industrynews

Growing shareholder value: a reset bp 26 February 2025 A reset bp bp today introduced a fundamentally reset strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. Strategy fundamentally reset: reducing and reallocating capital expenditure, significantly reducing costs and driving improved performance […]

SMT Energy Secures US$135 Million for 320 MWH Battery in Houston: The battery energy storage project is expected to start commercial operation in Q2 2026 BOULDER, Colo., Feb. 26, 2025 /PRNewswire/ — SMT Energy has secured funding for a 160 MW / 320 MWH battery energy storage facility in Houston, TX known as SMT Houston […]

Chestnut Carbon Announces First Issuance of Credits from Forest Conservation Membership ProgramNews provided by Chestnut Carbon Feb 26, 2025, 07:00 ET Chestnut Carbon has issued and sold more than 64,000 tons of Improved Forest Management (IFM) carbon removal credits totaling $2.2 million to global financial services companies. NEW YORK, Feb. 26, 2025 /PRNewswire/ — Chestnut Carbon […]

CarbonQuest Secures $20 Million in Funding to Scale Carbon Capture DeploymentNew investments from Aligned Climate Capital and Energy Capital Ventures® underscore strong demand for carbon capture in a broad range of market segments February 26, 2025 09:00 AM Eastern Standard Time SPOKANE, Wash.–(BUSINESS WIRE)–CarbonQuest, a leading distributed carbon capture technology provider, announced that it closed […]

ONEOK Announces 2025 Financial Guidance and Provides 2026 Growth OutlookNews provided by ONEOK, Inc. Feb 24, 2025, 16:20 ET Higher 2025 Expectations Driven by Volume Growth, Completed Projects and Expanded Operations TULSA, Okla., Feb. 24, 2025 /PRNewswire/ — ONEOK, Inc. (NYSE: OKE) today announced 2025 financial guidance and provided a 2026 growth outlook. 2025 Financial Guidance: […]

New APR Energy Deploys 100MW+ of Mobile Gas Turbines for U.S. Based AI Hyperscaler Partners with Duos Technologies to deploy, install, and operate 100MW+ Behind-the-Meter Power Data Center Solution February 25, 2025 08:00 ET | Source: Duos Technologies Group, Inc  JACKSONVILLE, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) — New APR Energy LLC (“New APR Energy”), […]

LRE Repowers Caprock Wind, Boosting Efficiency and Strengthening U.S. Energy ResilienceUpgraded facility maximizes clean energy production while supporting local communities and agricultural land useTotal generation capacity reaches over 300 megawatts in New Mexico February 25, 2025 11:18 AM Eastern Standard Time DALLAS–(BUSINESS WIRE)–LRE (Leeward Renewable Energy, LLC) today announced the completion of its Caprock Wind […]

Sale of National Grid Renewables24th February 2025 – Press release National Grid plc (“National Grid”) today announces that it has agreed to sell its National Grid Renewables US onshore renewables business to Brookfield Asset Management and its institutional partners including Brookfield Renewable Partners.This transaction is another important step in delivering National Grid’s previously communicated strategy […]

United Sustainable Flight Fund Invests in Heirloom to Scale Direct Air Capture News provided by United Airlines Feb 25, 2025, 11:00 ET Sustainable Flight Fund also gets the right to purchase up to 500,000 tons of carbon dioxide removal Heirloom’s proven technology uses limestone to absorb CO2 CHICAGO, Feb. 25, 2025 /PRNewswire/ — United today announced […]

Mitico Secures $4.3 Million Seed Funding to Commercialize Industrial Carbon Capture Technology February 25, 2025 11:00 AM Eastern Standard Time PASADENA, Calif.–(BUSINESS WIRE)–Mitico, a pioneering carbon capture technology company, today announced it raised $4.3 million in seed funding to scale its innovative granulated metal carbonate sorption technology capturing carbon dioxide (CO2) emitted from industries. The […]