Industry News

CS Energy and Calibrant Energy Complete Three Battery Storage Projects, Improving New York’s Energy Resilience: Innovative installations in Westchester County will provide critical grid support during peak demand. EDISON, N.J., Feb. 4, 2025 /PRNewswire/ — CS Energy and Calibrant Energy announce the completion of a portfolio of three stand-alone Battery Energy Storage Systems (BESS) in Westchester […]

The pharmaceutical program, Energize, partners with X-ELIO to advance its climate goals: X-ELIO has reached an agreement with Thermo Fisher Scientific, Haleon, Gilead Sciences and GSK to supply 245 GWh of renewable energy annually for 10 years through a multi-buyer PPA under the Energize program X-ELIO will supply clean energy to this cohort through its Lorca […]

Aymium Closes $150 Million Financing With Bedrock Industries: Financing will accelerate growth of global leader in biocarbon products February 04, 2025 07:00 AM Eastern Standard Time ST. PAUL, Minn. & MIAMI–(BUSINESS WIRE)–Aymium, the leading producer of renewable biocarbon products, announced today the successful completion of a five-year, $150 million financing from a wholly owned subsidiary […]

Liberty Energy Inc. Announces Chief Executive Officer and Chairman Changes: February 03, 2025 07:32 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has appointed Ron Gusek as Chief Executive Officer and as a member of the Board of Directors. Additionally, […]

Viper Energy, Inc., A Subsidiary of Diamondback Energy, Inc., Announces Drop Down Transaction and Operations UpdateJanuary 30, 2025 16:01 ET | Source: Viper Energy, Inc. MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today provided an update on Q4 […]

ExxonMobil Announces 2024 Results Business transformation drove industry-leading 2024 financial performance1Delivered $33.7 billion in earnings and $55.0 billion in cash flow from operations – third best year in a decadeAchieved record production in Permian and Guyana, and record sales volumes of high-value productsDistributed $36.0 billion to shareholders – more than all but five companies in […]

Chevron Reports Fourth Quarter 2024 Results Reported earnings of $3.2 billion; adjusted earnings of $3.6 billionReturned record $27 billion cash to shareholders in 2024Increased 2024 worldwide and U.S. production by 7 and 19 percent to record levelsDelivered key project start-ups and milestones in the U.S. and KazakhstanAnnounced a 5 percent increase in quarterly dividend to […]

ONEOK Announces Joint Ventures with MPLX to Build LPG Export Terminal at Premier Location on U.S. Gulf CoastNews provided by Oneok, Inc. Feb 04, 2025, 06:42 ET Expands and Extends Integrated NGL Value Chain TULSA, Okla., Feb. 4, 2025 /PRNewswire/ — ONEOK, Inc. (NYSE: OKE) and MPLX LP (NYSE: MPLX) have entered into definitive agreements to […]

U.S. Energy Development Corporation to Deploy Up to $1 Billion in the Permian Basin During 2025News provided by U.S. ENERGY DEVELOPMENT CORPORATION Feb 03, 2025, 08:06 ET USEDC 2024 deployment nears $800 million FORT WORTH, Texas, Feb. 3, 2025 /PRNewswire/ — U.S. Energy Development Corporation (“USEDC”), an exploration and production company focused on the development of […]

Quinbrook to Construct Second Nationally Significant Infrastructure Project in Solar Power in East MidlandsThe GBP 240 Million Mallard Pass project is expected to begin construction in 2026 and commence operations in 2028 February 03, 2025 01:00 AM Eastern Standard Time LONDON–(BUSINESS WIRE)–Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the infrastructure […]