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Thursday, May 7, 2026
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%

Today's Headlines

Daily News Cast

Featured Story

U.S. Ethylene Producers Face Tougher Market, Plot Outages

Published

Industrial Info Resources is tracking activity at ethylene units across the U.S., including those online, planned, under construction or offline.

By William Ploch, Assistant Editor-in-Chief

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  • AEP Boosts Five-Year U.S. Power Spending Plan to $78 Billion

    Published

    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

  • Duke Energy Advances U.S. Natural Gas Generation Buildout

    Published

    Industrial Info Resources is tracking $38 billion worth of active and proposed projects from Duke Energy, which comes as the company advances its natural gas-generation buildout.

    By Daniel Levin, Assistant Editor

  • From Farm to Table, Iran Blockade-Based Food Inflation Continues

    Published

    Farmers and consumers alike are pressed by rising fertilizer and fuel costs, resulting from Hormuz blockades. According to Industrial Info Resources data, more than 28,000 food and beverage projects worldwide total $428 billion of investment.

    By Daniel Levin, Assistant Editor

  • Crescent Builds Out Texas Oil & Gas Assets

    Published

    Vital Energy's nine Permian Basin stations now part of company's assets, with $1.3 billion of Eagle Ford developments set for 2026 and 2027

    By William Ploch, Assistant Editor-in-Chief

NERC Issues Heightened Alert Over Data Center Loads on U.S. Power System

Published

Large computational electric loads from data centers and other facilities could pose a threat to the reliability of the U.S. bulk power system, warns the North American Electric Reliability Corporation (NERC).

By Brian Ford, Editor-in-Chief

Canadian Energy Company Suncor Notches Multiple Q1 Records

Published

Canadian energy company Suncor said it saw banner performance during the first quarter, with product sales, refining throughput and upstream production all setting records.

By Eric Funderburk, Promotions & Advertising Specialist

Western Midstream Permian Acquisition, Reduced Production from Occidental: Your Daily Energy News

Published

Western Midstream Partners is expanding its Permian footprint with the purchase of privately held Brazos Delaware II, while Occidental has lowered its 2026 production forecast, largely due to suspension of Middle East assets.

By Eric Funderburk, Promotions & Advertising Specialist

Ghana Mandates Local Ownership for Mining

Published

Ghana has instructed major mining companies, including Newmont, AngloGold Ashanti and Zijin Mining, to shift their mining operations to locally owned contractors by December 2026 or face penalties.

By Sunil Kumar, Researcher

Featured Story

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

Published

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

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Taiwan Semiconductor Manufacturing Sees US$67 Billion of Ongoing Construction

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Miner First Quantum Reports US$249 Million Net Loss, Impacted by Lower Production

Published

By Eric Funderburk, Promotions & Advertising Specialist

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

Published

By William Ploch, Assistant Editor-in-Chief

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U.S. Nuclear Renaissance Enters Steel-in-Ground Phase

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

AEP Boosts Five-Year U.S. Power Spending Plan to $78 Billion

Published

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

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U.S. Nuclear Renaissance Enters Steel-in-Ground Phase

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Brazil to Strengthen Energy Security Amid Drought, Solar Power Growth, High Loads

Published

By Brian Ford, Editor-in-Chief

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IIR's May 4 Market Scorecard Brings You Breaking Geopolitical News

Published

By Daniel Levin, Assistant Editor

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Dominion's Offshore Wind, Peaking Projects Hit Milestones

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

Canada's Bay du Nord Deepwater Oil Project Closer to Reality

Published

Equinor's offshore drilling project would be Canada's first in the Atlantic. Industrial Info Resources is tracking 40 related projects.

By William Ploch, Assistant Editor-in-Chief

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Canadian Energy Company Suncor Notches Multiple Q1 Records

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Western Midstream Permian Acquisition, Reduced Production from Occidental: Your Daily Energy News

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Western Midstream Permian Acquisition, Reduced Production from Occidental: Your Daily Energy News

Published

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

LNG Canada Delivered 80 Cargoes Since Operations Began

Published

By William Ploch, Assistant Editor-in-Chief

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

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North American Fuel Pellet Industry Has Construction in Store

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Uncertainty on Iran War Drives Oil Up 15%

Published

By William Ploch, Assistant Editor-in-Chief

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Middle East War Takes Toll on SLB, Oil Industry

Published

By William Ploch, Assistant Editor-in-Chief

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Early U.S. Forecasts Signal Near-Normal Atlantic Hurricane Season

Published

By Brian Ford, Editor-in-Chief

Featured Story

Global Crude Oil Prices Slip After Vessel Transits Strait of Hormuz

Published

Global crude oil prices slipped Tuesday after global shipper Maersk said a vessel made it through the Strait of Hormuz.

By Brian Ford, Editor-in-Chief

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  • Phillips 66 Advances Major Global Growth Projects

    Published

    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

  • 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 Refining News
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U.S. Gasoline Prices Spike as Trump Tries to Calm Markets

Published

By William Ploch, Assistant Editor-in-Chief

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World Bank Sounds Alarm Bells Over U.S./Israel War With Iran Amid Refinery Outages

Published

By Brian Ford, Editor-in-Chief

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Jet Fuel Prices Up Sharply on War Premium Amid Refinery Turnarounds

Published

By Brian Ford, Editor-in-Chief

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Canada to Launch Sovereign Wealth Fund for Projects, Companies

Published

By Brian Ford, Editor-in-Chief

Featured Story

U.S. Ethylene Producers Face Tougher Market, Plot Outages

Published

Industrial Info Resources is tracking activity at ethylene units across the U.S., including those online, planned, under construction or offline.

By William Ploch, Assistant Editor-in-Chief

Read the Article
  • Green Light for Humber Green Hydrogen Plant in U.K.

    Published

    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

  • Phillips 66 Advances Major Global Growth Projects

    Published

    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

  • See More Chemical Processing News
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IIR's May 4 Market Scorecard Brings You Breaking Geopolitical News

Published

By Daniel Levin, Assistant Editor

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U.S. Chemical Investments Shift Amid Fertilizer Crisis

Published

By William Ploch, Assistant Editor-in-Chief

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Canada to Launch Sovereign Wealth Fund for Projects, Companies

Published

By Brian Ford, Editor-in-Chief

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Vietnam Petrochemicals Plant Halts Operations Again

Published

By Ralph Diasanta, Research Specialist

Featured Story

Ghana Mandates Local Ownership for Mining

Published

Ghana has instructed major mining companies, including Newmont, AngloGold Ashanti and Zijin Mining, to shift their mining operations to locally owned contractors by December 2026 or face penalties.

By Sunil Kumar, Researcher

Read the Article
Read the Article

Anglo American mantuvo niveles estables de producción de cobre y mineral de hierro en el primer trimestre

Published

By Brian Ford, Editor-in-Chief

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Anglo American Maintains Copper & Iron Ore Mining Production in First Quarter

Published

By Brian Ford, Editor-in-Chief

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El EBITDA ajustado de Teck en el primer trimestre aumentó un 125% impulsado por los precios y las ventas del cobre

Published

By Brian Ford, Editor-in-Chief

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Canada to Launch Sovereign Wealth Fund for Projects, Companies

Published

By Brian Ford, Editor-in-Chief

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

Read the Article
Read the Article

IIR's March 2 Market Scorecard Brings You Breaking Geopolitical News

Published

By Brian Ford, Editor-in-Chief

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Initial Reaction to New Tariffs Muted as Lawyers Assess Legality

Published

By Brian Ford, Editor-in-Chief

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Spring 2026: Fading La Niña, Western Drought Risk, Eye on Hurricane Season

Published

By Brian Ford, Editor-in-Chief

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IIR's February 23 Market Scorecard Brings You Breaking Geopolitical News

Published

By Daniel Levin, Assistant Editor

Featured Story

From Farm to Table, Iran Blockade-Based Food Inflation Continues

Published

Farmers and consumers alike are pressed by rising fertilizer and fuel costs, resulting from Hormuz blockades. According to Industrial Info Resources data, more than 28,000 food and beverage projects worldwide total $428 billion of investment.

By Daniel Levin, Assistant Editor

Read the Article
Read the Article

Early U.S. Forecasts Signal Near-Normal Atlantic Hurricane Season

Published

By Brian Ford, Editor-in-Chief

Read the Article

U.S. Dairy Plant Construction Brings Billions in Spending

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Diminishing Water Resources Put Pressure on Corpus Christi, Texas

Published

By William Ploch, Assistant Editor-in-Chief

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U.S. Customs Says It Needs Time to Refund Tariffs

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

AEP Boosts Five-Year U.S. Power Spending Plan to $78 Billion

Published

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

Read the Article
Read the Article

Actual, Planned Capital Investments in U.S. Data Centers Soar

Published

By Brian Ford, Editor-in-Chief

Read the Article

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

Published

By William Ploch, Assistant Editor-in-Chief

Read the Article

IIR's May 4 Market Scorecard Brings You Breaking Geopolitical News

Published

By Daniel Levin, Assistant Editor

Read the Article

Dominion's Offshore Wind, Peaking Projects Hit Milestones

Published

By William Ploch, Assistant Editor-in-Chief

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

Read the Article
Read the Article

Helium Investments Gain Momentum as Supply Surge Meets Market Dynamics

Published

By Sharun Anthony, Content Editor

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U.S. Customs Says It Needs Time to Refund Tariffs

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Trade Court Rules Importers are Due U.S. Tariff Refunds, With Interest

Published

By Brian Ford, Editor-in-Chief

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IIR's March 2 Market Scorecard Brings You Breaking Geopolitical News

Published

By Brian Ford, Editor-in-Chief

Industry Shorts


News by Geography

Middle East News

Top Story

EOG's Increased Production, Higher Russian LNG Exports: Your Daily Energy News

Published

EOG Resources reported higher production oil and gas production in Q1, while Russian LNG exports through April reportedly were up 8.6%.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article

North America

Latin America

Europe

U.K. Greenlights Largest Solar Power Project

Published

The approved Springwell solar farm in the U.K. will be the country's largest and cost US$878 million to construct according to Industrial Info Resources data.

By Martin Lynch, European News Editor



Africa

Egypt Accelerates Energy Transition with 2.5-GW Renewable Power Expansion

Published

In a bold stride toward energy independence, Egypt plans to integrate 2,500 megawatts (MW) of renewable energy into its national grid this year, a key milestone in diversifying its energy mix toward sustainability.

By Mohammad Mikail, Regional Industry Specialist - Arabic Language


Asia

Oceania


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