Industry News

Equilibrium Energy Raises $28M to Unlock Full Potential in Power Portfolio Management, and Launches its Flagship EQ Mission Control™ Software Platform March 12, 2025 01:06 PM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Equilibrium Energy, the leader in energy portfolio management capabilities and services for the power industry, today announced the successful close of a $28 million […]

Capture6 completes $27.5 million Series A and project funding round to scale the production of fresh water and carbon removalNews provided by Capture6 Mar 11, 2025, 08:00 ET The funding raise, led by Tetrad Corp., and joined by Hyundai Motor Group’s ZER01NE Ventures, Energy Capital Ventures, and Elemental Impact, among others, will support Capture6’s technology for […]

Spiritus Unleashes a ‘Golden Era’ of Carbon Removal to Power America’s Explosive Growth — $30M Series A to Scale Direct Air CaptureBacked by Aramco Ventures, Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures, Spiritus is set to transform carbon removal, turbocharging America’s AI-driven future with energy and infrastructure abundance without climate compromise. March 06, […]

Archrock to Acquire Natural Gas Compression Systems, Inc.March 10, 2025 17:53 ET | Source: Archrock Business includes approximately 351,000 horsepower, comprised of 316,000 operating horsepower and a 35,000 horsepower backlog of contracted new equipment Aligns with Archrock’s focus on large horsepower compression with blue-chip customers Complements and deepens Archrock’s existing operations in the Permian Basin […]

Eaton signs agreement to acquire Fibrebond Corporation, expanding reach into multi-tenant data center market March 11, 2025 06:45 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and […]

Renaissance Fusion raises €32 million ($33.2 million) in equity for the first closing of its Series A to accelerate the development of its nuclear fusion reactor and commercialize High Temperature Superconductors (HTS) The fund “Révolution Environnementale et Solidaire,” funded by Crédit Mutuel Alliance Fédérale’s societal dividend and managed by Crédit Mutuel Impact, led this round […]

Heidelberg Materials North America Announces Funding Commitment from Government of Canada in Support of its Groundbreaking Edmonton CCUS Project 03.07.2025 Heidelberg Materials North America is pleased to announce that the Government of Canada’s Innovation, Science and Economic Development Canada (ISED) department has committed to finalizing negotiations on a Contribution Agreement for the groundbreaking Carbon Capture, […]

NextDecade, Baker Hughes Enter Framework Agreement for Rio Grande LNG Expansion TrainsMarch 11, 2025 08:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) and Baker Hughes (NASDAQ: BKR) announced today that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor […]

Summit Midstream Corporation Announces the Acquisition of Moonrise Midstream and Provides DJ Basin Operational Update: HOUSTON, March 10, 2025 /PRNewswire/ — Summit Midstream Corporation (NYSE: SMC) (“Summit”, “SMC” or the “Company”)  announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC (“SMP Holdings”), has acquired Moonrise Midstream, LLC (“Moonrise” or “Moonrise Midstream”) from Fundare […]

WHITECAP RESOURCES AND VEREN TO COMBINE IN A $15 BILLION TRANSACTION TO CREATE A LEADING CANADIAN LIGHT OIL AND CONDENSATE PRODUCER March 10, 2025 CALGARY, ALBERTA – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and […]