Industry News

Cenovus Energy to sell interest in WRB Refining to Phillips 66 CALGARY, Alberta, Sept. 09, 2025 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced it has reached an agreement for the sale, indirectly through wholly-owned subsidiaries, of its 50% interest in WRB Refining LP (WRB) to its joint venture partner Phillips […]

Nitricity raises $50M to go global with unique tech transforming almond waste into organic fertilizer  Sep 10 Nitricity founders Dr. Joshua McEnaney (President and CTO), Dr. Jay Schwalbe (CSO), and Dr. Nicolas Pinkowski (CEO) at the company’s office in Fremont, California. (Source: Pique Action)San Francisco/Fremont, California, September 10, 2025 – Nitricity, the climate scaleup electrifying […]

Electro Switch Partners with Oaktree Sep 10, 2025 1:04 PM Eastern Daylight Time WEYMOUTH, Mass.–(BUSINESS WIRE)–Electro Switch Corp. (“Electro Switch” or the “Company”), a leading manufacturer of engineered switches and related components, announced today that it has partnered with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). In partnership with management, Oaktree will provide additional […]

NextDecade Completes Commercialization of Rio Grande LNG Train 5 with 1.0 MTPA LNG Sale and Purchase Agreement with ConocoPhillips Sep 8, 2025 4:30 PM Eastern Daylight Time Train 5 commercialization now complete, positive final investment decision expected in fourth quarter 2025 HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it has […]

Electric Hydrogen Acquires Ambient Fuels; Establishes Global Project Financing Capability with Generate Capital Transaction expands Electric Hydrogen’s co-development and financing solutions for customers September 08, 2025 09:00 ET | Source: Electric Hydrogen DEVENS, Mass., Sept. 08, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen, a U.S. manufacturer of advanced electrolyzers, today announced it has acquired Ambient Fuels, […]

Aspen Midstream Secures Equity Commitment From EnCap Flatrock Midstream for the Formation of Aspen II Sep 9, 2025 8:15 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Aspen Midstream, LLC (Aspen) today announced it has secured an equity commitment from EnCap Flatrock Midstream (EnCap Flatrock) and Aspen’s management team to launch Aspen Midstream II (Aspen II). Building on […]

Torus Raises $200 Million to Accelerate Deployment of Modular Power Plants for Utilities, Data Centers, and Industry Partnership with Magnetar helps Torus meet rising electricity demand driven by AI, cloud computing, and electrification Inertia-based, flywheel-battery hybrid system delivers faster, more durable energy storage Investment comes at inflection point in growth of energy demand driven by […]

Sapphire Technologies Secures $18 Million Series C to Accelerate Growth, Including Investment from Mitsubishi Heavy Industries Existing investors Equinor Ventures, Cooper and Company, and Energy Capital Ventures® participate; Capital used to expand Cypress, Calif. factory and deploy new projects September 09, 2025 06:00 ET | Source: Sapphire Technologies CYPRESS, Calif., Sept. 09, 2025 (GLOBE NEWSWIRE) […]

Diversified Energy Expanding Leadership Position in Oklahoma with Accretive Acquisition of Canvas Energy September 08, 2025 6:27 PM EDT Download as PDF Diversified Energy Expanding Leadership Position in Oklahoma with Accretive Acquisition of Canvas Energy Delivers Approximately 18% and 29% Increase in Adjusted EBITDA and Free Cash Flow, Driven by a 13% Increase in Production While […]

Spring Valley Acquisition Corp. III Announces Closing of $230 Million Initial Public OfferingSeptember 05, 2025 16:00 ET | Source: Spring Valley Acquisition Corp DALLAS, Sept. 05, 2025 (GLOBE NEWSWIRE) — Spring Valley Acquisition Corp. III (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, […]