Energy - Press Releases

CenterPoint Energy Houston Electric's enhanced Systemwide Resiliency Plan (SRP) expected to reduce outage impacts due to extreme weather and storms by1.3 billion minutes into 2029

THE WOODLANDS, Texas, Jan. 31, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) announced today that it will release fourth quarter and full year 2024 results after the closing of the market on Tuesday, February 25, 2025. On February 26, 2025, TETRA will host a conference call at 10:30 a.m. Eastern Time to discuss the results. Brady M. Murphy, President and CEO, and Elijio V. Serrano, Senior Vice President and CFO, will host the call.

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global industrial gases marketsize is estimated to grow by USD 31.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost5.7% during the forecast period. Facility expansion strategies by industrial gases vendorsis driving market growth,with a trend towardsincreasing number of mergers and acquisitions among market players. However,criticalities in gas distribution and gas handling systems poses a challenge. Key market players include Air Liquide SA, Air Products and Chemicals Inc., AIR WATER INC., Airgas Inc., Asia Technical Gas Co Pte Ltd., BASF SE, Buzwair Industrial Gases Factories, Chemix Specialty Gases and Equipment, Coregas Pty Ltd., Goyal Group, Guangdong Huate Gas Co. Ltd., Gulfcryo, Iwatani Corp., Linde Plc, Messer SE and Co. KGaA, Norco Inc., SOL Spa, Taiyo Nippon Sanso Corp., and Yingde Gas Group Co. Ltd..

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global CNC machine tools marketsize is estimated to grow by USD 21.9 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 5.4% during the forecast period. Rising demand for high-precision and multi-axis machining centers in various industries is driving market growth, with a trend towards technological advancementsCNC machine tool technology. However,high initial investments in cnc machine tools poses a challenge. Key market players includeAmada Co. Ltd., ANCA Pty Ltd., Andritz AG, Bendable Technology Solutions Pvt. Ltd., Chiron Group SE, DMG MORI Co. Ltd., EMAG GmbH and Co. KG, FANUC Corp., Gebr. Heller Maschinenfabrik GmbH, General Technology Group Dalian Machine Tool Co. Ltd., GF Machining Solutions AG, Haas Automation Inc., Hurco Companies Inc., Hwacheon Machine Tool Co Ltd, INDEX Werke GmbH and Co. KG Hahn and Tessky, JTEKT Machinery Americas Corp., Kitamura Machinery Co. Ltd., Makino Inc., Mills CNC Ltd., Mitsui Seiki Kogyo Co. Ltd., Okuma Corp, Phillips Machine Tools India Pvt. Ltd., and Yamazaki Mazak Corp..

BOGOTA, Colombia, Feb. 1, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that, in line with the 2040 strategy named "Energy that Transforms," which seeks the Company's positioning as a leader in energy diversification in the region and as part of its transformation process to have a more agile and efficient organization, the Board of Directors approved adjustments to its organizational structure on January 31, 2025. The changes were made to strengthen the management of its business lines, maintain competitive returns and segregate activities related to management from those related to execution. The changes are as follows:

MONTREAL, Feb. 2, 2025 /PRNewswire/ - Canada's aluminium industry finds unfortunate and highly disruptive the 25% tariffs announced by the US administration. "We are disappointed, but we were expecting this and are ready for it," said Jean Simard, President and CEO of the Aluminium Association of Canada. "This situation will unfortunately impact workers and consumers in America with the immediate increase on the price of aluminium."

LONDON, Feb. 2, 2025 /PRNewswire/ -- Elliott Investment Management,L.P. and Elliott Advisors (U.K.) Limited ("Elliott," or "we"), which together advise funds that have a substantial investment in Tokyo Gas Co., Ltd. ("Tokyo Gas" or "the Company"), today issued the following statement:

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..