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New Energies
TotalEnergies Starts Biomethane Unit in Normandy
The project, called BioNorrois, utilizes beet pulp from French sugar group Cristal Union’s adjacent production site.
BKV Positions Itself to Meet Growing Power, CCS Demand
Electricity needs across the U.S. are expected to soar as industrial and manufacturing facilities, data centers and other consumers crave more power. BKV is exploring ways to bridge the gap between demand and energy supply.
Diamondback in Talks to Build Permian NatGas Power for Data Centers
With ample gas production and surface acreage, Diamondback Energy is working to lure power producers and data center builders into the Permian Basin.
BP Cuts Renewable Investment, Boosts Oil and Gas in Strategy Shift
BP aims to grow oil and gas production to between 2.3 MMboe/d and 2.5 MMboe/d in 2030.
First Solar Continues to Ride Growth Streak Fueled by Incentives, Demand
First Solar ended 2024 with a contracted backlog of 68.5 gigawatts valued at $20.5 billion, having sold a record 14.1 GW of modules.
Macquarie Asset Management Expands Investment in US Renewables
Macquarie Asset Management will acquire the remaining controlling interest in Galehead Development as part of a deal that will make Galehead a subsidiary of Treaty Oak Clean Energy.
E&P Highlights: Feb. 24, 2025
Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
Air Products Exits 3 US Projects, Expects Up to $3.1B Charge
Air Products’ three U.S. exits include a sustainable aviation fuel expansion project in California, a hydrogen production facility in New York and a carbon monoxide project in Texas.
Energy Vault Begins Construction of Battery Storage Project in Australia
Energy Vault says it will use a special inverter which enables advanced grid support functionalities for the project.
National Grid Agrees to Sell $1.7B Onshore US Renewables Business
The sale of National Grid Renewables to Brookfield comes as the utility continues efforts to streamline its business and focus on networks.