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Released on Wednesday, October 01, 2025

Metals & Minerals

U.S. Coal Auctions, LNG Canada, Avangrid Solar Farm: Your Daily Energy News

Scan through a selection of energy-related news highlights that we think will interest our clients.

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

COAL
White House to Hold Coal-Mining Auctions
- The Trump administration is auctioning off coal leases on federal lands in four U.S. states. The competitive sales kicked off Tuesday with the offer of two leases in Tuscaloosa County, Alabama, for the right to mine underneath a combined 14,050 acres of private land containing an estimated 53 million tons of metallurgical coal used in steelmaking. On October 6, the U.S. Bureau of Land Management will offer 1,262 acres in Montana with an expected 167.5 million tons of recoverable coal. Two days later it will auction 3,508 acres in Wyoming with an estimated 365 million tons of recoverable coal. (Reuters)

CORPORATE
MidOcean Buys into Petronas' LNG Canada Stake
- Liquefied natural gas company MidOcean (New York, New York), backed by EIG (Washington, D.C.) and Saudi Aramco (Dhahran, Saudi Arabia), has agreed to buy a fifth of the Petronas (Kuala Lumpur, Malaysia) venture that holds a 25% stake in Shell (London, England)-led LNG Canada (Kitimat, British Columbia), MidOcean said on Tuesday. The deal also includes a fifth of Malaysian state energy group Petronas's Canadian upstream assets in the Montney shale gas region that feeds into LNG Canada. MidOcean declined to comment on the price of the transaction, but a person familiar with the situation put it at a little more than US$3 billion. (Reuters)

POWER
Avangrid Begins Panel Installation at Oregon Solar Farm
- Avangrid Incorporated (Orange, Connecticut) has started solar panel installation at its 120-megawatt Tower solar park near Boardman, Oregon. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Street Insider)

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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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