Energy - Press Releases

HOUSTON, Jan. 30, 2025 /PRNewswire/ --Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its fourth quarter and full-year financial and operating results for the periods ended December 31, 2024.

FARMINGTON, Conn., Jan. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of$0.39 per share of Otis' common stock. The dividend will be payableon March 7, 2025, to shareholders of record at the close of business on February 14, 2025.

Troy Thacker to retire from Select Water Solutions' Board of Directors

LOS ANGELES, Jan. 30, 2025 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows:

JUNO BEACH, Fla., Jan. 30, 2025 /PRNewswire/ -- Following a year where the company generated more electricity and invested more in energy infrastructure than any other company, NextEra Energy, Inc. (NYSE: NEE) has been named No. 1 in the electric and gas utilities industry on Fortune's 2025 list of the "World's Most Admired Companies" for the 17th time in 19 years.

BOGOT, Colombia, Jan. 30, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC), submitted today the Report on the Implementation of Best Corporate Practices - "Cdigo Pas" - to the Financial Superintendency of Colombia. The report describes the corporate governance practices adopted and implemented by the company between January 1, 2024 and December 31, 2024. The Cdigo Pais Survey was digitally signed by the Legal Representative.

CALGARY, AB, Jan. 30, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 11 (Series 11 Shares) (TSX: ENB.PF.C) on March 1, 2025. As a result, subject to certain conditions, the holders of the Series 11 Shares have the right to convert all or part of their Series 11 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 12 of Enbridge (Series 12 Shares) on March 1, 2025. Holders who do not exercise their right to convert their Series 11 Shares into Series 12 Shares will retain their Series 11 Shares.

HAMILTON, Bermuda, Jan. 30, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE:BORR) (the "Company") is pleased to announce that it has agreed with its major Mexican customer to receive payment settlement for approximately $125 million related to its outstanding receivables.

Partners PG&E, PG&E Foundation, UC Berkeley and Mills College at Northeastern to Celebrate Graduates of Program Targeting Wealth Gap

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global uranium marketsize is estimated to grow by USD 1.99 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.09% during the forecast period. Rise in adoption of uranium in nuclear weaponsis driving market growth,with a trend towardsrise in adoption of nuclear reactors. However,high initial and production cost of uranium poses a challenge. Key market players include A Cap Energy Ltd., Altius Minerals Corp., Aurora Energy Metals, Berkeley Energia Ltd., Cameco Corp., CGN Mining Co. Ltd., China National Nuclear Corp., Deep Yellow Ltd., Denison Mines Corp., Energy Fuels Inc., Fission Uranium Corp., NAC Kazatomprom JSC, Orano, Paladin Energy Ltd., Peninsula Energy Ltd., Rio Tinto Ltd., State Atomic Energy Corp. Rosatom, State Enterprise Eastern Mining and Processing Plant, Sumitomo Corp., and Uranium Energy Corp..

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global led lighting marketsize is estimated to grow by USD 41.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.08% during the forecast period. Declining manufacturing cost of led lightsis driving market growth,with a trend towardsemergence of smart cities. However,limited thermal tolerance of leds installed in the industrial facilities poses a challenge. Key market players include Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp. Plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips N.V., LSI Industries Inc., Lumileds Holding BV, OSRAM Licht AG, Panasonic Holdings Corp., Sharp Corp., Signify NV, SMART Global Holdings Inc., and Toyoda Gosei Co. Ltd..

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global gas turbine marketsize is estimated to grow by USD 2.65 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 1.86% during the forecast period. Enhanced efficiency and robustness of gas turbinesis driving market growth,with a trend towardsgrowing use of alternative types of fuel in aeroderivative gas turbines. However,inherent challenges in handling natural gas poses a challenge. Key market players include Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Green Energy Corp., Caterpillar Inc., Doosan Heavy Industries and Construction Co. Ltd., General Electric Co., Harbin Electric Corp., IHI Aerospace Co. Ltd., Kawasaki Heavy Industries Ltd., MAN Energy Solutions SE, MAPNA Group Co., Mitsubishi Heavy Industries Ltd., Motor Sich JSC, MTU Aero Engines AG, Rolls Royce Holdings Plc, Siemens Energy AG, Solar Turbines Inc., Wartsila Corp., Shanghai Electric Group Co. Ltd., and OPRA Turbines BV.

GOTHENBURG, Sweden, Jan. 31, 2025 /PRNewswire/ --

GOTHENBURG, Sweden, Jan. 31, 2025 /PRNewswire/ --

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global lighting marketsize is estimated to grow by USD 62.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 7.4% during the forecast period. Growing number of developments and lighting product launchesis driving market growth,with a trend towardsadvances in automotive lighting systems. However,sustainability issue in lighting industry poses a challenge. Key market players include Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Havells India Ltd., Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips NV, LSI Industries Inc., Lumileds Holding BV, Panasonic Holdings Corp., Sharp Corp., SMART Holdings Inc., Syska Led Lights Pvt. Ltd., and Toyoda Gosei Co. Ltd..

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The globalgraphene marketsize is estimated to grow by USD 1.84 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 47.85% during the forecast period. Growing use of graphene in construction industryis driving market growth,with a trend towardsgrowing use of graphene in medical sector.However,problems associated with graphene production poses a challenge. Key market players include 2D Carbon Graphene Material Co. Ltd., ACS Material, Advanced Graphene Products SA, Applied Graphene Materials PLC, CVD Equipment Corp., Directa Plus PLC, First Graphene Ltd, G6 MATERIALS Corp, Global Graphene Group Inc., Grafoid Inc., Graphene Platform Corp., Grolltex Inc., Haydale Graphene Industries plc, Nanograf Corp., NanoXplore Inc., Thomas Swan and Co. Ltd., Vorbeck Materials Corp., and XG Sciences Inc..

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The globalfire protection system marketsize is estimated to grow by USD 14.58 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.78% during the forecast period. Integration of smoke detectors with iot and big datais driving market growth,with a trend towardsgrowth in adoption of wireless technology in fire detection systems.However,high installation and maintenance cost of fire protection systems poses a challenge. Key market players include ABB Ltd., API Group Corp., Carrier Global Corp., Eaton Corp. Plc, Encore Fire Protection, Fire Suppression Ltd., Fireline Corp., Firetrol Protection Systems Inc., Gentex Corp., Halma Plc, Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc., Minimax GmbH, Napco Security Technologies Inc., RTX Corp., Robert Bosch GmbH, Securitas AB, Securiton AG, and Siemens AG.

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global polyamide marketsize is estimated to grow by USD 5.18 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.56% during the forecast period. Superior properties and versatile nature of pasis driving market growth,with a trend towardswide usage of pas in additive manufacturing industry.However,volatility in raw material prices and its impact poses a challenge. Key market players include AdvanSix Inc., Arkema SA, Ascend Performance Materials, BASF SE, Domo Chemicals GmbH, DuPont de Nemours Inc., Evonik Industries AG, Formosa Chemicals and Fibre Corp., Goodfellow Cambridge Ltd., Huntsman Corp, Invista, Koninklijke DSM NV, Lanxess AG, Lealea Group, Radici Partecipazioni Spa, Shenma Industrial Co. Ltd., Solvay SA, Toray Industries Inc., Toyobo Co. Ltd., and Ube Corp..

MILWAUKEE, Jan. 29, 2025 /PRNewswire/ -- Electrical outages have become a common occurrence around the globe. With a rise in extreme weather, an ever-growing demand for energy, and an aging electrical grid, Robert Cuzner believes it's only going to get worse.

Settlement expected to result in approximately $50 million less revenue annually and a reduction in electric customer bills by about $1 a month for most customers while also continuing to deliver support for significant local economic growth and upgrades across Greater Houston area

BEIJING, Jan. 29, 2025 /PRNewswire/ -- JA Solar, a global leader in the PV industry, proudly launched its latest innovation, the DeepBlue 5.0 PV module in January. With its significant advancements in efficiency, reliability, and adaptability, the DeepBlue 5.0 marks a transformative step forward in PV technology.

NEW YORK, Jan. 29, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global renewable energy investment marketsize is estimated to grow by USD 181.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.11% during the forecast period. Supportive government policiesis driving market growth,with a trend towardsincreased spending on utility-scale renewable energy projects . However,competition from fossil fuels poses a challenge. Key market players include AZORA CAPITAL SL, Bank of America Corp., Berkeley Partners LLP, BlackRock Inc., BNP Paribas SA, Capital Dynamics Holding AG, Centerbridge Partners LP, CHN ENERGY Investment Group Co. Ltd., Citigroup Inc., Deloitte Touche Tohmatsu Ltd., EKF, ESFC Investment Group, General Electric Co., KfW Bankengruppe, Macquarie Group Ltd., Mitsubishi UFJ Financial Group Inc., Nebras Power, Positive Energy Ltd., State Power Investment Corp., TerraForm Power Operating LLC, and The Goldman Sachs Group Inc..

NEW YORK, Jan. 29, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global renewable energy marketsize is estimated to grow by USD 708.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.15% during the forecast period. Rise in global energy demandis driving market growth,with a trend towardsrising popularity of clean energy technologies However,competition from alternative energy sources poses a challenge. Key market players include ABB Ltd., Acciona SA, Duke Energy Corp., EnBW Energie Baden Wurttemberg AG, Enel Spa, ENERCON GmbH, General Electric Co., Goldwind Australia, Innergex Renewable Energy Inc., Invenergy, Nextera Energy Inc., Schneider Electric SE, Siemens AG, Sinovel Wind Group Co. Ltd., Sunrun Inc., Suzlon Energy Ltd., Tata Power Co. Ltd., Vattenfall AB, Vestas Wind Systems AS, and Xcel Energy Inc..

MIAMI, 30. Januar 2025 /PRNewswire/ -- Enfinity Global Inc., ein fhrendes Unternehmen im Bereich erneuerbare Energien, gab heute die Erweiterung seines Portfolios an Batteriespeichersystemen (BESS) durch zwei neue Projekte in Texas mit einer Gesamtleistung von 425 MW bekannt. Der Baubeginn fr die Projekte ist fr das zweite und vierte Quartal 2025 vorgesehen. Damit erhht sich die BESS-Pipeline von Enfinity in den USA auf 6,6 GW und unterstreicht das Engagement des Unternehmens bei der Bereitstellung innovativer Energielsungen zur Deckung des wachsenden Bedarfs in Schlsselmrkten und -segmenten wie AI und Produktion. Es wird erwartet, dass Enfinity Global in den nchsten Jahren allein in diesem Sektor ber 7 Milliarden Dollar investieren und ber 5.000 Arbeitspltze im Baugewerbe schaffen wird.

MIAMI, 30 janvier 2025 /PRNewswire/ -- Enfinity Global Inc, leader dans le domaine des nergies renouvelables, a annonc aujourd'hui l'expansion de son portefeuille de systmes de stockage d'nergie par batterie (BESS) avec deux nouveaux projets au Texas, d'une capacit totale de 425 MW. La construction de ces projets devrait commencer au cours des deuxime et quatrime trimestres de 2025. Ces ajouts portent le pipeline BESS d'Enfinity aux tats-Unis 6,6 GW, soulignant l'engagement de l'entreprise dployer des solutions nergtiques innovantes pour rpondre la demande croissante des marchs et des segments cls tels que l'IA et la fabrication. Enfinity Global devrait investir plus de 7 milliards de dollars et crer plus de 5 000 emplois dans le secteur de la construction rien que dans ce secteur au cours des prochaines annes.