Monthly Archives April 2024

Chevron arm launches $500 million fund to invest in low carbon technologies: April 16 (Reuters) – Chevron’s venture capital arm launched on Tuesday its third fund to invest in renewable energy technologies with a $500 million commitment, as oil majors look to diversify their business in the face of pressure to reduce their emissions. Like […]

Financial Times – Ex-Shell CEO van Beurden joins KKR to advise on climate investments: Shell’s former chief executive has joined private equity group KKR as a senior adviser for energy transition investments in his first corporate role since stepping down from the oil and gas major. Ben van Beurden, who started with KKR on a part-time […]

JAPAN’S LARGEST POWER COMPANY, JERA, CREATES GLOBAL RENEWABLES BUSINESS HEADQUARTERED IN LONDON 2024/04/15 JERA Co., Inc. (“JERA”), Japan’s largest power company, today announces the creation of JERA Nex Limited (“JERA Nex”), a new global renewable energy business. JERA Nex will develop, invest in, own and operate a range of renewable energy assets, including offshore and […]

GridBeyond Closes €52M Series C Funding Round to Continue Its Platform Evolution and Invest in New & Existing Markets: April 16, 2024 12:00 AM Eastern Daylight Time Smart energy company GridBeyond has successfully concluded a €52M Series C financing round to support the scale-up of the business. The company will use the funding to support […]

ENGIE passes the 1TWh milestone in annual biomethane production capacity in Europe with the acquisition of two units in the Netherlands Download the press release ENGIE continues to expand its biomethane production capacity in Europe with the acquisition of two new units in the Netherlands, the Group’s first biomethane production facilities in the country. These […]

KIMMERIDGE WITHDRAWS PROPOSAL TO COMBINE SILVERBOW WITH KIMMERIDGE TEXAS GAS: SilverBow has refused to enter into good faith negotiations or undertake substantive due diligence to assess the best path forward for unlocking value on behalf of all shareholders – necessitating the need for fresh perspectives in the Boardroom Kimmeridge to focus on electing three highly-qualified, […]

Air Products Receives Funding to Build Two Large-Scale Hydrogen Refueling Stations in the Region of North-Rhine Westphalia Nordrhein Westfalen: HATTINGEN, Germany, April 15, 2024 /PRNewswire/ — Air Products, a world-leading industrial gases company, today received funding from the Ministry of Economic Affairs, Industry, Climate Protection and Energy of the State of North Rhine-Westphalia (NRW) to build two […]

Japanese Investors Partner With I Squared Capital on US$370 Million Strategic Investment in Natural Gas Infrastructure to Accelerate the Energy Transition in India: – Japanese investors to take a minority stake in a Singapore-based holding company with investments in companies developing city gas distribution networks in India. – Transaction to provide fresh injection of equity […]

Inside the Controversy That’s Divided the Carbon Offsets Market: Science Based Targets initiative, the world’s main verifier of corporate climate targets, faced pressure to relax their carbon offset standards. Read more on Bloomberg.

Solugen Breaks Ground on Bioforge™ Marshall Facility, Bolstering U.S. Biomanufacturing Capabilities: “Today’s groundbreaking underscores our commitment to innovation and the future of biomanufacturing in the U.S.” The 500,000-square-foot Bioforge™ Marshall is being constructed on a 34-acre parcel adjacent to ADM’s existing corn processing complex. The facility will utilize ADM-sourced dextrose to manufacture low-carbon organic acids […]