industrynews

Helmerich & Payne Announces Agreement to Acquire KCA Deutag: Helmerich & Payne Announces Agreement to Acquire KCA Deutag Establishes H&P as a global leader in onshore drilling Immediately accretive to cash flow and free cash flow per share Enhances scale and diversification, now with leading positions in the U.S. and Middle East, the two most […]

GA Drilling Partners with Petrobras to Deliver Extreme Efficiency in the Deep Drilling Process: HOUSTON, July 25, 2024 (GLOBE NEWSWIRE) — Today GA Drilling, a pioneer in drilling innovations, announced that it has entered into a technical cooperation program with Petrobras, one of the largest energy companies in the world. In cooperation with Cenpes, Petrobras’ […]

Led by GM Ventures, Addionics Raises $39 Million Series B to Drive Cost-Efficient EV Battery Innovation: The funding will support operational growth and global business expansion for Addionics 3D Current Collector solution LONDON, July 25, 2024 /PRNewswire/ — Addionics, a global leader in battery technology, announced its Series B funding round of $39 Million. The […]

IRS issues guidance for the procedures to claim a credit for utilization of carbon oxide IR-2024-194, July 24, 2024 WASHINGTON — The Internal Revenue Service today issued Notice 2024-60 PDF to provide initial guidance on the credit for the sequestration of carbon oxide. This credit was amended significantly by the Inflation Reduction Act of 2022 […]

Clean Energy’s RNG Production Facility Breaks Ground at South Fork Dairy: July 24, 2024 06:30 AM Eastern Daylight Time NEWPORT BEACH, Calif. & DIMMITT, Texas–(BUSINESS WIRE)–Clean Energy Fuels Corp. (NASDAQ: CLNE) announced it has broken ground on a renewable natural gas (RNG) production facility at South Fork Dairy in Dimmitt, TX. Home to a 16,000-cow […]

Biden-Harris Administration Invests $371 Million in 20 Projects to Accelerate Transmission Permitting Across America: Projects Funded by President Biden’s Investing in America Agenda Support the Expansion of a Modernized Electric Grid, Accelerate State and Local Permitting, Create Good-Paying Jobs and Build Up Community Infrastructure WASHINGTON, D.C.— In a continued effort to expedite the build out […]

Airbus and partners invest in Sustainable Aviation Fuel financing fund – Airbus: Farnborough, United Kingdom, 23 July 2024 – Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited co-invested in a Sustainable Aviation Fuel (SAF) financing fund to accelerate the production of SAF. […]

AYPA POWER SECURES $650M IN UPSIZED CORPORATE FACILITY, THE LARGEST IN THE ENERGY STORAGE INDUSTRY: AUSTIN, Texas, July 23, 2024 /PRNewswire/ – Aypa Power (Aypa), a Blackstone portfolio company that builds, owns, and operates utility-scale energy storage and hybrid renewable energy projects, has successfully closed a $650 million corporate credit facility, which includes access to […]

Integrated Power in Germany: TotalEnergies Launches New 100 MW / 200 MWh Battery Storage Development: Download the Press Release (PDF)  Paris, July 24, 2024 – TotalEnergies has taken the final investment decision for a 100 MW /200 MWh battery storage project in Dahlem, North Rhine-Westphalia. This is the first project sanctioned by TotalEnergies from the […]

Netherlands: TotalEnergies Acquires a Stake in the OranjeWind Offshore Wind Farm in View of Supplying Green Hydrogen to Its European Refineries and Lowering Their Emissions: July 24, 2024 10:03 AM Eastern Daylight Time PARIS–(BUSINESS WIRE)–Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) today signed agreements with German renewable developer RWE, to acquire a 50% stake in OranjeWind, […]