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Engine no. 1, Chevron and GE Vernova to power U.S. data centers -New JV plans to deliver up to four gigawatts (GW) of power

Engine no. 1, Chevron and GE Vernova to power U.S. data centers -New JV plans to deliver up to four gigawatts (GW) of power

by Efrain Garcia | Jan 28, 2025 | Downstream News

Breaking News Brought to You By: New joint development plans to deliver up to four gigawatts (GW) of power by leveraging American energy abundance to drive American AI leadership. NEW YORK AND HOUSTON (January 28, 2025) – Engine No. 1 and Chevron U.S.A. Inc. (NYSE:...
BREAKING News $16.4 billion Acquisition: Constellation To Acquire Calpine

BREAKING News $16.4 billion Acquisition: Constellation To Acquire Calpine

by Efrain Garcia | Jan 10, 2025 | Downstream News

Breaking News Brought to You by: Constellation to Acquire Calpine in Stock and Cash Joins Best-in-Class Customer Platforms, Providing Opportunities to Better Serve Customers with a Broader Array of Energy and Sustainability Products Combines Nation’s Premier Nuclear,...
Dow and Innventure to Collaborate on Waste-to-Value Platform

Dow and Innventure to Collaborate on Waste-to-Value Platform

by Efrain Garcia | Dec 24, 2024 | Downstream News

MIDLAND, Mich. & ORLANDO, Fla. – December 18, 2024 – Dow (NYSE: DOW) and Innventureopens in a new tab (NASDAQ: INV), a technology commercialization platform, today announced plans to collaborate to develop and commercialize new waste-to-value technologies. The...
DOE’s Office of Clean Demonstrations Announces $1.8 Billion in New Funding for DAC Technologies

DOE’s Office of Clean Demonstrations Announces $1.8 Billion in New Funding for DAC Technologies

by Efrain Garcia | Dec 20, 2024 | Downstream News

The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today opened applications for up to $1.8 billion in funding for the design, construction, and operation of mid- and large-scale commercial direct air capture (DAC) facilities and...
Phillips 66 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital

Phillips 66 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital

by Efrain Garcia | Dec 17, 2024 | Downstream News

HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. “We continue to demonstrate capital discipline, aligning our...
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