industrynews

Devon Energy President and CEO, Rick Muncrief, to Retire March 1, 2025; Clay Gaspar, Devon Chief Operating Officer, to Succeed Muncrief: OKLAHOMA CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) — Rick Muncrief, 66, has announced his retirement from the position of President and Chief Executive Officer and member of the Board of Directors of Devon Energy […]

AMP Raises $91 Million in Series D Funding to Revolutionize WasteLatest investment to support expansion to process municipal solid waste and single-stream recycling at scale December 05, 2024 09:00 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–AMP Robotics Corp. (“AMP”), a leading provider of AI-powered sortation at scale for the waste and recycling industry, has raised $91 […]

Quaise Energy and Nevada Gold Mines Partner on Deep Geothermal Pilot Plant to Decarbonize Mining: December 03, 2024 08:00 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Quaise Energy, Inc. (Quaise) and the Barrick-operated Nevada Gold Mines (NGM), a joint venture with Newmont Corporation, are exploring additional decarbonization of NGM’s TS Power Plant by using geothermal heat from […]

J.P. Morgan’s Campbell Global Acquires over 40,000 acres of Timberland in the US Pacific Northwest: Assets to be managed for both carbon capture and timber products NEW YORK, Dec. 5, 2024 /PRNewswire/ — J.P. Morgan Asset Management today announced that institutional investors advised by the firm’s wholly-owned timber investment manager, Campbell Global, have led the […]

Nation’s Largest Proposed Solar and Storage Project Receives Final State Approval: The 2.4 GW project in Eastern Oregon is owned by Pine Gate Renewables ASHEVILLE, N.C., Dec. 6, 2024 /PRNewswire/ — The United States’ largest proposed solar project, Sunstone Solar, received its final discretionary approval from the Oregon Energy Facility Siting Council (EFSC). The approval […]

Equinor and Shell to create the UK’s largest independent oil and gas company: Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell UK Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE: ADR SHEL, AMS EURONEXT: SHELL, “Shell”) are to combine their UK offshore oil & gas assets and […]

Parallax Energy Closes Acquisition of Vesta Energy Ltd.December 04, 2024 12:42 ET| Source: Parallax Energy, L.P. CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) — Parallax Energy Operating Inc., a wholly owned subsidiary of Parallax Energy, L.P. (collectively “Parallax”), today closed the acquisition of Vesta Energy Ltd. (the “Acquisition”), a private producer with a significant land […]

Integrated Power & Renewables: TotalEnergies Implements its Strategy of Capital Recycling with an Acquisition in Germany and a Farm Down in the US TotalEnergies acquires VSB and strengthens its renewables position in Germany TotalEnergies sells 50% of a 2 GW renewable portfolio in United States December 04, 2024 09:03 AM Eastern Standard Time PARIS–(BUSINESS WIRE)–Regulatory […]

Elyse Energy secures c. EUR120 million from Hy24, PGGM, Bpifrance and MirovaLyon, France, 5 December 2024 – Elyse Energy, a pioneering French company producing sustainable fuels and low-carbon feedstock, secured c. EUR120 million euros from Hy24, PGGM, Bpifrance and Mirova to accelerate development of its e-methanol and sustainable aviation fuel production projects in France and […]

Altus Power Strengthens its Presence in Maine with Operationalization of Three New Community Solar Projects December 05, 2024 08:00 AM Eastern Standard Time STAMFORD, Conn.–(BUSINESS WIRE)–Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced the acquisition of three operational projects in Maine, adding a total of 12.8 MWs to its […]