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Released October 28, 2025 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

POWER
U.S. Allows Oil-Fired Power Plant to Run Above Capacity for Rest of Year
- U.S. Energy Secretary Chris Wright on Friday issued an order that allows part of Talen's (Houston, Texas) oil-fired Wagner power plant in Maryland to run above limits through the end of 2025, saying it would boost the reliability of the grid. In July, Wright granted a request by the PJM Interconnection regional grid manager to allow the nearly 400-megawatt unit to run above limits. It was one of several units at Wagner that had been set to shut permanently in May before federal energy regulators approved keeping it open until 2029. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here for the plant profile. (Reuters)

LNG
TotalEnergies Says Mozambique LNG Project Costs Up US$4.5 Billion
- TotalEnergies (Courbevoie, France) has told Mozambique that the costs of its liquefied natural gas (LNG) project in the country have risen by US$4.5 billion in the four years it was on hold, and it wants its production agreement extended by a decade, a letter from its chief executive showed. The French oil major had confirmed on Saturday that together with its partners it had decided to lift force majeure on the project, which was halted in 2021 by an Islamist militant attack and was previously estimated to cost US$20 billion. Subscribers to Industrial Info's GMI Project Database can learn more by viewing the related project reports. (Reuters)

RUSSIA
Russia's Lukoil to Sell International Assets Due to Western Sanctions
- Russia's second-largest oil producer, Lukoil (Moscow), said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The planned sale of the assets is the most consequential action so far by a Russian company in the wake of Western sanctions over Russia's war in Ukraine, which started in February 2022. (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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