Aramco to Acquire 50% Stake in Blue Hydrogen Industrial Gases

Aramco’s investment in Blue Hydrogen Industrial Gases Co. will expand its lower-carbon hydrogen business and contribute to the development of a hydrogen network in Saudi Arabia’s Eastern Province.

TGS Grants Early Access to CCS Data Along Texas, Louisiana Gulf

TGS’ carbon storage dataset covers the available Texas General Land Office lease blocks and is scheduled for release in early August.

Arizona Lithium Makes Discovery at Williston's Prairie Project

Arizona Lithium’s discovery in the Williston Basin was made by an exploration well drilling in the Souris River Formation.

Energy Transition in Motion (Week of July 12, 2024)

Here is a look at some of this week’s renewable energy news.

Atlantic Shores Submits Bid to Provide Offshore Wind in New Jersey

Atlantic Shores, a joint venture between Shell and EDF Renewables, would become the initial provider of offshore wind for New Jersey. 

Redwheel Broadening Sustainable Portfolio with Ecofin Deal

Investment manager Redwheel agreed to purchase London-based Ecofin’s assets, which reached approximately $1.4 billion as of May 31.

IBAT Cranks Up US Commercial Direct Lithium Extraction Facility

Houston-based International Battery Metals said the startup marks the first commercial-scale facility that uses DLE technology in North America and the world’s first modular commercial DLE plant.

Blackstone Buys Enagás’ Tallgrass Stake for $1.1 Billion

Spain’s Enagás is selling its Tallgrass Energy interests to Blackstone Infrastructure Partners in exchange for some needed capital.

Nature’s Way: Biotech Companies Capturing Carbon, Revenue

Executives from Occidental Petroleum-backed Cemvita, Carbon Optimum and Novonesis share insights into how CO2 could be used for biofuels, fertilizer, food, proteins, plastics and even oil.

Eversource, Ørsted Close Sunrise Wind Sale Offshore NY

Eversource sold its 50% stake in the wind farm offshore New York to Ørsted for $152 million.