ExxonMobil (NYSE: XOM) has signed a non-binding memorandum of understanding (MOU) with SK On, a leading global electric vehicle (EV) battery developer. The MOU paves the way for a multiyear offtake agreement for up to 100,000 metric tons of Mobil™…
Constellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, released its 2024 Sustainability Report today. The report highlights Constellation’s sustainable business strategy aimed at accelerating the nation’s transition to carbon-free energy, addressing the climate crisis, and delivering long-term value…
EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQX: EVGIF) has announced the signing of a 20-year offtake agreement with FortisBC Energy Inc (“FortisBC”) through its subsidiary Fraser Valley Biogas Ltd. (“FVB”). This agreement is subject to approval by…
Origami Solar, a producer of patented steel solar module frames, has announced the establishment of a fully American supply chain, partnering with three leading steel fabricators. This initiative aims to mitigate risks associated with trans-Pacific shipping, dependence on foreign suppliers,…
LandYield and Finite Carbon, leveraging decades of expertise in forestry, carbon markets, and finance, have expanded their collaboration to the northeastern United States. This expansion allows over 200,000 landowners with 40 to 5,000 acres of forestland to enroll in LandYield’s…
Consolidated Asset Management Services (CAMS), a comprehensive service provider for energy infrastructure asset owners, announced a significant safety milestone today. Parkway Generation, a collection of power facilities managed by CAMS for operations and maintenance (O&M), has achieved five years without…
The Gazprom Management Committee reviewed progress on gas supply and infrastructure expansion programs across Russian regions in 2024. Efforts continue to connect previously unserved localities, including completion of inter-settlement gas pipelines to villages in Kabardino-Balkaria, Rostov, and Volgograd regions, benefiting…
Supergrid transformers, collectively weighing over 1,300 tonnes, have been transported to substations across National Grid’s electricity transmission network in the first half of this year. These transformers play a crucial role in upgrading infrastructure to enhance connections and resilience. In…
Eni acknowledges the recent request from Greenpeace and ReCommon to suspend legal proceedings concerning a climate-related lawsuit filed against Eni last year. This request follows their submission for a jurisdictional review within the Italian context, although the jurisdiction had already…
Phillips 66 (NYSE: PSX) has unveiled its 2024 Sustainability and People Report today, showcasing the company’s strategies in meeting global energy demands while advancing initiatives to lower emissions and drive growth. Mark Lashier, Chairman and CEO of Phillips 66, emphasized,…
The partners were awarded the permit for the CO2 Storage Kalundborg project today. The reservoir is approximately 1400 meters below ground and has the potential to store up to 12 million tons of CO2 per year. If successfully developed and…
TotalEnergies, the operator of Nigeria’s OML 58 onshore license with a 40% stake, along with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), has made the Final Investment Decision (FID) to develop the Ubeta gas field. The OML 58 license,…