Industry News
In order to keep the Inspectioneering community up-to-date with current events and breaking stories, we routinely share relevant, useful, and/or interesting stories related to the topics we cover and the industries we serve.
U.S. refineries are planning to take about 529,000 barrels of daily crude-processing capacity offline during the fall turnaround season, the lowest for the period since 2021.
Industry giant and household brand Procter & Gamble has announced it is investing $96.7 million to install new advanced production lines and increase production capacity at its Rapides Parish facility in Central Louisiana.
bp has announced that it plans to sell its existing US onshore wind energy business, bp Wind Energy, and aims to bring together the development of onshore renewable power projects through Lightsource bp.
Woodland Biofuels has announced a planned $1.35 billion investment at the Port of South Louisiana to establish the world’s largest carbon negative renewable natural gas plant / ultra-green hydrogen facility.
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bp has agreed to sell a non-controlling interest in the Trans Adriatic Pipeline to Apollo for $1 billion. The companies will also investigate potential co-operation in both gas and low carbon energy assets, and infrastructure.
Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during the second quarter of 2025
Natural gas pipeline takeaway capacity in the Permian Basin is set to increase by 9.8 Bcf/d as four new pipelines come into service over the next few years.
Energy facilities along the U.S. Gulf Coast have scaled back operations and evacuated some production sites as Hurricane Francine barrels towards the energy-rich region.
Methanex has entered into a definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion.
Two workers died and another was injured after a fire broke out over the weekend at the biggest domestic refinery owned and operated by Mexico's state oil company Pemex.
Canada's Pembina Pipeline said it will buy some infrastructure assets in Alberta Montney from oil producer Veren Inc.
The Abu Dhabi National Oil Company has agreed to a 15-year deal to supply Indian Oil with 1 million metric tons per annum of liquefied natural gas.
ADNOC has agreed to acquire a 35% equity stake in ExxonMobil's proposed low-carbon hydrogen project in Baytown, Texas.
According to the EIA, North America’s LNG export capacity is on track to more than double by 2028, from 11.4 Bcf/d in 2023 to 24.4 Bcf/d in 2028, if projects currently under construction begin operations as planned.
Voyager Midstream Holdings has acquired natural gas gathering and processing assets from Phillips 66, including approximately 550 miles of natural gas pipelines and associated compression.
