China's Power Consumption Up 19.4% Year Over Year in March

China's overall social power consumption reached 663.1 billion kilowatt-hours (kWh) in March, an increase of 19.4% year over year, according to China's National…

Industrial Info | manufacturing | IIR | Mining | agriculture | Oil & Gas

Industrial Info

Mon May 03 2021

Equinor Pushes Ahead with Asgard Oil Field Project

Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norwegian oil and gas major Equinor and its partners have announced plans to…

Industrial Info | Production | Oil & Gas | IIR | Engineering | Construction

Industrial Info

Wed Mar 17 2021

Algonquin Power Plots $9.4 Billion in Spending Through 2025, Focusing on Wind, Solar

Researched by Industrial Info Resources (Sugar Land, Texas)--Algonquin Power & Utilities Corporation (NYSE:AQN) (Oakville, Ontario), an energy generation, transmission and distribution utility serving…

Industrial Info | Power | Construction | Solar | IIR | Renewable Energy | Engineering | Oil & Gas

Industrial Info

Mon Mar 08 2021

Murphy Oil: 'Disappointed, but Not Surprised' by Leasing Moratorium

Like other oil and gas producers, Murphy Oil Corporation (NYSE:MUR) (Houston, Texas) endured a fairly brutal 2020, emerging somewhat worse for the wear. The…

Industrial Info | Oil | Production | IIR | Oil & Gas | Capital Expenditures

Industrial Info

Tue Feb 09 2021

ExxonMobil Suffers $22.4 Billion Annual Loss, Sticks to Low Capex Plan

Like other energy giants, Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) was clobbered last year by low fuel demand and oil prices in a COVID-19-ravaged…

Industrial Info | Oil & Gas | Production | Capital Expenditures | Chemicals | IIR | Crude Oil | Natural Gas

Industrial Info

Wed Feb 03 2021

China's Power Consumption Up 19.4% Year Over Year in March

China's overall social power consumption reached 663.1 billion kilowatt-hours (kWh) in March, an increase of 19.4% year over year, according to China's National Energy Administration (NEA). From January to March, China's accumulative social power consumption reached 1,921.9 billion kWh, an increase of 21.2% year over year. In March, China's power consumption in the primary industries »

Equinor Pushes Ahead with Asgard Oil Field Project

Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Norwegian oil and gas major Equinor and its partners have announced plans to invest $165 million to develop the Asgard oil field in the Norwegian Sea and implement the Åsgard B low-pressure project. Asgard has been producing since 1999, and the entire field development ranks among the largest »

Algonquin Power Plots $9.4 Billion in Spending Through 2025, Focusing on Wind, Solar

Researched by Industrial Info Resources (Sugar Land, Texas)--Algonquin Power & Utilities Corporation (NYSE:AQN) (Oakville, Ontario), an energy generation, transmission and distribution utility serving the U.S. and Canada, emerged from a difficult 2020 with higher revenues and earnings, and is mapping out $9.4 billion of capital expenditures from 2021 through 2025. The company had about 1,600 »

Murphy Oil: 'Disappointed, but Not Surprised' by Leasing Moratorium

Like other oil and gas producers, Murphy Oil Corporation (NYSE:MUR) (Houston, Texas) endured a fairly brutal 2020, emerging somewhat worse for the wear. The company reported a full-year 2020 net loss of $1.15 billion, compared with net income of $1.15 billion in 2019. Nevertheless, the company is intent on growing its operations, planning capital expenditures (capex) of »

ExxonMobil Suffers $22.4 Billion Annual Loss, Sticks to Low Capex Plan

Like other energy giants, Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) was clobbered last year by low fuel demand and oil prices in a COVID-19-ravaged world, posting its first annual loss in decades on Tuesday. ExxonMobil had slashed its capital spending by roughly a third to $21.3 billion last year. For this year, capital expenditures are likely to fall »