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Released June 18, 2025 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
CORPORATE
Keyera to Buy Plains' Canadian NGL Assets for US$3.77 Billion - Keyera Corporation (Calgary, Alberta) said on Tuesday it has entered into a definitive agreement to buy "substantially all" of Plains All American Pipeline LP's (Houston, Texas) Canadian natural gas liquids (NGL) business, plus select U.S. assets, for C$5.15 billion (US$3.77 billion) in cash. Keyera said the acquired assets include NGL extraction, fractionation, storage, as well as rail and truck terminals located across Alberta, Saskatchewan, Manitoba and Ontario. (Reuters)
EUROPE
EU Proposes Ban on Russian Gas Imports by End of 2027 - The European Commission on Tuesday proposed a legally binding ban on European Union (EU) imports of Russian gas and liquefied natural gas (LNG) by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier, made after Moscow's 2022 invasion of Ukraine. Hungary and Slovakia, which still import Russian gas via pipeline and have opposed the EU plans, would have until January 1, 2028, to end their imports, including those on short-term contracts. (Reuters)
POWER
Invenergy Breaks Ground on Ohio Solar Plant - Invenergy LLC (Chicago, Illinois) has started building a 240-megawatt solar farm in Ohio. The Pleasant Prairie Solar Energy Center will be installed in Galloway, Franklin County, and is expected to be commissioned in early 2027, Invenergy said on Thursday. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
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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).
CORPORATE
Keyera to Buy Plains' Canadian NGL Assets for US$3.77 Billion - Keyera Corporation (Calgary, Alberta) said on Tuesday it has entered into a definitive agreement to buy "substantially all" of Plains All American Pipeline LP's (Houston, Texas) Canadian natural gas liquids (NGL) business, plus select U.S. assets, for C$5.15 billion (US$3.77 billion) in cash. Keyera said the acquired assets include NGL extraction, fractionation, storage, as well as rail and truck terminals located across Alberta, Saskatchewan, Manitoba and Ontario. (Reuters)
EUROPE
EU Proposes Ban on Russian Gas Imports by End of 2027 - The European Commission on Tuesday proposed a legally binding ban on European Union (EU) imports of Russian gas and liquefied natural gas (LNG) by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier, made after Moscow's 2022 invasion of Ukraine. Hungary and Slovakia, which still import Russian gas via pipeline and have opposed the EU plans, would have until January 1, 2028, to end their imports, including those on short-term contracts. (Reuters)
POWER
Invenergy Breaks Ground on Ohio Solar Plant - Invenergy LLC (Chicago, Illinois) has started building a 240-megawatt solar farm in Ohio. The Pleasant Prairie Solar Energy Center will be installed in Galloway, Franklin County, and is expected to be commissioned in early 2027, Invenergy said on Thursday. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
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).
