Industry News

Phillips 66 announces agreement to sell interest in Gulf Coast Express: December 16, 2024 07:15 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an […]

Primergy’s Prairie Mist Solar Project Reaches Commercial Operation: December 18, 2024 10:00 AM Eastern Standard Time OAKLAND, Calif.–(BUSINESS WIRE)–Primergy Solar LLC (“Primergy”), a leading developer, owner, and operator of utility-scale solar and energy storage projects, announced today that its 100 MWac solar project in Ashley County, Arkansas is fully operational. The project, called Amazon Solar […]

Woodside Simplifies Portfolio and Unlocks Long-Term Value: December 18, 2024 06:39 PM Eastern Standard Time PERTH, Australia–(BUSINESS WIRE)–Woodside and Chevron have agreed to an asset swap under which Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project, the NWS Oil Project and the Angel Carbon Capture and Storage (CCS) Project, and transfer […]

Convergent Energy and Power Receives Conditional Commitment from LPO to Build Solar PV and Energy Storage in Puerto RicoConvergent’s solar and energy storage systems are expected to enhance Puerto Rico’s grid resilience, lower energy costs, and reduce the need for fossil fuel generation December 18, 2024 04:13 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Convergent Energy […]

Technip Energies and LanzaTech Awarded Funding from the U.S. Department of Energy for Commercializing Breakthrough CO2 to Ethylene Technology: December 18, 2024 15:00 ET | Source: LanzaTech Inc.Follow CHICAGO, Dec. 18, 2024 (GLOBE NEWSWIRE) — Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”) announced that the U.S. Department of Energy (DOE) Office of […]

Oklo and Switch Form Landmark Strategic Relationship to Deploy 12 Gigawatts of Advanced Nuclear Power, One of the Largest Corporate Clean Power Agreements Ever Signed Oklo and Switch have signed one of the largest corporate power agreements in history, a 12-gigawatts non-binding Master Power Agreement. This milestone agreement demonstrates a shared commitment to advancing sustainable […]

rPlus Energies Announces Two Major Financing Milestones: Latest financing for rPlus Energies pushes annual total to nearly $2 billion across multiple transactions December 18, 2024 09:00 AM Eastern Standard Time SALT LAKE CITY–(BUSINESS WIRE)–rPlus Energies today announced the successful closing of $304 million in new financing facilities, including a $179 million construction debt facility for […]

ZENRG Services, Inc. Secures Series A Funding to Accelerate Growth and Reduce Emissions for the Energy Industry: HOUSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) — ZENRG Services Inc., a leading provider of emission reduction services for energy industry operations, has secured Series A funding to accelerate its market expansion and product innovation. The investment, led by EIC Rose […]

X-energy Selects Geiger Brothers for $40.8 Million Site Development Phase of TRISO-X Fuel Fabrication Plant in Oak Ridge, Tennessee: December 18, 2024 11:50 AM Eastern Standard Time OAK RIDGE, Tenn.–(BUSINESS WIRE)–X-energy Reactor Company, LLC (“X-energy” or the “Company”), and its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), today announced the selection of Geiger Brothers, Inc. to develop […]

SWEPCO Expands Generation Capacity with New Power PlantsNews provided by American Electric Power Dec 18, 2024, 10:16 ET SHREVEPORT, La., Dec. 18, 2024 /PRNewswire/ — Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval. These initiatives are […]