industrynews

PJM Auction Procures 134,479 MW of Generation ResourcesPrice, largely unchanged, comes in at FERC-approved cap; total capacity cleared is short of reliability standard; certain mitigating factors and expected Board action could reinforce reliability in this and future delivery years December 17, 2025 (Valley Forge, PA – Dec. 17, 2025) – PJM Interconnection today announced the […]

Trump Media & Technology Group to Merge with TAE Technologies, a Premier Fusion Power Company, in All-Stock Transaction Valued at More Than $6 BillionDecember 18, 2025 06:30 ET | Source: Trump Media & Technology Group; TAE Technologies, Inc. Combined company expects to site and commence construction of the first utility-scale fusion power plant in 2026 […]

California Resources Corporation Closes Combination with Berry Corporation: LONG BEACH, Calif., Dec. 18, 2025 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) (“CRC”) today closed its all-stock combination with Berry Corporation (bry) (NASDAQ: BRY) (“Berry”). The transaction enhances CRC’s premier California portfolio of long-lived, low-decline conventional assets with significant development upside and adds strategic optionality […]

BKV Announces $100 Million Share Repurchase Program Dec 18, 2025 7:30 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced that its Board of Directors has authorized a two-year share repurchase program pursuant to which the Company may repurchase from time to time up to $100 million of the […]

BP p.l.c. Announces Leadership Transition 17 December 2025Meg O’Neill to serve as next CEO of bp, effective 1 April 2026Murray Auchincloss steps down as CEO and director of the Board Carol Howle to serve as interim CEO BP p.l.c. (LSE and NYSE:bp) (“bp”) announces that the bp Board has appointed Meg O’Neill as bp’s next […]

Tricrest Management Closes Second Upstream Fund Focused on Direct Investments Dec 17, 2025 4:00 PM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Tricrest Management LLC (“Tricrest”), formerly known as Cresta Investment Group, today announced the closing of its second energy fund (“Fund II”), exceeding its target and bringing the firm’s total capital commitments to more than $440 million. […]

Hut 8 Announces AI Infrastructure Partnership with Anthropic and Fluidstack MIAMI, FL, December 17, 2025 – Hut 8 Corp. (Nasdaq, TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases, today announced a partnership with Anthropic and Fluidstack to accelerate […]

IFM Investors Launches Texas-Based Mobius Renewables, a Global Low Carbon Fuels Platform Dec 17, 2025 10:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–IFM Investors (“IFM”) today announced the formation of Mobius Renewables (the “Company”), a new global, vertically integrated low carbon fuels platform established to accelerate the development, production, distribution and commercialization of biomethane at scale […]

Conduit Power to Develop 200 MW of Distributed Generation in ERCOT; Secures Diamondback Energy and Granite Ridge Resources as Financial Partners Dec 17, 2025 1:12 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Conduit Power, LLC (“Conduit”) has entered into financial agreements with Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) and Granite Ridge Resources (NYSE: GRNT) (“Granite Ridge”) related […]

Bolt and TPL Announce Strategic Agreement to Pursue Data Center Development in West Texas Dec 17, 2025 7:00 AM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) today announced a strategic agreement with Bolt Data & Energy, Inc. (“Bolt”) to develop and enable large-scale data center campuses and supporting […]