Industry News
Industrial Data Labs Raises $1.5 Million in Seed Round to Drive Innovation in Industrial Sales Processes with Applied AI
Industrial Data Labs (IDL), a Houston-based startup specializing in Applied AI technology for the PVF industry, is pleased to announce the successful closing of its seed round, securing $1.5 million in funding. This significant investment propels the company's mission...
BREAKING : Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering – Approx $1.1 Billion
Integration of Occidental’s operations experience and Carbon Engineering’s technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY)...
BREAKING: Energy Transfer to Acquire Crestwood in a $7.1 Billion All Equity Transaction
August 16, 2023 at 8:00 AM EDT Unit-for-unit, credit neutral bolt-on acquisition Expected to be immediately accretive to DCF per unit upon closing Extends Energy Transfer’s position in the value chain deeper into the Williston and Delaware basins Provides entry into...
July 19: KBR and Air Liquide to Offer Low Carbon Ammonia Solutions with ATR Technology
KBR and Air Liquide to Offer Low Carbon Ammonia Solutions with ATR Technology Publish Date: 19 Jul 2023 "HOUSTON, July 19, 2023 - KBR (NYSE: KBR) announced today that it will now offer its clients the option to include a fully integrated and flexible Autothermal...
BREAKING: A Transaction Valued at $4.9 Billion ExxonMobil Announces Acquisition of Denbury
ExxonMobil Announces Acquisition of Denbury Combined assets and capabilities further accelerate ExxonMobil’s Low Carbon Solutions business and create an even more compelling customer decarbonization proposition Leading CCS network underpins ExxonMobil’s commitment to...
Breaking: July 12 – $18.4 Billion Financial Commitments- NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1
HOUSTON--(BUSINESS WIRE)--Jul. 12, 2023-- NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the Company’s 27 million...
July 6: Press Release: Great Southern Flameless will design and supply furnaces and process heating units for Southern Rock Energy Partners
Great Southern Flameless will design and supply furnaces and process heating units July 6, 2023, Broken Arrow, Oklahoma ‐‐ Great Southern Flameless (GSF) announced today it has been awarded a commercial agreement with Southern Rock Energy Partners to design and supply...
$3.3 Billion Transaction: Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG
Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG DES MOINES, Iowa – July 10, 2023 – Berkshire Hathaway Energy today announced it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point...
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June 29 Joint news release: BASF and Yara to evaluate low-carbon blue ammonia project at U.S. Gulf Coast
"BASF and Yara to evaluate low-carbon blue ammonia project at U.S. Gulf Coast OSLO, NO – WATERLOO, BE – BASF and Yara Clean Ammonia are collaborating on a joint study to develop and construct a world-scale low-carbon blue ammonia production facility with carbon...