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Project(s): View 1 related project in PECWeb
Plant(s): View 1 related plant in PECWeb
Released March 26, 2025 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
Delfin LNG, Germany's SEFE Sign 15-Year Supply Deal - Delfin LNG (Houston, Texas) and German company Securing Energy For Europe (SEFE) (Berlin) have signed a 15-year agreement for 1.5 million tons of U.S. liquefied natural gas (LNG) per year, the companies said on Tuesday. Under the agreement, LNG would be exported from floating LNG (vessels that Delfin wants to deploy off Cameron Parish, Louisiana, Delfin said in a press release. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project report. (Reuters)
Shell Raises LNG Sales Target - Shell plc (NYSE:SHEL) (London, England), the world's biggest LNG trader, said it is targeting a 4-5% annual increase in LNG sales over the next five years and 1% annual production growth. Finance Chief Sinead Gorman said on a conference call that the LNG sales target would be underpinned by Shell's own production and volumes from other producers. Shell estimates global demand for LNG to rise by about 60% by 2040, driven by economic growth in Asia, the impact of artificial intelligence and efforts to cut emissions in heavy industries and transportation. The company produced 29 million metric tons of LNG and sold 66 million tons in 2024. (Reuters)
ENERGY & INFRASTRUCTURE
U.S. Army Corps to Narrow List of Emergency Projects by Next Week - The U.S. Army Corps of Engineers will complete as soon as next week its revised list of energy projects that could be fast-tracked under President Donald Trump's declaration of a national energy emergency, a U.S. Army Corps official told Reuters. In February, the Army Corps posted a list of more than 600 projects requiring faster environmental approvals, but then quickly removed the list from its website to give the agency more time to vet projects. (Reuters)
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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
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).
LNG
Delfin LNG, Germany's SEFE Sign 15-Year Supply Deal - Delfin LNG (Houston, Texas) and German company Securing Energy For Europe (SEFE) (Berlin) have signed a 15-year agreement for 1.5 million tons of U.S. liquefied natural gas (LNG) per year, the companies said on Tuesday. Under the agreement, LNG would be exported from floating LNG (vessels that Delfin wants to deploy off Cameron Parish, Louisiana, Delfin said in a press release. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project report. (Reuters)
Shell Raises LNG Sales Target - Shell plc (NYSE:SHEL) (London, England), the world's biggest LNG trader, said it is targeting a 4-5% annual increase in LNG sales over the next five years and 1% annual production growth. Finance Chief Sinead Gorman said on a conference call that the LNG sales target would be underpinned by Shell's own production and volumes from other producers. Shell estimates global demand for LNG to rise by about 60% by 2040, driven by economic growth in Asia, the impact of artificial intelligence and efforts to cut emissions in heavy industries and transportation. The company produced 29 million metric tons of LNG and sold 66 million tons in 2024. (Reuters)
ENERGY & INFRASTRUCTURE
U.S. Army Corps to Narrow List of Emergency Projects by Next Week - The U.S. Army Corps of Engineers will complete as soon as next week its revised list of energy projects that could be fast-tracked under President Donald Trump's declaration of a national energy emergency, a U.S. Army Corps official told Reuters. In February, the Army Corps posted a list of more than 600 projects requiring faster environmental approvals, but then quickly removed the list from its website to give the agency more time to vet projects. (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
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).
