Industry News

Westlake Innovations Invests in Universal Matter December 17, 2024 06:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Westlake Innovations, Inc., a subsidiary of Westlake Corporation (NYSE: WLK), today announced the company has invested in Universal Matter, Inc. The Burlington, Ontario-based company’s vision is to become the leading supplier of high-quality and sustainable graphene and advanced materials to […]

Pembina Pipeline Corporation Announces Closing of PGI’s Acquisition of Working Interests From Whitecap Resources and Provides Karr and Gold Creek UpdateJanuary 02, 2025 07:00 AM Eastern Standard Time CALGARY, Alberta–(BUSINESS WIRE)–Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) is pleased to announce the closing of Pembina Gas Infrastructure Inc.’s (“PGI”) acquisition of […]

Accenture to Acquire IQT Group, Strengthening Its Capabilities for Net-Zero Infrastructure ProjectsDecember 18, 2024 MILAN, Italy; Dec. 18, 2024 – Accenture (NYSE: ACN) has agreed to acquire IQT Group, a provider of engineering managed services for large infrastructure projects, based in Rovigo, Italy. The acquisition will combine Accenture’s generative AI and digital capabilities with IQT […]

Kosmos Energy Announces First Gas at the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal January 02, 2025 02:02 AM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Kosmos Energy (NYSE/LSE: KOS) notes the announcement today from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project […]

Equinor secures $3bn in project finance for Empire Wind 102 January 2025 07:00(GMT-6) Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached at the end of December 2024. Empire Wind 1 will power 500,000 New York homes and is expected […]

CRC’s Carbon TerraVault Receives EPA Permits for CO2 Injection and Storage in CaliforniaDecember 31, 2024 12:41 ET | Source: California Resources Corporation  Represents Nation’s First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields LONG BEACH, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) and its carbon […]

AYPA POWER SECURES $190 MILLION FINANCING FOR THE BYPASS BATTERY STORAGE PROJECT IN TEXAS: AUSTIN, Texas, Dec. 31, 2024 /PRNewswire/ – Aypa Power, a Blackstone portfolio company and a leading developer and operator of utility-scale energy storage and hybrid renewable energy projects, successfully closed a $190 million financing package for the Bypass Battery Energy Storage System […]

ONEOK Closes Sale of Wholly Owned Interstate Natural Gas Pipelines: Guardian, Midwestern and Viking Gas Transmission Pipelines Sold to DT Midstream for $1.2 Billion TULSA, Okla., Dec. 31, 2024 /PRNewswire/ — ONEOK, Inc. (NYSE: OKE) today announced that it has closed the sale of its three wholly owned interstate natural gas pipeline systems to DT […]

Northleaf Announces the Sale of Mula Solar FarmDecember 31, 2024 03:00 AM Eastern Time TORONTO–(BUSINESS WIRE)–Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced that funds under its management are divesting their majority interest in NCP Mula Solar (Spain), S.L. (“Mula”), a 494 MWp solar photovoltaic plant located in Murcia, Spain. […]

All aboard for Woodside Energy’s Pluto Train 2 December 22, 2024 08:11 PM Eastern Standard Time PERTH, Australia–(BUSINESS WIRE)–The Scarborough Energy Project has passed another significant milestone with the final Pluto Train 2 modules arriving at the Pluto LNG facility in Karratha, Western Australia. The successful completion of the Pluto Train 2 module program advances […]