Industry News
The Hydrogen Decade: One Dollar, One Kilogram by 2030 – Hydrogen North America 2023
The hydrogen economy is a once-in-a-generation opportunity for businesses in North America. Fuelled through federal government tax credits, funding through the Inflation Reduction Act and the Infrastructure Investment and Jobs Act, the enormity of the opportunity...
BREAKING: Corpus Christi Carbon Storage Hub Awarded to World-Class Team lead by Repsol
CORPUS CHRISTI CARBON STORAGE HUB AWARDED TO WORLD-CLASS TEAM LED BY REPSOL South Texas Heavy Industry and State Schools Receive Boost Through Mega-Scale Regional Decarbonization Project The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract...
RWE Grows U.S. Offshore Wind Development Portfolio by 2-Gigawatt in BOEM’s First-Ever Offshore Wind Lease Auction in the Gulf of Mexico
RWE has secured a lease area in the Gulf of Mexico with a capacity to develop up to 2 gigawatts of fixed-bottom offshore wind and power over 350,000 U.S homes with clean energy Company will tap into the Gulf’s existing energy workforce and world-class supply chain to...
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: Aug 11 – 1PointFive Selected for U.S. Department of Energy Grant to Develop South Texas Direct Air Capture Hub
HOUSTON — August 11, 2023 —1PointFive, a wholly owned subsidiary of Occidental, announced today it was selected to receive a grant from the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) for the development of its South Texas Direct Air...
Enhancing Process Safety in Oil and Gas Facilities with AI-Enabled Explosion-Proof Cameras and NDAA Compliant Chips – Spectrum Camera Solutions
Enhancing Process Safety in Oil and Gas Facilities with AI-Enabled Explosion-Proof Cameras and NDAA Compliant Chips Introduction Safety is paramount in the oil and gas industry, where any lapse in security measures can lead to catastrophic consequences. To address the...
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: July 19 – Energy Northwest and X-energy Sign Joint Development Agreement for Xe-100 Advanced Small Modular Reactor Project
"Project to potentially deploy up to 12 Xe-100 modules, 960 MW of Carbon-Free Power RICHLAND, Washington and ROCKVILLE, Maryland – July 19, 2023 – Energy Northwest, a premier provider of carbon-free electricity, and X-Energy Reactor Company, LLC (“X-energy”), a...
BREAKING: July 17 – Buckeye Partners Acquires Carbon Capture Company Elysian
Buckeye Partners Acquires Carbon Capture Company Elysian CCS Platform Accelerates Buckeye’s Lower-Carbon Solutions Strategy HOUSTON – July 17, 2023 – Buckeye Partners (“Buckeye”) today announced that it has acquired Elysian Carbon Management (“Elysian”) from EnCap...