Industrial Info

Planned capital and maintenance project spending is showing a 7.4% decline for the forthcoming 12-month period out to third-quarter 2019, according to the latest analysis from Industrial Info. The pipeline of planned infrastructure spending across the 12 industries Industrial Info researchers track and monitor stands at $593 billion from fourth-quarter 2018 to third-quarter 2019. However, the volume of projects »

America's oil and gas fields are crying out for more pipelines. The Permian Basin--and, to a lesser extent, the Marcellus and Utica shale plays--have developed so rapidly that producers could be forced to trim output, since they lack the takeaway capacity to ship their product. Kinder Morgan, Enbridge, Enable, Williams and other midstream companies are jockeying for the resulting business »

The $5.5 billion Train 1 at Corpus Christi is in its final commissioning stages and is expected to be fully operational in the first quarter of 2019; the $5.5 billion Train 2 is under construction and is expected to start up in a little more than a year's time. Each has a 4.5 million-metric-ton-per-year capacity. For more »

The only thing that is certain about unplanned refinery shutdowns is that they will occur. The timing, magnitude and importance of unplanned events remains mostly uncertain. Or does it? Perhaps we could argue that unplanned refinery turnarounds, even those of small magnitude, are more important during a period of low planned turnarounds such as the end of the summer driving »

Crude oil inventories in the U.S. have slumped to their lowest levels in more than three years, fueled by high exports and near-record refinery performance. The massive influx of business means many refineries will need to undergo maintenance-related turnarounds--many of them unplanned--to stay in shape. Industrial Info is tracking more than $3 billion in planned turnarounds at Petroleum Refining »

With a refining capacity of nearly 2.2 million barrels per day (BBL/d), Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) maintains its bragging rights as the No. 1 refiner in the U.S, according to a report released this week by the U.S. Energy Information Administration (EIA). In all, Industrial Info is tracking more than $35 billion »

Industrial Info is tracking more than $231 billion in active Oil & Gas Production projects in Canada, including more than $33 billion worth that are set to begin construction before the end of the year. Industrial Info also is tracking more than $40 billion in active Pipeline projects in Canada, including about $16 billion worth that are set to begin »

The 12,000-barrel-per-day (BBL/d) HF Alky Unit at Valero Energy Corporation's Texas City refinery in Texas could be shutdown for four to five months, after a fire struck the 225,000-BBL/d oil refinery on April 19. Also, Valero has accelerated six weeks of planned refinery maintenance, previously scheduled for early January 2019, for the adjacent 88,000-BBL/d »

How will cutting-edge technology change your business next year--and five years from now? How can you remain competitive in the new high-tech environment and separate fly-by-night fads from legitimate trends? In order to succeed in the long term and stay ahead of the competition, executives in the industrial sector must be able to "see around corners" and anticipate how their »

Industrial Info is pleased to be presenting a complimentary webinar on the spending outlook for the Oil & Gas sector in the Americas. The webinar will take place at 9 a.m. CDT (10 a.m. EDT) on April 24. Industrial Info is tracking more than $367 billion in Oil & Gas projects that are planned to kick off in »

The Dominion Energy Cove Point (DECP) liquefied natural gas (LNG) terminal in Maryland has begun commercial service for natural gas liquefaction and export, Dominion Energy announced Tuesday. After completing a planned maintenance outage, the facility has been ramping up to full production of LNG from natural gas provided by its export customers since late March. DECP will produce LNG for »

Corpus Christi, Texas, will have a new peak in project labor costs in 2021, while Beaumont, Texas, and Baton Rouge, Louisiana, will have greater risks of higher costs in 2019 over 2018, according to Tony Salemme, Industrial Info's vice president of craft labor. Industrial Info is tracking more than $15 billion in active projects in Corpus Christi. On Wednesday, Industrial »

* Updated - ExxonMobil, yesterday, May 3, 2018 was forced to shut down the 110,000 b/d Crude PSLA 9 at its 500,000 b/d Baton Rouge, Louisiana refinery due to a fire on the unit. Current expectations are to complete repairs and restart the unit in mid-May. IIR continues to monitor for a definitive restart timeline. At this »

Demand for liquefied natural gas (LNG) is forecasted to grow at a rate of 4.5% per year. When combined with declining availability of LNG from traditional suppliers such as Indonesia, Malaysia, Algeria and Australia's Northwest Shelf, it will be necessary to approve another 28 million-30 million tons per year of production to meet demand by 2020. This means the »

A growing number of natural gas processing plant projects are dotting the landscape as gas is extracted from U.S. tight shale formations. Industrial Info's natural gas processing plant database is tracking more than 100 projects for planned, or already underway, natural gas processing projects involving grassroot construction or expansions at existing plants. While the bulk of these projects are »

-Utility-scale solar photovoltaic (PV) development continues to trend downward, according to a recent report by the Solar Energy Industries Association (SEIA) (Washington, D.C.). This decline was expected, due to uncertainty stemming from tariffs for solar module imports, and a decrease in solar investment tax credits through 2021. Industrial Info is tracking 532 solar projects in North America, valued at »

The global ethylene sector presents multiple opportunities for equipment and service providers and energy traders, and Industrial Info's Global Ethylene Platform can provide the key information on installed base, new capacity, ethylene production, and offline capacity. Industrial Info's Global Ethylene Platform provides information on capital and maintenance projects. In the U.S., capacity is being added as companies rush to »

Since crude oil prices tanked four years ago, the oil pipeline industry has seen many setbacks and slowdowns. Permitting woes, public resistance and narrow profit margins - both upstream and downstream pipeline companies - have made major oil pipelines seem like increasingly risky propositions. As such, Industrial Info saw very low growth in crude oil pipelines in the u.s »

The pipeline of planned capital and refining maintenance project activity within the Oil & Gas Industry being tracked globally by Industrial Info"s oil & gas industry analysis points at more than 10,821 projects valued at over $1.79 trillion. The latest data on the trends and drivers shaping the outlook were presented in Industrial Info's Asia Pacific Market »

Colombian energy producer Ecopetrol S.A. (NYSE:EC) (Bogota) expects capital expenditures this year to run between $3.5 billion and $4.0 billion, with 85% of that amount earmarked for exploration and production, according to the company’s latest quarterly earnings report. Ecopetrol said it expects to produce between 715,000 and 725,000 barrels per day (BBL/d) »