industrynews

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 […]

ASCENT RESOURCES, LLC RELEASES 2023 SUSTAINABILITY REPORT: OKLAHOMA CITY, July 1, 2024 /PRNewswire/ — Ascent Resources, LLC (together with its subsidiaries, “Ascent” or the “Company”) announced today that it has published its 2023 Sustainability Report (formerly Environmental, Social and Governance Report) chronicling the Company’s environmental, health and safety; social; and governance efforts and accomplishments in […]

Cedar LNG Announces Positive Final Investment Decision: World’s First Indigenous Majority-Owned, Hydro-Powered, Floating LNG Facility Becomes a Reality June 25, 2024 04:10 PM Eastern Daylight Time KITAMAAT VILLAGE, British Columbia–(BUSINESS WIRE)–The Haisla Nation and Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA), partners in Cedar LNG Partners LP (“Cedar LNG”), today announced a positive Final […]

Georgia Power Partners with U.S. Army Garrison Eisenhower for Resiliency and to Reduce Carbon Footprint: ATLANTA, July 1, 2024 /PRNewswire/ — Georgia Power, a Southern Company subsidiary, is partnering with U.S. Army Garrison Fort Eisenhower as a part of a $72 million utility energy service contract (UESC) to increase the energy efficiency of the 55,000-acre military […]

Austrian Waste-to-X biotech startup Vertus Energy secures €8.75M in a seed funding: Vertus Energy, a Vienna-based startup specializing in advanced control of bacteria behaviour, has secured €8.75 million in a seed funding round led by Energy Capital Ventures. It will be used to scale the company’s flagship product, BRIO, into pilot projects, EU-Startups informs. Founded in […]

Brookfield Opens Fundraising for Catalytic Transition Fund with Anchor Commitment from ALTÉRRA Targeted to Raise up to $5 billion to Scale Up Climate Finance in Emerging Markets: First dedicated fund introduced for transition investing in emerging markets $1 billion committed by UAE-backed ALTÉRRA CTF first close expected by the end of 2024 BROOKFIELD, NEWS, June 13, […]

e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Initiatives:New financing will enable e-Zinc to complete its pilot manufacturing facility and begin deploying commercial pilot projects of its long-duration energy storage system June 27, 2024 09:00 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–e-Zinc, the company enabling sustainable, long-duration energy storage with its zinc-air battery, […]

Galvanize Climate Solutions’ Real Estate Strategy Acquires Second Asset: Galvanize’s pioneering real estate strategy leverages proprietary technology with the aim of optimizing energy efficiency savings, generating renewable power, and increasing asset value. One Gateway Boulevard (Photo: Business Wire) June 27, 2024 06:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Galvanize Real Estate (“GRE”), the sustainable real […]

LanzaTech and LanzaJet Introduce CirculAir™, a Revolutionary and Commercially Ready Solution to Convert Waste, Carbon, and Renewable Power to Sustainable Aviation Fuel: CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, and LanzaJet, Inc., a leading sustainable fuels technology […]