industrynews

Diamondback Energy, Halliburton, and VoltaGrid Sign Agreement for Four Electric Simul-Frac Fleets in the Permian Basin: HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) — Diamondback Energy (NYSE: FANG), Halliburton Energy Services (NYSE: HAL), and VoltaGrid LLC have entered into a landmark agreement to deploy four advanced electric simul-frac fleets across the Permian Basin. This collaboration represents […]

Spiritus Launches New Mexico Pilot Facility for Direct-Air-Capture Carbon Removal Operations in Collaboration with Nambé PuebloAdvancing real-world validation of novel sorbent technology, Spiritus creates high-skill jobs in New Mexico and continues momentum for carbon removal projects worldwide December 12, 2024 09:00 AM Eastern Standard Time LOS ALAMOS, N.M.–(BUSINESS WIRE)–Spiritus, the climate tech company developing cost-effective […]

Cyclyx Names Chris Yandell as Chief Executive Officer: HOUSTON, Texas, Dec. 13, 2024 /PRNewswire/ — Cyclyx International, LLC., a post-use plastic-to-feedstock company, today marks a pivotal moment in its mission to revolutionize plastic recycling with the appointment of Chris Yandell to serve as chief executive officer, effective January 1, 2025. Outgoing CEO Joe Vaillancourt is […]

Carbon-Negative Fuels Pioneer Pathway Energy Debuts with Ultra Negative Sustainable Aviation Fuel and Plans for New SAF Facility on US Gulf CoastNews provided byNexus PMG Dec 12, 2024, 07:00 ET Pathway’s first facility charts a path to carbon-negative flights and will abate up to 6,000 long-haul flights annually HOUSTON, Dec. 12, 2024 /PRNewswire/ — Pathway […]

DOE Announces $1.25 Billion Loan to EVgo to Expand Nationwide Public Fast ChargingEVgo will add 7,500 Public Chargers to Nation’s Rapidly Growing Fast Charging Network Loan Programs Office December, 12 2024 As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of […]

Rio Tinto to invest $2.5 billion to expand Rincon lithium project capacity to 60,000 tonnes per year 12 December 2024 LONDON–(BUSINESS WIRE)– Rio Tinto has approved $2.5 billion1 to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon’s capacity of […]

Gravity Agrees to Sell Water Midstream Business to Delek Logistics: HOUSTON, Dec. 12, 2024 /PRNewswire/ — Gravity Oilfield Services Inc. (“Gravity” or the “company”), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), announced today that it has agreed to sell its Gravity Water Midstream division to Delek […]

Export-Import Bank of United States Issues LOI to Last EnergyDecember 13, 2024 Bank Confirms Willingness To Support South Wales Microreactor With $103.7M Debt Financing Letter Is First Such From EXIM For A Microreactor, Follows Review Of Last Energy’s Technology, Business Model, Manufacturing Plan ‍Washington, D.C. — Last Energy, an American cleantech startup aiming to become […]

Summit Carbon Solutions Secures Sequestration Permits from North Dakota Industrial CommissionMajor Milestone in Advancing the Critical Infrastructure ProjectAmes, Iowa [December 12, 2024] –Summit Carbon Solutions announced today that it has received three Class VI sequestration permits from the North Dakota Industrial Commission (NDIC), marking a critical step forward in the Midwest Carbon Express project. These […]

Boston Consulting Group Purchases Over 50,000 Tonnes of Carbon Removal to Advance Climate ActionDecember 12, 2024  The second largest durable carbon removal purchase to date for BCG, with delivery to be completed by 2026 Secures BCG’s position in the top ten global buyers of durable certified carbon dioxide removals, with nearly 200,000 tonnes to date […]