industrynews

Blackstone Announces $5.6 Billion Final Close for Blackstone Energy Transition Partners IV at Hard CapFebruary 26, 2025 New York – February 26, 2025 – Blackstone (NYSE: BX) today announced the final close for its energy-transition-focused private equity fund, Blackstone Energy Transition Partners IV (“BETP IV”). BETP IV closed at its hard cap of $5.6 billion […]

Major SLB Capturi’s carbon capture plant components installed at Ørsted Kalundborg CO2 HubPublished: 02/26/2025 Completed installation of key components marks a crucial step towards operationalizing Denmark’s pioneering CO2 capture facility SLB Capturi has completed an important project milestone supporting Ørsted Kalundborg CO2 Hub and the realisation of Denmark’s first carbon capture and storage project (CSS). […]

KKR To Make Further Investment In Enilive February 18, 2025 London, 18th February 2025 – KKR, a leading global investment firm, today announces that KKR has signed an agreement to acquire an additional 5% stake in Enilive from Eni for a consideration of €587.5 million, taking its total holding in Enilive to 30%. Enilive is […]

VerAI Discoveries Secures $24 Million in Series B Funding Led by Insight Partners to Grow Its Global Asset Portfolio of AI-Based Mineral Discoveries: BOSTON, Feb. 26, 2025 /PRNewswire/ — VerAI Discoveries (VerAI), a pioneering AI-driven mineral asset company, is pleased to announce a $24 million first closing of its Series B round. The investment was […]

Civitas Resources Provides 2025 Outlook Focused on Free Cash Flow and Debt ReductionSuccessful land optimization initiatives and bolt-on acquisition expand high–quality development inventory February 24, 2025 04:18 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced its 2025 outlook, including a new debt reduction goal for the year, […]

Ring Energy Announces Accretive Bolt-On AcquisitionFebruary 26, 2025 06:45 ET | Source: Ring Energy, Inc. ~ Capturing Synergies and Expanding Central Basin Platform Operations ~ ~ Announces Timing of Q4 and FY 2024 Earnings Release and Conference Call ~ THE WOODLANDS, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” […]

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 […]