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ExxonMobil to expand advanced recycling capacity
ExxonMobil plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. Read more
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DOE awards up to $2.2B for two regional clean hydrogen hubs
DOE is committing up to $1.2 billion of federal cost share for the Gulf Coast Hydrogen Hub—led by HyVelocity (HyV) and up to $1 billion of federal cost share for the Midwest Hydrogen Hub—led by the Midwest Alliance for Clean Hydrogen LLC (MachH2). Read more
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LG Chem and ExxonMobil sign MOU for lithium offtake
The lithium will be supplied from ExxonMobil’s planned project in the U.S. to LG Chem’s cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S. Read more
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SRP and EDP Renewables announce energy storage system to support increasing energy demand
Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America LLC (EDPR NA) have entered into an agreement to provide 200 megawatts (MW) of new energy storage to Arizona's grid. Read more
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OnStream receives $26M in federal funding for Louisiana offshore carbon storage hub development
This grant will be used to advance OnStream's development of the GeoDura CO2 Storage Hub, which will be able to safely store more than 250 million metric tons of CO2 in an area offshore of Cameron Parish. Read more
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ONEOK announces agreement to sell wholly owned interstate natural gas pipelines to DT Midstream
ONEOK announced that it has executed a definitive agreement with DT Midstream under which ONEOK will sell its three wholly owned interstate natural gas pipeline systems for a total cash consideration of $1.2 billion subject to customary adjustments. Read more
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