Westinghouse Achieves Historic First: U.S. Nuclear Regulatory Commission Approves Incremental Burnup
Westinghouse Electric Company has received the Nuclear Regulatory Commission’s approval to increase the burnup limit for its Westinghouse Encore® fuel designs. This approval enhances nuclear fuel efficiency, extends time between reactor refuels, and reduces operating costs. Currently, U.S. Pressurized Water…
Oklo Secures Preferred Supplier Agreement for Steam Turbine Generator Products and Services
Oklo Inc. (NYSE: OKLO), a company specializing in clean power technology and nuclear fuel recycling, has announced a significant advancement in its supply chain management by entering into a Preferred Supplier Agreement with Siemens Energy. This agreement, which covers the…
NOVA Finalizes Acquisition of UGE International
NOVA Infrastructure (“NOVA”), a middle-market infrastructure investment firm, has finalized its acquisition of UGE International Ltd. (“UGE” or the “Company”), a leader in community solar and battery storage solutions. NOVA agreed to purchase approximately 70% of UGE’s common shares on…
Vertical Aerospace Sets Date for Annual General Meeting
Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a leader in zero-emission aviation technology, has announced that its Annual General Meeting (AGM) will take place at 12:30 PM London Time on September 16, 2024. The meeting will be…
Ducon Infratechnologies Announces 406% Increase in Q1 FY25 PAT
Ducon Infratechnologies Limited (NSE: DUCON, BSE: 534674), a leading provider of Fossil Fuel Clean Technology and a key player in India’s transition to green energy, has announced its unaudited financial results for Q1 FY25. Q1 FY25 Key Financial Highlights (Consolidated):…
Torus Introduces ‘Community’ Feature to Enhance Grid Resilience with Microgrid Technology
Torus, a leader in sustainable energy innovation, has announced the launch of Torus Community, a distributed energy management feature designed to significantly enhance grid resilience. The introduction of Torus Community follows over a year of successful contributions from Torus customers…
Flowserve Declares Quarterly Cash Dividend of $0.21 Per Share
Flowserve Corporation (NYSE: FLS), a global leader in flow control products and services for infrastructure markets, announced that its Board of Directors has approved a quarterly cash dividend of $0.21 per share on the company’s outstanding common stock. The dividend…
SCS Technologies CEO Joins Winning Hydrogen Capstone Project Team at University of Houston
SCS Technologies (SCS), a leading provider of CO2 measurement systems, methane vapor recovery units, and petroleum LACT units, announced that Cody Johnson, the company’s CEO, was a member of the winning team for the 2024 Spring Capstone Project in the…
Croixstone Consulting Earns 4,250th Spot on the 2024 Inc. 5000 List
Inc. announced today that Croixstone Consulting has secured the No. 4,250 position on the 2024 Inc. 5000, the annual ranking of America’s fastest-growing private companies. This prestigious list offers a comprehensive analysis of the most successful companies within the economy’s…
U.S. Begins First Oil Production from Anchor Field in Gulf of Mexico
TotalEnergies has announced the commencement of production from the Anchor field, located in the U.S. Gulf of Mexico, where the company holds a 37.14% stake alongside operator Chevron, which holds 62.86%. Situated 225 kilometers off the coast of Louisiana, the…
Chevron Begins Production at Anchor Using Pioneering Deepwater Technology
Chevron Corporation (NYSE: CVX) announced today that it has commenced oil and natural gas production from the Anchor project in the deepwater U.S. Gulf of Mexico. This project marks the successful deployment of high-pressure technology, capable of safely operating at…
Aramco to Invest $100M in KAUST for Advanced R&D Support
Aramco, a global leader in integrated energy and chemicals, has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to support research aimed at generating both environmental and commercial benefits. Over the next decade,…
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