AES Partners with AI Fund to Accelerate AI-Driven Energy Solutions: AES named as exclusive energy partner to develop AI-focused companies ARLINGTON, Va., June 27, 2024 /PRNewswire/ — The AES Corporation (NYSE: AES) today announced a strategic partnership with AI Fund aimed at accelerating the energy transition through artificial intelligence. Through this partnership, AES and AI Fund […]
SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAM: DENVER, June 27, 2024 /PRNewswire/ — SM Energy Company (the “Company” or “SM Energy”) (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas […]
Rondo Energy announces €75M project funding with Breakthrough Energy Catalyst and the European Investment Bank: Three Rondo Heat Battery installations will decarbonize food, clean fuel, and chemical production across Europe LONDON, June 26, 2024 /PRNewswire/ — Today at the Breakthrough Energy Summit, Rondo Energy, Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank […]
PPL and subsidiaries LG&E and KU expand collaboration with U.S. Department of Energy initiative to conduct nuclear feasibility study: Research, funded by a DOE grant, will build on initial study to further assess feasibility for new nuclear at company sites should technology become commercially viable LOUISVILLE, Ky., June 26, 2024 /PRNewswire/ — As part of an […]
Argus launches global low-carbon ammonia benchmark: LONDON, June 26, 2024 /PRNewswire/ — Global energy and commodity price reporting agency Argus has launched an index to assist companies trading low-carbon hydrogen products distributed to key markets in northeast Asia. The Argus Japan Korea Low-Carbon Ammonia Benchmark (JKLAB) is for the mass-balanced all-in cost of low-carbon (“blue”), […]
NorSun Plans $620M Investment in Oklahoma for U.S. Solar Wafer Manufacturing Operations:The investment into Tulsa will create more than 320 jobs, announces the Oklahoma Department of Commerce OKLAHOMA CITY, June 25, 2024 /PRNewswire-PRWeb/ — Norwegian solar energy company NorSun has selected Tulsa, Oklahoma, for its first U.S.-based factory, an initial planned investment of $620 million […]
KIMMERIDGE TEXAS GAS APPOINTS DAVID LAWLER AS CEO; KIMMERIDGE CLOSES FOLLOW-ON CONTROL INVESTMENT IN COMMONWEALTH LNG: Lawler brings 30+ years of experience in the sector with an expansive track record of growing energy platforms, responsibly expanding production and implementing effective emissions reduction strategies Commonwealth on track to reach final investment decision on best-in-class LNG export […]
Sumitomo Corporation of Americas Diversifies into Distributed Energy with Solar and Storage Investment, Opportunity to Expand Globally: Jun 26, 2024, 11:15 ET NEW YORK, June 26, 2024 /PRNewswire/ — Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter collectively referred to as, “Sumitomo Corporation Group”) announced today a tax equity investment in a diverse portfolio of […]
Shell to build carbon capture and storage projects in Canada: CALGARY, AB, June 26, 2024 /PRNewswire/ — Shell Canada Products, a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately […]
ExxonMobil and EV battery maker SK On sign MOU regarding U.S. produced Mobil™ Lithium: SK On seeking multiyear supply, up to 100,000 metric tons, of lithium from ExxonMobil for U.S.-based EV battery manufacturing Agreement signals demand for domestically sourced Mobil™ Lithium and marks a milestone in building out U.S. electric vehicle and battery supply chains […]
