NextDecade, Equinor Discovery, Reviving Keystone XL: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

LNG
NextDecade Expects First Production from Rio Grande LNG Facility in 2027 - U.S liquefied natural gas (LNG) producer NextDecade said on Monday it expects the first LNG production from its first liquefaction train at its Rio Grande facility in Texas in the first half of 2027. "There is ⁠sufficient space at the Rio Grande LNG Facility site for up to 10 liquefaction trains," the ⁠company said in a statement. As of January 2026, project completion for Trains 1 and ⁠2 at the facility had reached 64.5%, the company said. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)

PRODUCTION
Equinor Makes North Sea Oil Discovery - Norway's Equinor and its partners have discovered oil near the Snorre field in the North Sea and plan a "rapid and cost-effective" development of the new reserves, the state-controlled operator said on Monday. Preliminary estimates put the size of the discovery, known as "Omega South Alfa," at between 25 million and 89 million barrels of recoverable oil equivalent, Norway's Offshore Directorate said separately. (Reuters)

PIPELINES
Southbow Looks at Reviving Keystone XL Pipeline - A proposal led by Canadian company South Bow to revive parts of the cancelled Keystone XL oil pipeline could increase Canada's crude exports to the U.S. by more than 12%, if it gets a green light from U.S. President Donald Trump and additional links to U.S. refining hubs are built. The new proposal involves a different route through the U.S. than the previous Keystone XL pipeline project cancelled by former U.S. President Joe Biden in 2021. (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 Resources
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).