Industry News

Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply ExxonMobil will supply approximately 250,000 tonnes of low-carbon ammonia annually on a long-term basis to Marubeni.The deal will drive new energy supply, support jobs, and strengthen U.S. and Japanese industrial cooperation. May 7, 2025 Spring, Texas, U.S., and Tokyo, Japan — […]

AlphaGen Projects Selected by PJM For Expedited InterconnectionNews provided by Alpha Generation May 07, 2025, 16:15 ET Upgrades to increase generating capacity in New Jersey, Maryland, and Ohio by 450 MW are in response to competitive wholesale market capacity prices and to enhance reliability STAMFORD, Conn., May 7, 2025 /PRNewswire/ — Alpha Generation (“AlphaGen”), an ArcLight […]

Elementl Power and Google Sign Strategic Agreement to Develop Locations for Advanced Nuclear ProjectsNews provided by Elementl Power Inc. May 07, 2025, 07:30 ET This pioneering approach couples capital with customer demand to accelerate the development of new safe, reliable and affordable, next-generation nuclear projects in the United States. With the support of Google, Elementl is […]

Ara Partners Reaches Final Close for Inaugural Infrastructure Fund, Surpassing Target May 01, 2025, 08:30 ET Infrastructure Strategy Focuses on Mid-Market Investments in Industrial Decarbonization Assets BOSTON and DUBLIN, May 1, 2025 /PRNewswire/ — Ara Partners, a global investment firm dedicated to the decarbonization of the industrial economy, today announced that it has raised over […]

Greenlake Energy Announces Formation of Greenlake Energy II with a Capital Commitment from NGP and Expands Portfolio with Strategic Acquisition in the Delaware Basin ⁠NGP expands existing Greenlake partnership with a new $200 million commitment to Greenlake Energy II with a continued focus on the Permian Basin and other core North American basinsGreenlake Energy adds […]

IOG Resources Announces Formation of Third Investment Vehicle Pursuing Non-Operated Oil & Gas InvestmentsMay 6, 2025 10:01 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–IOG Resources, a leading provider of asset-level capital solutions and a strategic partner to the upstream oil & gas sector, today announced the formation of IOG Resources III Holdings, LLC (“IOGR III”). Like […]

Weatherford Releases Annual Sustainability Report: HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today the release of its 2024 Sustainability Report, which highlights the Company’s continued progress in advancing environmental, social, and governance (“ESG”) practices and showcases recent achievements in sustainability efforts. Girish Saligram, President and […]

I Squared, MPLX, and Enbridge to Acquire Interests in Matterhorn Express PipelineNews provided by WhiteWater May 06, 2025, 19:19 ET AUSTIN, Texas, May 6, 2025 /PRNewswire/ — I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB) jointly announce they have entered into a definitive agreement to acquire equity interests in the Matterhorn Express Pipeline […]

ReNew Secures $100 Million Marquee Investment From BII to Boost India’s Solar Manufacturing EcosystemBII’s investment will support expansion of domestic clean energy supply chain and create 2,000 new jobs May 6, 2025 7:22 AM Eastern Daylight Time GURUGRAM, India–(BUSINESS WIRE)–ReNew Energy Global Plc (“ReNew”), a leading decarbonisation solutions company, has secured an INR 8700 million […]

Thunderhead Energy Solutions Secures Funding Partnership from Harbert Management CorporationNews provided by Thunderhead Energy Solutions, LLC May 06, 2025, 07:59 ET Strategic partnership will accelerate the deployment of 1,500 Megawatts of behind-the-meter power solutions for data centers AUSTIN, Texas, May 6, 2025 /PRNewswire/ — Thunderhead Energy Solutions LLC (“Thunderhead”), a developer of ultra-reliable behind-the-meter power solutions […]