Industry News

Project Canary and Tachyus Announce Partnership: Industry leaders bring groundbreaking approach to managing emissions data DENVER, June 18, 2024 /PRNewswire/ — Project Canary, a climate tech company focused on enterprise emissions data management, today announced a partnership agreement with Tachyus, a leading oil and gas emissions modeling, optimization, and reporting software provider, to revolutionize emissions data […]

BTG Pactual Timberland Investment Group to provide Microsoft with 8 million carbon removal credits: The transaction is the largest known carbon dioxide removal credit transaction to date, according to MSCI Carbon Markets data The credits will be delivered from the BTG Pactual Timberland Investment Group’s $1 billion reforestation and restoration strategy in Latin America, for […]

Archaea Energy and Republic Services celebrate first RNG plant in landmark partnership: Lightning Renewables joint venture targets bringing approximately 40 landfill gas-to-renewable natural gas plants online in coming years. Fort Wayne plant is the largest Archaea Modular Design in Indiana, processing up to 6,400 standard cubic feet of landfill gas per minute (scfm), enough energy […]

EverGen Power and Strategic Value Partners Launch North American Power Investments Partnership: Investments will focus on assets that play a critical role in improving grid stabilization and reliability HOUSTON and GREENWICH, Conn., June 17, 2024 /PRNewswire/ — EverGen Power (“EverGen”), a newly-formed power generation acquisition advisory firm, and Strategic Value Partners, LLC (“SVP”), a global […]

Mountain Valley Pipeline Begins Operations: Natural Gas Transmission Line Enters Service to Meet Public Demand and Promote the National Interest June 14, 2024 10:36 AM Eastern Daylight Time CANONSBURG, Pa.–(BUSINESS WIRE)–The Mountain Valley Pipeline (MVP) entered service today after satisfying all applicable legal and regulatory requirements, including all applicable in-service conditions of the U.S. Pipeline […]

McDermott Selected by Abraxas Power for Canada’s First Commercial Green Hydrogen and Ammonia Production Facility: HOUSTON, June 17, 2024 /PRNewswire/ — McDermott has been awarded an Early Contractor Involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project located in Central Newfoundland. The project represents Canada’s first commercial green […]

Tiger Infrastructure Partners Fund III Closes Growth Capital Investment with the Acquisition of Unison Energy, a Fully-integrated Energy-as-a-Service Microgrid Platform: Tiger Infrastructure Partners Fund III Closes Growth Capital Investment with the Acquisition of Unison Energy, a Fully-integrated Energy-as-a-Service Microgrid Platform USA – English News provided by Tiger Infrastructure Partners Jun 17, 2024, 08:00 ET NEW […]

Hitachi Energy to invest additional $4.5 billion by 2027 to accelerate the clean energy transition: Hitachi Energy to invest additional $4.5 billion by 2027 to accelerate the clean energy transitionOrder backlog more than tripled to over $30 billion since 2020 — More than double new investments in manufacturing, engineering, digital, R&D and partnerships across all […]

Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary: June 14, 2024 08:30 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today it has agreed to sell its 25% non-operated common equity interest in Rockies Express Pipeline LLC (REX) to a subsidiary of Tallgrass Energy, LP […]

Aramco and NextDecade Announce Heads of Agreement for the 1.2 MTPA Long-Term Offtake of LNG from the Rio Grande LNG Facility: June 13, 2024 06:00 AM Eastern Daylight Time HOUSTON, Texas & DHAHRAN, Saudi Arabia–(BUSINESS WIRE)–Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation (NextDecade) (Nasdaq: NEXT) announced today that […]