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Tuesday, May 26, 2026
Economic Indicators

1Q 2026 (Adv. Est.)

GDP
2%

April 2026

ISM
52.7%

March 2026

Unemployment Rate
4.3%

February 2026

New Orders
0%

March 2026

Industrial Production
-0.5%

March 2026

Capacity Utilization
75.7%

Latest Headlines

Daily News Cast

Featured Story

Industrial Info Resources Offers Records on 49,269 Global Combustion Turbine Units and Counting

Published

Industrial Info Resources' GMI Unit Database includes more than 49,000 records of combustion turbines throughout world, in all stages of development and spanning multiple industries.

By Eric Funderburk, Promotions & Advertising Specialist

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U.K Plan to Nationalize British Steel Angers China

Published

The U.K. has announced a plan to nationalise one of its few remaining steel producers, British Steel, having previously taken control of the company away from Chinese company, Jingye.

By Martin Lynch, European News Editor

War, Refineries Keep U.S. Gasoline Prices Elevated

Published

The refinery-dense Gulf Coast was limited by maintenance. Conflict in the Middle East is keeping oil prices elevated. Both are creating spikes in domestic gasoline prices.

By Daniel Levin, Assistant Editor

Can Canada Really Achieve its Oil Export Ambitions?

Published

Industrial Info Resources is tracking 22 projects, with a total investment value of US$2.7 billion, related to planned pipeline developments across Canada

By William Ploch, Assistant Editor-in-Chief

Europe, China Outpace U.S. in Hydrogen Pipeline Development

Published

Industrial Info Resources is tracking 7,681 miles of operational pipelines worldwide designed to carry hydrogen, as well as 15,552 miles planned or under construction

By William Ploch, Assistant Editor-in-Chief

News by Industry

Featured Story

NextEra, Dominion Merger Could Reshape U.S. Power Generation

Published

Industrial Info Resources is tracking 689 operational facilities from NextEra and 706 from Dominion; together, the companies account for more than $190 billion in spending.

By William Ploch, Assistant Editor-in-Chief

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Madagascar Plans 932 MW Solar Expansion Through 46 Projects

Published

By Yogesh Kumar, Lead Researcher-Power

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LNG Canada Decision, U.S. Drillers Add Oil Rigs: Your Daily Energy News

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Renewables Represented 76% of Brazil's 7.4 GW Power Expansion in 2025

Published

By Daniel Levin, Assistant Editor

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Billions Worth of Texas Solar Power Projects to Come Online in 2026

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

New UAE Pipeline, Record U.S. Oil & Gas Lease Auction: Your Daily Energy News

Published

A U.S. oil and gas lease auction this drew record winning bids of $4 billion, while the head of ADNOC reports a new crude oil pipeline in the UAE is 50% complete.

By Eric Funderburk, Promotions & Advertising Specialist

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  • Venezuela's PDVSA Continues with Refinery Repairs

    Published

    PDVSA is working to maintain its dilapidated refineries. U.S. officials, however, say Venezuela has a role to play in global energy security..

    By Brian Ford, Editor-in-Chief

  • First Oil Reached at Alaska's Pikka Project

    Published

    Some 80,000 barrels of oil per day are expected by the third quarter now that first oil was achieved at the Pikka prospect in Alaska, international partners announced..

    By Daniel Levin, Assistant Editor

  • Three Large U.S. Gas Drillers Report Big Jump in Q1 Profits

    Published

    First-quarter net profits shot up for three large, independent, gas-oriented U.S. exploration and production companies, driven by higher demand, stemming in part from the cold snap early in the quarter, which led to increased production and increased prices..

    By Brian Ford, Editor-in-Chief

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Two New U.S. LNG Projects Pick Up Funding

Published

By William Ploch, Assistant Editor-in-Chief

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UAE Proposes New Pipeline Amid Trump's War Frustration

Published

By William Ploch, Assistant Editor-in-Chief

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Norway Doubles Down on Gas Production for Europe

Published

By Martin Lynch, European News Editor

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U.S. Consumers Mull EVs Amid Higher Gasoline Prices

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

U.S. Renewable Fuels Policy Changes Could Benefit Domestic Farmers

Published

In the last year, the U.S. has made "an unprecedented number of policy changes in the biofuels space" at both national and state levels. Changes involve finished products and feedstocks.

By Eric Funderburk, Promotions & Advertising Specialist

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  • Hormuz Blockades Boost Global Renewable Fuels Mandates

    Published

    Renewables gain new momentum replacing some transportation fuels choked off behind the Strait of Hormuz. According to Industrial Info Resources data, there are nearly 5,000 renewable fuel projects around the world, with an investment value of $303 billion..

    By Daniel Levin, Assistant Editor

  • Europe's Plan to Combat Fuel Crisis

    Published

    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

  • Canada to Launch Sovereign Wealth Fund for Projects, Companies

    Published

    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

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Baker Hughes Boasts Backlog Gains, Warns on Iran War's Effects

Published

By William Ploch, Assistant Editor-in-Chief

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North American Fuel Pellet Industry Has Construction in Store

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Middle East War Takes Toll on SLB, Oil Industry

Published

By William Ploch, Assistant Editor-in-Chief

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Uncertainty on Iran War Drives Oil Up 15%

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

Angola's First New Refinery in 50 Years Starts Production

Published

More than 50 years after achieving its independence from Portugal, Angola has shipped fuel from its newest refinery at Cabinda.

By Martin Lynch, European News Editor

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Global Crude Oil Prices Slip After Vessel Transits Strait of Hormuz

Published

By Brian Ford, Editor-in-Chief

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U.S. Gasoline Prices Spike as Trump Tries to Calm Markets

Published

By William Ploch, Assistant Editor-in-Chief

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World Bank Sounds Alarm Bells Over U.S./Israel War With Iran Amid Refinery Outages

Published

By Brian Ford, Editor-in-Chief

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Jet Fuel Prices Up Sharply on War Premium Amid Refinery Turnarounds

Published

By Brian Ford, Editor-in-Chief

Featured Story

U.S. Plastic Resin Production Set for Near-Term Growth

Published

Industrial Info Resources is tracking $22 billion of U.S. plastics-manufacturing projects, part of a global market totaling more than $325 billion

By William Ploch, Assistant Editor-in-Chief

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U.S. Chemical Investments Shift Amid Fertilizer Crisis

Published

By William Ploch, Assistant Editor-in-Chief

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Vietnam Petrochemicals Plant Halts Operations Again

Published

By Ralph Diasanta, Research Specialist

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U.S. Occidental Petroleum Sees Lower Realized Oil Price in First Quarter

Published

By Brian Ford, Editor-in-Chief

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Middle East Conflict Disrupts Australia's Chemical Industry

Published

By Ralph Diasanta, Research Specialist

Featured Story

Metals & Minerals Rotary Kiln Projects Heaviest in Europe

Published

Rebuilds, modernizations and upgrades are the name of the game for most current and future projects involving rotary kilns.

By Eric Funderburk, Promotions & Advertising Specialist

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Chile Pulls Environmental Permit for Collahuasi Copper Mine Expansion

Published

By Daniel Levin, Assistant Editor

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Argentina OKs Two Mining Projects Under the RIGI

Published

By William Ploch, Assistant Editor-in-Chief

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Equinox Gold to Acquire Orla Mining

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Producción de cobre de Chile disminuyó un 5,8% durante el primer trimestre

Published

By Brian Ford, Editor-in-Chief

Featured Story

Trade Court Rules Importers are Due U.S. Tariff Refunds, With Interest

Published

A federal trade court has ordered the U.S. government to refund, with interest, all levies paid by importers under a 1970s-era law used by the president but recently struck down the U.S. Supreme Court.

By Brian Ford, Editor-in-Chief

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IIR's February 23 Market Scorecard Brings You Breaking Geopolitical News

Published

By Daniel Levin, Assistant Editor

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Supreme Court Rejects Trump Tariffs under IEEPA

Published

By Brian Ford, Editor-in-Chief

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U.S. Supreme Court Strikes Down Trump's Tariffs

Published

By William Ploch, Assistant Editor-in-Chief

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Presidents Day Weekend Storm Threats Loom for Southeast, East Coast

Published

By William Ploch, Assistant Editor-in-Chief

Featured Story

From Farm to Table, Iran Blockade-Based Food Inflation Continues

Published

Farmers and consumers alike are pressed by rising fertilizer and fuel costs, resulting from Hormuz blockades. According to Industrial Info Resources data, more than 28,000 food and beverage projects worldwide total $428 billion of investment.

By Daniel Levin, Assistant Editor

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U.S. Customs Says It Needs Time to Refund Tariffs

Published

By Eric Funderburk, Promotions & Advertising Specialist

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U.S. Soft Drink Projects Bring $2.4 Billion in Active Construction

Published

By Eric Funderburk, Promotions & Advertising Specialist

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IIR's February 16 Market Scorecard Brings You Breaking Geopolitical News

Published

By Daniel Levin, Assistant Editor

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U.S. Soybean-Crushing Facilities Add Billions to Nation's Project Spending

Published

By Eric Funderburk, Promotions & Advertising Specialist

Featured Story

IEA: Global EV Sales Rose 20% in 2025, More Gains Seen

Published

The International Energy Agency estimates electric and hybrid vehicle sales reached 20 million units in 2025 and are expected to hit 23 million this year.

By Eric Funderburk, Promotions & Advertising Specialist

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Active U.S. Chiller-Boiler Construction Tops $1 Billion

Published

By Eric Funderburk, Promotions & Advertising Specialist

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AEP Boosts Five-Year U.S. Power Spending Plan to $78 Billion

Published

By Eric Funderburk, Promotions & Advertising Specialist

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NERC Issues Heightened Alert Over Data Center Loads on U.S. Power System

Published

By Brian Ford, Editor-in-Chief

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Projects Under Construction Lead U.S. to $45 Billion Worth of Battery-Manufacturing Investments

Published

By Daniel Levin, Assistant Editor

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

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Helium Investments Gain Momentum as Supply Surge Meets Market Dynamics

Published

By Sharun Anthony, Content Editor

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U.S. Plans for More than $5.5 Billion in Medical Device Projects

Published

By Eric Funderburk, Promotions & Advertising Specialist

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Vetter Expands German Operations with New Pharma Plant

Published

By Martin Lynch, European News Editor

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Qué significa el acuerdo comercial Mercosur-UE para los países sudamericanos?

Published

By Brian Ford, Editor-in-Chief

Industry Shorts


News by Geography

Middle East News

Top Story

Western Midstream Permian Acquisition, Reduced Production from Occidental: Your Daily Energy News

Published

Western Midstream Partners is expanding its Permian footprint with the purchase of privately held Brazos Delaware II, while Occidental has lowered its 2026 production forecast, largely due to suspension of Middle East assets.

By Eric Funderburk, Promotions & Advertising Specialist

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North America

Latin America

McEwen to Boost Gold Production Up to 140% by 2030

Published

With gold output nearing 300,000 GEO, McEwan expects a final investment decision on its Los Azules copper project in Argentina by year-end.

By William Ploch, Assistant Editor-in-Chief


Europe


Africa

Ghana Mandates Local Ownership for Mining

Published

Ghana has instructed major mining companies, including Newmont, AngloGold Ashanti and Zijin Mining, to shift their mining operations to locally owned contractors by December 2026 or face penalties.

By Sunil Kumar, Researcher


Asia

Oceania


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