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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
MPLX to Focus Capex Mostly on Natural Gas, NGL Infrastructure - Pipeline operator MPLX LP (NYSE:MPLX) (Findlay, Ohio) plans to spend $1.7 billion on growth projects in 2025, with 85% focused on natural gas and natural gas liquids (NGL) infrastructure. The company reported net income of $1.13 billion for the first quarter of 2025, up from $1.0 billion a year earlier. (Reuters)
PRODUCTION
Offshore Company LLOG Expects Salamanca Production in August - Privately owned offshore producer LLOG Exploration (Covington, Louisiana) said it expects production from its Salamanca project in August this year. The Salamanca project seeks to refurbish a former Gulf of Mexico (renamed by the Trump administration the Gulf of America) production facility into a floating production unit with a capacity of 60,000 barrels per day of oil and 40 million cubic feet of natural gas per day. It was previously expected to start production in mid-2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)
POWER
EIA: U.S. Power Use to Rise to New Highs in 2025, 2026 - U.S. power consumption will hit record highs in 2025 and 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday. The EIA projected power demand will rise to 4,205 billion kilowatt-hours (kWh) in 2025 and 4,252 billion kWh in 2026, from a record 4,097 billion kWh in 2024. The EIA said natural gas' share of power generation would slide from 42% in 2024 to 40% in 2025 and 2026. Coal's share will hold at 16% in 2025, the same as 2024, before easing to 15% in 2026, as renewable output rises. (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).
PIPELINES
MPLX to Focus Capex Mostly on Natural Gas, NGL Infrastructure - Pipeline operator MPLX LP (NYSE:MPLX) (Findlay, Ohio) plans to spend $1.7 billion on growth projects in 2025, with 85% focused on natural gas and natural gas liquids (NGL) infrastructure. The company reported net income of $1.13 billion for the first quarter of 2025, up from $1.0 billion a year earlier. (Reuters)
PRODUCTION
Offshore Company LLOG Expects Salamanca Production in August - Privately owned offshore producer LLOG Exploration (Covington, Louisiana) said it expects production from its Salamanca project in August this year. The Salamanca project seeks to refurbish a former Gulf of Mexico (renamed by the Trump administration the Gulf of America) production facility into a floating production unit with a capacity of 60,000 barrels per day of oil and 40 million cubic feet of natural gas per day. It was previously expected to start production in mid-2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)
POWER
EIA: U.S. Power Use to Rise to New Highs in 2025, 2026 - U.S. power consumption will hit record highs in 2025 and 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday. The EIA projected power demand will rise to 4,205 billion kilowatt-hours (kWh) in 2025 and 4,252 billion kWh in 2026, from a record 4,097 billion kWh in 2024. The EIA said natural gas' share of power generation would slide from 42% in 2024 to 40% in 2025 and 2026. Coal's share will hold at 16% in 2025, the same as 2024, before easing to 15% in 2026, as renewable output rises. (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).
