Industry News

U.S. Energy Development Corporation Completes Corporate Refinancing with $165 Million Syndicated Revolving Credit Facility led by Citibank, N.A.: The new syndicated facility provides USEDC with an additional source of capital to support its continued growth. FORT WORTH, Texas, Feb. 13, 2025 /PRNewswire/ — U.S. Energy Development Corporation (“USEDC”), an exploration and production company focused on […]

Williams Achieves Another Year of Record Results and Raises 2025 Financial Guidance:  February 12, 2025 04:17 PM Eastern Standard Time TULSA, Okla.–(BUSINESS WIRE)–Williams (NYSE: WMB) today announced its unaudited financial results for the three and 12 months ended Dec. 31, 2024. Business strength drives year-over-year financial growth GAAP net income: $2.222 billion, or $1.82 per […]

Aker Carbon Capture AS: Fourth quarter 2024 results: FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ — Aker Carbon Capture ASA (ACC ASA) ended the fourth quarter 2024 with NOK 4.6 billion in cash and a equity position at NOK 5.5 billion. The Company reported net profit of NOK 21 million in the quarter. Reference is made […]

Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel: RENO, Nev., Feb. 13, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA), (“Ormat” or the “Company”) a leading geothermal and renewable energy technology company, today announced that it has won a tender issued by the Israeli Electricity Authority and has been awarded […]

Expand Energy Corporation Appoints Dan Turco Executive Vice President, Marketing & Commercial: OKLAHOMA CITY, Feb. 13, 2025 (GLOBE NEWSWIRE) — Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy”) today announced that Dan Turco has been appointed Executive Vice President, Marketing & Commercial, effective February 18, 2025. “With nearly two decades of experience in global upstream natural […]

Bloom Energy and Chart Industries Announce Groundbreaking Carbon Capture Partnership: Partnership Will Pave the Way for a Cost-Effective Path to Decarbonization Using Natural Gas and Sequestration Offers Scalable, Near-Zero Approach That Uses Existing Fuel Infrastructure to Meet Today’s Urgent Energy Needs February 13, 2025 09:00 AM Eastern Standard Time SAN JOSE, Calif.–(BUSINESS WIRE)–Bloom Energy (NYSE: […]

Louth Callan Renewables Begins Construction on the 28MW Mousam Solar Project in Sanford, Maine: SANFORD, Maine, Feb. 13, 2025 /PRNewswire/ –Louth Callan Renewables, a leading renewable energy construction company, is pleased to announce the commencement of construction on the 28-megawatt (MW) Mousam Solar project in Sanford, Maine. This project represents another significant step in advancing […]

U.S. Department of Energy Secretary Chris Wright Announces Key Senior Staff Appointments: Today, U.S. Secretary of Energy Chris Wright announced key appointments to the Department’s senior leadership team, naming experienced professionals who will lead efforts to advance President Trump’s energy agenda. Energy.gov February 6, 2025 WASHINGTON— Today, U.S. Secretary of Energy Chris Wright announced key appointments […]

U.S. Department of Energy Announces Selectees for $107 Million Fusion Innovation Research Engine Collaboratives, and Progress in Milestone Program Inspired by NASANew Awards from DOE Will Support Acceleration of Commercial Fusion Energy Toward Viability Energy.gov January 16, 2025 WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced $107 million in funding for six projects […]

NOG Provides Fourth Quarter 2024 Operational Update; Provides Initial 2025 Capital and Production Guidance; Announces Signing of $40 Million Bolt-On Acquisition in First Quarter February 12, 2025 06:45 PM Eastern Standard Time MINNEAPOLIS–(BUSINESS WIRE)–Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced a fourth quarter 2024 operations update and is providing […]