Industry News

GridStor Announces Acquisition of Texas Battery Energy Storage Project From Balanced Rock Power150 MW / 300 MWh acquisition will help the region meet rising power demand from data centers and other large customers February 03, 2025 09:00 AM Eastern Standard Time PORTLAND, Ore.–(BUSINESS WIRE)–GridStor, a developer and operator of utility-scale battery energy storage systems, announced […]

Crescent Energy Closes Accretive Central Eagle Ford Bolt-On: January 31, 2025 04:50 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”), today announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 […]

Blastr Green Steel completes partner financing round for ultra-low CO2 steel value chain: HELSINKI, Feb. 3, 2025 /PRNewswire/ –Blastr Green Steel (Blastr) has successfully completed a second strategic partner financing round, advancing the development of a European integrated ultra-low CO2 steel value chain with its flagship steel plant in Finland.   The partner financing round […]

Baker Hughes and Hanwha Announce Partnership to Develop Small-Size Ammonia Turbines: Agreement to focus on creation of 100% ammonia combustion dual fuel with natural gas small-size turbines Ammonia is a low-carbon fuel that can play a critical role in decarbonizing hard-to-abate sector, including marine transportation Collaboration to deliver efficiency comparable to reciprocating engines while minimizing […]

Argent LNG Selects Baker Hughes as Technology Provider, Strengthening Project: Baker Hughes to supply liquefaction solutions utilizing NMBL™ module and LM9000 gas turbine Agreement also comprises a multi-year services plan, including iCenter™ digital solutions powered by Cordant™, to support Argent LNG terminal operations Proposed project targets approximately 24 million tonnes per annum (MTPA) of production […]

ArcLight Announces $865 Million Acquisition of Strategic Pipeline Interest: BOSTON, Feb. 3, 2025 /PRNewswire/ — ArcLight Capital Partners, LLC and affiliates (collectively, “ArcLight”) announced today that it has completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline LLC (“GCX”) for $865 million from an affiliate of Phillips 66 (NYSE: PSX).  Going […]

Li-Cycle Further Expands Commercial Footprint in EU with Additional Exclusive Recycling Partnership for its Germany SpokeExclusive recycling agreement with an additional leading, global electric vehicle manufacturer provides further feedstock from another EU country for the Company’s Germany Spoke February 03, 2025 08:30 AM Eastern Standard Time TORONTO–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the […]

Talos Energy Appoints Paul Goodfellow as President, Chief Executive Officer and Board Member: HOUSTON, Feb. 3, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced that it has appointed Paul Goodfellow as President, Chief Executive Officer and a member of the Talos Board of Directors, effective March 1, 2025. Mr. […]

Diamondback Energy, Inc. Announces Appointment to the Board of Directors: MIDLAND, Texas, Feb. 03, 2025 (GLOBE NEWSWIRE) — Travis Stice, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”), is pleased to announce that effective February 3, 2025, the Company added Darin G. Holderness to the […]

OPAL Fuels Appoints Kazi Hasan as Chief Financial Officer: Proven energy industry executive brings over 25 years of extensive financial, operational, and strategic leadership experience in energy sector to drive disciplined growth and value creation February 03, 2025 04:15 PM Eastern Standard Time WHITE PLAINS, N.Y.–(BUSINESS WIRE)–OPAL Fuels Inc. (Nasdaq: OPAL), today announced the appointment […]