Industrial Highlights | Why Copper’s 2026 Momentum Matters — And What It Means for Industrial Material Strategy
Mar,03 2026
Copper has surged into the spotlight as one of the most dynamic industrial metals going into 2026 — and for good reason.
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Industrial Highlights | 2025 Global Copper Supply Crisis: What’s Really Behind the Disruptions?
Feb,28 2026
The global copper market in 2025 has entered a period of significant strain. What began as isolated operational setbacks has evolved into a widespread supply disruption across multiple continents. The result: concentrate availability has tightened sharply, and the market is now facing a substantial supply deficit compared to earlier projections.
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Industrial Highlights | India Set to Lead Upstream Oil & Gas Project Starts in Asia Through 2030
Feb,27 2026
India is emerging as a key hub for new oil and gas field developments in Asia, with industry analysts projecting that the country will drive the highest number of upstream project starts between 2026 and 2030. This uptick reflects sustained energy demand, government reforms to attract investment, and strategic efforts to bolster domestic production capacity.
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Industrial Highlights | ADNOC Gas Finalises LNG Supply Agreement With HPCL, Eyes Broader Expansion
Feb,26 2026
Abu Dhabi National Oil Company’s gas arm, ADNOC Gas, has signed a long-term agreement to supply liquefied natural gas (LNG) to India’s Hindustan Petroleum Corporation Ltd (HPCL) in a deal valued at up to USD 3 billion. The arrangement marks one of ADNOC’s largest bilateral LNG supply commitments to South Asia and reflects growing energy cooperation between the UAE and India.
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Industrial Highlights | Indonesia’s Tanjung Enim CBM Project Enters Full Development Phase
Feb,06 2026
Indonesia’s first commercial coal bed methane (CBM) development has moved into full field development following regulatory approval of its initial plan, marking a milestone for the country’s unconventional gas ambitions.
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Industrial Highlights | INPEX Launches Strategic Tender for Major Abadi LNG Project in Indonesia
Feb,05 2026
Japanese energy company INPEX Corporation has recently initiated a key tender process for its long-anticipated liquefied natural gas (LNG) development in the Masela Block offshore Indonesia, marking significant forward momentum toward a planned final investment decision (FID) as early as 2027 on the project valued at roughly US $19 billion.
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Industrial Highlights | ADNOC Gas Nears Decision on Major Multi-Billion-Dollar Expansion Project
Feb,04 2026
A major Middle Eastern gas producer — ADNOC Gas of the United Arab Emirates — is nearing the award of a multi-billion-dollar contract linked to an expansion of its natural gas processing facilities at the Ruwais complex. This initiative is part of ADNOC’s ongoing effort to expand natural gas liquids (NGL) and LNG production capacity, aiming to meet rising global energy demand and strengthen its export portfolio.
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Industrial Highlights | Fluor Awarded Key Contract for Highland Valley Copper Mine Life Extension in Canada
Dec,26 2025
British Columbia, Canada – December 15, 2025 – Fluor Corporation has been selected by Teck Resources Limited to deliver engineering, procurement, and integrated construction management services for the Highland Valley Copper Mine Life Extension (HVC MLE) project near Logan Lake, British Columbia. The project represents a major brownfield expansion, aiming to extend the mine’s operational life from 2028 to 2046.
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Industrial Highlights | TechnipFMC Secures Subsea Contract for Major US Gas Development in Australia
Dec,25 2025
TechnipFMC has been awarded a significant subsea engineering and construction contract for a large-scale natural gas development project operated by a US supermajor in Australia. The contract forms part of the ongoing expansion of the Gorgon Stage 3 gas field, one of the country’s most important LNG resources.
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Industrial Highlights | McDermott Wins EPCIC Contract for Brunei Offshore Gas Development
Dec,18 2025
McDermott International has just secured a significant engineering, procurement, construction, installation, and commissioning (EPCIC) contract for a new offshore gas development project in Brunei, awarded by Petronas Carigali Brunei.
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Industrial Highlights | 2025 Global Steel Trends: Insights for Equipment Manufacturers
Dec,17 2025
Global steel markets in 2025 remained resilient, driven by strong demand from Oil & Gas, petrochemical, and chemical industries. Equipment manufacturers producing heat exchangers, pressure vessels, columns, and skid-mounted systems faced raw material pressures while balancing project timelines.
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Industrial Highlights | 2025 LME Copper & Nickel Price Trend Analysis and Industrial Impact
Dec,16 2025
Copper prices on the London Metal Exchange (LME) experienced a strong rally throughout 2025, climbing from USD 8,685.50 per tonne at the start of the year to USD 11,816.00 per tonne by mid-December, a year-to-date increase of roughly 36%. Nickel, meanwhile, remained relatively stable, starting the year at USD 15,010.00 per tonne and falling slightly to USD 14,420.00 per tonne, down about 4%, as rising inventories offset steady demand.
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Industrial Highlights | Egypt Partners with Benchmark and Envision to Launch 400,000 t/yr Green Ammonia Facility
Dec,01 2025
The Egyptian government has formalised a partnership involving Al-Nasr Fertilizers Company (ANFCO), Benchmark Power International (Benchmark) and Envision Energy to develop a large-scale green ammonia production plant in the Ataqa industrial zone, Suez Governorate. The facility is designed to produce roughly 400,000 tons per annum (tp y) of green ammonia in its first phase, with most output intended for export.
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Industrial Highlights | Six Contractors Shortlisted for $10B+ Middle East Offshore Gas and Condensate Megaproject
Nov,28 2025
A major new offshore hydrocarbons development in the shared Neutral Zone between Saudi Aramco and Kuwait Petroleum Corporation (KPC) is now gathering pace, with at least six global contracting groups reported as being “in the frame” for significant packages.
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Industrial Highlights | ADNOC Enters Argentina LNG Export Project, Opening New Chapter for Vaca Muerta Gas
Nov,21 2025
The Abu Dhabi national oil company ADNOC has formally joined the Argentina LNG export initiative, marking a major step forward for the country’s ambition to transform its large-scale shale-gas reserves into global export capacity.
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Industrial Highlights | Lotte Chemical Launches Major Petrochemical Complex in Indonesia
Nov,20 2025
South Korea’s Lotte Chemical Corp. has officially begun commercial operations at its new mega-petrochemical complex in Cilegon, Indonesia, marking a major milestone for the company’s Southeast Asia expansion and for Indonesia’s downstream chemical industry.
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Industrial Highlights | Aramco Signs $11 Billion Partnership to Advance Jafurah Gas Development
Nov,19 2025
Saudi Aramco has signed a landmark $11 billion midstream infrastructure agreement with a consortium led by Global Infrastructure Partners (GIP) to accelerate the development of the Jafurah unconventional gas field, a project seen as the cornerstone of Saudi Arabia’s natural gas expansion strategy.
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Industrial Highlights | Major Global Oil & Gas Firms Tap into Guyana’s Shallow-Water Frontier
Nov,17 2025
The Guyana government has formally awarded a five-year exploration licence for offshore Block S4 to a trio of international energy majors: TotalEnergies (operator¹), QatarEnergy and Malaysia’s PETRONAS. The agreement signals new momentum in Guyana’s upstream oil and gas sector as the country seeks to diversify beyond the deep-water frontier dominated by other players.
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Industrial Highlights | TotalEnergies Initiates Final Phase of Iraq's Gas Growth Integrated Project (GGIP)
Oct,27 2025
On September 15, 2025, TotalEnergies, in partnership with Basra Oil Company and QatarEnergy, commenced the final phase of Iraq's Gas Growth Integrated Project (GGIP). This multi-energy initiative aims to enhance Iraq's energy infrastructure through the development of oil, gas, solar, and water resources.
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Industrial Highlights | ExxonMobil Signs Agreement to Develop Iraq's Majnoon Oil Field
Oct,24 2025
ExxonMobil has signed a Heads of Agreement (HoA) with Iraq's Basra Oil Company and the State Oil Marketing Organization (SOMO) to manage, develop, and operate the Majnoon oil field in southern Iraq. This marks ExxonMobil's return to Iraq after a two-year hiatus.
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