Tachyus has entered into an agreement with INEOS USA Oil & Gas LLC (INEOS) to deploy Aurion, its cloud-scalable platform for carbon accounting, monitoring, forecasting, and reporting. Aurion will provide INEOS with an integrated solution for managing greenhouse gas (GHG) emissions from individual facilities to the corporate level. As regulatory and stakeholder pressure increases, oil and gas
READ MORE »The United Nations advises greenhouse gas (GHG) emissions must fall by 45% this decade to achieve net-zero emissions by 2050 and to keep global warming to 1.5°C or less. This is the case for the Scope 1 and 2 emissions resulting from the production, transportation, and processing of hydrocarbons – which account for 5.1 billion tonnes of
READ MORE »CF Industries Holdings, Inc., the world’s largest producer of ammonia and its partners have announced an approximately $4 billion final investment decision to establish a low-carbon ammonia facility. Upon completion, this new facility on the West Bank of Ascension Parish will be the largest facility of its kind in the world. The investment is a
READ MORE »Petronect , Petrobras’ procurement and contracting platform, has optimized the consultation of bidding process notices using Microsoft’s artificial intelligence (AI). Paola, the company’s virtual assistant, now equipped with the technology, offers greater agility and efficiency to suppliers. The company has around 500,000 registered users, records more than 3,600 daily accesses and, last year, moved more
READ MORE »Stonepeak, an alternative investment firm specializing in infrastructure and real assets, announced an agreement to acquire a 40% interest in Louisiana LNG Infrastructure , a liquefied natural gas production and export terminal in Calcasieu Parish, Louisiana owned by Woodside Energy Group . The Project, positioned in the heart of the Gulf Coast LNG corridor with
READ MORE »GoodPeak has closed construction credit facilities with Pathward®, N.A. and BridgePeak Energy Capital, enabling commencement of construction of its first two 10-MW (2-hour duration) energy storage projects near Houston, Texas. These projects, which will come online at the end of 2025, will provide capacity to enhance grid reliability, support renewable energy integration, and strengthen the Texas energy
READ MORE »The Energy Conference Network is excited to announce the 10th Annual AI in Oil & Gas Conference, scheduled for April 8-9, 2025, at the Hyatt Regency Houston West in Houston, Texas. This premier event will convene over 450 senior-level leaders, data scientists, AI engineers, CIOs, operations directors, and solution providers to discuss the transformative impact
READ MORE »Homer City Redevelopment (HCR) and Kiewit Power Constructors Co. (Kiewit) have announced the future of the former Homer City Generating Station. Homer City – previously the largest coal-burning power plant in Pennsylvania – will be transformed into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing artificial intelligence (AI) and
READ MORE »XGS Energy, a developer of next-generation geothermal power projects leveraging a proprietary water-independent technology, today announced that it has closed $13 million in new financing. The over-subscribed round included new investors Aligned Climate Capital, ClearSky, ClimateIC, and WovenEarth Ventures, in addition to inside investors. This financing builds on a round led by Constellation Technology Ventures, VoLo Earth Ventures, and Valo Ventures in 2024.
READ MORE »Motorola Solutions has introduced a new range of AI-enabled devices designed for hazardous environments, including sectors such as oil and gas and ports. The newly launched Pelco range comes in the wake of Motorola’s recent acquisition of a company by the same name. This expanded portfolio consists of fixed cameras, ruggedised and long-range cameras, smart
READ MORE »Jericho Energy Ventures has launched its Modular Data Center venture, utilizing natural gas assets and infrastructure as the foundation for the development of AI computing solutions for the AI era. JEV’s management believes the Company is ideally positioned to capitalize on the Trump administration’s pro-energy and pro-development regulatory landscape by leveraging its strategic partnerships, robust
READ MORE »ExxonMobil announced its plans to invest more than $100 million in facility upgrades to produce high-purity isopropyl alcohol, a critical material for semiconductor chip manufacturing in the U.S. The facility is located at the company’s Baton Rouge Complex in the legacy chemical plant. The project will help retain existing jobs, create approximately 45 construction jobs
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