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Friday, January 9, 2026
Economic Indicators

2Q 2025 3rd Est.

GDP
3.8%

November 2025

ISM
48.2%

September 2025

Unemployment Rate
4.4%

August 2025

New Orders
1.4%

September 2025

Industrial Production
0.1%

September 2025

Capacity Utilization
77.4%

Today's Headlines

Daily News Cast

Featured Story

Valero Plans Gasoline Imports as California Refineries Close

Industrial Info is tracking about $1.3 billion worth of active and proposed projects from Valero across the U.S., nearly 90% of which is attributed to U.S.-based crude oil-refining projects.

By William Ploch, Assistant Editor-in-Chief

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U.S. Says It's Marketing Venezuelan Crude Oil

The U.S. federal government is claiming it not only runs Venezuela, but now controls its oil sector. Apart from legal questions, the flood of new barrels on the water could create economic headwinds..

By Eric Funderburk, Promotions & Advertising Specialist

Flooding, Severe Weather Risks Loom for Southeast U.S.

A multi-day storm system will create episodic, weather-driven risks for energy and industrial operations from the Plains into the Southeast through Saturday..

By Brian Ford, Editor-in-Chief

Market Factors Alone Create Venezuelan Headwinds

The break-even price for Venezuelan crude oil is likely the highest for major global producers, which adds further complications to U.S. President Donald Trump's ambitions to overhaul a delipidated industry..

By William Ploch, Assistant Editor-in-Chief

TechnipFMC Racks Up Work in Gulf with Contract for BP's Tiber

Industrial Info is tracking more than $17 billion worth of active and proposed projects featuring TechnipFMC's services worldwide..

By William Ploch, Assistant Editor-in-Chief

Featured Story

Greater Houston Home to $15 Billion Worth of Projects Under Construction

Industrial Info is tracking $15 billion worth of projects that are under construction in the Houston metropolitan area, with the activity spread out across a variety of major industrial sectors such as chemicals, manufacturing, and oil and gas.

By Daniel Levin, Assistant Editor

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ExxonMobil Lower Upstream Earnings, Iraqi Field Nationalization, U.S. Crude Oil Inventories: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

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Brazil Hit its Highest Export Value at US$348.7 Billion in 2025

By Eric Funderburk, Promotions & Advertising Specialist

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Energy Transfer Plots Up to $5.5 Billion in 2026 Growth Projects

By William Ploch, Assistant Editor-in-Chief

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Con Ed Capital Plans Caught Between Affordability and Reliability Concerns

By Daniel Levin, Assistant Editor

Featured Story

Developers Challenge Revolution Wind Suspension

Danish energy firm Orsted said it would challenge a suspension order for its Revolution Wind facility off Rhode Island. The facility was slated to begin delivering power this month.

By Eric Funderburk, Promotions & Advertising Specialist

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La decisión de Ecopetrol de avanzar con el proyecto eólico Windpeshi marca un hito para el desarrollo de la energía eólica en Colombia

By Brian Ford, Editor-in-Chief

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Duke Submits Early Site Permit Application for North Carolina Nuclear Unit

By Eric Funderburk, Promotions & Advertising Specialist

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SPEED Act Seeks to Streamline Permitting of Energy Assets

By Brian Ford, Editor-in-Chief

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DOE Orders Indiana Coal Units To Remain Available into 2026

By Brian Ford, Editor-in-Chief

Featured Story

Big 'Ifs' on Venezuelan Oil Sector Revival

It's possible the Venezuelan oil sector will return to its previous glory from the mid-1970s, but it will require substantial investments and decades-long commitments.

By William Ploch, Assistant Editor-in-Chief

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Low U.S. Oil Imports, New Venezuela Sanctions, Saipem Contract Win: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

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Cold-Driven Demand Tightens U.S. Natural Gas Balances

By William Ploch, Assistant Editor-in-Chief

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Chevron to Receive American Crude from Canada's Frontera

By Eric Funderburk, Promotions & Advertising Specialist

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Vår Energi Spending US$15 billion in Norwegian North Sea

By Martin Lynch, European News Editor

Featured Story

IIR's December 22 Market Scorecard Brings You Breaking Geopolitical News

Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies

By Daniel Levin, Assistant Editor

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IIR's December 1 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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IIR's November 17 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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IIR's November 10 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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Atvos de Brasil anuncia inversiones en etanol de maíz y biometano

By Chester Conway, IIR Writing Staff

Featured Story

U.S. Refineries Prepare for Maintenance Ahead of a Busy 2026

Industrial Info is tracking $1.1 billion worth of maintenance-related projects at U.S.-based refineries that are set to begin in the first quarter.

By William Ploch, Assistant Editor-in-Chief

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HF Sinclair Seeks Westward Growth with Less Capital Spending

By William Ploch, Assistant Editor-in-Chief

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Trump Administration Seeks to Nearly Halve Vehicle Mileage Efficiency Standards

By Eric Funderburk, Promotions & Advertising Specialist

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Trump EPA Seeks to Vacate Tougher Biden-era Regulation of Particulate Matter

By Brian Ford, Editor-in-Chief

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Ecopetrol planea invertir entre 22 y 27 billones de pesos colombianos en 2026

By Brian Ford, Editor-in-Chief

Featured Story

Urenco USA Produces First Domestic Enriched Uranium Supply

Urenco USA is enlarging its Eunice facility by about 15%, after it enriched uranium above 5% U-235 in December.

By William Ploch, Assistant Editor-in-Chief

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BP Drops One of U.K.'s Largest Hydrogen Projects

By Martin Lynch, European News Editor

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Argentina Expands Fertilizer Production

By Mariana Soko, Chemical Processing Industry Manager - Latin America

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Argentina amplía producción de fertilizantes

By Brian Ford, Editor-in-Chief

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Europe Agrees on Weaker 2040 Climate Goal

By Martin Lynch, European News Editor

Featured Story

Major Chilean Copper Mine Slows Production Amid Strike

Union #2, the labor union at Capstone Copper Corporation's Mantoverde Copper Mine in Chanaral, Chile, began a strike January 2, following failed negotiations between the company and the union.

By William Ploch, Assistant Editor-in-Chief

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Report: India's Cement Industry to Add Capacity by 2030

By Sharun Anthony, Content Editor

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Severe Tropical Cyclone Hayley Barrels Into Western Australia

By Brian Ford, Editor-in-Chief

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IEA: Global Coal Use Up Slightly in 2025, But Declines Seen to 2030

By Brian Ford, Editor-in-Chief

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EIA: It Is Difficult to Track Many Critical Minerals Supply/Demand and Markets

By Daniel Levin, Assistant Editor

Featured Story

ESG Projects Attract Pulp & Paper Investments

The Pulp & Paper Industry is reshaping itself in response to surging e-commerce growth and consumer demand for clean labelling and packaging.

By Sharun Anthony, Content Editor

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  • IIR's December 15 Market Scorecard Brings You Breaking Geopolitical News

    Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.

    By Daniel Levin, Assistant Editor

  • ESG-Related Projects Advance Despite Trump's Agenda

    Despite the White House's opposition to development that can involve environmental, social and governance and laws that are aimed at climate change, Industrial Info is tracking $90 billion worth of ESG-related projects across the U.S. set to kick off in the first quarter, with about 45% of the total spend attributed to projects that it estimates have a medium-to-high likelihood (70% or more) of beginning construction..

    By Daniel Levin, Assistant Editor

  • Asia's Pulp & Paper Sector Investing Heavily

    Led by an increase in e-commerce packaging, Asia's paper sector is investing heavily in growth projects..

    By Eric Funderburk, Promotions & Advertising Specialist

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IIR's November 3 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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Economist: Tariffs Won't Cut Trade Deficit, Revive Manufacturing

By William Ploch, Assistant Editor-in-Chief

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IIR's October 13 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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U.S. Wood, Furniture Producers Plot Growth as Tariffs Loom

By William Ploch, Assistant Editor-in-Chief

Featured Story

Ovens On! Global Baked Goods Sector Attracts Investment

The global bakery products market is evolving due to rising consumer demand, developing lifestyles, and innovation across conventional and artisanal bakeries.

By Jennis Jacob, Content Editor

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  • Deere Warns of Rough Ride Ahead for U.S., Canadian Ag Markets

    Industrial Info is tracking about $600 million worth of active and proposed projects from Deere, as well as nearly $15 billion in active and proposed projects in the U.S. sector for agricultural products.

    By William Ploch, Assistant Editor-in-Chief

  • Tyson's Nebraska, Texas Plant Reductions Show U.S. Beef Woes

    Tyson has announced that it will close a major beef-processing plant in Nebraska and reduce shifts at another plant in Amarillo, Texas. The company cited low U.S. cattle supplies as its reason..

    By Eric Funderburk, Promotions & Advertising Specialist

  • Wisconsin Pursues Multiple Dairy Projects

    Fully embracing the "cheesehead" monicker, industrial and agricultural companies in Wisconsin are pursuing more than 80 projects related to the state's dairy sector, easily leading the U.S. in the number of such projects..

    By Eric Funderburk, Promotions & Advertising Specialist

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IIR's October 20 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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To Be or Not to Be: Vertical Farming Stands at Crossroads

By Jennis Jacob, Content Editor

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Alberta Pressing for North American Trade

By Daniel Levin, Assistant Editor

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IIR's September 29 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

Featured Story

U.S. Heavy Manufacturing Takes Flight in 2026's First Quarter

Industrial Info is tracking about $3.4 billion worth of heavy-manufacturing projects across the U.S. that are slated to begin construction in the first quarter of 2026.

By William Ploch, Assistant Editor-in-Chief

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China's New Energy Vehicle Production Soars for Year Through October

By Daniel Levin, Assistant Editor

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Dallas-Fort Worth Area is Key U.S. Data Center Destination Next Year

By Eric Funderburk, Promotions & Advertising Specialist

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U.S. Semiconductor Plant Construction Advances, Other Work Slows Down

By Daniel Levin, Assistant Editor

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U.S. Data Center Buildout Hits Obstacles--Speed Bumps or an Iceberg?

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Shin Poong Pharmaceutical Invests in Ansan, Osong Plants

Shin Poong Pharmaceutical (Seoul, South Korea) is seeking to secure funding for a large-scale manufacturing investment at its Osong (Cheongju) and Ansan plants in South Korea.

By Junhyung Park, IIR Writing Staff

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Procter & Gamble Stays Upbeat Amid Tariffs, Rising Prices

By William Ploch, Assistant Editor-in-Chief

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Construction Firm Webcor Gains Ground in High-Tech Sectors with GCON Purchase

By Eric Funderburk, Promotions & Advertising Specialist

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Pharmaceutical Majors Plan U.S. Manufacturing Investment Amid White House Push

By Daniel Levin, Assistant Editor

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Merck Ditches $1 Billion London R&D Project

By Martin Lynch, European News Editor

Industry Shorts


News by Geography

North America
U.S. LNG in Overdrive in 2025

The Plaquemines LNG facility, which became the eighth export terminal for LNG in the United States in late December, helped lead to a surge in the sector last year.

By Eric Funderburk, Promotions & Advertising Specialist


Big Questions About Oil and the Future of Venezuela

By Eric Funderburk, Promotions & Advertising Specialist

Transport, Steel Pipe Needs Fuel Downstream U.S. Metal Sector

By William Ploch, Assistant Editor-in-Chief

Latin America
Fortescue Reinforces Interest in Peru Amid Bullish Copper Market

Fortescue aims to put a bigger footprint on Peru's copper operations.

By Brian Ford, Editor-in-Chief


Europe
Boost for Floating Offshore Wind in the U.K.

The U.K.'s state-body in charge of renewable energy has made its first offshore wind investment in the proposed Pentland floating offshore project in Scottish waters.

By Martin Lynch, European News Editor



Africa
Last-Minute Deal to Save South African Smelters

South Africa's struggling power utility Eskom (Johannesburg, South Africa) has agreed to talks with the owners of some of the country's leading aluminum smelters to prevent their imminent closure with the loss of almost 5,000 jobs.

By Martin Lynch, European News Editor


Asia
India Records Historic Growth in Non-Fossil Power Capacity

According to India's Ministry of New and Renewable Energy, India has achieved a significant milestone in its clean-energy journey by adding a record 31.25 gigawatts (GW) of non-fossil fuel power capacity during the financial year 2025-26.

By Yogesh Kumar, Lead Researcher-Power


Oceania
Rescue Plan for Australia's Largest Aluminum Smelter

The Australian government has agreed a plan to save the country's largest aluminum smelter from closure.

By Martin Lynch, European News Editor


Rio Tinto Changes Direction on Green Iron

By Martin Lynch, European News Editor


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