Industry News

Heirloom Raises $150 Million Series B to Rapidly Scale Commercial Direct Air Capture: Investors include premier growth investors, global industrial conglomerates, aviation, shipping, automotive, and manufacturing companiesDecember 04, 2024 07:00 AM Eastern Standard Time BRISBANE, Calif.–(BUSINESS WIRE)–Heirloom, America’s leading Direct Air Capture (DAC) technology provider, has raised $150 million in Series B funding. The round […]

Gradient Geothermal Partners with Chord Energy on North Dakota Industrial Commission-backed Geothermal Project: Chord Energy utilizes Gradient Geothermal’s technology to cool produced fluids and help power an oil and gas facility in the Williston Basin, North Dakota December 04, 2024 10:00 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Gradient Geothermal (“Gradient” or the “Company”), a Denver, Colorado-based […]

Apollo Funds Acquire 50% Stake in 2 GW Texas Solar and BESS Portfolio from TotalEnergiesDecember 04, 2024 09:00 ET| Source: Apollo Global Management, Inc. NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have agreed to acquire a 50% stake in a […]

Crescent Energy Announces Accretive Central Eagle Ford Bolt-On: December 03, 2024 04:12 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject […]

ExxonMobil Announces Leadership Changes Liam Mallon to retire after 34 years of service Dan Ammann appointed President, Upstream Company Barry Engle appointed President, Low Carbon Solutions December 03, 2024 11:30 AM Eastern Standard Time SPRING, Texas–(BUSINESS WIRE)–ExxonMobil (NYSE: XOM) today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation, […]

carbmee secures €20M funding for AI-driven carbon emission reportingBerlin, December 3, 2024: carbmee’s centralised platform enables companies to manage, reduce, and report on their carbon emissions with accuracy and efficiency. AI-powered carbon management software company carbmee has raised a €20 million funding round. Typically, organisations struggle to track their carbon footprint effectively or accurately, due […]

New horizon for Arkolia with Mirova and BNP Paribas Asset Management (BNPP) joining forces to invest more than €200M Published on 11/27/2024 Press releases Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, and BNP Paribas Asset Management, announced they each acquired an equal, large equity stake with equal governance rights in the […]

Stegra and Uniper enter 6 TWh electricity agreement Stegra and Uniper have signed a long-term agreement for the supply of 6 TWh of electricity to Stegra’s plant in Northern Sweden. In a long-term power purchase agreement (PPA) with Uniper, Stegra secures a yearly supply of electricity produced over the 6-year period ranging from 2027-2032, covering […]

Enbridge Announces 2025 Financial Guidance, 3% Dividend Increase and Reaffirms Near-term Growth OutlookNews provided byEnbridge Inc. Dec 03, 2024, 07:01 ET CALGARY, AB, Dec. 3, 2024 /PRNewswire/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today its 2025 financial guidance and an annualized common share dividend increase from $3.66 to $3.77 […]

Xpansiv Launches Carbon Removals-Only Trading on its CBL Spot Exchange and Xpansiv Connect™ Portfolio Management System Participants can create a discrete, removals-only market view to trade nature and technology removal credits on Xpansiv’s CBL spot exchange Participants can separately aggregate and manage removals positions on the Xpansiv Connect multi-registry portfolio management system 75,000 Anew Climate […]