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Project(s): View 1 related project in Energy Live
Plant(s): View 1 related plant in Energy Live
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
MIDSTREAM
TC Energy Announces Up to C$6.5 Billion in 2026 Capex - Calgary-based TC Energy placed C$8.3 billion (US$6 billion) of projects into service in 2025 and expects to place nearly C$4 billion (US$2.9 billion) into service this year. It anticipates full-year capital expenditure to be between C$6.0 billion (US$4.4 billion) and C$6.5 billion (US$4.77 billion). Executives on a post-earnings call said they expect North American natural gas demand to increase by 45 billion cubic feet per day from 2025 to 2035. (Reuters)
Data Center Demand Fuels Enbridge's Project Backlog - Enbridge Chief Executive Officer Greg Ebel in a conference call said, "We continue to advance over 50 data center opportunities across North America, requiring up to 10 billion cubic feet per day new [natural gas] takeaway capacity,", adding that the company expects to sanction additional projects in 2026 and beyond. Enbridge said it had C$39 billion (US$28.63 billion) in project backlog, C$8 billion (US$5.88 billion) of which is expected to come into service this year. The company also is active in the renewable energy sector. (Reuters)
PRODUCTION
ConocoPhillips, Partners to Invest US$2 Billion in Norway's Greater Ekofisk - ConocoPhillips and its partners will invest some 20 billion Norwegian crowns (US$2.11 billion) to restart production at three fields in Norway's Greater Ekofisk offshore area by the end of 2028, plans presented to the Norwegian government showed on Friday. The project, called the Previously Produced Fields (PPF), aims to extract more hydrocarbons from late-life Albuskjell, Vest Ekofisk and Tommeliten Gamma fields that were shut in 2019. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the related project reports. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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