Post Archive by Day: June 27, 2019

Venture Global LNG Raises $675 Million of Additional Capital

JUNE 27, 2019VENTURE GLOBAL LNG RAISES $675 MILLION OF ADDITIONAL CAPITAL Arlington, Virginia – Venture Global LNG, Inc. announces that it has raised $675 million of additional capital from world-class institutional investors.  The capital will be used primarily for the further development of the company’s 20 million tonnes per annum (MTPA) Plaquemines LNG export project in Plaquemines Parish, Louisiana.  In addition

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ADNOC Closes Landmark Pipeline Infrastructure Investment With KKR and BlackRock

Abu Dhabi, UAE – June 27, 2019: The Abu Dhabi National Oil Company (ADNOC) announced today that it has closed its pioneering pipeline infrastructure investment agreement with BlackRock and KKR. The transaction was originally announced in February of this year when KKR and BlackRock signed an initial investment agreement to invest $4 billion into the midstream pipeline assets. Following this

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ExxonMobil and Global Thermostat to Advance Breakthrough Atmospheric Carbon Capture Technology

Jun 27, 2019 – 09:00 a.m. EDT ExxonMobil and Global Thermostat said today that they have signed a joint development agreement to advance breakthrough technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. The companies will evaluate the potential scalability of Global Thermostat’s carbon capture technology for large industrial use. If technical readiness and

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Devon Energy Completes Sale of Canadian Business

OKLAHOMA CITY, June 27, 2019 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced that it has completed the sale of its Canadian business to Canadian Natural Resources Limited for CAD $3.8 billion, or USD $2.8 billion. Devon received net proceeds of USD $2.5 billion, after adjusting for purchase price adjustments and estimated taxes associated with the sale. The

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Altair Announces 2019 Global Technology Conference to be Held in Detroit

World leaders in business and technology to discuss disruptive technology trends shaping the future of decision making TROY, Mich. – June 27, 2019 – Altair, (Nasdaq:ALTR) a global technology company providing solutions in product development, high-performance computing and data intelligence, will hold its 2019 Global Altair Technology Conference (ATC) at MGM Grand Detroit, in Detroit, October 10-11. Keynoted by leading industry thought leaders

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API On Tonight’s Presidential Primary Debate

WASHINGTON, June 27, 2019 – Following the conclusion of the first two presidential primary debates of the 2020 election cycle, API’s Director of Communications, Ben Marter, issued the following statement: “Independent experts agree that natural gas and oil will supply more than half of America’s energy needs for decades to come. Our industry will continue to work with Democrats and

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BP invests $30m in breakthrough technology to produce animal feeds from natural gas

Release date: 27 June 2019 Latest venturing investment will see natural gas transformed into protein for fish and animal feeds Technology has potential to help meet growing global demand for protein feed more sustainably BP Ventures has made an investment of $30 million in Calysta, Inc., an alternative protein producer, that will use BP’s natural gas to produce protein for

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