Industry News

Ovintiv Strengthens Portfolio with Core Oil-Rich Montney Asset Acquisition: Nov 14, 2024, 06:00 ET Transaction to Significantly Expand Existing Montney Premium Oil Inventory, Company to Exit Uinta Basin with Asset SaleHighlights: Agreement reached to acquire approximately 109,000 net acres and approximately 70 thousand barrels of oil equivalent per day (“MBOE/d”) in the core of the […]

FourPoint Resources, Quantum Capital Group and Kayne Anderson to Acquire Ovintiv Uinta Basin Assets for $2 Billion: DENVER and HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) — FourPoint Resources, LLC (“FourPoint”), together with their partners Quantum Capital Group (“Quantum”) and Kayne Anderson, announced today the signing of a purchase and sale agreement to acquire Ovintiv Inc.’s (NYSE, […]

Oklo Secures Partnerships for Up to 750 Megawatts of Power for U.S. Data Centers 11/13/2024 SANTA CLARA, Calif.–(BUSINESS WIRE)– Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced fission power and nuclear fuel recycling company, has received Letters of Intent (LOIs) and is partnering with two major data center providers to deliver up to 750 megawatts (MW) […]

Oklo Secures Partnerships for Up to 750 Megawatts of Power for U.S. Data Centers 11/13/2024 SANTA CLARA, Calif.–(BUSINESS WIRE)– Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced fission power and nuclear fuel recycling company, has received Letters of Intent (LOIs) and is partnering with two major data center providers to deliver up to 750 megawatts (MW) […]

NRG, Renew Home and Google Cloud Announce PartnershipNRG and Renew Home to Create a 1 GW Virtual Power Plant in Texas That Will Help Enhance Grid Resilience and Reduce Household Energy Costs Leveraging Google Cloud TechnologyNovember 08, 2024 10:40 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–NRG Energy Inc. (NYSE:NRG) today announced it is partnering with Renew […]

Cypress Creek Renewables Brings on New Chief Financial Officer: DURHAM, N.C., Nov. 13, 2024 /PRNewswire/ — Cypress Creek Renewables is pleased to announce that Mike Discenza has joined the company as Chief Financial Officer (CFO). Discenza officially became part of Cypress Creek’s executive team last month after starting with the company in an interim capacity […]

Reliant and GM Energy Advance Renewable Energy Mission with New EV Charging Plan: — 150 Chevrolet dealerships to offer Reliant electricity plan that gives EV owners bill credits to offset nightly charging— November 13, 2024 09:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Calling all Chevrolet electric vehicle (EV) owners – it’s time to plug in! Today, […]

Closed Loop Partners Doubles Down on Investment in Earthodic, Advancing Coating Alternatives for Paper Packaging: Closed Loop Ventures Group joins Earthodic’s $4 million seed funding round alongside other leading investors, supporting the company’s expansion into the U.S. NEW YORK, Nov. 13, 2024 /PRNewswire/ — Closed Loop Partners‘ Ventures Group announces its follow-on investment in Earthodic, […]

Leonid Capital Partners Announces $10 Million Debt Investment in Ion Storage Systems, Driving Safer, Scalable Energy Solutions: November 13, 2024 09:00 AM Eastern Standard Time HUNTINGTON BEACH, Calif.–(BUSINESS WIRE)–Leonid Capital Partners, a leader in flexible, non-dilutive financing for critical sectors, today announced a $10 million debt investment in Ion Storage Systems, Inc. (“ION”), an innovator […]

Rio Tinto approves new solar plant to power Kennecott: November 13, 2024 10:02 AM Eastern Standard Time SALT LAKE CITY, Utah–(BUSINESS WIRE)–Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30MW. The new solar plant will be located next […]