Industry News

Commonwealth Fusion Systems to Build World’s First Commercial Fusion Power Plant in Virginia: ●  CFS will independently finance, build, own, and operate the grid-scale fusion power plant in Chesterfield County, Virginia. ●  Dominion Energy Virginia will provide non-financial collaboration, including development and technical expertise as well as leasing rights for the proposed site. DEVENS, Mass., Dec. […]

Vistra Connects Two Utility-Scale Solar Facilities to Grid and Extends Operations of Baldwin Power Plant in Response to Reliability Concerns in MISO News provided byVistra Corp Dec 17, 2024, 16:30 ET The company will operate Baldwin into 2027, slightly longer than previously announced IRVING, Texas, Dec. 17, 2024 /PRNewswire/ — Vistra (NYSE: VST) today announced […]

Brigham Exploration Acquires Great Western Drilling Ltd.’s Non-Operated Assets in the Permian Basin: Dec 17, 2024, 11:59 ET AUSTIN, Texas, Dec. 17, 2024 /PRNewswire/ — Affiliates of Brigham Exploration (“BEXP”), a leading non-operated oil & gas company, announced today the acquisition of Great Western Drilling Ltd.’s (“GWDC”) non-operated assets in Texas and New Mexico. The combination […]

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 […]