Shell

Shell completes acquisition of combined-cycle power plant in priority U.S. trading market

Press Release – 24 Jan 2025 – Houston – Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has completed the previously announced 100% equity stake acquisition of RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA.  This acquisition maintains SENA’s position in the deregulated Independent System Operator New England (ISO New England) power market, … Continue reading Shell completes acquisition of combined-cycle power plant in priority U.S. trading market

Science Based Targets initiative

SBTi appoints David Kennedy as CEO

7th Jan 2025 – David Kennedy to lead the SBTi as it evolves to support a wider range of companies around the world. The Science Based Targets initiative (SBTi) today announces the appointment of David Kennedy as its new CEO, following an extensive, competitive global recruitment process. David succeeds Sue Jenny Ehr, who has been serving as interim CEO and will support David as he … Continue reading SBTi appoints David Kennedy as CEO

New Fortress Energy

New Fortress Energy Provides Update on its Initial FLNG Asset

October 25, 2024 – NEW YORK – New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its initial Fast LNG unit has completed its third cargo loading today. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE’s operation in Puerto Rico. The unit is producing at or above its nameplate capacity of 1.4 … Continue reading New Fortress Energy Provides Update on its Initial FLNG Asset

greenpeace

Greenpeace comment on the International Energy Agency World Energy Outlook 2024

16 October 2024 – Press Release Paris, France – The International Energy Agency has released their latest World Energy Outlook report today, affirming ​​global demand for oil, gas, and coal is on track to peak by the end of this decade and warning that failure to accelerate climate action now will put the world on course for a global average temperature rise of 2.4oC by … Continue reading Greenpeace comment on the International Energy Agency World Energy Outlook 2024

Forum Energy Technologies

Forum Energy Technologies Announces $100 Million Bond Issuance

October 14, 2024 – HOUSTON – Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today the commencement of a backstopped private offering of USD $100.0 million aggregate principal amount of 5-year senior secured bonds (the “Offering”). FET intends to use the net proceeds from the Offering, together with cash on hand, to redeem in full all outstanding 9.000% Convertible Senior Secured Notes due 2025 (the … Continue reading Forum Energy Technologies Announces $100 Million Bond Issuance