Industry News

CapturePoint Announces Agreements with Energy Transfer for Carbon Capture and Storage in Louisiana: Agreements formalize a joint development framework and dedication of CO2 from additional Energy Transfer facilities in Louisiana ALLEN, Texas, May 08, 2024–(BUSINESS WIRE)–CapturePoint LLC and affiliate CapturePoint Solutions LLC, (together “CapturePoint“) with offices in Allen, Texas, today announced the signing of a […]

EnCap Energy Transition Closes $1.5 Billion Energy Transition Fund II: May 08, 2024 09:55 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–EnCap Energy Transition (EnCap) today announced it has successfully closed EnCap Energy Transition Fund II (EETF II) with commitments of approximately $1.5 billion. EnCap’s second energy transition fund was created to invest in solutions to decarbonize […]

HASI and KKR Establish $2 Billion Strategic Partnership to Invest in Sustainable Infrastructure Projects: May 07, 2024 04:15 PM Eastern Daylight Time ANNAPOLIS, Md. & NEW YORK–(BUSINESS WIRE)–Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“HASI,” “we,” “our” or the “Company”) (NYSE: HASI), a leading investor in climate solutions, and KKR, a leading global investment firm, today […]

CGG Announces Alliance with Baker Hughes Offering Carbon Capture & Storage Solutions: Paris, France – May 8, 2024         CGG has signed a Memorandum of Understanding with Baker Hughes, an energy technology company, at the 2024 Offshore Technology Conference (OTC) in Houston to facilitate the parties exploring jointly offered carbon capture & storage […]

Standard Lithium and Equinor Form Partnership to Develop South West Arkansas and East Texas Lithium Projects: Equinor Commits to Contribute up to a US$160 million Gross Investment for a 45% interest in two special purpose entities with SLI to develop a sustainable lithium business in the United StatesMay 08, 2024 08:00 ET | Source: Standard […]

Biden-Harris Administration Announces Final Rule to Cut Methane Emissions, Strengthen and Update Greenhouse Gas Emissions Reporting for the Oil and Gas SectorSOURCE: EPA Revisions to EPA’s Greenhouse Gas Reporting Program authorized by Congress will bring greater transparency and accountability for methane emissions from oil and natural gas facilities, one of the major drivers of climate […]

World Energy Announces Sustainable Aviation Fuel Agreement with Boston Consulting Group to Step Up … – PR Newswire: Five-year contract will deliver emissions reductions of 100,000 metric tons of CO2— equivalent to flying 177,000 economy-class passengers round trip between Boston and London1 100,000 metric tons of CO2 would represent more than half of BCG’s air […]

Addionics and IL Science Sign MOU to Develop Next-Gen High-Performance Lithium Metal Batteries: Shaping the Future of Power: The MOU between Addionics and IL Science paves the way toward major advances in lithium metal battery technology, accelerates the launch of high-performing, next-generation rechargeable batteries, and creates new opportunities for global battery manufacturers CUPERTINO, Calif., May […]

TPG Rise Climate to Acquire Olympus Terminals, Leading Renewable Fuels Logistics Provider: Modernized Import Infrastructure & Storage Firm Critical for Enabling Decarbonized Transportation May 07, 2024 09:33 AM Eastern Daylight Time SAN FRANCISCO & LONG BEACH, Calif.–(BUSINESS WIRE)–TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, today announced […]

Capital Power pulls plug on proposed $2.4B carbon capture and storage project: Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. The company says it has decided the project is technically viable but not economically feasible. Capital Power says […]