BNEF – Big Oil Pivots Away From Renewable Power on Low Returns: By Luxi Hong, Downstream Oil and Chemicals, BloombergNEF The oil and gas sector is shifting away from renewables and power in its decarbonization efforts, according to BloombergNEF’s latest analysis of the energy transition investment trends in the industry. Investment in renewable power and […]
U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills: The agreement sets in motion a project to capture emissions from U. S. Steel’s blast furnaces CarbonFree’s SkyCycle™ technology will capture and mineralize up to 50,000 metric tons of carbon dioxide annually […]
Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform April 03, 2024 09:00 AM Eastern Daylight Time SOUTH SALT LAKE CITY, Utah–(BUSINESS WIRE)–Torus, Inc. today announced a significant milestone in its journey: the successful completion of an equity fundraising round and the expansion of its Board of Directors. Torus […]
Adani Green Energy Becomes India’s First to Surpass 10,000 MW Renewable Energy Operating portfolio of 10,934 MW, largest in India 2,000 MW solar capacity at Khavda, contributes to this milestone 2,848 MW renewables capacity brought on stream in FY24 April 03, 2024 11:14 AM Eastern Daylight Time AHMEDABAD, India–(BUSINESS WIRE)–Adani Green Energy Limited (AGEL), India’s largest […]
BV Investment Partners Announces Sale of Resource Innovations: BOSTON, April 2, 2024 /PRNewswire/ — BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today the sale of Resource Innovations, a leading tech-enabled services company focused on energy efficiency and sustainability, to Morgan Stanley […]
Avina Unveils Plans for Cutting-Edge Sustainable Aviation Fuel Plant in the Midwest, Forges Alliance for Low-Carbon Ethanol Supply: SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) — Avina, a leading developer of clean hydrogen and derivative fuels solutions, is thrilled to announce plans for a cutting-edge Sustainable Aviation Fuel (SAF) plant in the Midwest region […]
SLB Announces Agreement to Acquire ChampionX in an All-Stock Transaction Acquisition strengthens SLB as a leader in production space, with world-class production chemicals and artificial lift technologies Combined portfolios will drive customer value through deep industry expertise and digital integration, as well as enhanced equipment life and production optimization ChampionX shareholders to receive 0.735 SLB […]
US Shale Drillers Seek to Power Oil Patch With Small Nuclear Reactors: US oil companies including Diamondback Energy Inc. are considering small nuclear reactors to power drilling operations in Texas’s Permian Basin, a move aimed at cutting carbon emissions and ensuring reliable access to electricity. Read more on Bloomberg
MN8 Energy LLC Announces Closing of Private Placement: Investment round led by Mercuria Energy Group with participation from Ridgewood Infrastructure and supported by existing investors April 01, 2024 08:29 AM Eastern Daylight TimeNEW YORK–(BUSINESS WIRE)–MN8 Energy LLC (“MN8” or “The Company”), one of the largest and most sophisticated independent renewable energy companies in the U.S., […]
Nucor to Acquire Manufacturer of Data Center Infrastructure: News provided by Nucor Corporation 01 Apr, 2024, 08:45 ET CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ — Nucor Corporation (NYSE: NUE) announced today that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure for $115 million. SWDP’s offices and manufacturing facility […]
