Key Takeaways CVX acquires 125,000 net acres in Smackover to launch its first domestic lithium operation. The deal includes assets from TerraVolta Resources and East Texas Natural Resources. CVX aims to use direct lithium extraction for faster, cleaner lithium production.Chevron Corporation’s (CVX) subsidiary, Chevron U.S.A. Inc., has significantly advanced its clean energy roadmap through the acquisition of approximately 125,000 net acres of leasehold positions across the Smackover Formation in Northeast ...

Core Strategy - Statkraft, Europe's largest producer of renewable energy, is focusing on its flexible hydropower fleet in the Nordics and expanding solar, wind, and battery activities in Europe and South America to strengthen its competitive advantages [1][2] - The company aims to prioritize near-term cash flow over volume growth, reducing complexity and costs while maintaining a strong focus on core activities [1][3] Investment Plans - Statkraft plans to invest NOK 16–20 billion annually in the coming years, targeting large hydropower capacity upgrades in Norway and onshore wind power developments in Sweden and Norway [3] - The company has a significant pipeline of projects in Europe and South America, although growth rates will be lower than previously planned [3] Project Development Adjustments - Statkraft will cease new hydrogen project developments and stop further activities in offshore wind projects, while continuing with the North Irish Sea Array (NISA) project [4][5] - The company will assess its investment position in solar, wind, and batteries in Poland and will halt development activities in Portugal, although market activities will persist in both countries [4] Cost Efficiency Measures - By focusing on fewer technologies and countries, Statkraft aims to reduce payroll and operating expenses by approximately NOK 2.9 billion annually by 2027, representing a 15% reduction compared to the 2025 estimate [7] - Specific cost efficiency measures, including potential redundancies, will be identified through the annual business planning process [7] Long-term Perspective - Despite ongoing geopolitical challenges that may delay the energy transition, Statkraft maintains a long-term perspective and believes in its strong position to contribute to energy security and the energy transition [9] - The company has delivered significant value creation, paying NOK 59 billion in dividends and more than doubling its equity value to over NOK 300 billion since 2018 [8]

Financial Performance & Business Mix - Thermon's FY2025 total revenue reached $492 million[8] - Adjusted EBITDA margin was 21% in FY2025[8] - The company is shifting its business mix towards OPEX, targeting 84% of revenue compared to 66% in FY2017[20] - Q3 FY2025 revenue was $134.4 million, a decrease of 1.5% year-over-year[72] - Q3 FY2025 Adjusted EBITDA increased by 3.3% year-over-year to $31.8 million[72] Growth & Strategy - The company is targeting 90,000 Genesis Network Remote Monitoring & Diagnostics circuits by FY2026[27] - OPEX sales increased 12.6% year-over-year in Q3 FY2025[74] - The company is aiming for a long-term Net Debt to Adjusted EBITDA leverage ratio of 1.5x – 2.0x[38] Market Trends & Opportunities - The company is capitalizing on key secular trends including Energy Transition (~10% CAGR), Developing Market Growth (~5% CAGR), Chemical and Petrochemical Demand Growth (~5% CAGR), and Industrial Internet of Things (~25% CAGR)[29] - The company sees a substantial runway in the energy transition, noting that only 13% of energy for industrial applications in the U S came from electricity in 2022[51] Guidance - The company maintains its full-year FY2025 revenue guidance of $495 million - $515 million, representing 0% - 4% growth[88] - The company anticipates an adjusted EBITDA margin of 21.2% - 21.4% for FY2025[88]

Approval of all resolutions Nomination of new Supervisory Board members The Solutions 30 SE General Meeting was held in Luxembourg on June 17, 2025, chaired by Gianbeppi Fortis, Chairman of the Management Board. All resolutions proposed at the Annual General Meeting were adopted, including: Approval of the annual accounts and the consolidated accounts of the Company for the financial year ended on 31 December 2024, and allocation of results; Approval of the nomination of Mrs. Maria Zesch et de Mr. Olivier ...

Core Insights - Equinor ASA has released its Energy Perspectives 2025 report, outlining four divergent scenarios for the global economy, energy markets, and greenhouse gas emissions amid rising geopolitical tensions and a delayed energy transition [1][9] Group 1: Emissions and Climate Action - Equinor's chief economist highlighted that the current geopolitical landscape and trade conflicts hinder global cooperation necessary for a Paris-aligned energy transition, with short-term political priorities overshadowing climate ambitions [2] - The report indicates that rising global greenhouse gas emissions in 2024 suggest a deviation from the 1.5°C climate target set by the Paris Agreement, with fragmentation in the global response to climate change posing significant risks [3] Group 2: Future Scenarios - The Energy Perspectives 2025 report presents four scenarios: Walls, Silos, Plazas, and Bridges, reflecting varying levels of cooperation, technological advancement, and policy direction, aimed at facilitating strategic thinking in an uncertain environment [4][9] - The "Walls" and "Silos" scenarios depict a fragmented world with slow progress on climate goals, while "Plazas" suggests moderate collaboration that still fails to meet the 1.5°C target; only the "Bridges" scenario aligns with the Paris Agreement but requires rapid global cooperation [5] Group 3: Long-Term Vision - Despite the challenges, the Bridges scenario indicates a potential pathway to a sustainable future aligned with the Paris Agreement, emphasizing the need for swift global cooperation to avoid a slower and more costly energy transition [6][7]

Core Insights - Honeywell has been selected by Bell Textron Inc. to provide its 36-150 auxiliary power unit (APU) and Honeywell Attune™ system for the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) [1][3] - The 36-150 APU enhances aircraft mission readiness by providing a secondary source of electrical and hydraulic power, while Honeywell Attune™ is a lightweight, low-maintenance thermal management system [2][4] - Honeywell's 36-150 APU has a proven track record with over 10,000 units delivered for various applications, demonstrating reliability and fuel efficiency [3] Product Features - The 36-150 APU is a derivative of a successful model series known for its reliability and fuel efficiency, currently in use in the Army's UH-60 Black Hawk and AH-64 Apache helicopters [3] - Honeywell Attune™ is designed to be up to 35% lighter and 20% more efficient than traditional cooling systems, providing significant advantages in weight, size, and power [4] - The system utilizes Honeywell's Solstice zd refrigerant, making it an environmentally-friendly option for aircraft cooling [5] Strategic Alignment - Honeywell's technologies align with three megatrends: automation, the future of aviation, and energy transition, showcasing the company's commitment to innovation and sustainability [7] - The selection of Honeywell's systems for the FLRAA contract indicates a long-term partnership with the U.S. Army, expected to last beyond 2050 [3]

Press release Montrouge, 12 June 2025 Crédit Agricole Transitions & Energies becomes a majority shareholder in COMWATT, a specialist in energy optimisation Crédit Agricole Transitions & Énergies has announced the acquisition of a majority stake in COMWATT, an innovative company based in Montpellier, France, specialising in the production and optimisation of solar energy consumption for individual customers. This transaction forms part of Crédit Agricole Transitions & Énergies objective to accelerate the de ...

Core Insights - NextNRG, Inc. has formed a strategic partnership with Hudson Sustainable Group to enhance capital access for developing renewable energy projects, including solar, battery storage, microgrids, and wireless EV charging [1][2][3] Company Overview - NextNRG is focused on AI-driven energy solutions, aiming to revolutionize energy production, management, and delivery through its Next Utility Operating System and smart microgrids [1][7] - The company is expanding its operations in on-demand mobile fuel delivery and wireless EV charging, positioning itself as a leader in the energy transition [9][10] Partnership Details - The partnership allows Hudson Sustainable Group to prioritize funding for selected projects within NextNRG's national pipeline, facilitating the development of utility-scale energy assets [2][3] - Hudson Sustainable Group has mobilized over $13 billion in capital for renewable energy and clean transport infrastructure, indicating strong financial backing for the partnership [4] Strategic Goals - The collaboration aims to scale AI-optimized energy infrastructure to meet the increasing demand for resilient power solutions, enhancing project execution and commercial pipeline [5] - NextNRG's strategy includes deploying smart microgrids that utilize AI for energy management, targeting various sectors such as commercial properties and healthcare [8]

Core Viewpoint - PyroGenesis Inc. has successfully developed fumed silica samples through its Fumed Silica Reactor pilot plant, which have passed client testing, indicating progress in their collaboration with HPQ Silicon Inc. and its subsidiary Polvere [1][4][6] Group 1: Company Developments - PyroGenesis is engaged in the development and construction of a Fumed Silica Reactor for HPQ's subsidiary, Polvere, which has recently received confirmation that the fumed silica samples produced have met client test protocols [1][5] - The testing of the fumed silica samples was expedited, with results communicated within five days, showcasing the client's advanced in-house testing capabilities [4] - Upcoming test phases for the Fumed Silica Reactor will focus on process optimization and ensuring product quality during scale-up from lab to pilot production [5][6] Group 2: Industry Context - Fumed silica is a widely utilized industrial material found in numerous everyday products, serving as a thickening and anti-caking agent [6] - PyroGenesis' work on fumed silica aligns with its broader strategy of enhancing commodity security and optimizing material production techniques, which are critical for global heavy industry [7] - The company operates within three verticals: Commodity Security & Optimization, Energy Transition and Emission Reduction, and Waste Remediation, emphasizing its commitment to sustainable industrial solutions [7][8]

TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that Dark Star Minerals Inc. (“Dark Star”) (CSE: BATT) (FSE: P0W), a well-managed, uranium-focused, publicly-listed company, has entered into an acquisition agreement with Critical One to acquire 100% of its interests in the Khan and Cobra Uranium Projects, located in Namibia’s highly prospective Erongo uranium prov ...