Capital raise is milestone for construction of KOREPlex, a lithium-ion battery cell gigafactory scheduled to break ground in Arizona Q4 2022 COEUR D'ALENE, Idaho--(BUSINESS WIRE)--KORE Power, Inc. (“KORE”) has closed the initial $75 million tranche of...
Neste and Airbus have signed an agreement to advance the use of sustainable aviation fuel (SAF) within the aviation sector. Both parties share a vision that SAF is a key solution to helping reduce greenhouse gas emissions of air travel. This collaboration aims to accelerate...
Ithaca Energy, a leading UK independent exploration and production company focused on the UK North Sea, today announced its financial results for the three and nine months ended 30 September 2022. Production for the nine month period was 68.2 thousand barrels of oil equivalent per...
Kent, a leading engineering company in oil and gas; decarbonisation; carbon capture, utilisation, and storage (CCUS); offshore wind; and hydrogen (H2), have been awarded a major contract win by INEOS Energy for Project Greensand in Denmark. Project Greensand works to reduce CO2 emissions into the atmosphere....
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG) have agreed to integrate the business operations of MHIENG with those of MHI effective April 1, 2023. Under an absorption-type split arrangement, operations currently conducted by MHIENG will be taken over by MHI...
Mitsubishi Heavy Industries, Ltd. (MHI) today published the “MHI Report 2022.” The focus of this year’s integrated report is on MHI Group’s contributions to global Carbon Neutrality. In October 2021, MHI announced its commitment to achieve Carbon Neutrality Groupwide by 2040, and MHI Report 2022...
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a contract from Tuas Power Generation Pte. Ltd., a major power company in Singapore, for upgrades to two of the four M701F gas turbines (CCP3 and CCP4) in its gas turbine...
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The joint effort combines ExxonMobil’s and MHI’s years of expertise in the industry and strengthens the...
Woodside and the Ngarluma Aboriginal Corporation (NAC) have entered into a bilateral Indigenous Land Use Agreement and a modern benefits-sharing and relationship agreement relating to lands being investigated for the proposed Woodside Power Project (power opportunity) in the Pilbara.The lands are within part of the...
Oil prices continued to fluctuate as the market digests the likelihood that OPEC+ may cut production for January. China Demand Concerns remain. The US Air Force is planning to unveil the most advanced aircraft ever created early next month after spending nearly $203 billion on the...
As PG&E Prepares for Storms, Customers Should Plan Ahead in Case Outages Occur OAKLAND, Calif.--(BUSINESS WIRE)--With meteorologists forecasting a significant weather system this week in Northern and Central California, Pacific Gas and Electric Co...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company’s efforts to decarbonise its Western Australian iron ore operations. The investment will fun...