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Showing posts from June, 2025

Producers Midstream Launches Binding Open Season for Firm Transportation Service on Palo Duro Pipeline

Producers Midstream Launches Binding Open Season for Firm Transportation Service on Palo Duro Pipeline News provided by  Producers Midstream Jun 30, 2025, 09:00 ET DALLAS, June 30, 2025 /PRNewswire/ -- Producers Midstream II, LLC ("Producers Midstream" or the "Company"), a portfolio company of Tailwater Capital focused on providing a full suite of midstream solutions to customers across the U.S., today announced the launch of a binding Open Season through its Palo Duro ("PD") Pipeline subsidiary to solicit interest in firm transportation service on a proposed natural gas pipeline project. The proposed pipeline project will utilize existing infrastructure to provide a new pathway interconnecting the Waha residue markets in the Permian Basin with the Mid-Continent residue markets in the Anadarko Basin. This positions it as a strategic backbone for the growing demand for natural gas in industrial, petrochemical, power generation, and AI-related behind-the-met...

Hafslund Celsio Signs Carbon Removal Agreement with Microsoft

Hafslund Celsio Signs Carbon Removal Agreement with Microsoft Translated to English Hafslund Celsio will deliver 1.1 million tons of permanent carbon removal over 10 years to Microsoft. Published: June 30, 2025 Hafslund Celsio has entered into an agreement with Microsoft to deliver 1.1 million tons of permanent carbon removal over a 10-year period. The deal provides essential financial support for Hafslund Celsio’s full-scale carbon capture project in Oslo and affirms the waste incineration sector as a credible source of durable carbon removal. As part of Norway’s Longship project, Hafslund Celsio is installing carbon capture technology at Norway’s largest waste incineration plant at Klemetsrud in Oslo. This will be one of the world’s first carbon capture projects in waste management, encompassing the entire value chain from capture to permanent storage. CO₂ capture is expected to begin in autumn 2029. The captured CO₂ will be permanently stored by Northern Lights under the seabed on ...

Innovex Expands Platform With Highly Accretive Acquisition of Citadel Casing Solutions

Innovex Expands Platform With Highly Accretive Acquisition of Citadel Casing Solutions Jun 2, 2025 9:20 AM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--Innovex International, Inc. (NYSE: INVX) (the “Company” or “Innovex”) is pleased to announce that it has completed the acquisition of Citadel Casing Solutions, LLC (“Citadel”), leveraging its unique, energy industrial platform. This investment meets all the criteria of the Company’s disciplined M&A framework, including a focus on single-use, highly engineered products that share the Company’s “Big Impact, Small Ticket” value proposition. "This acquisition bolsters our leadership position in the cementing tool market in US Land and supports our efforts to grow market share in the offshore and international markets.”Share Founded in 2016 by a team of industry experts, Citadel is a leading provider of differentiated downhole technologies which are designed to improve its customers’ economics by driving reduced cycle times th...

Invenergy to Provide Meta with Nearly 800 MW, Supporting Data Center Operations

Invenergy to Provide Meta with Nearly 800 MW, Supporting Data Center Operations : New agreements nearly double total procured clean energy between the companies, provide near-term energy capacity CHICAGO , June 26, 2025 /PRNewswire/ -- Invenergy, America's largest privately held developer, owner and operator of clean energy solutions, and Meta Platforms, Inc (Nasdaq: META ) today announced they have signed four additional clean energy agreements that represent an additional 791 megawatts (MW) of procured solar and wind energy. The agreements will provide near-term energy to support Meta's operations, data center growth, and clean energy goals. The agreements come after the  2024 announcement of Meta's 1,000 MW of total procured energy from Invenergy. Together, these projects bring the companies' partnership to a total of 1,800 MW, including over 740 MW of new energy generation in Ohio . The electricity from these projects will be deliver...

Coastal Bend LNG Initiates Development of 22.5 Mtpa LNG Export Facility

Coastal Bend LNG Initiates Development of 22.5 Mtpa LNG Export Facility Jun 26, 2025 7:15 AM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--Today, Coastal Bend LNG announced it has initiated development of a 22.5 million ton per annum (Mtpa) natural gas liquefaction and export facility on the Texas Gulf Coast. Coastal Bend LNG’s planned development will include up to five 4.5 Mtpa liquefaction trains, cogeneration, LNG storage tanks, and export facilities for shipping, bunkering, and ISO containers. Carbon capture, transport, and storage will be integrated into Coastal Bend LNG’s facilities to deliver low carbon intensity natural gas sourced from U.S. onshore basins. “We are responding to growing global demand for low carbon intensity LNG,” said Nick Flores, CEO of Coastal Bend LNG. He added, “The integration of carbon capture on both our liquefaction and cogeneration facilities will deliver low carbon intensity LNG while monetizing both 45Q tax credits and our low-carbon products....

Enfinity Global Expands U.S. Structured Credit Facility to $245 Million to Accelerate Renewable Energy Deployment

Enfinity Global Expands U.S. Structured Credit Facility to $245 Million to Accelerate Renewable Energy Deployment : MIAMI , June 26, 2025 /PRNewswire/ -- Enfinity Global Inc., a leader in renewable energy, announced today the successful expansion of its structured credit facility in the United States to $245 million. This latest transaction is part of a broader financing strategy to secure long-term capital for the development, construction, and operation of Enfinity's 22 GW utility-scale solar and energy storage portfolio across the country. The asset-based credit facility was lead-arranged by Nomura, with participation from top-tier institutional investors including Copenhagen Infrastructure Partners (CIP), through its Green Credit Fund I (CI GCF I), Generate Capital, HSBC Asset Management, and Versus Capital Infrastructure Income Fund. "We are grateful for the investments and relationships with Nomura, CIP, HSBC Asset Management, Generate Capital, and Vers...

Ambienta raises €500m for small cap strategy

Ambienta raises €500m for small cap strategy § Ambienta exCeeds €450m target driven by strong demand for authentiC sustainable investment strategies § Strategy will baCk small Cap environmental sustainability Champions aCross Europe § Pan-European deployment led by senior team initially in Milan and Paris, followed by expansion aCross other offiCes Milan/London/Paris/Munich, 26 June 2025 Ambienta SGR S.p.A. ("Ambienta"), one of Europe’s leading asset managers pioneering investment in environmental sustainability aCross private and publiC markets, today announCes that it has reCeived Commitments of C. €500 million for its small Cap strategy. Driven by strong demand from existing investors aCross Ambienta’s strategies, this exCeeds its original €450 million target and refleCts Continued ConfidenCe in Ambienta’s differentiated, sCienCe-based investment approaCh and its ConviCtion in sustainability as a driver of long-term value. The announCement marks a strategiC milestone fo...

Shell plc (“Shell”) statement re BP plc (“BP”)

Shell plc (“Shell”) statement re BP plc (“BP”) 26 Jun 2025 In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION FOR IMMEDIATE RELEASE THIS ANNOUNCEMENT IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE UK CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”) 26 June 2025 Shell plc (“Shell”) statement re BP plc (“BP”) In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer. This is a statement to which Rule 2.8 of the Code applies and accord...

Energy Transfer Expands LNG Supply Agreement With Chevron by 1.0 Million Tonnes Per Annum From Lake Charles LNG

Energy Transfer Expands LNG Supply Agreement With Chevron by 1.0 Million Tonnes Per Annum From Lake Charles LNG Total Commitment from Chevron Now at 3.0 Million Tonnes Per Annum Jun 25, 2025 8:00 AM Eastern Daylight Time DALLAS--( BUSINESS WIRE )--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has signed an incremental Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Chevron) for additional LNG supply from its Lake Charles LNG export facility. The 20-year agreement for 1.0 million tonnes per annum (mtpa) increases Chevron’s total contracted volume from Energy Transfer LNG to 3.0 mtpa, following the initial 2.0 mtpa agreement signed in December 2024. As with the first SPA, the LNG will be supplied to Chevron on a free-on-board (FOB) basis and the purchase price will consist of a fixed liquefaction charge and a gas supply component indexed to the Henry Hub benchmark. The obligations of Energy Transfer LNG un...

Range Resources Publishes 2024-2025 Corporate Sustainability Report

Range Resources Publishes 2024-2025 Corporate Sustainability Report Jun 26, 2025 at 7:00 AM EDT FORT WORTH, Texas, June 26, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today published its 2024-2025 Corporate Sustainability Report. The report illustrates the Company’s focus on sustainably developing the energy the world needs. “Operational excellence and environmental responsibility go hand in hand - delivering sustainable performance today, and long-term value well into the future,” said Dennis Degner, the Company’s CEO, “the natural gas and natural gas liquids we produce in Pennsylvania are economically and environmentally advantaged due in large part to the innovative culture Range has built. The latest report reflects our disciplined approach that prioritizes environmental stewardship, efficient operations and financial strength.” Corporate Sustainability Report Highlights Range achieved Net Zero Scope 1 and 2 GHG emissions through direct emissions reductions an...

EQT Releases 2024 ESG Report, "Promises Made, Promises Delivered"

EQT Releases 2024 ESG Report, "Promises Made, Promises Delivered" News provided by  EQT Corporation Jun 24, 2025, 11:27 ET Company Marks Milestone as World's First Large-Scale Traditional Energy Producer to Achieve Net Zero Scope 1 & 2 Greenhouse Gas Emissions PITTSBURGH, June 24, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT ), a premier vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin, today announced the publication of its 2024 Environmental, Social and Governance (ESG) Report , titled "Promises Made, Promises Delivered." The report reflects EQT's transformative progress over the last five years, culminating in a landmark achievement: becoming the world's first large-scale traditional energy company to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions. The report also showcases how natural gas is playing a leading role in shaping the energy future, reinforcin...

Southern Company Gas expands clean energy portfolio with new renewable natural gas agreements for its Virginia and Tennessee subsidiaries

Southern Company Gas expands clean energy portfolio with new renewable natural gas agreements for its Virginia and Tennessee subsidiaries Lifecycle emission reductions estimated to be 18,978 metric tons of CO₂e, equivalent to the carbon sequestered by 19,036 acres of U.S. forests in one year ATLANTA, GA – June 25, 2025 – Two Southern Company Gas subsidiaries – Virginia Natural Gas and Chattanooga Gas – have completed new renewable natural gas purchases, adding to both utilities’ growing portfolios of clean, sustainable fuel. The lifecycle emissions avoided by these transactions combined are estimated to be 18,978 metric tons of carbon dioxide equivalent (CO₂e), which is equivalent to the carbon sequestered by 19,036 acres of U.S. forests in one year. RNG is a sustainable product produced from naturally occurring methane emitted from landfills, agricultural waste, wastewater and food waste as it decomposes. By capturing this methane before it enters the atmosphere, RNG significantly red...

1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase

1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase Transaction advances Direct Air Capture as a decarbonization solution for one of the world’s largest financial organizations June 24, 2025 15:30 ET | Source: 1PointFive HOUSTON, June 24, 2025 (GLOBE NEWSWIRE) -- 1PointFive , a carbon capture, utilization, and sequestration (CCUS) company, today announced that JPMorganChase purchased 50,000 metric tons of carbon dioxide removal (CDR) credits over 10 years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies that help organizations achieve their sustainability goals and support the development of vital energy infrastructure in the United States. The CDR credits for JPMorganChase will be produced from STRATOS, 1PointFive’s first DAC facility in Texas that is starting up this year. As a subsidiary of Occidental, 1PointFive is leveraging more than 50 years of carbon management expertise...

Anew Climate and Aurora Sustainable Lands Collaborate with Microsoft to Deliver Landmark 10-Year Agreement for Carbon Removal Credits

Anew Climate and Aurora Sustainable Lands Collaborate with Microsoft to Deliver Landmark 10-Year Agreement for Carbon Removal Credits Agreement to deliver 4.8 million nature-based carbon removal credits through next-generation IFM projects while protecting over 425,000 acres of forestland Jun 25, 2025 3:00 AM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--Anew Climate and Aurora Sustainable Lands today announced a 10-year agreement with Microsoft to deliver 4.8 million nature-based carbon removal credits. “This agreement sets a new standard for nature-based carbon removals, pairing technical rigor with environmental stewardship at scale,” said Angela Schwarz, Chief Executive Officer of Anew Climate.Share The deal supports one of the largest permanent working forest carbon removal efforts in the United States, and will provide investments and jobs across timberland communities. The projects, developed by Anew Climate and owned and managed by Aurora Sustainable Lands, span ecologicall...

Frontier Infrastructure Holdings and Wild Assets Announce Major Offtake Agreement for High-Quality BECCS Carbon Removal Credits

Frontier Infrastructure Holdings and Wild Assets Announce Major Offtake Agreement for High-Quality BECCS Carbon Removal Credits News provided by  Frontier Infrastructure Holdings Jun 24, 2025, 09:00 ET DALLAS and NEW YORK, June 24, 2025 /PRNewswire/ -- Frontier Infrastructure Holdings (Frontier), a leading developer of low-carbon infrastructure across the Mountain West and Texas, today announced a significant offtake agreement with Wild Assets, a first-of-its-kind global asset manager for Carbon Dioxide Removal (CDR). The agreement secures the purchase of up to 120,000 tonnes of high-permanence CDR credits generated through Bioenergy with Carbon Capture and Storage (BECCS). Frontier, a portfolio company of Tailwater Capital LLC ("Tailwater"), a private equity firm specializing in energy and environmental infrastructure will produce these credits by capturing biogenic CO₂ emissions from ethanol refineries. Utilizing a CO₂-by-rail logistics model in partnership with a major rai...

BRUSH Group to Be Acquired by Energy Investor Greenbelt Capital Partners

BRUSH Group to Be Acquired by Energy Investor Greenbelt Capital Partners Jun 24, 2025 9:30 AM Eastern Daylight Time LOUGHBOROUGH, England--( BUSINESS WIRE )--BRUSH Group Ltd, (“BRUSH” or the “Company”) a leading engineering solutions provider for UK electrical infrastructure projects, announced today that funds managed by Greenbelt Capital Management L.P. (“Greenbelt” or “Greenbelt Capital Partners”) have signed a definitive agreement to acquire the Company from funds managed by OEP Capital Advisors, L.P. (“One Equity”). A true UK success story, BRUSH has greatly contributed to the UK’s electrical energy infrastructure for almost 150 years and operates from multiple locations across the UK as well as in Italy. A trusted provider of power transformers, electrical switchgear, and engineering solutions for the transition to net zero, this transaction will see the firm build on the strong and sustained growth it has enjoyed in recent years, with reported revenue of circa £150M annually. Th...