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Friday, December 19, 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

Canadian Energy Sector Mood Up, U.S. Down

Canadian energy companies seem keen on expanding production next year, despite lower crude oil prices and other economic headwinds. Their U.S. counterparts feel differently.

By Daniel Levin, Assistant Editor

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Canadian Natural Resources Outlines Plan to Grow Oil & Gas Production, Drilling

Industrial Info is tracking more than US$30 billion worth of active and proposed projects from CNRL, about 40% of which is attributed to projects set to begin construction in 2026..

By William Ploch, Assistant Editor-in-Chief

Phillips 66 Boosts 2026 Capex to $2.4 Billion, Focusing on NGLs, Refining

Philips 66 has approved a $2.4 billion capital budget for 2026, which is slightly above this year's forecast, with growth spending geared toward the company's midstream natural gas liquids network and high-return refining projects..

By Daniel Levin, Assistant Editor

Mining Industry: Pursue ESG Goals, Drop the Acronym

Over seven in 10 executives globally who work in and around mining believe ESG is an overused term, but that same percentage--72%--believe the acronym's constituent elements of environment, social and governance are essential to the industry's future..

By Brian Ford, Editor-in-Chief

Warmup Gives U.S. Gas Pressures a Break

Milder weather has curbed the appetite for natural gas following a bout of sub-freezing temperatures, though production is down..

By Eric Funderburk, Promotions & Advertising Specialist

News by Industry

Featured Story

Line 5 Pipeline, Canada Emissions Targets, Russia Sanction Waiver: Your Daily Energy News

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

By Eric Funderburk, Promotions & Advertising Specialist

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As Global Refining Slows, Producers Look to Petrochemicals

By William Ploch, Assistant Editor-in-Chief

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Maryland Invites Bids for Offshore Wind Project, but Will Anyone Bite?

By Eric Funderburk, Promotions & Advertising Specialist

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Canada's LNG Gets Further Support

By William Ploch, Assistant Editor-in-Chief

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U.S. Gulf Buoyed After Recent Lease Sale

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Santee Cooper Advances Potential Restart of Nuclear Project, Reactor Sale

After Santee Cooper picked Brookfield Asset Management to revive construction of two partially built nuclear units next to the V.C. Summer Plant in South Carolina, the state-owned utility approved a memorandum of understanding that establishes a feasibility study for completing the project.

By Daniel Levin, Assistant Editor

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  • El gobierno argentino recibe ofertas por más de US$700 millones por la privatización del sistema hidroeléctrico del COMAHUE

    El pasado viernes 28 de noviembre la Secretaría de Energía de Argentina realizó la apertura de ofertas económicas del proceso de licitación pública iniciado en agosto pasado para la venta del 100% del paquete accionario de las empresas públicas Alicurá Hidroeléctrica Argentina S.A., El Chocón Hidroeléctrica Argentina S.A., Cerros Colorados Hidroeléctrica Argentina S.A. y Piedra del Águila Hidroeléctrica Argentina S.A. Estas empresas contarán con la concesión de explotación por 30 años de las cinco hidroeléctricas que componen el complejo del COAMAHUE sobre los ríos Limay y Neuquén en las provincias de Neuquén y Río Negro..

    By Leonardo Pablo Aguirre, Power Industry Manager - Latin America

  • Green Light for U.K.'s Largest Floating Solar Project

    The largest planned floating solar power project in the U.K. has been granted planning permission..

    By Martin Lynch, European News Editor

  • Brazil Incorporates New Transmission Lines, Power Generation

    Brazil brought 3,646 km of new transmission lines into commercial operation between January and November and expects to add 7.1 GW of new power generation this year..

    By Daniel Levin, Assistant Editor

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Southwest Power Pool Set for Faster Power Expansions

By William Ploch, Assistant Editor-in-Chief

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Jobs, Nuclear Energy Bolstered in Canada

By Daniel Levin, Assistant Editor

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Argentina Receives More than US$700 Million in Bids to Privatize COMAHUE Hydroelectric System

By Leonardo Pablo Aguirre, Power Industry Manager - Latin America

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IIR's December 8 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

Featured Story

HF Sinclair Seeks Westward Growth with Less Capital Spending

Industrial Info is tracking more than $1.5 billion worth of active and proposed projects from HF Sinclair, the bulk of which are at the Casper and Sinclair refineries in Wyoming.

By William Ploch, Assistant Editor-in-Chief

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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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After Offshore Proposal, USGS Reviews Inland California Reserves

By Brian Ford, Editor-in-Chief

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Europe Agrees on Weaker 2040 Climate Goal

By Martin Lynch, European News Editor

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BP Delays Unit Closure at Main Germany Refinery

By Martin Lynch, European News Editor

Featured Story

Chile's ENAP Signs Massive Deal to Buy Oil from Argentina's Vaca Muerta Region

Enap inked a deal to buy up to 70,000 barrels per day of crude oil from Argentina's Neuquen province that could be worth nearly US$12 billion.

By Brian Ford, Editor-in-Chief

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Canada Expecting Upstream Drilling Increase in 2026

By Daniel Levin, Assistant Editor

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'New' Oil Pipeline for Canada

By Eric Funderburk, Promotions & Advertising Specialist

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Record U.S. LNG Exports, Fast-Tracked MISO Projects, Targa Resources: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

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

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

ExxonMobil to Close Steam Cracker in Singapore by June

Southeast Asia's ethylene cracker plants are undergoing a major shift, with several plants either facing delayed start-up, extended shutdowns or closure.

By Ralph Diasanta, Research Specialist

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  • BP Drops One of U.K.'s Largest Hydrogen Projects

    Oil and gas major BP (London, England) has ditched plans to build one of the U.K.'s largest planned blue hydrogen projects due to an ongoing dispute over whether the site should be used for an artificial intelligence (AI) data center instead..

    By Martin Lynch, European News Editor

  • 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

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ExxonMobil Shutting Scottish Ethylene Operations

By Martin Lynch, European News Editor

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Thailand's AGC Vinythai Completes Chlor-Alkali and Vinyl Expansions

By Ralph Diasanta, Research Specialist

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Occidental Ups Oil & Gas Efforts as OxyChem Selloff Nears End

By William Ploch, Assistant Editor-in-Chief

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Air Products Returns Focus to Industrial Gases, Slashes Capex

By William Ploch, Assistant Editor-in-Chief

Featured Story

China's New Energy Vehicle Production Soars for Year Through October

Data released by the China Association of Automobile Manufacturers (CAAM) show the cumulative production of new energy (electric) vehicles (NEVs) in China reached 13.015 million units from January through October 2025, a year-over-year increase of 33.1%.

By Daniel Levin, Assistant Editor

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ISM: U.S. Manufacturing Activity Continues Contraction

By Daniel Levin, Assistant Editor

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Port Houston Sees Robust Cargo Activity

By Daniel Levin, Assistant Editor

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Arkansas Prepares to Implement Wind Power-Halting Legislation

By Eric Funderburk, Promotions & Advertising Specialist

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IIR's November 24 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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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Brazil's Atvos Announces Investments in Corn Ethanol and Biomethane

By Chester Conway, IIR Writing Staff

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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

Featured Story

U.S. Gulf Oil & Gas Lease Sale Planned for Wednesday

The Trump administration plans to hold its first lease sale under his signature spending bill on Wednesday, offering up nearly 80 million acres up for auction off the U.S. Gulf Coast.

By William Ploch, Assistant Editor-in-Chief

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  • Fluor Completes LNG Canada Phase 2

    Fluor announced Monday that it's completed the second liquefaction unit for the LNG Canada project in British Columbia, the only functioning North American facility of its kind.

    By William Ploch, Assistant Editor-in-Chief

  • Fewer Spills Off British Columbia

    Trade group and federal Canadian data show the amount of oil tanker traffic off the coast of British Columbia has increased steadily since the Trans Mountain Pipeline was expanded, though pollution is down..

    By William Ploch, Assistant Editor-in-Chief

  • More than Half of Chevron's Capex Set for U.S.

    U.S.-based supermajor Chevron said that about $10.5 billion, more than half of its planned budget for next year, would target operations in the domestic market.

    By William Ploch, Assistant Editor-in-Chief

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Kazakhstan Oil Exports Hobbled after Drone Strike

By William Ploch, Assistant Editor-in-Chief

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

By Eric Funderburk, Promotions & Advertising Specialist

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IIR's December 1 Market Scorecard Brings You Breaking Geopolitical News

By Daniel Levin, Assistant Editor

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Helmerich & Payne Eyes Growth in Global Drilling for Oil & Gas

By William Ploch, Assistant Editor-in-Chief

Industry Shorts


News by Geography

North America
U.S. Mulls Offshore Mineral Lease Sale

The U.S. government started the preliminary process for a mineral lease sale off the coast of Virginia.

By Brian Ford, Editor-in-Chief


U.S. Extends Operating License for TVA's Alabama Nuclear Plant

By Eric Funderburk, Promotions & Advertising Specialist

Latin America
Rio Tinto Targets 1 Million Tons Per Year of Copper Output

Rio Tinto plans to sell US$5 billion to $10 billion in assets from its portfolio as it targets annual copper output to 1 million tons by 2030.

By Brian Ford, Editor-in-Chief


Codelco, Glencore to Build Smelter in Chile

By Eric Funderburk, Promotions & Advertising Specialist

Europe
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


Norsk Hydro Building Largest Hydro Project in Decades

By Martin Lynch, European News Editor

Europe's Offshore Wind Auctions Come Under Fire

By Martin Lynch, European News Editor


Africa
Precious Metals in Focus: Platinum Group Metals at a Glance

Known for their resilience, value and outstanding catalytic properties, platinum group metals stand significant in today's era of clean energy and sustainability

By Sharun Anthony, Content Editor


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

By Eric Funderburk, Promotions & Advertising Specialist

Asia
Japan Closer to Restarting World's Largest Nuclear Power Plant

The world's largest nuclear power plant could be restarted in Japan as soon as next month, 14 years after it was forced to close by government decree.

By Martin Lynch, European News Editor


Woodside, Petrobras, U.S. Rig Count: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

NextDecade, Georgia Power, ADNOC: Your Daily Energy News

By Eric Funderburk, Promotions & Advertising Specialist

Oceania
Rio Tinto Changes Direction on Green Iron

Global mining and metals company Rio Tinto (London, England) has stopped working on its own branded low-carbon ironmaking product 'BioIron' and instead is teaming up with Australian environmental technology company Calix (Pymble) to make green iron using electric heating and hydrogen reduction.

By Martin Lynch, European News Editor


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

By Eric Funderburk, Promotions & Advertising Specialist


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