Industry News

WOODSIDE AND JERA SIGN AGREEMENT FOR LONG-TERM LNG SUPPLY  Wednesday, 18 September 2024   Woodside has signed a sale and purchase agreement (SPA) with JERA for the long-term supply of liquefied natural gas (LNG) to Japan.  Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on […]

WhiteHawk Energy Announces Natural Gas Mineral and Royalty Acquisition of 435,000 Gross Unit Acres in Core of Marcellus Shale WhiteHawk closes acquisition of additional Marcellus Shale natural gas mineral and royalty assets adding interests in approximately 435,000 gross unit acres Acquisition expands WhiteHawk’s natural gas mineral and royalty ownership into West Virginia, adding Antero Resources […]

Bayou Midstream II Secures Equity Commitment From EIV Capital: September 18, 2024 08:30 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Bayou Midstream II, LLC (“Bayou II”) today announced an equity commitment from EIV Capital, LLC (“EIV”) following their successful partnership for Bayou Midstream, LLC (“Bayou I”). Headquartered in Houston, Bayou II is an independent energy company focused […]

Arbor Signs Multi-year Agreement to Deliver Carbon Removal Credits to Microsoft: Agreement will deliver 25,000 tons of permanent CO2 removal while generating over 5 megawatts (MW) of clean baseload electricity through Arbor’s novel, modular power system September 18, 2024 11:35 AM Eastern Daylight Time EL SEGUNDO, Calif.–(BUSINESS WIRE)–Arbor, a carbon-negative power company, today announced an […]

Frontier facilitates fourth round of carbon removal prepurchasesSeptember 18, 2024 Frontier has facilitated $4.5M of carbon removal prepurchases from 9 companies—Alithic, Alt Carbon, Anvil, Capture6, Exterra Carbon Solutions, Flux, NULIFE, Planeteers, and Silica—on behalf of buyers Stripe, Shopify, Alphabet, H&M Group, and Match (via Watershed). Carbon removal and existing industries A significant number of companies […]

BTG Pactual Timberland Investment Group and Meta Announce Long-Term Contract for Delivery of 1.3 Million Nature-Based Carbon Removal Credits, With Options for Delivery of Additional 2.6 Million Credits: September 18, 2024 10:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Today, the BTG Pactual Timberland Investment Group (BTG Pactual TIG) announced a long-term contract with Meta for […]

BlackRock, Global Infrastructure Partners, Microsoft, and MGX Launch New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure $100 billion investment potential will enhance American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth September 17, 2024 04:24 PM Eastern Daylight Time NEW YORK & REDMOND, Wash. […]

Arevon Secures $351 Million Financing Package for its Gibson Solar Project in Indiana: Arevon closes its sixth transaction in the last year totaling $3 billion in project financings SCOTTSDALE, Ariz. and PRINCETON, Ind., Sept. 17, 2024 /PRNewswire/ — Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, has closed financing on a $351 […]

8 Rivers Secures Investment from JX Nippon for First Commercial Deployment of the Calcite Direct Air Capture Technology: DURHAM, N.C., Sept. 17, 2024 (GLOBE NEWSWIRE) — 8 Rivers Capital, LLC, a world-leading decarbonization technology and project developer, announced an investment from JX Nippon Oil Exploration (U.S.A.) Limited, an affiliate company of JX Nippon Oil & […]

SCF Acquires Newpark Fluids Systems: September 13, 2024 08:40 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full […]