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Ideanomics Subsidiary US Hybrid, Mi-Jack to Develop Hydrogen Powered Rubber Tire Gantry Crane
March 8, 2023
Ideanomics said its subsidiary US Hybrid has been selected by Mi-Jack to convert a rubber tire gantry (RTG) crane from fossil diesel to hydrogen powered. “For our exceptional engineers at US Hybrid, this is a dream project. They get to
Ryerson Acquires BLP Holdings
March 8, 2023
Ryerson Holding Corporation has acquired BLP Holdings. BLP is comprised of three divisions based out of Houston, Texas: absolute metal products, metal cutting specialists, and houston water jet. Serving industries including oil and gas, aerospace, telecommunications, and structural fabrication, the
RESA Power Expands Its Capabilities in Canada with Exell Acquisition
March 7, 2023
RESA Power has acquired Exell Power Services, Ltd. Based in Surrey, British Columbia, Exell has been offering professional services for low, medium, and high-voltage electrical installations since 2005. By providing field services, custom manufacturing, testing, and engineering services throughout Western
Vistra to Merge with Nuclear Power Producer Energy Harbor in $3.43 Billion Deal
March 7, 2023
Vistra Corp. has executed a definitive agreement with Energy Harbor to which Energy Harbor will merge with and into a newly-formed subsidiary of Vistra. The transaction will combine Energy Harbor’s nuclear and retail businesses with Vistra’s nuclear and retail businesses
Talos Energy, Chevron, and Carbonvert Expand Bayou Bend Carbon Capture Project, Texas
March 7, 2023
Bayou Bend CCS, a carbon capture and sequestration project located along the Texas Gulf Coast, will expand its carbon dioxide storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers and Jefferson Counties, Texas. The increased acreage positions
DOE Releases Guidance for Second Award Cycle of $6 Billion Civil Nuclear Credits Program
March 7, 2023
The U.S. Department of Energy (DOE) has released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment made possible by the Bipartisan Infrastructure Law to prevent the premature
1PointFive to Develop a Carbon Capture and Sequestration Hub in Southeast Texas
March 7, 2023
1PointFive, a carbon capture, utilization and sequestration company, has leased through an affiliate, more than 55,000 acres along the Texas Gulf Coast, to develop a carbon capture and sequestration hub with the capacity to hold approximately 1.2 billion metric tons
Riley Permian, Conduit Power Form JV to Build Power Infrastructure Using Captured Flared Natural Gas
March 6, 2023
Riley Exploration Permian and Conduit Power, a portfolio company of Grey Rock Investment Partners, have entered into definitive agreements to form a joint venture that will own and operate on-site power generation utilizing captured flared natural gas to power Riley
Aramco Completes $2.65 Billion Acquisition of Valvoline’s Global Products Business
March 6, 2023
Aramco has completed the acquisition of the Valvoline global products business for $2.65 billion, through one of its wholly-owned subsidiaries. With this acquisition, Aramco accelerates its aim to become one of the world’s preeminent integrated, branded lubricants players. Aramco will
Biden Administration Pledges $1.2 Billion to Extend Life of Distressed Nuclear Power Plants
March 6, 2023
The Biden administration said on Thursday it is offering a fresh round of $1.2 billion in aid to extend the life of distressed nuclear power plants which, for the first time, could offer funding to a plant that has recently
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