Industry News

LPO Announces Conditional Commitment to Pacific Gas & Electric Company to Expand Hydropower Generation, Battery Energy Storage, and TransmissionNew Section 1706 Loan Guarantee Will Maintain Affordability for Customers and Improve System Resilience and Reliability Loan Programs Office December, 17 2024 As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s Loan […]

DOE Announces $9.63 Billion Loan to BlueOval SK to Further Expand US Manufacturing of Electric Vehicle BatteriesLPO Loan will Finance Construction of Three Manufacturing Plants in Tennessee and Kentucky to Scale Battery Production, Create New, Good-Paying, High-Quality Jobs and Deliver New Economic Opportunities Loan Programs Office  December, 16 2024 As part of the Biden-Harris Administration’s […]

Talos Energy Sells Additional Stake in Zama to Grupo Carso; Enters into a Cooperation Agreement with Control Empresarial and Terminates Stockholders Rights Plan: HOUSTON, Dec. 17, 2024 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) and its Mexican subsidiary (“Talos Mexico”) today announced the sale of an additional 30.1% interest in Talos […]

Kosmos Energy Statement Regarding Possible Offer for Tullow Oil plc December 17, 2024 05:30 AM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Further to the announcements made by Tullow Oil plc (“Tullow”) and Kosmos Energy Ltd. (“Kosmos”) in relation to very preliminary discussions about Kosmos’ possible offer for Tullow, Kosmos now confirms that it does not intend to […]

Natron Energy Announces Appointment of Wendell Brooks as Chief Executive Officer: Founder Colin Wessells to serve as Chief Technology and Product Officer December 17, 2024 08:00 AM Eastern Standard Time SANTA CLARA, Calif.–(BUSINESS WIRE)–Natron Energy, Inc. (“Natron” or “the Company”), a global leader in sodium-ion battery technology, today announced the appointment of Wendell Brooks as […]

Frontier Buyers Sign $80M in Offtake Agreements with CO280 and CREW CarbonDecember 17, 2024 CO280 and CREW Carbon (CREW) will remove a total of 296,378 tons of CO₂ on behalf of Frontier members by 2030.Industrial retrofits alone could remove over 1 billion tons of CO₂ per year at low cost. Frontier has facilitated $80 million […]

Focused Energy and Amplitude Enter $40 Million Agreement to Advance High-Energy Lasers Beyond the State-of-the-Art for Inertial Fusion Energy: Laser systems will be installed at Focused Energy’s Laser Development Facility in the Bay Area enabling key technology risk reduction on path to commercialization SAN FRANCISCO, Dec. 17, 2024 /PRNewswire/ — Focused Energy, the company pursuing […]

Vitesse Energy to Acquire Lucero Energy in Accretive All-Stock Transaction Supporting Increase to Vitesse’s Dividend HIGHLIGHTS Following closing, acquisition of Lucero is expected to be immediately accretive to Vitesse’s earnings, operating cash flow, free cash flow and net asset value Subject to board approval and closing the transaction, Vitesse expects to increase its cash dividend […]

NorthWestern Energy Announces Agreement With Data Center Developer in Montana: December 17, 2024 07:00 AM Eastern Standard Time SIOUX FALLS, S.D. & BUTTE, Mont.–(BUSINESS WIRE)–NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is pleased to announce it signed a letter of intent to provide energy services for a developer planning new data centers in […]

Silfab Solar, Nexamp Announce U.S.-Made Solar Supply Agreement: News provided by Silfab Solar Dec 17, 2024, 08:02 ET BURLINGTON, Wash., Dec. 17, 2024 /PRNewswire/ — Silfab Solar Inc., North America’s leading PV module manufacturer, today announced a supply agreement with Nexamp, an independent renewable energy provider and one of the nation’s largest community solar developers, […]