Industry News

EverGen Power and Strategic Value Partners Launch North American Power Investments Partnership: Investments will focus on assets that play a critical role in improving grid stabilization and reliability HOUSTON and GREENWICH, Conn., June 17, 2024 /PRNewswire/ — EverGen Power (“EverGen”), a newly-formed power generation acquisition advisory firm, and Strategic Value Partners, LLC (“SVP”), a global […]

Mountain Valley Pipeline Begins Operations: Natural Gas Transmission Line Enters Service to Meet Public Demand and Promote the National Interest June 14, 2024 10:36 AM Eastern Daylight Time CANONSBURG, Pa.–(BUSINESS WIRE)–The Mountain Valley Pipeline (MVP) entered service today after satisfying all applicable legal and regulatory requirements, including all applicable in-service conditions of the U.S. Pipeline […]

McDermott Selected by Abraxas Power for Canada’s First Commercial Green Hydrogen and Ammonia Production Facility: HOUSTON, June 17, 2024 /PRNewswire/ — McDermott has been awarded an Early Contractor Involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project located in Central Newfoundland. The project represents Canada’s first commercial green […]

Tiger Infrastructure Partners Fund III Closes Growth Capital Investment with the Acquisition of Unison Energy, a Fully-integrated Energy-as-a-Service Microgrid Platform: Tiger Infrastructure Partners Fund III Closes Growth Capital Investment with the Acquisition of Unison Energy, a Fully-integrated Energy-as-a-Service Microgrid Platform USA – English News provided by Tiger Infrastructure Partners Jun 17, 2024, 08:00 ET NEW […]

Hitachi Energy to invest additional $4.5 billion by 2027 to accelerate the clean energy transition: Hitachi Energy to invest additional $4.5 billion by 2027 to accelerate the clean energy transitionOrder backlog more than tripled to over $30 billion since 2020 — More than double new investments in manufacturing, engineering, digital, R&D and partnerships across all […]

Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary: June 14, 2024 08:30 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today it has agreed to sell its 25% non-operated common equity interest in Rockies Express Pipeline LLC (REX) to a subsidiary of Tallgrass Energy, LP […]

Aramco and NextDecade Announce Heads of Agreement for the 1.2 MTPA Long-Term Offtake of LNG from the Rio Grande LNG Facility: June 13, 2024 06:00 AM Eastern Daylight Time HOUSTON, Texas & DHAHRAN, Saudi Arabia–(BUSINESS WIRE)–Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation (NextDecade) (Nasdaq: NEXT) announced today that […]

Venture Global Announces Landmark Energy Security Agreement with DTEK of Ukraine: ARLINGTON, Va., June 13, 2024 /PRNewswire/ — Today, Venture Global and D. TRADING (commercial arm of DTEK Group) announced the execution of a comprehensive Heads of Agreement (HOA) for the supply of U.S. liquefied natural gas (LNG) to Ukraine and Eastern Europe. The HOA […]

ENGIE Unveils Key Trends for Renewable Energy Buying in North America: Second annual Business Energy Census highlights growing demand for renewables, strategic focus and expectations of higher prices and volatility HOUSTON, June 13, 2024 /PRNewswire/ — ENGIE Resources, a leading commercial electricity provider and America’s Energy Greentailer™, in collaboration with Energy Research Consulting Group (“ERCG”), […]

Blackstone to Acquire SEDIVER Parent Company SEVES Group from Triton Partners – blackstone.com: LONDON, UK and LUXEMBOURG, LUXEMBOURG – June 6, 2024 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire SEVES Group S.à r.l, the parent company of SEDIVER Group (“SEDIVER” […]