Industry News

Summit Carbon Solutions and Infinium Partner to Advance eFuels Production and Energy Independence in the Midwest: AMES, Iowa and SACRAMENTO, Calif., Feb. 5, 2025 /PRNewswire/ — Summit Carbon Solutions (Summit) and Infinium, a leading electrofuels (eFuels) producer, have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at […]

EDPR NA Distributed Generation Completes Construction of Bristol I Community Solar Project in Maine: The new project will provide significant electric bill savings to hundreds of local residential subscribers combined with investment in the Bristol area. BRISTOL, Maine, Feb. 5, 2025 /PRNewswire/ — EDPR NA Distributed Generated LLC (EDPR NA DG) announces the completion and […]

ABB and Sage Geosystems unearth geothermal energy opportunities Group press release | Zürich, Switzerland | 2025-02-04 ABB and Sage Geosystems partner on developing Geopressured Geothermal Systems for low carbon energy storage and geothermal power generation Collaboration scope to include delivering geothermal power to support data center growth In the US alone, geothermal energy has the […]

Pearl Energy Investments Closes Oversubscribed Fourth Fund at $999.9 Million Hard Cap in Four Months: February 04, 2025 08:30 AM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Pearl Energy Investments (“Pearl”) is pleased to announce that on January 31, 2025, it reached its hard cap, within four months of launch, and held the oversubscribed closing of Pearl Energy […]

CS Energy and Calibrant Energy Complete Three Battery Storage Projects, Improving New York’s Energy Resilience: Innovative installations in Westchester County will provide critical grid support during peak demand. EDISON, N.J., Feb. 4, 2025 /PRNewswire/ — CS Energy and Calibrant Energy announce the completion of a portfolio of three stand-alone Battery Energy Storage Systems (BESS) in Westchester […]

The pharmaceutical program, Energize, partners with X-ELIO to advance its climate goals: X-ELIO has reached an agreement with Thermo Fisher Scientific, Haleon, Gilead Sciences and GSK to supply 245 GWh of renewable energy annually for 10 years through a multi-buyer PPA under the Energize program X-ELIO will supply clean energy to this cohort through its Lorca […]

Aymium Closes $150 Million Financing With Bedrock Industries: Financing will accelerate growth of global leader in biocarbon products February 04, 2025 07:00 AM Eastern Standard Time ST. PAUL, Minn. & MIAMI–(BUSINESS WIRE)–Aymium, the leading producer of renewable biocarbon products, announced today the successful completion of a five-year, $150 million financing from a wholly owned subsidiary […]

Liberty Energy Inc. Announces Chief Executive Officer and Chairman Changes: February 03, 2025 07:32 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has appointed Ron Gusek as Chief Executive Officer and as a member of the Board of Directors. Additionally, […]

Viper Energy, Inc., A Subsidiary of Diamondback Energy, Inc., Announces Drop Down Transaction and Operations UpdateJanuary 30, 2025 16:01 ET | Source: Viper Energy, Inc. MIDLAND, Texas, Jan. 30, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today provided an update on Q4 […]

ExxonMobil Announces 2024 Results Business transformation drove industry-leading 2024 financial performance1Delivered $33.7 billion in earnings and $55.0 billion in cash flow from operations – third best year in a decadeAchieved record production in Permian and Guyana, and record sales volumes of high-value productsDistributed $36.0 billion to shareholders – more than all but five companies in […]