industrynews

U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset and Announces Upsized Credit Facility April 15, 2025 ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDC’s syndicated revolving credit facility led by Citibank, N.A. from $165 million to $300 million Fort Worth, TX – U.S. Energy Development Corporation (USEDC), a Fort Worth-based […]

Greg Harper Appointed New CEO of CapturePoint LLC Experienced energy executive to lead prominent carbon management company into next phases of growth in the rapidly expanding CCUS industry April 14, 2025 09:00 ET | Source: CapturePoint Solutions LLC ALLEN, Texas, April 14, 2025 (GLOBE NEWSWIRE) — CapturePoint LLC and affiliate CapturePoint Solutions LLC (together “CapturePoint”) […]

Technip Energies awarded a FEED contract for Jet Zero’s Sustainable Aviation Fuel project in AustraliaApril 16, 2025 01:00 ET | Source: TECHNIP ENERGIES Technip Energies (PARIS:TE) has been awarded a Front-End Engineering Design (FEED) contract by Jet Zero Australia Pty Ltd (Jet Zero) for Project Ulysses, a bioethanol to sustainable aviation fuel (SAF) project located […]

U.S. Energy Corp. Announces Acreage Acquisition and CCUS Development UpdateApril 16, 2025 07:00 ET | Source: U.S. Energy Corp.Follow HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) — U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced the closing of a strategic acquisition (the “Acquisition”) from a privately held company for $0.2 million, strengthening […]

GTT Strategic Ventures invests in high-performing materials for CO2 capture specialist novoMOF alongside Shift4Good, Regenerative ltd and existing shareholders2025-04-14 Paris, April 14, 2025 – GTT Strategic Ventures, the investment fund of the GTT group, announces the completion of a funding round of 4.4 million Swiss francs (approximately 4.6 million euros) in novoMOF, a specialist in […]

What our $50M Series B means for Crux partners April 16, 2025 We are thrilled to announce that Crux has successfully closed a $50 million Series B funding round, led by Lowercarbon Capital. Existing investors Andreessen Horowitz (a16z), Ardent Venture Partners, CIV, New System Ventures, and The Three Cairns Group participated in the round. They […]

Fidelis’ AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana News provided by Fidelis New Energy, LLC Apr 15, 2025, 05:01 ET PORT OF GREATER BATON ROUGE, La., April 15, 2025 /PRNewswire/ — AtmosClear BR, LLC (“AtmosClear”), a portfolio company of Fidelis, announced that it has signed a contract with Microsoft for […]

Kosmos Energy Announces First LNG Cargo at the Greater Tortue Ahmeyim Project in Mauritania and Senegal Apr 17, 2025 2:31 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Kosmos Energy (NYSE/LSE: KOS) notes the announcement today from bp plc (operator) that the first cargo of liquified natural gas (LNG) has been safely loaded from the Greater Tortue Ahmeyim […]

Net Power Announces Leadership ChangesNet Power appoints new Chief Operating Officer; CEO Danny Rice to assume interim Chief Financial Officer duties Apr 15, 2025 4:00 PM Eastern Daylight Time DURHAM, N.C.–(BUSINESS WIRE)–Net Power Inc. (NYSE: NPWR) (“Net Power” or the “Company”) today announced that Brian Allen, President and Chief Operating Officer, and Akash Patel, Chief […]

New PPA expands Fervo’s Cape Station to 500 MW, driven by surging demand for 24/7 clean energyHOUSTON, TX (April 15, 2025) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced the execution of a 15-year power purchase agreement with Shell Energy North America (US), L.P. (“Shell Energy”) for 31 MW of 24/7 […]