Industry News
Chevron Could Pursue Phillips 66’s Stake in Chevron Phillips Chemical Joint Venture
Chevron has expressed interest in purchasing Phillips 66’s stake in their chemicals joint venture, Chevron Phillips Chemical, according to a report by Bloomberg. While no formal discussions have taken place, Chevron sees petrochemicals as a strategic growth area and...
$145mm Investment: Governor Abbott Announces New Braven Environmental Facility In Texarkana
This Article Brought to you by Bron & Claude February 13, 2025 | Austin, Texas | Press Release NOTE: Updated on February 14, 2025. Governor Greg Abbott today announced the third project under the new Texas Jobs, Energy, Technology, and Innovation (JETI) program is...
Commonwealth LNG Receives Conditional Non-FTA Authorization from DOE and Draft Supplemental Environmental Impact Statement from FERC
Key regulatory milestones pave way for final investment decision in September 2025; first LNG production expected in Q1 2029 HOUSTON and NEW YORK Feb. 14, 2025 – Commonwealth LNG (“Commonwealth”) today announced it has received a conditional non-free trade agreement...
Breaking News: Coastal Plain Project -ExxonMobil Weighs $8.6 Billion Petrochemical Expansion in Calhoun County, Texas
This News Article Brought to you by Bron & Claude Coastal Plain Project in Calhoun County, TX ExxonMobil is evaluating the construction of a large-scale ethane cracker and polyethylene (PE) plant near Corpus Christi, Texas, as part of its global growth strategy....
Part of KM $1.7 Billion Pipeline: Entergy Texas partners with Kinder Morgan, Golden Pass LNG to fuel Southeast Texas growth
BREAKING NEWS: Fuel supply agreement strengthens reliability, lowers costs, and powers growth THE WOODLANDS, Texas – Entergy Texas reached a landmark transportation agreement with Kinder Morgan to secure natural gas supply, supporting the rapid industrial, commercial...
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
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 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
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
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
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 investments with...