Energy News

HOUSTON--(BUSINESS WIRE)--Trailblazing nuclear industry leader and distinguished attorney Kym Harshaw has been named General Counsel of ZettaJoule Inc., an advanced small modular reactor company. Harshaw brings both operational and legal expertise to ZettaJoule’s mission-critical work. She will lead ZettaJoule’s legal strategy and risk management for regulatory, corporate and commercial matters, advise the CEO and leadership team, and oversee governance, key contracts and partnerships. She is a...

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2025 results on Monday, February 23, 2026, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com. Helix will review its fourth quarter and full year 2025 results on Tuesday, February 24, 2026, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other i...

HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (NASDAQ: VGAS) (“Verde” or the “Company”) announced today the suspension of development of its Permian Basin project primarily as a result of changing market conditions driven by increasing demand for natural gas in the Permian Basin. In February 2024, the Company and Cottonmouth Ventures, LLC ("Cottonmouth"), a wholly-owned subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) entered into a joint development agreement (“JDA”) t...

HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call...

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the closing of the initial public offering of its Class A common stock. The offering consists of 39,413,573 shares of Class A common stock being offered by parent entities of the Company controlled by Neos Partners, LP (the “Selling Stoc...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Covenant Capital Group (“Covenant”), a leading value-add multifamily real estate investment firm, today announced the final close of Covenant Apartment Fund XII, L.P. (“Fund XII”) with $860.35 million in capital commitments—the largest fundraise in the firm’s 25-year history. In addition, Covenant created a sidecar vehicle for Fund XII, the Covenant Affordable Housing Fund, with $269.73 million in committed capital. The combined capital raised by Covenant for...

NEW YORK--(BUSINESS WIRE)--De Tomaso Automobili secured unanimous jury verdicts in an action brought by former Chief Executive Officer Ryan Berris. In a 2023 federal action brought in the U.S. District Court of the Southern District of New York, Berris asserted a series of claims against De Tomaso, and its owner, Norman Choi. Berris alleged that he held an equity interest in the company, drove its revival and was forced out as part of an alleged fraudulent scheme. Berris claimed his complaint w...

CHICAGO--(BUSINESS WIRE)--A new independent analysis by experts at Charles River Associates (CRA) finds that expanding utility-generated energy can significantly lower customer costs and improve electric reliability. This is an especially important insight as energy demand accelerates across the country, particularly in the PJM region, where Exelon’s public utility companies operate. The report, Utility-Owned Generation as a Solution: An Analysis of Economic & Reliability Impacts of Increas...

WASHINGTON--(BUSINESS WIRE)--Curio has been awarded a grant from the U.S. DOE to support the development of its proprietary NuCycle technology for used nuclear fuel recycling...

CHICAGO--(BUSINESS WIRE)--During the annual Chicago Auto Show, ComEd announced approximately $70 million in electric vehicle (EV) rebates available for residential, business and community customers in 2026. Funding for EV projects is designed to reduce the upfront cost barrier of EV adoption. ComEd offers a suite of programs covering residential EV chargers and installation, electric fleet vehicles and business and public sector make-ready charging infrastructure. “As the demand for EVs grow in...