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Released February 19, 2025 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

HYDROGEN
TotalEnergies, Air Liquide to Invest 1 Billion Euros in Green Hydrogen
- French oil major TotalEnergies SE (NYSE:TTE) (Courbevoie, France) will develop two green hydrogen projects with industrial gases company Air Liquide (Paris, France), aiming to help decarbonize TotalEnergies' Dutch and Belgian refineries, they said on Tuesday. The two projects to build electrolyzers represent a combined investment of more than 1 billion euros (US$1.1 billion) and will cut carbon-dioxide emissions from TotalEnergies' refineries by up to 450,000 metric tons annually, the companies said in a statement. (Reuters)

CRUDE OIL
U.S. Emerges as India's Fifth-Largest Oil Supplier
- India's oil imports from the U.S. rose sharply in January from December, turning Washington into the fifth largest oil supplier to New Delhi, data obtained from trade sources show. India shipped in 218,400 barrels per day (BBL/d) of oil from the U.S. compared to 70,600 BBL/d in December, the data showed. Refiners in India, the world's third-biggest oil importer and consumer, are bracing for higher imports of energy from Washington, as New Delhi looks to boost its energy purchases from the U.S. to US$25 billion from US$15 billion last year. (Reuters)

POWER
Acciona Energia Erects All Turbines at Alberta Windfarm
- Spanish renewables company Acciona Energia (Alcobendas, Spain) said on Thursday it has finalized the installation of all wind turbines at its 280-megawatt Forty Mile windfarm in Alberta, Canada. 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).

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