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Released November 05, 2024 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

LNG
Glenfarne Chooses Kiewit to Construct Texas LNG Plant
- U.S. energy company Glenfarne Group LLC (New York, New York) said on Monday it had selected construction contractor Kiewit Corporation (Lenexa, Kansas) to build its proposed Texas LNG liquefied natural gas (LNG) export terminal in Brownsville, Texas. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports. (Pipeline & Gas Journal)

Sinopec Signs 15-Year LNG Agreement with TotalEnergies - China's state oil and gas major Sinopec Corporation (Beijing) said on Monday it has signed an agreement to buy 2 million metric tons of LNG a year from TotalEnergies SE (NYSE:TTE) (Courbevoie, France) for 15 years starting in 2028. (Reuters)

PRODUCTION
OPEC+ to Delay December Output Hike by One Month
- The Organization of the Petroleum Exporting Countries plus Russia and allies (OPEC+) has agreed to delay a planned December oil output increase by one month. OPEC+ was scheduled to raise output by 180,000 barrels per day in December. It had already delayed the increase from October because of falling prices. (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).

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