Focus on Fuel
EU changes hydrogen project auction rules to limit Chinese presence
The EU has updated hydrogen auction rules to limit reliance on Chinese parts, promoting local supply chains and security.
Texas approves plan to boost oil and gas drillers’ power grid access
Texas has approved a $15B plan to expand power grid infrastructure in the Permian Basin, vital for rising oilfield energy demands.
New York State fund swapped coal assets for responsible index ETF
New York's State Insurance Fund reduced its carbon exposure by 40% by shifting coal assets into a responsible-investment ETF.
Pennsylvania natural gas producers press Harris for answers
Pennsylvania drillers urge Kamala Harris to clarify her stance on natural gas, as election-year energy policies evolve.
Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say
Eni is in talks to sell a 20-25% stake in its biofuel unit Enilive to KKR, while other suitors show interest.
Natural gas producer BKV valued at $1.56 billion in NYSE debut
Shares of BKV rose 3.1% in their NYSE debut on Thursday, giving the U.S. natural gas producer a market capitalization of $1.56 billion.
Shale producer Validus to buy Citizen Energy in deal worth over $2 billion: sources
Validus Energy is acquiring Citizen Energy for over $2 billion, marking its second major Mid-Continent region purchase in 2024.
Focus on coal miners, power grid as South Africa spends just sixth of climate aid
South Africa's $11.6B climate fund has spent $1.9B on grid expansion, coal transition, and green projects, sources said.
