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Monday, December 8, 2025
Economic Indicators

2Q 2025 3rd Est.

GDP
3.8%

November 2025

ISM
48.2%

September 2025

Unemployment Rate
4.4%

August 2025

New Orders
1.4%

September 2025

Industrial Production
0.1%

September 2025

Capacity Utilization
77.4%

Today's Headlines

Daily News Cast

Featured Story

Trump Administration Seeks to Nearly Halve Vehicle Mileage Efficiency Standards

Flanked by about 18 lawmakers, automobile representatives and members of his administration, President Donald Trump on December 3 said his administration was reducing vehicle efficiency standards "to lower costs for American consumers, protect American auto jobs and make buying a car more affordable for countless American families."

By Eric Funderburk, Promotions & Advertising Specialist

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Codelco, Glencore to Build Smelter in Chile

Codelco and Glencore are partnering to construct a new 1.5 million-ton (MT) smelter in Chile. Construction could begin by 2030, with operations starting between 2032 and 2033..

By Eric Funderburk, Promotions & Advertising Specialist

Argentina Expands Fertilizer Production

Pampa Energía plans to build a nitrogen fertilizer plant at the port of Bahía Blanca. The project is part of a broader effort to reduce Argentina's dependence on fertilizer imports.

By Mariana Soko, Chemical Processing Industry Manager - Latin America

Argentina amplía producción de fertilizantes

Hoy en día, Argentina se encuentra en una etapa en la cual apunta a disminuir la dependencia de la importación de fertilizantes. En este marco, la empresa Pampa Energía, cuyo principal foco de operaciones ha sido históricamente la generación de energía eléctrica, dio un paso hacia el sector químico y se encuentra desarrollando un plan para la construcción de una planta de fertilizantes nitrogenados en el puerto de Bahía Blanca.

By Brian Ford, Editor-in-Chief

U.S. Gas-Fired Power Plants Prep for Maintenance Outages

Industrial Info is tracking more than 120 maintenance-related projects at natural gas-fired power plants across the U.S. that are slated to begin in the first quarter of 2026, about half of which are in the South.

By William Ploch, Assistant Editor-in-Chief

News by Industry

Featured Story

EU Decides on No More Russian Gas

The European Commission said it was finally ready to abandon what it said was an unreliable supplier in deciding to do away with Russian-supplied natural gas.

By Daniel Levin, Assistant Editor

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Changing Fuel Economy Standards, EU Gas Imports, Aramco: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

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Argentina's Southern Energy Signs LNG Export Deal

By Daniel Levin, Assistant Editor

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Asia's Pulp & Paper Sector Investing Heavily

By Eric Funderburk, Promotions & Advertising Specialist

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El gobierno brasileño anuncia dos subastas de transmisión de energía para 2026 por un valor superior a 25 mil millones de reales

By Brian Ford, Editor-in-Chief

Featured Story

Colombia's Ecopetrol Plans to Invest Up to US$7 Billion in 2026

Ecopetrol expects to invest between US$5.7 billion and US$7 billion next year, with roughly 70% of the funds allocated to its hydrocarbon segment and the remaining 30% to its electricity segment. Its renewable energy business will only receive 3% of the funds.

By Daniel Levin, Assistant Editor

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Delegates Unable to Advance Fossil Fuel Phase-Out at U.N. Climate Summit

By Brian Ford, Editor-in-Chief

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Belarus Opts for New Nuclear Power Unit

By Martin Lynch, European News Editor

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U.K.'s First SMR Plant Goes to Wales

By Martin Lynch, European News Editor

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Seasonal Issues, Low Oil Prices, Curb North Dakota Production

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Europe Agrees on Weaker 2040 Climate Goal

A new binding climate target for the European Union (EU) for 2040 has been voted through despite efforts by the far-right to quash it.

By Martin Lynch, European News Editor

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  • BP Delays Unit Closure at Main Germany Refinery

    U.K. oil major BP plc (London, England) has delayed the the planned permanent closure of a 70,000 barrel per day (BBL/d) Crude Distillation Unit and a 40,000 BBL/d Vacuum Distillation Unit at its largest German refinery, the 140,000 BBL/d Gelsenkirchen Scholven..

    By Martin Lynch, European News Editor

  • ExxonMobil Threatens to Quit Europe over EU Law

    Exxon Mobil Corporation (Spring, Texas) has warned that it will be forced to stop doing business in the European Union (EU) if it does not make changes to one of its most contentious sustainability laws..

    By Martin Lynch, European News Editor

  • Exploration & Production Efforts Lead Petrobras' Capital Spending

    Petrobras' capital investments in Q3 totaled US$5.5 billion, with exploration and production projects accounting for 84.8% of the total..

    By Eric Funderburk, Promotions & Advertising Specialist

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Swiss Trader Gunvor Backs Off Deal to Buy Lukoil Assets

By Brian Ford, Editor-in-Chief

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IIR's November 3 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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Canada Touts Clean Energy During G7 Meeting in Toronto

By Eric Funderburk, Promotions & Advertising Specialist

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P66 Refinery Profit Takes a Hit Amid West Coast Market Squeeze

By Brian Ford, Editor-in-Chief

Featured Story

Canadian Oil Exports to U.S. Up Year-on-Year

Even though political ties between the United States and Canada are deteriorating, federal Canadian data show crude oil exports to U.S. refinery centers have increased every year since at least 2015.

By Eric Funderburk, Promotions & Advertising Specialist

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New York Issues Key Permit for Previously Shunned Gas Pipeline

By Eric Funderburk, Promotions & Advertising Specialist

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Canada's Enbridge Furthers Investment in Diverse North American Portfolio

By Daniel Levin, Assistant Editor

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Alberta Carried Energy Message to ADIPEC

By Daniel Levin, Assistant Editor

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Record U.S. Gas Production, U.S. Rig Count: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

ExxonMobil Shutting Scottish Ethylene Operations

Exxon Mobil Corporation (Spring, Texas) is to shut its Fife Ethylene Plant (FEP) at Mossmorran in Scotland with the loss of up to 400 jobs.

By Martin Lynch, European News Editor

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Australia Hits GO For Guarantee of Origin Scheme

By Martin Lynch, European News Editor

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Germany Outlines $7 Billion Hydrogen Plan for 2026

By Martin Lynch, European News Editor

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Procter & Gamble Stays Upbeat Amid Tariffs, Rising Prices

By William Ploch, Assistant Editor-in-Chief

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Dow Upbeat on Chemical Capacity Additions, Despite Slow Market

By William Ploch, Assistant Editor-in-Chief

Featured Story

Port Houston Sees Robust Cargo Activity

Port Houston's October container volumes were up both for the month and year-over-year, which comes as the port is investing to expand import and export cargo capacity.

By Daniel Levin, Assistant Editor

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Google Makes Power Arrangements for Arkansas, Ohio Data Operations

By Eric Funderburk, Promotions & Advertising Specialist

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More U.S. Solar Power Coming, with Fewer Delays

By Eric Funderburk, Promotions & Advertising Specialist

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Utility PPL Makes Moves to Meet Data Center Power Demand in Kentucky, Pennsylvania

By Eric Funderburk, Promotions & Advertising Specialist

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The $90 Billion Question: Supreme Court Hears Oral Arguments in Trump Tariffs Case

By Brian Ford, Editor-in-Chief

Featured Story

IIR's November 17 Market Scorecard Brings You Breaking Geopolitical News

Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies

By Daniel Levin, Assistant Editor

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Vietnam Aims to Produce More Bio-Ethanol

By Ralph Diasanta, Research Specialist

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IIR's October 27 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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Canadian Energy Policy Seems Divided

By William Ploch, Assistant Editor-in-Chief

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Construction Firm Webcor Gains Ground in High-Tech Sectors with GCON Purchase

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Avoiding Russian Oil Sanctions, Indian Refiners Buy 4 Million Barrels from Guyana

With the introduction of U.S. sanctions on Russia's top oil exporters, Rosneft PJSC (Moscow) and Lukoil PJSC (Moscow), many nations are scrambling to find other suppliers. India, as a major world importer, is going to great lengths, literally, to do that

By Eric Funderburk, Promotions & Advertising Specialist

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Canada Brings Trade Message Overseas

By Eric Funderburk, Promotions & Advertising Specialist

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Baytex Leaves U.S. as Eagle Ford Proves Too Costly

By William Ploch, Assistant Editor-in-Chief

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Vaca Muerta Dominates YPF's 3Q Results with Solid Shale Numbers

By William Ploch, Assistant Editor-in-Chief

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Price Increases, Derivative Gains Boost Earnings for Independent Gas Producers

By William Ploch, Assistant Editor-in-Chief

Industry Shorts


News by Geography

North America
U.S. Primed for $11 Billion in Gas-Fired Power Gen Projects

Industrial Info is tracking more than $11 billion worth of active and proposed projects for U.S.-based gas-fired power plants that are set to kick off in the first quarter of 202

By William Ploch, Assistant Editor-in-Chief


Canada Expecting Upstream Drilling Increase in 2026

By Daniel Levin, Assistant Editor

Gas Demand Rises on U.S. Winter Storm Activity

By William Ploch, Assistant Editor-in-Chief

Latin America
La industria del acero latinoamericana está preocupada por el dumping de las exportaciones chinas, que aumentaron un 233%

Las importaciones latinoamericanas de acero chino, impulsadas por fuertes subsidios a la industria, están perjudicando la rentabilidad del sector

By Brian Ford, Editor-in-Chief


Latin American Steel Industry Decries China's Export Dumping

By William Ploch, Assistant Editor-in-Chief

Europe
Shell Drops Two Major U.K. Offshore Wind Projects

Shell plc's (London, England)scaling down of renewable energy investment continues with the company's decision to abandon two of the world's largest planned floating offshore wind projects in Scotland.

By Martin Lynch, European News Editor


Blackstone Power Investment, U.K. SMR Site: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

Poland Speeds Up Coal Mining Exit

By Martin Lynch, European News Editor


Africa
Indonesia Accelerates Waste-to-Energy Development

The Indonesian government is working to accelerate the rollout of waste-to-energy projects

By Maria Estrella, IIR Writing Staff


Cheniere Energy, ExxonMobil, Xcel Energy: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

Asia
Malaysia's Petronas Secures Canadian LNG

Malaysian energy company Petronas secured a 20-year offtake agreement from the Cedar LNG facility in Canada

By Brian Ford, Editor-in-Chief


Data Center, Defense, Renewable Developers Cheer U.S.-China Deal

By William Ploch, Assistant Editor-in-Chief

Oceania
Australia: Renewables Overtake Fossil-Fuel Power For First Time

Australia's renewable energy sector produced more power than coal and gas sources for the first time in October, marking a pivotal shift in the country's power mix.

By Martin Lynch, European News Editor


Delfin LNG, Woodside Energy, U.S. Oil Stocks: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

Iberdrola Seeks Permit for 3 GW Australian Offshore Windfarm

By Martin Lynch, European News Editor


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