Chris Squitieri’s Post

M2X Energy Inc. Secures $40 Million Series B Financing Led by Conifer Infrastructure Partners Learn more & get our take 👇 https://lnkd.in/dx2vued5 "We are excited to formalize our partnership with M2X by leading their Series B funding round, which provides M2X with the necessary capitalization to begin rapid manufacturing and deployment of low-carbon methanol production systems." — Nick Stork, Managing Partner at Conifer Infrastructure Partners "This overwhelmingly successful funding round marks a pivotal moment for M2X whereby we advance into a new era as a mature operating company with commercially validated systems and technology." — Josh Browne, Chief Executive Officer at M2X Energy "M2X Energy’s unique modular and mobile solution for capturing stranded methane gas and converting it into low-carbon methanol is now fully productized and proven after multiple successful commercial demonstrations in the field." — David T. Danielson, Managing Director at Breakthrough Energy Ventures #funding #energy #SoENews

One of the things that I find most exciting about #CERAWeek is the exchange of ideas and dialogue among so many diverse organizations. On Tuesday, I had the pleasure of joining Carrie Masiello (Rice University), Bill Hamer (Cquesta), and Beth Evans (S&P Global) for a discussion about the advantages and disadvantages of offsets as a policy tool. And today I joined other leaders in geothermal to talk about what’s new in novel geothermal technology. Learning and collaboration are key as we all work together to help advance the energy transition. #Chevron #ChevronNewEnergies #CWAgora #CERAWeek

Fervo Energy, a pioneering #geothermal startup based in Houston, has been selected to receive $25 million from the Department of Energy as part of a $60 million initiative to advance geothermal technology, alongside Chevron New Energies and Mazama. This funding, sourced from the Bipartisan Infrastructure Law of 2021, will support Fervo's development of Cape Station in #Utah, their first utility-scale project aimed at producing 400 megawatts by 2028. Fervo leads in enhanced geothermal systems, using innovative fracking technology to unlock new energy sources. This advancement could contribute significantly to the U.S. energy grid, potentially powering over 65 million homes by 2050. U.S. Department of Energy (DOE) #powergeneration #energymanagement

Interesting Day at the Farm Business Innovation show. Very interesting case studies on Planning, Class R use, renewables and battery storage, car park matting, self storage units, tipis, SFI and the biggest take home, everyone needs to rent a dinosaur 🦕 #farmbusinessinnovation #SFI #renewables #ruraldevelopment #rentadinosaur #fishergerman

An important solution to reaching #netzero is right beneath our feet. Fervo Energy is taking existing oil and gas technologies, like horizontal drilling and distributed fiber optic sensing, and applying them in new ways to unlock carbon-free geothermal energy in previously uneconomic locations. This technology is one to watch and a prime example of the innovation and collaboration needed to #MoveTheWorldForward.

💡#innovation is the heartbeat of our industry. Here's another insightful article from Darrell Stonehouse on activity in the #clearwaterplay. #productionoptimization #waterflood #explorationdrilling #upstream #heavyoil

Devon Energy, a pioneer in shale oil and gas, led a $244m round in Fervo Energy, a company specializing in next-generation geothermal development, with participation from Galvanize Climate Solutions, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy Industries, Capricorn Investment Group, Congruent Ventures, DCVC, Elemental Excelerator, Helmerich & Payne, and Impact Science Ventures. “Demand for around-the-clock clean energy has never been higher, and next-generation geothermal is uniquely positioned to meet this demand. Our technology is fully derisked, our pricing is already competitive, and our resource pipeline is vast. This investment enables Fervo to continue to position geothermal at the heart of 24/7 carbon-free energy production," Tim Latimer, Fervo CEO and Co-Founder. Fervo Energy (led by Tim Latimer) was advised by Goldman Sachs, Vinson & Elkins (led by Sarah Morgan and Michael P. Gibson) and Innovant Public Relations (led by Ally Copple). #MergersAcquisitionsDivestitures #PrivateEquity #OilandGas

It is no secret that former Woodside Energy CEO Peter Coleman, and other senior ex-Woodside executives, are trying their hands at the emerging plays for natural #hydrogen and #helium, in #Australia. However, unlike other players shouting from the rooftops, the all-star team at H2EX, has been quietly putting together a compelling package to attack the sector after partnering with global engineering giant Black & Veatch. Announced on Monday, the partnership will see H2EX and Black & Veatch together study the extraction of natural hydrogen and helium. It also covers concept design for well and surface production facilities in South Australia. Crucially, the study into extraction solutions could provide a pathway to drill and extract the lowest-cost hydrogen, which might be up to 75% more cost-effective than manufacturing hydrogen, noted H2EX. The news is timely, and also kind of ironic given the Woodside Energy connections, after Energy News' Slugcatcher column recently highlighted that gold hydrogen could be the perfect opportunity to rejuvenate Woodside Energy. Mark Hanna https://lnkd.in/g-6BmSUZ

Enabling Europe's #EnergyTransition 🤝💡 Join the Black & Veatch team at Intersolar Europe as we discuss everything from #Solar and all #Renewables to emerging solutions in #Hydrogen as well as #EVs.

We are pleased to share an interview of our Managing Director Victor Sodje with the BusinessDay team. In this interview, he discusses our recent achievements with regards to Awoba restart, and our path to support the global energy transition. Read the interview to learn about: - The restart of production at the Awoba field. - Our initiatives in clean energy - The role of gas development in our strategy. - Our commitment to reducing greenhouse gas emissions. https://lnkd.in/d4KRiw2X