Industry News

Diamondback Energy, Kinetik Holdings and EPIC Midstream Announce Transformative Transactions for EPIC Crude: Existing Partners increase ownership and commitments to further strengthen EPIC Crude’s financial profile and growth prospects September 24, 2024 07:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) and EPIC Midstream Holdings LP […]

Pangaea Ventures Celebrates Final Close of Fifth Fund at $85M Pangaea NewsSep. 23 Surging interest in hard tech investment continues to drive impact Pangaea Ventures, a pioneering venture capital firm dedicated to catalyzing hard tech solutions for a sustainable future, is thrilled to announce the successful final close of the Pangaea Ventures Impact Fund, securing […]

BRITISH AIRWAYS TO BECOME THE LARGEST PURCHASER OF CARBON REMOVALS IN THE UK* AS PART OF 2030 ENVIRONMENTAL DRIVE 23 Sep 2024 British Airways announces new carbon removals partnerships to become the largest carbon removals purchaser in the UK and the largest airline purchaser of carbon removals*The carbon removal credits purchased by British Airways through […]

Phlair’s carbon-sucking technology could lower direct air capture’s costs – TechCrunch Tim De Chant 3:00 AM PDT • September 19, 2024 When it comes to climate change, there’s no such thing as a “get out of jail free” card. But there might be an inexpensive alternative: direct air capture. The technology isn’t exactly an exoneration, […]

Xcel Energy Drives Forward Clean Energy Goals: Amid national focus on climate and clean energy, company forges ahead with sustainability efforts September 23, 2024 02:28 PM Eastern Daylight Time MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy continues to forge ahead in its goals to reduce emissions, embrace clean energy and fuel electric vehicles as the nation celebrates major advances […]

Li Industries, Inc. Selected for $55 Million Award as Part of Department of Energy Bipartisan Infrastructure Law (BIL) Effort to Advance Closed-Loop Lithium Iron Phosphate Recycling and Manufacturing: CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ — Li Industries, Inc., a leader in sustainable battery recycling, is proud to announce it has been selected for a $55 […]

Air France-KLM ramps up its SAF offtake agreement with TotalEnergies, which will supply up to 1.5 million tons of more sustainable aviation fuel over a 10-year period Download the Press Release (PDF) Paris, September 23, 2024 –TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more […]

David Energy Raises $23 Million to Run the Grid 24/7/365 on Clean Energy: Led by Cathay Innovation, the round will provide capital to expand its commercial and residential businesses across the Northeast and Texas NEW YORK, Sept. 23, 2024 /PRNewswire/ — David Energy, a trailblazing gridtech company, announced today that it has secured $23 million […]

Schneider Electric & Kimberly-Clark Announce Tax Credit Transfer (“TCT”) Agreements to Advance Grid Resiliency: New TCT agreements contribute to supporting America’s clean energy transition through tax credit transferability under the Inflation Reduction Act (IRA). Projects are helping to pave the way for additional investments from the voluntary market to support developers fostering renewable energy projects. […]

Frontier buyers sign world’s first river liming carbon removal deal with CarbonRunSeptember 23, 2024 Frontier buyers will pay CarbonRun $25.4 million to remove 55,442 tons of CO₂ between 2025 and 2029.River liming brings significant co-benefits and can reach <$100/ton without new technical breakthroughs. Frontier has facilitated offtake agreements with CarbonRun, a Canadian company using a […]