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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...
Venture Global’s Plaquemines LNG Achieves Historic First LNG Production

Venture Global’s Plaquemines LNG Achieves Historic First LNG Production

by Efrain Garcia | Dec 15, 2024 | Downstream News

Arlington, Virginia —Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana. Achieving this milestone for a 20 MTPA nameplate capacity project 30 months from its Final...
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