industrynews

Aramco’s strategic gas expansion progresses with $25bn contract awards: Phase two of ambitious Jafurah gas development commences with award of contracts worth around $12.4bn Contracts worth around $8.8bn awarded for phase three expansion of Company’s Master Gas System 23 additional unconventional gas rig contracts valued at $2.4bn and two directional drilling contracts worth $612 million also […]

Gunvor and Quercus announce landmark solar development partnership in Italy: Under the terms of the deal, Quercus will draw on its established track record of developing renewable projects—from permitting to “ready to build” status—and combine that with Gunvor’s ability to fund, manage, and optimize assets through power purchasing agreements (“PPAs”). The solar sites will be strategically […]

DOE and EPA Announce $850 Million to Reduce Methane Pollution from the Oil and Gas Sector: Funding from President Biden’s Investing in America Agenda Builds on Nearly 100 Cross-Government Actions that Are Sharply Reducing Methane Pollution in Support of Clean Air, Good Jobs, and Climate Action WASHINGTON, D.C.— The U.S. Department of Energy (DOE) and […]

Talen Energy defends interconnection agreement for Amazon data center at nuclear plant: Source: UTILITY DIVE A protest at the Federal Energy Regulatory Commission by American Electric Power and Exelon to an interconnection service agreement that would facilitate providing power directly from a nuclear power plant to an Amazon data center is a “misguided attempt to […]

DOE Announces $2.7 Billion From President Biden’s Investing in America Agenda to Boost Domestic Nuclear Fuel Supply Chain: WASHINGTON, D.C. — In support of President Biden’s efforts to strengthen America’s energy security and create new good-paying jobs, the U.S. Department of Energy (DOE) today issued a request for proposals (RFP) to purchase low-enriched uranium (LEU) […]

Our investment to accelerate clean energy in Asia Pacific: We have a bold goal to reach net-zero emissions across all our operations and value chain by 2030, supported by a goal to run on 24/7 carbon-free energy on every grid where we operate. The path to reach these goals is challenging, and requires both commercial […]

Avangrid Receives Full Federal Approval for Construction of New England Wind Offshore Projects: Federal approval of Construction and Operations Plan positions New England Wind 1 to start construction as soon as 2025July 01, 2024 03:14 PM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, […]

SLB and TotalEnergies Announce 10-Year Partnership to Collaborate on Next-Generation Digital Solutions: July 02, 2024 08:00 AM Eastern Daylight Time LONDON–(BUSINESS WIRE)–Regulatory News: SLB (NYSE: SLB) and TotalEnergies (NYSE: TTE) today announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a […]

California Resources Corporation Completes Combination with Aera Energy: Creates the Leading Energy Producer and Carbon Management Solutions Provider in California July 01, 2024 09:12 AM Eastern Daylight Time LONG BEACH, Calif.–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC) announced today the completion of the all-stock combination with Aera Energy, LLC (Aera). The issuance of shares was approved […]

Tamboran Prices US IPO at US$24.00 Per Share: Highlights Tamboran Resources Corporation (“Tamboran” or the “Company”) today announced the pricing of its initial public offering of 3,125,000 shares of Common Stock at a price to the public of US$24.00 per share, raising gross proceeds of US$75 million to fund the ongoing drilling activities for the […]