Industry News

Frontier buyers sign first electrochemical DAC deal with PhlairFebruary 27, 2025 Frontier buyers will pay Phlair $30.6 million to remove 47,000 tons of CO₂ between 2027 and 2030. Phlair will be one of the first DAC companies to deploy with dedicated on-site solar panels. Frontier has facilitated offtake agreements with Phlair, a company developing an […]

Slant Energy III Receives Equity Commitment From Pearl Energy Investments February 25, 2025 08:30 AM Eastern Standard Time LAFAYETTE, La.–(BUSINESS WIRE)–Slant Energy III, LLC (“Slant III”), a newly formed upstream oil and gas exploration and production company, announced today it has secured an equity commitment from Dallas-based private equity firm, Pearl Energy Investments (“Pearl”). Headquartered […]

Clearloop Announces Multi-Year Agreement with Microsoft to Accelerate Grid Decarbonization with Portfolio of Community-Focused Solar Projects February 25, 2025 09:00 AM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Today, Clearloop, the carbon solutions platform for Silicon Ranch that partners with companies of all sizes to help slash their carbon footprint, decarbonize the grid, and support American communities, […]

Blackstone Announces $5.6 Billion Final Close for Blackstone Energy Transition Partners IV at Hard CapFebruary 26, 2025 New York – February 26, 2025 – Blackstone (NYSE: BX) today announced the final close for its energy-transition-focused private equity fund, Blackstone Energy Transition Partners IV (“BETP IV”). BETP IV closed at its hard cap of $5.6 billion […]

Major SLB Capturi’s carbon capture plant components installed at Ørsted Kalundborg CO2 HubPublished: 02/26/2025 Completed installation of key components marks a crucial step towards operationalizing Denmark’s pioneering CO2 capture facility SLB Capturi has completed an important project milestone supporting Ørsted Kalundborg CO2 Hub and the realisation of Denmark’s first carbon capture and storage project (CSS). […]

KKR To Make Further Investment In Enilive February 18, 2025 London, 18th February 2025 – KKR, a leading global investment firm, today announces that KKR has signed an agreement to acquire an additional 5% stake in Enilive from Eni for a consideration of €587.5 million, taking its total holding in Enilive to 30%. Enilive is […]

VerAI Discoveries Secures $24 Million in Series B Funding Led by Insight Partners to Grow Its Global Asset Portfolio of AI-Based Mineral Discoveries: BOSTON, Feb. 26, 2025 /PRNewswire/ — VerAI Discoveries (VerAI), a pioneering AI-driven mineral asset company, is pleased to announce a $24 million first closing of its Series B round. The investment was […]

Civitas Resources Provides 2025 Outlook Focused on Free Cash Flow and Debt ReductionSuccessful land optimization initiatives and bolt-on acquisition expand high–quality development inventory February 24, 2025 04:18 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced its 2025 outlook, including a new debt reduction goal for the year, […]

Ring Energy Announces Accretive Bolt-On AcquisitionFebruary 26, 2025 06:45 ET | Source: Ring Energy, Inc. ~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” […]

Growing shareholder value: a reset bp 26 February 2025 A reset bp bp today introduced a fundamentally reset strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. Strategy fundamentally reset: reducing and reallocating capital expenditure, significantly reducing costs and driving improved performance […]