Industry News
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...
Venture Global’s Plaquemines LNG Achieves Historic First LNG Production
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...
Heirloom to build two Direct Air Capture (DAC) facilities in Northwest Louisiana
News Brought to You by: The combined facilities will be capable of removing nearly 320,000 tonnes of carbon dioxide per year and will create at least 1,000 jobs in Northwest Louisiana. Direct Air Capture (DAC) provider Heirloom today announced an unprecedented...