Industry News

Lime Rock Partners Announces Managing Director Promotions: HOUSTON, Feb. 13, 2025 /PRNewswire/ — Lime Rock Partners, growth investors in the upstream energy industry, today announces the recent promotion of Benjamin Burns to Managing Director. Mr. Burns joins Andrew Gautier-Winther, who was promoted in 2024, as two of the seven leaders of the Lime Rock Partners […]

POET and Tallgrass Announce Collaboration on Carbon Capture ProjectFebruary 13, 2025 10:24 ET | Source: POET SIOUX FALLS, S.D., Feb. 13, 2025 (GLOBE NEWSWIRE) — Today, POET, the world’s largest producer of biofuels, and Tallgrass, a leading infrastructure company, announced they have entered into definitive agreements to connect POET’s Fairmont, Nebraska bioprocessing facility to the […]

EDF and TAQA Geothermal Sign Landmark MoU to Advance Geothermal Energy in Saudi ArabiaRiyadh, Saudi Arabia – February 12, 2025 – EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a strategic Memorandum of Understanding (MoU) to collaborate on geothermal energy technologies including power generation and HVAC applications as well as Compressed Air Energy […]

Howard Energy Partners Acquires Operating Interest in Midship Pipeline February 13, 2025 200-mile Midship Pipeline significantly increases HEP’s footprint in in Oklahoma SAN ANTONIO, Texas – February 13, 2025 – Howard Energy Partners (HEP) today announced that it has closed on the acquisition of equity interests in Midship from a subsidiary of Cheniere Energy, Inc. […]

Mercedes-AMG PETRONAS F1 Team to support the restoration of 200 hectares of biodiverse forest with Chestnut CarbonNews provided by Chestnut Carbon Feb 13, 2025, 09:34 ET NEW YORK, Feb. 13, 2025 /PRNewswire/ — The Mercedes-AMG PETRONAS F1 Team (“the team”) has joined forces with nature-based carbon developer Chestnut Carbon to support high-quality carbon removal projects across […]

U.S. Energy Development Corporation Completes Corporate Refinancing with $165 Million Syndicated Revolving Credit Facility led by Citibank, N.A.: The new syndicated facility provides USEDC with an additional source of capital to support its continued growth. FORT WORTH, Texas, Feb. 13, 2025 /PRNewswire/ — U.S. Energy Development Corporation (“USEDC”), an exploration and production company focused on […]

Williams Achieves Another Year of Record Results and Raises 2025 Financial Guidance:  February 12, 2025 04:17 PM Eastern Standard Time TULSA, Okla.–(BUSINESS WIRE)–Williams (NYSE: WMB) today announced its unaudited financial results for the three and 12 months ended Dec. 31, 2024. Business strength drives year-over-year financial growth GAAP net income: $2.222 billion, or $1.82 per […]

Aker Carbon Capture AS: Fourth quarter 2024 results: FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ — Aker Carbon Capture ASA (ACC ASA) ended the fourth quarter 2024 with NOK 4.6 billion in cash and a equity position at NOK 5.5 billion. The Company reported net profit of NOK 21 million in the quarter. Reference is made […]

Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel: RENO, Nev., Feb. 13, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA), (“Ormat” or the “Company”) a leading geothermal and renewable energy technology company, today announced that it has won a tender issued by the Israeli Electricity Authority and has been awarded […]

Expand Energy Corporation Appoints Dan Turco Executive Vice President, Marketing & Commercial: OKLAHOMA CITY, Feb. 13, 2025 (GLOBE NEWSWIRE) — Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy”) today announced that Dan Turco has been appointed Executive Vice President, Marketing & Commercial, effective February 18, 2025. “With nearly two decades of experience in global upstream natural […]