industrynews

Next Wave and Lummus Produce World’s First Renewable Alkylate: First-of-a-kind, bio-based alkylate is an industry breakthrough in producing clean fuels HOUSTON, Oct. 1, 2024 /PRNewswire/ — Lummus Technology and Next Wave Energy Partners, LP (Next Wave) announced the production of the world’s first renewable alkylate. This renewable alkylate, derived from ethanol and produced through a series […]

Dominion Energy Announces Closing of Sale of Public Service Company of North Carolina: Final of three gas utility closings as part of Enbridge transactions announced in September 2023 Another major milestone in successful conclusion of company’s top-to-bottom business review RICHMOND, Va., Oct. 1, 2024 /PRNewswire/ — Dominion Energy, Inc. (NYSE: D), today announced closure of […]

Chesapeake Energy and Southwestern Energy Complete Merger and Provide Third Quarter Earnings Conference Call Information, Company Rebranded as Expand Energy: OKLAHOMA CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. […]

Venture Global Announces Closing of a $3 Billion Perpetual Preferred Stock Inaugural Offering: ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ — Venture Global LNG, Inc. (“Venture Global”) announced today that it has closed its inaugural offering of 3,000,000 shares of 9.00% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, with a $1,000 liquidation preference per […]

Sabanci Renewables Completes Financing for Oriana Solar Project with $137M Tax Equity Commitment from Advantage Capital: October 01, 2024 09:00 AM Eastern Daylight Time AUSTIN, Texas & NEW YORK–(BUSINESS WIRE)–Advantage Capital, a leading impact investment firm, announced that it has committed to provide a $137 million investment to Sabanci Renewables, a North American subsidiary of […]

APA Announces Final Investment Decision for First Oil Development Offshore Suriname: 50-50 joint venture with TotalEnergies’ subsidiary (Block 58 operator) for 220,000 barrels of oil per day Floating Production Storage and Offloading (FPSO) unit First oil production from the Krabdagu and Sapakara fields anticipated in 2028 Project to feature new technologies to minimize greenhouse gas […]

MOAJ Holding invests $30M in Joint Venture with MediSun Energy to Tackle Water Scarcity and Brine Challenges in Saudi Arabia: SINGAPORE, Sept. 30, 2024 /PRNewswire/ — MediSun Energy and MOAJ Holding are pleased to announce the formation of MediSun Arabia, a joint venture designed to drive innovative energy solutions and tackle water scarcity in Saudi […]

DOE provides $1.5 billion loan guarantee to restart Holtec Palisades nuclear plant in MichiganEnergy.gov Biden-Harris Administration Bringing Back Clean Nuclear Energy, Creating Clean Energy Union Jobs Across the Midwest $1.5 Billion Loan Guarantee from DOE Will Help First Ever Historic Restoration and Restart of a Nuclear Generating Station in Michigan $1.3 Billion in Grants from […]

BBVA forms a Strategic Partnership with KKR, investing $200 million in its Global Climate Strategy September 27, 2024 NEW YORK – September, 27th, 2024 – BBVA and leading global investment firm KKR have formed a new strategic partnership to support the decarbonization of the real economy. As part of the strategic partnership, BBVA has committed […]

Air Products Completes $1.81 Billion Sale of Liquefied Natural Gas Process Technology and Equipment Business to Honeywell: Strategic divestiture reflects Air Products’ commitment to its industrial gases and clean hydrogen growth strategy All related assets, intellectual property, manufacturing capability, and personnel have successfully transferred to Honeywell LEHIGH VALLEY, Pa., Sept. 30, 2024 /PRNewswire/ — Air […]