Energy News

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA) announced today that its Board of Directors adopted a shareholder rights plan designed to protect long-term shareholder value by preserving the availability of Sunnova’s net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code (“Tax Asset Preservation Plan”). As of December 31, 2024, Sunnova had approximately $1.4 billion of U.S. federal NOLs that could be available to...

LOS ANGELES--(BUSINESS WIRE)--Metropolitan Water District General Manager Deven Upadhyay issues the following statement on the California Department of Water Resources’ fourth snow survey of the season: “While Southern California has had a relatively dry winter, our communities will have reliable water supplies this year thanks to the snowfall in the northern Sierra and Metropolitan’s participation in the State Water Project that allows us to receive water produced by that snowpack. Together wi...

HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on March 28, 2025 based on the Trust’s calculation of net profits generated during January 2025 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As further d...

HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (“Verde” or “the Company”) (NASDAQ: VGAS) today reported results for the fourth quarter and full year 2024. “We continue to advance our plans to deploy our proprietary liquid fuels processing technology through the development of commercial production plants. During 2024, we signed a joint development agreement with Cottonmouth and began FEED for the Permian Basin project, a proposed natural gas-to-gasoline plant to be jointly developed with Cot...

GALWAY, Ireland--(BUSINESS WIRE)--Loci Orthopaedics Ltd, a clinical stage orthopaedic medical device company, is pleased to announce its participation at the prestigious Triennial Congress of the International Federation of Societies for Surgery of the Hand (IFSSH) and International Federation of Societies for Hand Therapy (IFSHT). Hosted by the American Society for Surgery of the Hand, American Society of Hand Therapists, and American Association for Hand Surgery, the event is taking place in...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on April 25, 2025 to discuss the results for the first quarter ending March 31, 2025. The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. To access the conference call, listeners should contact the Conference Call Operator at +1 (833) 470-1428 within North America or +1 (404) 975-4839 outside of North America approximately 10...

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced that the Company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under Section 48D. Funds include $186.5 million owed to the Company for both fiscal 2023 and fiscal 2024 taxes, as well as accrued interest. This announcement reflects a portion of the approximately $1 billion total Section 48D cash tax refunds that the Company expects to receive. As of the end of the second quart...

CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) will hold its first quarter 2025 earnings conference call at 9:00 a.m. CT/10:00 a.m. ET on Thursday, May 1. The conference call will be led by Exelon President and CEO, Calvin Butler, and Exelon Executive Vice President and CFO, Jeanne Jones. To listen to or view the upcoming earnings presentation, please access the live listen-only webcast here. The audio webcast link will also be available on the Investor Relations page and will be archived and a...

DUBLIN--(BUSINESS WIRE)--The "Smart Metering in Europe - 19th Edition" report has been added to ResearchAndMarkets.com's offering. This report provides a comprehensive analysis of the European smart metering market, focusing on the adoption trends, technological advancements, and future projections for both electricity and gas smart meters. It examines the key drivers propelling market growth, including the increasing implementation of second-generation smart meters and the rapid advancement of...

BELLEVILLE, Ill.--(BUSINESS WIRE)--Rebecca Losli, President of Illinois American Water, issues a statement, calling for a commitment to water and wastewater infrastructure investment....