Industry News

Sinopec Completes Construction of China’s Largest Petrochemical Industrial Base: Refining Capacity of the Base Surpasses 50 Million Tons per Year NINGBO, China, Dec. 25, 2024 /PRNewswire/ — China Petroleum & Chemical Corporation‘s (HKG: 0386, “Sinopec”) recently announced the mechanical completion of the second-phase expansion and advanced materials project at its Zhenhai Refinery. This milestone sets […]

Berry Corporation Announces Successful Completion of Refinancing Transactions, Extending Debt Maturities: DALLAS, Dec. 26, 2024 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced the closing of a comprehensive refinancing of its existing indebtedness on December 24, 2024 (the “Transactions”), providing the Company with capital and liquidity to continue progressing Berry’s […]

NovoHydrogen to Bring Green Hydrogen to Pacific Northwest Hydrogen HubDecember 23, 2024 GOLDEN, Colo., December 23, 2024 —NovoHydrogen is pleased to announce that the Express Ranch Hydrogen project in Oregon has signed a subrecipient agreement to receive initial federal funding and commence activities for the first phase of the project. This initiative is part of […]

ADNOC Signs 15-Year, 0.6 mtpa Sales and Purchase Agreement with EnBW for Ruwais LNG Project December 16, 2024 Abu Dhabi SPA with one of Germany’s largest energy infrastructure operators converts previous Heads of Agreement into a binding agreement Over 8 mtpa of Ruwais LNG’s 9.6 mtpa production capacity is committed to international customers through long-term […]

JET Charge raises AUD72M to step up Australasia’s transition to electric vehicles (EV) 19 December 2024 Equity investment led by Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, through its Mirova Energy Transition Fund 6 (MET6), along with backing from existing shareholders the Clean Energy Finance Corporation, RACV and Kilara Capital.The capital […]

Commission approves €3 billion German-Dutch State aid scheme to support the production of renewable fuels of non-biological originPress release Dec 17, 2024 Brussels  The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world. […]

Trane Technologies to Acquire BrainBox AI Dec 18, 2024 Combines BrainBox AI’s leading Artificial Intelligence technology with Trane Technologies’ advanced building management and digital capabilities to meet fast-growing demand for sustainable, autonomous building solutionsAccelerates and scales smart building technologies that reduce demand-side energy consumption and greenhouse gas (GHG) emissions SWORDS, Ireland–(BUSINESS WIRE)– Trane Technologies (NYSE: […]

Golar Acquires All Outstanding Minority Interests in the FLNG Hilli: Golar LNG Limited (“Golar” or “the Company”) is pleased to announce that the company has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The acquisitions comprise all third-party interests in the asset, including a total of 5.45% common units, 10.9% […]

FREYR Battery Closes Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets December 24, 2024 05:30 AM Eastern Standard Time NEW YORK & NEWNAN, Ga.–(BUSINESS WIRE)–FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) today announced the closing of the Company’s acquisition of the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”) […]

Venture Global’s Plaquemines LNG Achieves Historic First LNG Production News provided by Venture Global LNG Dec 14, 2024, 03:31 ET America’s 8th LNG export facility reaches production 30 months from FID ARLINGTON, Va., Dec. 14, 2024 /PRNewswire/ — Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in […]