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Thursday, May 21, 2026
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Economic Indicators

1Q 2026 (Adv. Est.)

GDP
2%

April 2026

ISM
52.7%

March 2026

Unemployment Rate
4.3%

February 2026

New Orders
0%

March 2026

Industrial Production
-0.5%

March 2026

Capacity Utilization
75.7%

Latest Headlines

Daily News Cast

Featured Story

Canada Breaks Ground on Graphite Mine in Quebec

Published

Nouveau Monde Graphite started work on the second phase of the Matawinie graphite mining operation. With global demand on the rise, the Canadian government is keen on setting itself up for success.

By Daniel Levin, Assistant Editor

Read the Article
  • Products for Data Centers Lead to Billions in U.S. Spending

    Published

    According to Industrial Info Resources data, there are billions worth of capital projects for making products used by data centers, including Elon Musk's $55 billion Terafab semiconductor project. Other high-dollar projects include a major semiconductor investment from Intel and Ford's new BESS manufacturing, while lower investment is for a variety of products.

    By Daniel Levin, Assistant Editor

  • IEA: Global EV Sales Rose 20% in 2025, More Gains Seen

    Published

    The International Energy Agency estimates electric and hybrid vehicle sales reached 20 million units in 2025 and are expected to hit 23 million this year.

    By Eric Funderburk, Promotions & Advertising Specialist

  • Venezuela's PDVSA Continues with Refinery Repairs

    Published

    PDVSA is working to maintain its dilapidated refineries. U.S. officials, however, say Venezuela has a role to play in global energy security.

    By Brian Ford, Editor-in-Chief

Global Cement & Lime Manufacturers Plan $96B in Investments

Published

North America is home to more than US$5.5 billion of cement and lime projects, with the U.S. cement sector accounting for about $3.76 billion.

By William Ploch, Assistant Editor-in-Chief

First Oil Reached at Alaska's Pikka Project

Published

Some 80,000 barrels of oil per day are expected by the third quarter now that first oil was achieved at the Pikka prospect in Alaska, international partners announced.

By Daniel Levin, Assistant Editor

Indiana, North Carolina Highlight Billions in U.S. Pharmaceutical-Biotech Investment

Published

According to Industrial Info Resources data, major developments in Indiana and North Carolina lead the U.S. with $76 billion worth of Pharmaceutical & Biotech Industry projects under construction. This is buoyed by high-dollar efforts from industry giants such as Eli Lilly and Company, Novo Nordisk and Johnson & Johnson.

By Daniel Levin, Assistant Editor

Three Large U.S. Gas Drillers Report Big Jump in Q1 Profits

Published

First-quarter net profits shot up for three large, independent, gas-oriented U.S. exploration and production companies, driven by higher demand, stemming in part from the cold snap early in the quarter, which led to increased production and increased prices.

By Brian Ford, Editor-in-Chief

Featured Story

Research Labs Spring Up Across U.S.

Published

Industrial Info Resources is tracking more than $40 billion of research laboratories presently under construction in the U.S., with a heavy preponderance of projects in Massachusetts, Texas and California.

By Eric Funderburk, Promotions & Advertising Specialist

  • China, Hungary, U.S. Lead Glass Plant Construction Spending

    Industrial Info Resources is tracking more than US$7 billion of ongoing construction at glass plants throughout the world, led by China, Hungary and the U.S.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 19, 2026 Read Article
  • Chile Pulls Environmental Permit for Collahuasi Copper Mine Expansion

    Chile's Environmental Tribunal overturned 2021 environmental permits for the Collahuasi mine expansion project, which includes the desalination plant. Glencore does not expect any immediate impact to operations.

    By Daniel Levin, Assistant Editor

    Published May 19, 2026 Read Article
  • BP Selling Stakes in Key U.K. Carbon Capture Projects

    BP continues its withdrawal from renewable energy and carbon capture projects with the announcement that it will sell its stakes in two of the U.K.'s leading carbon capture and storage (CCS) projects.

    By Martin Lynch, European News Editor

    Published May 19, 2026 Read Article
  • Colombia's Ecopetrol Reports Lower Production, Profit

    Colombia's Ecopetrol recorded a lower first-quarter net profit and a drop in hydrocarbons production of 2.7% year on year.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 19, 2026 Read Article
  • U.S. Plastic Resin Production Set for Near-Term Growth

    Industrial Info Resources is tracking $22 billion of U.S. plastics-manufacturing projects, part of a global market totaling more than $325 billion

    By William Ploch, Assistant Editor-in-Chief

    Published May 18, 2026 Read Article
  • See More Industry News

Featured Story

NextEra, Dominion Merger Could Reshape U.S. Power Generation

Published

Industrial Info Resources is tracking 689 operational facilities from NextEra and 706 from Dominion; together, the companies account for more than $190 billion in spending.

By William Ploch, Assistant Editor-in-Chief

  • Renewables Represented 76% of Brazil's 7.4 GW Power Expansion in 2025

    Brazil is rapidly expanding its renewable energy sector, adding 7.4 GW to its electric system in 2025, with 76% coming from renewables. This growth strengthens Brazil's ability to attract energy-intensive industries, and Industrial Info Resources is tracking more than 1,800 renewable power and energy storage projects valued at US5$12 billion across the country.

    By Daniel Levin, Assistant Editor

    Published May 18, 2026 Read Article
  • Billions Worth of Texas Solar Power Projects to Come Online in 2026

    Industrial Info Resources is tracking 37 utility-scale solar projects, valued at $12.8 billion, that are set to be completed in Texas in 2026 as the state's solar generation easily surpasses coal-fired power.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 15, 2026 Read Article
  • First Texas Energy Fund-backed Generation Project Comes Online

    Constellation Pin Oak peaking power is first of six Texas Energy Fund-backed power projects to come online. Industrial Info Resources is tracking all six projects, which will total 3.47 GW of power capacity.

    By Daniel Levin, Assistant Editor

    Published May 15, 2026 Read Article
  • U.S. Geothermal Power Generation Shows Signs of Relevance

    Developments around U.S. geothermal power are heating up. Industrial Info Resources is tracking $6.7 billion worth of active and proposed geothermal-related projects across the country, most of which are in the western U.S., although much of the activity is in an early stage of development.

    By Daniel Levin, Assistant Editor

    Published May 15, 2026 Read Article
  • See More Power News

Featured Story

New UAE Pipeline, Record U.S. Oil & Gas Lease Auction: Your Daily Energy News

Published

A U.S. oil and gas lease auction this drew record winning bids of $4 billion, while the head of ADNOC reports a new crude oil pipeline in the UAE is 50% complete.

By Eric Funderburk, Promotions & Advertising Specialist

  • First Oil Reached at Alaska's Pikka Project

    Some 80,000 barrels of oil per day are expected by the third quarter now that first oil was achieved at the Pikka prospect in Alaska, international partners announced.

    By Daniel Levin, Assistant Editor

    Published May 20, 2026 Read Article
  • First Oil Reached at Alaska's Pikka Project

    Some 80,000 barrels of oil per day are expected by the third quarter now that first oil was achieved at the Pikka prospect in Alaska, international partners announced.

    By Daniel Levin, Assistant Editor

    Published May 20, 2026 Read Article
  • Three Large U.S. Gas Drillers Report Big Jump in Q1 Profits

    First-quarter net profits shot up for three large, independent, gas-oriented U.S. exploration and production companies, driven by higher demand, stemming in part from the cold snap early in the quarter, which led to increased production and increased prices.

    By Brian Ford, Editor-in-Chief

    Published May 20, 2026 Read Article
  • Two New U.S. LNG Projects Pick Up Funding

    Industrial Info Resources is tracking 17 projects related to Alaska LNG, totaling more than US$30 billion of investment.

    By William Ploch, Assistant Editor-in-Chief

    Published May 19, 2026 Read Article
  • See More Oil & Gas News

Featured Story

U.S. Renewable Fuels Policy Changes Could Benefit Domestic Farmers

Published

In the last year, the U.S. has made "an unprecedented number of policy changes in the biofuels space" at both national and state levels. Changes involve finished products and feedstocks.

By Eric Funderburk, Promotions & Advertising Specialist

  • Hormuz Blockades Boost Global Renewable Fuels Mandates

    Published

    Renewables gain new momentum replacing some transportation fuels choked off behind the Strait of Hormuz. According to Industrial Info Resources data, there are nearly 5,000 renewable fuel projects around the world, with an investment value of $303 billion.

    By Daniel Levin, Assistant Editor

  • Europe's Plan to Combat Fuel Crisis

    Published

    The European Commission (EC) has launched a toolbox of measures called AccelerateEU to help relieve the pressure on European industry and households caused by the war in Iran and its ongoing global impact on fuel supplies and rocketing prices.

    By Martin Lynch, European News Editor

  • See More Alternative Fuel News

Featured Story

Venezuela's PDVSA Continues with Refinery Repairs

Published

PDVSA is working to maintain its dilapidated refineries. U.S. officials, however, say Venezuela has a role to play in global energy security.

By Brian Ford, Editor-in-Chief

Featured Story

BP Selling Stakes in Key U.K. Carbon Capture Projects

Published

BP continues its withdrawal from renewable energy and carbon capture projects with the announcement that it will sell its stakes in two of the U.K.'s leading carbon capture and storage (CCS) projects.

By Martin Lynch, European News Editor

  • Green Light for Humber Green Hydrogen Plant in U.K.

    Planning permission has been granted for the Humber H2ub Green hydrogen production facility near Killingholme power station but a much larger blue hydrogen project has been shelved.

    By Martin Lynch, European News Editor

    Published May 06, 2026 Read Article
  • Phillips 66 Advances Major Global Growth Projects

    Phillips 66 is advancing major growth projects. According to Industrial Info Resources data, there is $5 billion worth of projects worldwide attributed to the energy company, excluding two major joint-venture petrochemical facilities under construction.

    By Daniel Levin, Assistant Editor

    Published May 05, 2026 Read Article
  • U.S. Chemical Investments Shift Amid Fertilizer Crisis

    While agricultural producers are clamoring for fertilizer amid a global shortage, domestic petrochemical producers are realizing they may have put too much on the market.

    By William Ploch, Assistant Editor-in-Chief

    Published April 29, 2026 Read Article
  • Canada to Launch Sovereign Wealth Fund for Projects, Companies

    Canadian Prime Minister Mark Carney continued his efforts to build up the economy with the launch of a sovereign wealth fund. Through trade and investments, Canada aims to become an energy superpower.

    By Brian Ford, Editor-in-Chief

    Published April 29, 2026 Read Article
  • Vietnam Petrochemicals Plant Halts Operations Again

    Having resumed operations in August 2025 after a nearly year-long suspension because of the oil price surge, Long Son Petrochemicals (LSP), a Vietnam subsidiary of Siam Cement Group (SCG) is once again facing an operational halt due to the continuing conflict in the Middle East.

    By Ralph Diasanta, Research Specialist

    Published April 28, 2026 Read Article
  • See More Chemical Processing News

Featured Story

Canada Breaks Ground on Graphite Mine in Quebec

Published

Nouveau Monde Graphite started work on the second phase of the Matawinie graphite mining operation. With global demand on the rise, the Canadian government is keen on setting itself up for success.

By Daniel Levin, Assistant Editor

  • China, Hungary, U.S. Lead Glass Plant Construction Spending

    Industrial Info Resources is tracking more than US$7 billion of ongoing construction at glass plants throughout the world, led by China, Hungary and the U.S.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 19, 2026 Read Article
  • Chile Pulls Environmental Permit for Collahuasi Copper Mine Expansion

    Chile's Environmental Tribunal overturned 2021 environmental permits for the Collahuasi mine expansion project, which includes the desalination plant. Glencore does not expect any immediate impact to operations.

    By Daniel Levin, Assistant Editor

    Published May 19, 2026 Read Article
  • Argentina OKs Two Mining Projects Under the RIGI

    Industrial Info Resources is tracking 13 lithium plants and mines active in Argentina, including the Fenix mine and the Sal de Oro Plant, two projects to be added to the RIGI.

    By William Ploch, Assistant Editor-in-Chief

    Published May 18, 2026 Read Article
  • Equinox Gold to Acquire Orla Mining

    Equinox Gold Corporation will acquire Orla Mining Limited, creating one of the leading gold producers in the Americas with an expected gold production of 1.1 million ounces for 2026.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 15, 2026 Read Article
  • U.S. and EU Form Critical Minerals Partnership

    Efforts by the U.S. to strengthen domestic and global critical minerals supply chains and prevent market manipulation, largely in response to overreliance on China, now include a MOU and action plan with the EU and builds on the FORGE initiative that was announced earlier this year.

    By Daniel Levin, Assistant Editor

    Published May 14, 2026 Read Article
  • See More Metals & Minerals News

Featured Story

Industrial Info's Labor Analytics Tools Guide U.S. Developers

Published

The labor market is increasingly tight, with Industrial Info Resources estimating 705,000 journeymen-level craftsmen will be needed across the U.S. in 2026

By William Ploch, Assistant Editor-in-Chief

Featured Story

Hormuz Blockades Boost Global Renewable Fuels Mandates

Published

Renewables gain new momentum replacing some transportation fuels choked off behind the Strait of Hormuz. According to Industrial Info Resources data, there are nearly 5,000 renewable fuel projects around the world, with an investment value of $303 billion.

By Daniel Levin, Assistant Editor

  • U.S. Dairy Plant Construction Brings Billions in Spending

    According to Industrial Info Resources data, there is more than $14.5 billion of active dairy projects in the U.S., ranging in their development timelines from planning to active construction. Nearly $7 billion worth of these projects are actively under construction.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published April 16, 2026 Read Article
  • Diminishing Water Resources Put Pressure on Corpus Christi, Texas

    With reservoir levels dropping to dangerous lows, authorities in Corpus Christi are looking for ways to acquire potable water after a major desalination project was cancelled last year.

    By William Ploch, Assistant Editor-in-Chief

    Published April 07, 2026 Read Article
  • U.S. Customs Says It Needs Time to Refund Tariffs

    A federal trade court was told March 6 that it would take about 45 days to reconfigure the systems and processes used by U.S. Customs and Border Protection before it could begin making refunds on tariffs it has collected.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published March 10, 2026 Read Article
  • U.S. Soft Drink Projects Bring $2.4 Billion in Active Construction

    The manufacture of soft drinks, juice drinks, bottled water and similar beverages means big business in the U.S., and the producers and bottlers of these beverages are at work on projects across the country.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published March 05, 2026 Read Article
  • See More Food & Beverage News

Featured Story

Products for Data Centers Lead to Billions in U.S. Spending

Published

According to Industrial Info Resources data, there are billions worth of capital projects for making products used by data centers, including Elon Musk's $55 billion Terafab semiconductor project. Other high-dollar projects include a major semiconductor investment from Intel and Ford's new BESS manufacturing, while lower investment is for a variety of products.

By Daniel Levin, Assistant Editor

  • U.S. Aircraft, Part Manufacturing Bring Billions in Spending

    Industrial Info Resources is tracking $17 billion worth of capital-spending projects related to the manufacturing of aircraft and aircraft parts in the U.S., including those from Boeing. The U.S. aircraft sector encompasses both defense and commercial aircraft and means big business throughout the country.

    By Daniel Levin, Assistant Editor

    Published May 08, 2026 Read Article
  • Active U.S. Chiller-Boiler Construction Tops $1 Billion

    At seemingly every moment, someone, somewhere in the U.S. is at work on a boiler and/or chiller system. Industrial Info Resources data find around $1.3 billion worth of U.S. boiler and chiller projects that are actively under construction.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 08, 2026 Read Article
  • AEP Boosts Five-Year U.S. Power Spending Plan to $78 Billion

    Power company American Electric Power this week boosted its five-year spending plan by $6 billion to $78 billion after signing multiple large-load agreements in the first quarter.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 07, 2026 Read Article
  • See More Industrial Manufacturing News

Featured Story

Indiana, North Carolina Highlight Billions in U.S. Pharmaceutical-Biotech Investment

Published

According to Industrial Info Resources data, major developments in Indiana and North Carolina lead the U.S. with $76 billion worth of Pharmaceutical & Biotech Industry projects under construction. This is buoyed by high-dollar efforts from industry giants such as Eli Lilly and Company, Novo Nordisk and Johnson & Johnson.

By Daniel Levin, Assistant Editor

Featured Story

Saudi Arabia Unveils Qualification Process for 3 GW of BESS Power Projects

Published

The Saudi Power Procurement Company has launched the qualification process for Saudi Arabia's second group of battery energy storage system (BESS) projects.

By Mohammad Mikail, Regional Industry Specialist - Arabic Language

Featured Story

China Dominates Mining Equipment Plant Construction

Published

China clearly emerges as the world's lead spender for both current and future construction projects involving the manufacture of mining equipment.

By Eric Funderburk, Promotions & Advertising Specialist

  • First Texas Energy Fund-backed Generation Project Comes Online

    Constellation Pin Oak peaking power is first of six Texas Energy Fund-backed power projects to come online. Industrial Info Resources is tracking all six projects, which will total 3.47 GW of power capacity.

    By Daniel Levin, Assistant Editor

    Published May 15, 2026 Read Article
  • U.S. Geothermal Power Generation Shows Signs of Relevance

    Developments around U.S. geothermal power are heating up. Industrial Info Resources is tracking $6.7 billion worth of active and proposed geothermal-related projects across the country, most of which are in the western U.S., although much of the activity is in an early stage of development.

    By Daniel Levin, Assistant Editor

    Published May 15, 2026 Read Article
  • Equinox Gold to Acquire Orla Mining

    Equinox Gold Corporation will acquire Orla Mining Limited, creating one of the leading gold producers in the Americas with an expected gold production of 1.1 million ounces for 2026.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 15, 2026 Read Article
  • U.S. LNG Levels Off from Early-Year Peaks

    IIR Energy data published Wednesday show regular maintenance pushed feed gas levels for LNG down nearly 2 billion cubic feet per day from recent highs, while the U.S. Department of Energy warns that long lead times could constrain growth in the sector.

    By Daniel Levin, Assistant Editor

    Published May 14, 2026 Read Article
  • See More North America News

Featured Story

Argentina OKs Two Mining Projects Under the RIGI

Published

Industrial Info Resources is tracking 13 lithium plants and mines active in Argentina, including the Fenix mine and the Sal de Oro Plant, two projects to be added to the RIGI.

By William Ploch, Assistant Editor-in-Chief

  • Renewables Represented 76% of Brazil's 7.4 GW Power Expansion in 2025

    Published

    Brazil is rapidly expanding its renewable energy sector, adding 7.4 GW to its electric system in 2025, with 76% coming from renewables. This growth strengthens Brazil's ability to attract energy-intensive industries, and Industrial Info Resources is tracking more than 1,800 renewable power and energy storage projects valued at US5$12 billion across the country.

    By Daniel Levin, Assistant Editor

  • Iberdrola's Neoenergia to Invest in Brazil's Power Grid

    Published

    Neoenergia is investing about US$10.18 billion in distribution assets across Brazil between 2026 and 2030, about 46% in expanding electricity infrastructure.

    By William Ploch, Assistant Editor-in-Chief

  • See More Latin America News

Featured Story

Norway Doubles Down on Gas Production for Europe

Published

Norway's government has taken a decision to reopen a number of gasfields shut down last century in an effort to produce more gas for Europe

By Martin Lynch, European News Editor

  • U.S. and EU Form Critical Minerals Partnership

    Published

    Efforts by the U.S. to strengthen domestic and global critical minerals supply chains and prevent market manipulation, largely in response to overreliance on China, now include a MOU and action plan with the EU and builds on the FORGE initiative that was announced earlier this year.

    By Daniel Levin, Assistant Editor

  • See More Europe News
  • Work Starts on First SMR Power Project in Czech Republic

    Work can start on the Czech Republic's first small modular reactor (SMR) power plant following the contract signing between the state-owned power company CEZ Group and developer Rolls-Royce SMR.

    By Martin Lynch, European News Editor

    Published May 12, 2026 Read Article
  • U.S., U.K. Big Oil Sees Mixed Q1 Results Amid Mideast War

    Four large integrated oil supermajor firms reported sharply different first-quarter profits amid the ongoing Middle East conflicts. Compared to the year-earlier quarter, profits fell for U.S.-based ExxonMobil Corporation and Chevron Corporation but shot up for U.K.-based BP Plc and Shell Plc.

    By Brian Ford, Editor-in-Chief

    Published May 11, 2026 Read Article
  • Belgium to Nationalize Nuclear Power Fleet

    Belgium's government continues to reverse the country's former anti-nuclear power position by agreeing to buyout the country's nuclear power fleet from French energy company Engie.

    By Martin Lynch, European News Editor

    Published May 11, 2026 Read Article
  • Green Light for Humber Green Hydrogen Plant in U.K.

    Planning permission has been granted for the Humber H2ub Green hydrogen production facility near Killingholme power station but a much larger blue hydrogen project has been shelved.

    By Martin Lynch, European News Editor

    Published May 06, 2026 Read Article
  • Taiwan Semiconductor Manufacturing Sees US$67 Billion of Ongoing Construction

    Industrial Info Resources is tracking more than US$67 billion of current construction from Taiwan Semiconductor Manufacturing Company (TSMC), with key areas including its home country of Taiwan and Phoenix, Arizona.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published May 06, 2026 Read Article
  • See More Europe News

Featured Story

Angola's First New Refinery in 50 Years Starts Production

Published

More than 50 years after achieving its independence from Portugal, Angola has shipped fuel from its newest refinery at Cabinda.

By Martin Lynch, European News Editor

Featured Story

Bangladesh Enters Nuclear Era as Rooppur Plant Advances Toward Commissioning

Published

Bangladesh has taken a decisive step toward diversifying its energy mix with significant progress at the 2,400-megawatt (MW) Rooppur Nuclear Power Plant.

By Yogesh Kumar, Lead Researcher-Power

Featured Story

Targa Resources Boosts Sales, More SPR Loans: Your Daily Energy News

Published

Targa Resources boasts higher natural gas and NGL sales, with the U.S. has announced another planned release from the Strategic Petroleum Reserve.

By Eric Funderburk, Promotions & Advertising Specialist


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