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Saturday, June 20, 2026
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Economic Indicators

2Q 2026 (2nd Est.)

GDP
1.6%

May 2026

ISM
54%

April 2026

Unemployment Rate
4.3%

March 2026

New Orders
1.5%

April 2026

Industrial Production
0.7%

April 2026

Capacity Utilization
76.1%

Latest Headlines

Daily News Cast

Featured Story

Xcel Petitions to Keep Colorado Coal-Fired Power Plant Operating Past Planned Retirement

Published

Xcel Energy has petitioned the Colorado PUC to allow Unit 2 at its Comanche power plant in Pueblo to run for another 15 months after its planned retirement data at the end of this year.

By Eric Funderburk, Promotions & Advertising Specialist

Read the Article
  • Canada Set New Record in Crude Oil Production in 2025

    Published

    Total production of crude oil in Canada reached a highpoint in December at 5.64 million bpd, while the full-year 2025 average was 5.35 million bpd

    By William Ploch, Assistant Editor-in-Chief

  • BHP-Lundin's Vicuna Copper Project Greenlit for Argentina Incentives

    Published

    The Vicuna mining project, which includes Josemaria and Filo del Sol deposits, is the latest copper project approved under Argentina's RIGI incentives program. Argentina is betting heavily on becoming a top copper producer with hopes of producing up to 1.5 million tonnes per year.

    By Brian Ford, Editor-in-Chief

  • Extra Oil Supplies Scarce as War Winds Down

    Published

    >Energy markets are in retreat as the details of a 14-point memorandum of understanding between Iran and the United Staes circulates. Supply-side buffers are scarce, however, in part due to the release from emergency stockpiles.

    By Eric Funderburk, Promotions & Advertising Specialist

Australia Backs Copi Mineral Sands Mining Project

Published

The regional government of New South Wales (NSW) in Australia has given permission for the A$700 million (US$496 million) rare earths Copi Minerals Sands project.

By Martin Lynch, European News Editor

Markets Will Recover Gradually from War, IEA Says

Published

Brent crude oil prices are at levels not seen since the start of fighting in the Middle East. A preliminary truce is in the works, but it will take time for markets to return to normal.

By Daniel Levin, Assistant Editor

Solar, Batteries Take the Reins in California's Energy Race

Published

Industrial Info Resources is tracking about $49 billion in utility-scale solar projects and $11.5 billion in stand-alone battery-storage projects across California.

By William Ploch, Assistant Editor-in-Chief

Construction at U.S. Cargo Ports Leads to $20 Billion in Spending

Published

Industrial Info Resources is tracking $20 billion worth of active and planned projects at U.S. cargo ports.

By Daniel Levin, Assistant Editor

2

MarCon*

IIR Weekly Market Scorecard

Week 06/08/26 - 06/15/26

Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies

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Featured Story

Will Trump Moves Provide Long-term Boost to U.S. Coal?

Published

The Trump administration's efforts to boost U.S. coal mining, coal exports and use of coal in electric generation are expected to provide a short-term boost in the economic activity around the fossil fuel, but uncertainties remain.

By Brian Ford, Editor-in-Chief

  • U.S. Clean Power Groups Sue DOD Over Delays in Wind Project Permitting

    On May 31, four clean energy groups filed suit against U.S. Defense Secretary Pete Hegseth and the Department of Defense, arguing that the department "has engaged in sweeping efforts to block wind-energy projects" using a variety of tactics.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 09, 2026 Read Article
  • Trump Designates US$685 Million to Support U.S. Coal, Power

    President Donald Trump significantly expanded his administration's support for coal and coal-fired electric generation on Thursday by committing the federal government to provide about $685 million to support coal mining, coal exports and coal-fired electric generation in the U.S.

    By Brian Ford, Editor-in-Chief

    Published June 05, 2026 Read Article
  • Google, Intersect Power Highlight Meitner Energy Center in Texas

    Google and Intersect Power formally announced construction of the Meitner Energy Center in Texas--a co-located data center and power-generation site. According to Industrial Info Resources data, Google has more than $160 billion worth of active and planned U.S. data centers under construction, with $21 billion worth of projects under construction.

    By Daniel Levin, Assistant Editor

    Published June 05, 2026 Read Article
  • See More Power News

Featured Story

From North to South, U.S. LNG Gaining Traction

Published

Industrial Info Resources is tracking more than $39 billion worth of active and proposed projects at the Plaquemines and Calcasieu Pass LNG facilities

By William Ploch, Assistant Editor-in-Chief

  • More Barrels for Trans Mountain Crude Oil Pipeline?

    Published

    Planning is underway to boost capacity of the Trans Mountain crude oil pipeline to the Pacific Coast by 300,000 bpd, the company's chief executive officer said.

    By William Ploch, Assistant Editor-in-Chief

  • Woodfibre LNG Next in Line for Canada

    Published

    The Woodfibre LNG facility slated for exports from the Pacific Coast of Canada is looking forward to making the midstream connections necessary for startup next year, the company's chief executive said.

    By Eric Funderburk, Promotions & Advertising Specialist

  • See More Oil & Gas News
  • Canada's Ksi Lisims LNG Secures Indigenous Support

    Project developers signed benefit agreements with three aboriginal groups, which in turn withdrew their reviews of the project's environmental certificate

    By William Ploch, Assistant Editor-in-Chief

    Published June 11, 2026 Read Article
  • Alberta Heralds Start of New CCS Project

    Carbon at the Meadowbrook facility in Alberta will be stored underground in a saline aquifer. Rich in oil, the province is working to create a carbon-neutral economy by 2050.

    By Daniel Levin, Assistant Editor

    Published June 08, 2026 Read Article
  • Trans Mountain Pipeline Could Accommodate More Crude Oil

    Planning is underway to boost capacity of the Trans Mountain crude oil pipeline to the Pacific Coast by 300,000 barrels per day, the company's chief executive officer said.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 08, 2026 Read Article
  • Upstream Responded to War-Related Spike in Oil Prices

    A Wednesday report from the Dallas Fed found the risk premium from the war led to an increase in upstream activity in U.S shale, along with a modest uptick in payrolls.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 05, 2026 Read Article
  • See More Oil & Gas News

Featured Story

In-Plant Capital Projects Lead U.S. Ethanol Construction Spending

Published

More than $800 million of ethanol-related construction is underway in the U.S., with billions of dollars' worth of future projects in the planning and engineering pipeline.

By Eric Funderburk, Promotions & Advertising Specialist

  • Europe's Plan to Combat Fuel Crisis

    The European Commission (EC) has launched a toolbox of measures called AccelerateEU to help relieve the pressure on European industry and households caused by the war in Iran and its ongoing global impact on fuel supplies and rocketing prices.

    By Martin Lynch, European News Editor

    Published May 04, 2026 Read Article
  • Canada to Launch Sovereign Wealth Fund for Projects, Companies

    Canadian Prime Minister Mark Carney continued his efforts to build up the economy with the launch of a sovereign wealth fund. Through trade and investments, Canada aims to become an energy superpower.

    By Brian Ford, Editor-in-Chief

    Published April 29, 2026 Read Article
  • North American Fuel Pellet Industry Has Construction in Store

    Fuel pellet construction projects are active in the U.S., Mexico and Canada, bringing in US$1.75 billion in potential capital and maintenance spending.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published April 28, 2026 Read Article
  • Uncertainty on Iran War Drives Oil Up 15%

    Crude oil prices have edged downward, but little is certain amid continued instability along the Strait of Hormuz.

    By William Ploch, Assistant Editor-in-Chief

    Published April 27, 2026 Read Article
  • Middle East War Takes Toll on SLB, Oil Industry

    Violence in the Middle East is influencing the performance of companies across the global energy sector.

    By William Ploch, Assistant Editor-in-Chief

    Published April 27, 2026 Read Article
  • See More Alternative Fuel News

Featured Story

U.S. Retail Gas Prices Down for Three Weeks Straight

Published

Though U.S. retail gasoline prices would normally be elevated due to summer demand, and with tensions still in the Middle East, the market has notched declines for three straight weeks, travel club AAA reported.

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

BP Selling Stakes in Key U.K. Carbon Capture Projects

Published

BP continues its withdrawal from renewable energy and carbon capture projects with the announcement that it will sell its stakes in two of the U.K.'s leading carbon capture and storage (CCS) projects.

By Martin Lynch, European News Editor

  • Green Light for Humber Green Hydrogen Plant in U.K.

    Planning permission has been granted for the Humber H2ub Green hydrogen production facility near Killingholme power station but a much larger blue hydrogen project has been shelved.

    By Martin Lynch, European News Editor

    Published May 06, 2026 Read Article
  • Phillips 66 Advances Major Global Growth Projects

    Phillips 66 is advancing major growth projects. According to Industrial Info Resources data, there is $5 billion worth of projects worldwide attributed to the energy company, excluding two major joint-venture petrochemical facilities under construction.

    By Daniel Levin, Assistant Editor

    Published May 05, 2026 Read Article
  • U.S. Chemical Investments Shift Amid Fertilizer Crisis

    While agricultural producers are clamoring for fertilizer amid a global shortage, domestic petrochemical producers are realizing they may have put too much on the market.

    By William Ploch, Assistant Editor-in-Chief

    Published April 29, 2026 Read Article
  • Vietnam Petrochemicals Plant Halts Operations Again

    Having resumed operations in August 2025 after a nearly year-long suspension because of the oil price surge, Long Son Petrochemicals (LSP), a Vietnam subsidiary of Siam Cement Group (SCG) is once again facing an operational halt due to the continuing conflict in the Middle East.

    By Ralph Diasanta, Research Specialist

    Published April 28, 2026 Read Article
  • See More Chemical Processing News

Featured Story

Louisiana Rare Earth Extraction Facility Obtains DOE Funding

Published

The U.S. Department of Energy has awarded ElementUSA, working with the Colorado School of Mines, $67 million toward a project that will extract rare earth elements from bauxite residue at an alumina refinery in Louisiana.

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

Active U.S. Pulp & Paper Project Construction Adds Up to $7.3 Billion

Published

Industrial Info Resources data find $7.3 billion worth of Pulp & Pulp construction projects underway in the U.S. and another $5.5 billion worth in the planning and engineering stages.

By Eric Funderburk, Promotions & Advertising Specialist

  • Supreme Court Rejects Trump Tariffs under IEEPA

    In a 6-3 decision Friday, the U.S. Supreme Court ruled that President Donald Trump exceeded his legal authority in unilaterally imposing unbounded tariffs on nearly every country in the world using a 1970s-era emergency economic law.

    By Brian Ford, Editor-in-Chief

    Published February 20, 2026 Read Article
  • Presidents Day Weekend Storm Threats Loom for Southeast, East Coast

    A winter storm is expected to move from the U.S. Southwest across the southern Plains and into the East this weekend. This system is forecast to bring heavy rain and localized flooding.

    By William Ploch, Assistant Editor-in-Chief

    Published February 12, 2026 Read Article
  • 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

    By Maria Lidia Lozano, Food & B. / Pulp, P. & W. / Alternative Fuels Latam Regional Manager

    Published February 05, 2026 Read Article
  • See More Pulp, Paper & Wood News

Featured Story

Active U.S. Meat & Poultry Construction Adds Up to $2.5 Billion

Published

Industrial Info Resources data find nearly $2.5 billion worth of construction underway in the U.S. meat and poultry sector, and more than $7.5 billion worth of construction planned for the future.

By Eric Funderburk, Promotions & Advertising Specialist

  • U.S. Dairy Plant Construction Brings Billions in Spending

    According to Industrial Info Resources data, there is more than $14.5 billion of active dairy projects in the U.S., ranging in their development timelines from planning to active construction. Nearly $7 billion worth of these projects are actively under construction.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published April 16, 2026 Read Article
  • Diminishing Water Resources Put Pressure on Corpus Christi, Texas

    With reservoir levels dropping to dangerous lows, authorities in Corpus Christi are looking for ways to acquire potable water after a major desalination project was cancelled last year.

    By William Ploch, Assistant Editor-in-Chief

    Published April 07, 2026 Read Article
  • U.S. Customs Says It Needs Time to Refund Tariffs

    A federal trade court was told March 6 that it would take about 45 days to reconfigure the systems and processes used by U.S. Customs and Border Protection before it could begin making refunds on tariffs it has collected.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published March 10, 2026 Read Article
  • U.S. Soft Drink Projects Bring $2.4 Billion in Active Construction

    The manufacture of soft drinks, juice drinks, bottled water and similar beverages means big business in the U.S., and the producers and bottlers of these beverages are at work on projects across the country.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published March 05, 2026 Read Article
  • U.S. Soybean-Crushing Facilities Add Billions to Nation's Project Spending

    With more than $2 billion of projects at U.S. soybean-crushing plants rated as medium- or high-probability in the works, the sector is led by Illinois, where one grassroot plant presently is under construction and two others are being expanded.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published February 09, 2026 Read Article
  • See More Food & Beverage News

Featured Story

GM on Track to Significantly Shift Battery Technologies for Energy Storage, EVs

Published

By 2028, GM hopes to begin delivering new battery technologies for both its EVs as well as its new foray into the energy-storage sector.

By Eric Funderburk, Promotions & Advertising Specialist

  • Trump May Scrap North America Trade Pact

    Published

    President Donald Trump said he may not renew the USMCA ahead of a July 1 deadline, although it is suspected he won't rip up the agreement altogether in favor of negotiating changes past that date. The White House also may look to sign separate bilateral agreements with Canada and Mexico in addition to the trilateral framework.

    By Daniel Levin, Assistant Editor

  • Survey: Middle East Conflict, Trade Loom Over U.S. Manufacturing Investment

    Published

    The National Association of Manufacturers (NAM) found U.S. manufacturers expect capital spending will increase 1.8% over the next 12 months, although the Middle East conflict and trade uncertainties are affecting their raw material costs and supply chains.

    By Daniel Levin, Assistant Editor

  • See More Industrial Manufacturing News
  • Fuel Cell Manufacturing, Deployment Gain Ground in U.S.

    U.S. data center developers are increasingly targeting fuel cell technologies to power their facilities, and fuel cell manufacturers are stepping up to keep pace with demand.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 05, 2026 Read Article
  • Talen Energy Joins in U.S. Power Plant Buying Spree

    Talen Energy received the final approvals necessary to buy three U.S. gas-fired power plants, which is the latest in a long line of planned merger and acquisition activity across the U.S. power-generation landscape.

    By Daniel Levin, Assistant Editor

    Published June 03, 2026 Read Article
  • ISM: U.S. Manufacturing Activity Strengthens

    The Institute of Supply Management's (ISM) Manufacturing Purchasing Managers Index, an indicator for the level of economic activity in U.S. manufacturing, reached its highest level since May 2022.

    By Daniel Levin, Assistant Editor

    Published June 02, 2026 Read Article
  • See More Industrial Manufacturing News

Featured Story

Indiana, North Carolina Highlight Billions in U.S. Pharmaceutical-Biotech Investment

Published

According to Industrial Info Resources data, major developments in Indiana and North Carolina lead the U.S. with $76 billion worth of Pharmaceutical & Biotech Industry projects under construction. This is buoyed by high-dollar efforts from industry giants such as Eli Lilly and Company, Novo Nordisk and Johnson & Johnson.

By Daniel Levin, Assistant Editor

Featured Story

U.S. Strategic Oil Reserves Lowest in Nearly 40 Years

Published

Federal data from Monday show the U.S. Strategic Petroleum Reserve holds 340.3 million barrels, the lowest since 1983.

By Eric Funderburk, Promotions & Advertising Specialist

  • India LNG Tanker Makes it Through Strait of Hormuz

    Published

    Natural gas markets may be breathing a sigh of relief already with India seeing the safe passage of a vessel laden with LNG moving through the Strait of Hormuz.

    By Brian Ford, Editor-in-Chief

  • Oil Prices Collapse on Middle East Understanding

    Published

    A formal signing ceremony is expected to take place in Geneva on Friday to sanction a truce between the United States and Iran. Oil prices collapsed on the news, though the global economy has already been severely damaged.

    By Brian Ford, Editor-in-Chief

  • Trump Announces U.S. Peace Deal with Iran

    Published

    U.S. President Donald Trump announced an agreement Sunday to maintain a ceasefire between the U.S. and Iran, which would lead to a reopening of the Strait of Hormuz. The two sides would have 60 days to negotiate details, including the fate of Iran's nuclear development program.

    By Brian Ford, Editor-in-Chief

  • See More Middle East News
  • Kuwait Airport Bombed, Oil Rally Continues

    U.S. officials continue to talk of a cease-fire agreement in the Middle Easy conflict, though fighting is ongoing. Mohsen Rezaei, a top Iranian military advisor, said Wednesday that "neither in negotiations nor in the ceasefire process will we allow America to make excessive demands."

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 03, 2026 Read Article
  • IEA: Global Energy Capex to Grow 5% to US$3.4 Trillion in 2026

    Global capital investment in energy is expected to reach about US$3.4 trillion in 2026, 5% higher than 2025 spending and a continuation of the long-term post-COVID increases in annual outlays for energy, according to a report from the International Energy Agency. Nearly 60% of spending will go to the Electric Power sector.

    By Brian Ford, Editor-in-Chief

    Published June 03, 2026 Read Article
  • Middle East Attacks Continue Amid Global Economic Warnings

    Crude oil prices returned to rally mode on Monday as fighting escalated in the Middle East. That followed warnings from international agencies that the war was taking a toll on the global economy.

    By Daniel Levin, Assistant Editor

    Published June 02, 2026 Read Article
  • AAA: Despite Dip in Crude, Gas Prices Could Remain Elevated

    Industrial Info Resources is tracking progress at 142 operational crude oil refineries across the U.S., which are home to more than $20 billion worth of active and proposed projects

    By William Ploch, Assistant Editor-in-Chief

    Published May 29, 2026 Read Article
  • See More Middle East News

Featured Story

U.S. Seeks New Section 301 Tariffs in Forced Labor Flap

Published

Other nations blasted, and some U.S. trade groups supported, the results of a Section 301 trade investigation by the U.S. Trade Representative.

By William Ploch, Assistant Editor-in-Chief

  • U.S. Feed Gas for LNG Highest Since April

    Feed gas running to operational terminals for exports of U.S. LNG are up 2 billion cubic feet from last month's average. A tentative truce has so far led to a trickle of LNG out of the Strait of Hormuz.

    By Daniel Levin, Assistant Editor

    Published June 17, 2026 Read Article
  • U.S. Solar Kickoffs Set to Heat Up Alongside Blistering Summer

    Industrial Info Resources is tracking more than $27 billion worth of solar power-generation projects that are set to begin construction across the U.S. from July through September

    By William Ploch, Assistant Editor-in-Chief

    Published June 17, 2026 Read Article
  • U.S. Gulf Coast Flooding Threat Escalates on Possible Tropical Development

    A disturbance over northeastern Mexico could briefly organize as it moves into the northwestern Gulf of Mexico later this week. The primary threat to Gulf Coast energy and industrial operations will be widespread heavy rainfall, flash flooding, and localized power outages.

    By Brian Ford, Editor-in-Chief

    Published June 16, 2026 Read Article
  • New Mexico to Host Largest U.S. Windfarm

    Industrial Info Resources is tracking the $2 billion project, which has a peak capacity of 3,776.4 MW--more than the next two largest windfarms combined

    By William Ploch, Assistant Editor-in-Chief

    Published June 16, 2026 Read Article
  • Contractor Partnership Wins Kentucky Battery Recycling Plant in Chapter 11 Auction

    Ascend Elements' under-construction Apex 1 battery materials recycling plant in Kentucky will be sold to Turner-Kokosing Joint Venture (TKJV), a partnership between Turner Construction and Kokosing Industrial that was building the plant.

    By Eric Funderburk, Promotions & Advertising Specialist

    Published June 16, 2026 Read Article
  • See More North America News

Featured Story

Perú podría tardar días en confirmar al ganador de las elecciones presidenciales

Published

Perú aún no ha anunciado al ganador de las elecciones presidenciales y el resultado final podría tardar semanas.

By Brian Ford, Editor-in-Chief

Featured Story

Denmark Funding Largest Carbon Capture Project at Cement Plant

Published

Denmark has concluded its largest ever tender for carbon carbon, transport and storage with the country's only cement maker Aalborg Portland.

By Martin Lynch, European News Editor

  • New SMR Power Plant Proposed for Sweden

    Sweden's government has received its third application to build a nuclear power plant based on small modular reactor (SMR) technology just months after approving new draft laws to make it easier to build new nuclear power plants.

    By Martin Lynch, European News Editor

    Published June 09, 2026 Read Article
  • European EV Market Surges On Energy Crisis

    The ongoing global oil and gas crisis caused by U.S. and Israeli attacks on Iran in recent months has led to a notable spike in electric vehicle (EV) sales in Europe.

    By Martin Lynch, European News Editor

    Published June 03, 2026 Read Article
  • Germany's Hydrogen Support Fund Gets EU Approval

    A German government financial aid package worth 1.3 billion euro (US$1.5 billion) for renewable hydrogen projects located in Denmark has received approval from the European Commission (EC).

    By Martin Lynch, European News Editor

    Published June 02, 2026 Read Article
  • China Restrictions Lead to Tungsten Supply Crunch

    Tungsten prices rocketed to record highs in recent months, largely as a result of China's grip on the metal and its restrictions on exports.

    By Brian Ford, Editor-in-Chief

    Published June 01, 2026 Read Article
  • See More Europe News

Featured Story

Morocco Accelerates Energy Transition with 16-GW Renewable Power Expansion

Published

Morocco is set to significantly accelerate its energy transition through a planned investment of approximately US$16 billion aimed at adding nearly 16 gigawatts (GW) of renewable-energy capacity over the next five years.

By Yogesh Kumar, Lead Researcher-Power

Featured Story

Floating Solar Set for Major Boost as India Maps 102 GW Potential

Published

India has identified more than 102 gigawatts (GW) of deployable floating solar photovoltaic (FPV) potential, marking a significant milestone in the country's renewable energy journey.

By Yogesh Kumar, Lead Researcher-Power

  • Japan To Replace Up To 14 Nuclear Reactors

    Published

    Japan is looking to replace up to 14 nuclear power reactors in the coming decades as it seeks to strengthen its nuclear energy sector following the major accident at the Fukushima Daiichi plant in 2011.

    By Martin Lynch, European News Editor

  • Connecting the Country: India's Push to Expand Natural Gas Pipelines

    Published

    India is vigorously expanding its natural gas infrastructure to reach a 35,000-kilometer (km) pipeline network target, signaling a transformative push toward logistics stability and broader access to cleaner fuel nationwide.

    By Brian Ford, Editor-in-Chief

  • See More Asia News

Featured Story

Two Major Lithium Mining Projects Green Lit in Australia

Published

Australia's drive to produce more critical minerals continues to ramp up as two lithium mining projects in Western Australia, Mount Holland and Mount Marion, have been cleared to begin.

By Martin Lynch, European News Editor


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