Monthly Archives August 2024

Apollo Funds, together with Rettig, complete the acquisition of a 94.53% stake in Purmo Group Plc NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds associated with its Clean Transition Equity strategy, together with strategic minority co-investor Rettig Oy Ab (“Rettig”), have through the special purpose vehicle Project […]

Enel begins operating Stampede solar-plus-storage project, supported by Nestlé investmentEnel North America secured a tax equity investment from Nestlé that enabled the completion of the Stampede solar-plus-storage project in Texas. This is Enel’s second tax equity deal with Nestlé, after a 2023 agreement for the Ganado solar-plus-storage project, also in Texas. Andover, MA – August […]

LYB to Acquire APK AG Recycling Technology: Expands Company’s Technology Portfolio and Circular Hub Acquisition increases LYB Circular and Low Carbon Solutions Business and diversification of innovative recycling technologies Transaction encompasses existing assets and planned growth projects ROTTERDAM, Netherlands, Aug. 22, 2024 /PRNewswire/ — LyondellBasell (LYB) today announced it entered into an agreement to acquire full […]

ADNOC Signs Long-Term Heads of Agreement with Osaka Gas for Ruwais LNG Project LNG supply agreement for 0.8mmtpa marks ADNOC’s first long-term LNG deal with Japan’s Osaka Gas To date ADNOC has secured LNG sales commitments for 70% of the project’s total production capacity, reinforcing its position as a reliable global supplier of natural gas […]

ADNOC, PETRONAS and Storegga to Collaborate on Offshore Carbon Capture and Storage in MalaysiaGlobal leaders in carbon capture and storage sign joint study and development agreement for saline aquifers in the Penyu basin, offshore Peninsular Malaysia Joint agreement aims to locate and evaluate suitable geological formations for safe and permanent storage of at least 5 […]

Barrio Energy Announces Acquisition of 12MW Data Center in Tyler, TX: TYLER, Texas , Aug. 22, 2024 /PRNewswire/ — Barrio Energy is excited to announce the successful closing and commencement of rehabilitation work on its latest project, a state-of-the-art 12MW data center located just west of downtown Tyler, Texas. This project, which transforms a building within […]

Avantus and Toyota Tsusho America Begin Construction of Norton Solar Project: Norton to bring over 250 construction jobs and economic benefits to Central TexasNew financing from Mitsubishi UFJ Financial Group demonstrates continued confidence in renewable energy projects August 22, 2024 09:00 AM Eastern Daylight Time EL DORADO HILLS, Calif. & NEW YORK–(BUSINESS WIRE)–Today, Avantus (formerly […]

Chevron Builds on CCS Portfolio With Greenhouse Gas Assessment Permit Offshore Australia: August 22, 2024 09:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Australia New Ventures Pty Ltd (Chevron), has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia. The permit award provides further opportunity for Chevron […]

Element 1 Corp., TYCROP, and H2 Portable Sign MOU to Advance Hydrogen Power Solutions: August 21, 2024 07:00 AM Eastern Daylight Time BEND, Ore.–(BUSINESS WIRE)–Element 1 Corp., a leading developer of advanced hydrogen generation technology, TYCROP Manufacturing Ltd, a North American leader known for bringing to life innovative industrial equipment solutions, and H2 Portable Power […]

NextDecade Withdraws Carbon Capture and Storage Application at FERC August 20, 2024 05:00 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its subsidiary Rio Grande LNG, LLC withdrew its application at the Federal Energy Regulatory Commission (FERC) for the proposed carbon capture and storage (CCS) project at […]