IIR News Intelligence | Industrial Info Resources

Economic Indicators

3Q 2025 (Updated)

GDP

4.4%

January 2025

ISM

52.6%

December 2025

Unemployment Rate

4.4%

October 2025

New Orders

-1.3%

December 2025

Industrial Production

0.4%

December 2025

Capacity Utilization

76.3%

Today's Headlines

Daily News Cast

Featured Story

IIR North American Outlook: Data Center Buildout Set for Years to Come

Industrial Info sees a multi-year buildout of data centers and AI facilities.

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Suncor Eyes Oil-Production Growth as it Cuts Capital Spending
Suncor isn't letting a tough atmosphere for crude oil keep it from expanding production. The oil sands operator has several projects in the works that will boost upstream and sustain downstream output.

By William Ploch, Assistant Editor-in-Chief
Industrial Info: Global BESS Projects Top $1.28 Trillion
The development of battery electric storage systems (BESS) is surging worldwide, as BESS is at least a partial remedy for the intermittency of renewable energy sources.

By Brian Ford, Editor-in-Chief
Texas Relies on Solar, Dallas Fed Says
Tax credits for renewable energy are expiring, and U.S. political support is squarely behind fossil fuels. The Federal Reserve Bank of Dallas said that solar still shines in Texas, however.

By William Ploch, Assistant Editor-in-Chief
LG Energy Solution Signs Energy Storage Supply Agreement
As it aims to be a major player in the growing energy-storage market, LG Energy Solution signed a multi-year agreement to supply battery energy storage systems for utility-scale projects in the U.S.

By Daniel Levin, Assistant Editor
Orion Critical Mineral Signs MoU with Glencore to Acquire 40% Stake in DRC Copper Mines
The U.S. government seeks to secure a supply of critical minerals through the Orion-Glencore MoU in the DRC.

By Eric Funderburk, Promotions & Advertising Specialist

Petronas LNG Deal, Equinor U.S. NatGas Sales, Pemex Cuba Oil Shipments: Your Daily Energy News

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

China's Hutchison Launches Arbitration Against Panama Over Port Contract Cancellations

Panama's Supreme Court cancels Hutchinson's contract to operate the Balboa and Cristobal ports in the Panama Canal, triggering an international arbitration and raising tensions between Washington and Beijing..

Pemex's Dos Bocas Refinery Moves Toward Full Operations

Pemex's Dos Bocas (Olmeca) Refinery in Tabasco, Mexico, is one of the most strategically important assets within Pemex's refining system, but it has faced several operational and reliability challenges typical of the early ramp-up phase, which have shaped its operational stabilization curve..

CMPC Launches Mega Pulp Mill Project

CMPC is moving ahead with a major investment to build a new pulp mill in Barra do Ribeiro, in Brazil's Rio Grande do Sul state.

News by Industry

Featured Story

Pemex Refineria Dos Bocas Avanza Hacia la Consolidación Operativa

La Refinería de Dos Bocas (Olmeca), propiedad de la estatal Pemex, ubicada en el estado de Tabasco, México, es uno de los activos estratégicos más relevantes del sistema de refinación de la Compañía.

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Siemens, GE Vernova Increase U.S. Investment to Meet Gas Turbine, Power Demand
Siemens and GE Vernova are both planning U.S. investment to meet demand for gas turbines as well as grid solutions..

By Daniel Levin, Assistant Editor
Brookfield Upbeat on U.S. Odds for Renewable, Nuclear Growth
Brookfield Renewable continues to develop wind and solar projects across the U.S., while its parent company is taking a bigger role in nuclear-energy development..

By William Ploch, Assistant Editor-in-Chief
Venezuelan Refinery Capacity at 750,000 BBL/d
Internal data show Venezuela can process about what OPEC sources said the nation was producing in December. Various reports suggest export capacity is on the rise..

By William Ploch, Assistant Editor-in-Chief

Permian Gas Production to Increase

Canada's Eldorado Gold to Buy Foran, Expanding Copper Holdings

New U.S. Oil Export Facility License, Marathon's Venezuelan Crude Purchases: Your Daily Energy News

Antofagasta Misses 2025 Copper Guidance

Featured Story

Tunisia Plans 2.3 GW of Wind and Solar Tenders in 2026

Tunisia has approved plans to tender more than 2.3 gigawatts (GW) of renewable energy capacity in 2026, marking a significant step in accelerating its clean energy transition and reducing reliance on imported fossil fuels.

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European Nations Back 'World's Largest Energy Hub'
European leaders and energy ministers have committed to cooperating on the creation of what they called the world's largest energy hub in the North Sea based around the rollout of more affordable and secure offshore wind and hydrogen..

By Martin Lynch, European News Editor
Senators on Permitting Reform: Time to Put Away Swords
There is growing support in the U.S. Senate, and among a wide range of stakeholder groups, for federal permitting reform that is bipartisan and technology-neutral..

By Brian Ford, Editor-in-Chief
U.S.' Rising Share of Europe's LNG, Golden Pass LNG, PJM Power Demand: Your Daily Energy News
Scan through a selection of energy-related news highlights that we think will interest our readers..

By Eric Funderburk, Promotions & Advertising Specialist

New Winter Storm Targets Southeast With Snow, Cold and Wind

Google, NVIDIA Invest in Redwood Materials to Support Energy Storage

Japan Suspends Nuclear Restart After Alarm Sounds

Baker Hughes Looks to Power Systems, LNG for Business in 2026

Featured Story

U.S. Treasury Eases Sanctions on Venezuela

Sanctions are easing on Venezuela as U.S. President Donald Trump tries to revive the energy sector in the OPEC founder. Billions of dollars and decades' worth of commitments are needed for a recovery.

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Big Slump Expected in North Sea Oil & Gas Investment
Oil and gas investment in the U.K. North Sea is expected to drop sharply in 2026 to below US$3.5 billion, its lowest real terms level since the 1970s..

By Martin Lynch, European News Editor
U.S. Natural Gas Rebounding Post-Fern
Cold winter weather caused widespread curtailments across the U.S. natural gas sector but the situation was returning to normal by the end of the week..

By Brian Ford, Editor-in-Chief
TotalEnergies, Petronas, Reliance Industries Limited: Your Daily Energy News
Scan through a selection of energy-related news highlights that we think will interest our readers..

By Eric Funderburk, Promotions & Advertising Specialist

Woodside Claims Progress on Louisiana LNG

House Democrats Warn Oil Companies of Venezuelan Risks

IMF Says Canada Would Get Stimulus through Integration

Constitution Pipeline Headwinds, Recovering U.S. Oil & Gas Production: Your Daily Energy News

Featured Story

Commonwealth LNG Sales Agreement, Indonesia Biodiesel Mandates, BP: Your Daily Energy News

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

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IIR's January 5 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
IIR's December 29 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
IIR's December 22 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

Brazil's Transportation Sector Energy Demand Could Reach 836 Million Barrels in 2035

Europe 'Turning Off the Tap on Russian Gas'

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

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

Featured Story

Retail Gasoline Proves Volatile Post-Fern

Retail gasoline prices were under pressure from the demand surge that came ahead of Winter Storm Fern. Volatility is likely at the pump given the outlook for lingering cold across North America.

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California Touts Clean Energy Amid Push for Offshore Drilling
California's governor criticized the Trump administration for abandoning U.N.-backed climate initiatives..

By Daniel Levin, Assistant Editor
Petrobras Runs Higher Refining Rates, Downstream Plans Emerge
Petrobras expects to continue growing its refining installed capacity through expansions and new projects..

By William Ploch, Assistant Editor-in-Chief
World Oil Surplus, U.S. Arctic Blast, Venture Global Prevails Again: 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

Funding Bump for Austria's Largest Green Hydrogen Project

Dangote Lekki Refinery Expansion Advances with $350 Million Construction Deal

Venezuelan Barrels Trickle in Amid U.S. Sale Claims

Venezuelan Barrels Point to Lower Crude Oil Prices

Featured Story

Mosaic Endures Rough 2025 for Phosphates, But Upbeat on 2026

Industrial Info is tracking more than $1.5 billion worth of active and proposed projects from Mosaic worldwide, about $1.1 billion of which is attributed to projects across the U.S. and Canada.

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Ube Corporation Announces Asian Restructuring
Ube Corporation's (Tokyo, Japan) "Vision for 2030" roadmap aims to shift focus from production of basic chemicals to specialty chemicals due to weak market conditions and oversupply..

By Ralph Diasanta, Research Specialist
Glenfarne Seeks Financing for Texas LNG Plant
Glenfarne has made sales agreements for about half of the LNG from its planned 4-MTPA Texas LNG plant in Brownsville, Texas. The company has reportedly begun seeking financing for the project..

By Eric Funderburk, Promotions & Advertising Specialist
TotalEnergies' Lebanon Permit, Norway's Declining Production, Shell's Revenue Declines: 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

Greater Houston Home to $15 Billion Worth of Projects Under Construction

U.S. Petrochemical Producers Plot Turnarounds Amid Weak Prices

Urenco USA Produces First Domestic Enriched Uranium Supply

SPEED Act Seeks to Streamline Permitting of Energy Assets

Featured Story

La producción de cobre de Glencore en 2025 se vio afectada por menores leyes en Chile y Perú

Glencore registró descensos interanuales en la producción de algunos de sus minerales, mientras que la producción de cobre cayó un 11 % debido a menores leyes en múltiples activos.

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What Does Mercosur-EU Trade Agreement Mean for South America
The Mercosur-EU deal will bring agricultural, mining and manufacturing opportunities to South American producers..

By Brian Ford, Editor-in-Chief
Glencore's 2025 Copper Output Hit by Lower Grades in Chile, Peru
Glencore recorded year-on-year declines across several commodities, while copper production dropped 11% due to lower grades at multiple assets..

By Eric Funderburk, Promotions & Advertising Specialist
¿Qué significa el acuerdo comercial Mercosur-UE para los países sudamericanos?
El acuerdo Mercosur-UE brindará oportunidades agrícolas, mineras y manufactureras a los productores sudamericanos..

By Brian Ford, Editor-in-Chief

Nucor Looks to Brighter 2026, Expects Steel Market Improvement

Steady Demand Leads to Modernizations, Expansions at North American Salt Mines

La producción de mineral de hierro, cobre y níquel de Vale superó su previsión para 2025 y los volúmenes de mineral de hierro de Rio Tinto en Pilbara

Vale's 2025 Key Metals Production Surpasses Guidance

Featured Story

IIR's January 12 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

Read the Article

U.S. to See New & Restarted Sawmills Coming Online in 2026
Despite an escalation in U.S. sawmill closures and consolidations, a few grassroot sawmills are set to come online in the U.S. in 2026, in addition to a restarted operation in Washington state..

By Eric Funderburk, Promotions & Advertising Specialist
ESG Projects Attract Pulp & Paper Investments
The Pulp & Paper Industry is reshaping itself in response to surging e-commerce growth and consumer demand for clean labelling and packaging..

By Sharun Anthony, Content Editor
IIR's December 15 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

ESG-Related Projects Advance Despite Trump's Agenda

Asia's Pulp & Paper Sector Investing Heavily

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

Economist: Tariffs Won't Cut Trade Deficit, Revive Manufacturing

Featured Story

U.S. Gears Up for Multiple Hatchery Projects

Projects at U.S. poultry hatcheries are gearing up for what could be a stronger year in regard to project activity than what was observed in 2025.

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Ovens On! Global Baked Goods Sector Attracts Investment
The global bakery products market is evolving due to rising consumer demand, developing lifestyles, and innovation across conventional and artisanal bakeries..

By Jennis Jacob, Content Editor
Deere Warns of Rough Ride Ahead for U.S., Canadian Ag Markets
Industrial Info is tracking about $600 million worth of active and proposed projects from Deere, as well as nearly $15 billion in active and proposed projects in the U.S. sector for agricultural products.

By William Ploch, Assistant Editor-in-Chief
Tyson's Nebraska, Texas Plant Reductions Show U.S. Beef Woes
Tyson has announced that it will close a major beef-processing plant in Nebraska and reduce shifts at another plant in Amarillo, Texas. The company cited low U.S. cattle supplies as its reason..

By Eric Funderburk, Promotions & Advertising Specialist

Wisconsin Pursues Multiple Dairy Projects

IIR's October 20 Market Scorecard Brings You Breaking Geopolitical News

To Be or Not to Be: Vertical Farming Stands at Crossroads

Alberta Pressing for North American Trade

Featured Story

Ford Picks Leader for New BESS-Manufacturing Unit

Ford has tapped Lisa Drake to head up its new BESS-manufacturing unit, which it announced in December.

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Corning Signs $6 Billion Deal to Supply Meta with Fiber-Optic Cable
As Meta Platforms builds out its network of data centers in the U.S., including two massive AI facilities in Ohio and Louisiana, the company has struck a deal with Corning, which will supply Meta with fiber optic cable..

By Eric Funderburk, Promotions & Advertising Specialist
Ireland Clears Way for Energy-Intensive Investment
The Irish government has approved a new energy plan to boost investment in energy intensive facilities including data centers, life sciences, semiconductors and Artificial Intelligence (AI)..

By Martin Lynch, European News Editor
New Energy/AI Ecosystem Takes Shape in Utah
A new energy ecosystem is taking shape in Utah, and a data center hyperscaler plans a multibillion-dollar investment to take advantage of the existing energy infrastructure..

By William Ploch, Assistant Editor-in-Chief

Morocco's Automotive Growth Shapes Africa's Industrial Future

Japan PM's Snap Elections Could Strengthen Her Energy Policy

Automakers Pull a Slow U-Turn on EVs

Chipmaker TSMC Projects 2026 Capex will Reach $52 Billion-$56 Billion

Featured Story

Shin Poong Pharmaceutical Invests in Ansan, Osong Plants

Shin Poong Pharmaceutical (Seoul, South Korea) is seeking to secure funding for a large-scale manufacturing investment at its Osong (Cheongju) and Ansan plants in South Korea.

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South Korea's Pharma-Biotech Companies to Invest US$10.7 Billion
Industrial Info is tracking 426 active pharmaceutical and biotech projects in South Korea with a total investment value of US$10.7 billion.

By Jihyun Park, Researcher
IIR's November 24 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
Eli Lilly Targets Netherlands with US$3 billion Investment
U.S. pharma major Eli Lilly and Company (Indianapolis, Indiana) has announced plans to spend US$3 billion to build an oral medicines manufacturing facility in Katwijk, Netherlands..

By Martin Lynch, European News Editor

Procter & Gamble Stays Upbeat Amid Tariffs, Rising Prices

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

Pharmaceutical Majors Plan U.S. Manufacturing Investment Amid White House Push

Merck Ditches $1 Billion London R&D Project

Industry Shorts

News by Geography

North America

Devon-Coterra $58 Billion Tie-up Targets Large Inventory of Sub-$40 Wells

Devon Energy and Coterra Energy announced that they would join forces as a combined Houston-based company in a deal that values the combined enterprise at $58 billion.

LyondellBasell Looks to Brighter Petrochemicals Market in 2026

ISM: U.S. Manufacturing Activity Rises to Highest Level Since 2022

Latin America

Freeport-McMoRan Boosts 2026, 2027 Capex, Advancing Copper Projects

Freeport-McMoRan projects $4.3 billion-$4.5 billion in capital expenditures for 2026 and 2027, respectively, up from $3.9 billion in 2025, which comes as the company is advancing its global and domestic copper footprint

Capstone Sulphide Operations Halted at Mantoverde Desalination Plant

Rio Tinto cerró un sólido desempeño en el cuarto trimestre, liderado por el mineral de hierro y el cobre

Europe

U.K. Completes World's Largest Offshore Wind Auction

The U.K. has completed Europe's largest ever wind auction, awarding contracts for 8.4 gigawatts (GW) of new capacity which will be capable of powering more than 12 million homes.

Trump Backs off European Tariff Threat over Greenland

Andritz Wins South Korean Hydropower Supply Contract, Adding to Global Project Backlog

Africa

Morocco's Dual Energy Policy: Renewables Rise, Gas Persists

After years of reliance on imported fossil fuels to meet its power needs, Morocco is tapping into its solar, wind and hydro potential

Scatec Secures PPA with Egypt for Africa's Largest Solar-Plus-Storage Project

Mining Giants Rio Tinto and Glencore Back in Merger/Acquisition Talks

Asia

India Installs Record Renewable Generation

India achieved a record-high renewable energy capacity addition of nearly 44 gigawatts (GW) in 2025, led by strong growth in solar and wind power.

South Korea's KHNP Secures Stake in TerraPower, Will Support Natrium Reactor

IEA Finds Solar Power Leading Global Renewables

Oceania

Queensland's Giant Borumba Hydro Project Advances

Commonwealth approval has been granted for the 2,000 megawatt (MW) Borumba Pumped Hydro Project in Queensland, Australia, allowing exploratory works to start in the coming months.

Australia to Stockpile Critical Minerals

Severe Tropical Cyclone Hayley Barrels Into Western Australia

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The State of Offshore Energy: Two Sides of the Same Coin

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Industrial Project Opportunity Database and Project Leads

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