Industry News

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Petro-Victory Energy and BlueOak Investments Complete Acquisition of Capixaba Energia, Strengthening Brazil Onshore Position

04/29/2025

­Petro-Victory Energy Corp., an oil and gas exploration and production company focused on onshore Brazil, today announced the successful closing of its previously announced acquisition of Capixaba Energia LTDA ("Capixaba Energia"), a producing oil and gas asset, generating substantial

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Valve Actuator Market Size is Anticipated to Grow at a CAGR of 5.3%, Reaching USD 24.62 billion by 2031

04/25/2025

­According to a new comprehensive report from The Insight Partners, the Valve Actuator Market is observing significant growth owing to growing advancements in valve actuators and increasing growth in the oil and gas industry. The report runs an in-depth analysis of market

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Top 5 Actions to Transform the Energy Supply Globally

04/25/2025

­Despite record-breaking growth in renewable energy, the world is dangerously off track to meet crucial climate goals.  If we are serious about securing a sustainable, equitable and resilient energy future, we must act now.    1. Empower people for an inclusive

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Mammoet Makes HVO Commitment to Fuel its Carbon Reduction Goals

04/23/2025

­Mammoet today announced that it will be implementing HVO fuel across the Netherlands, UK and Canada from Q2 2025. The move demonstrates that the company is leading the market in developing more sustainable ways of conducting heavy lifting and transport. This investment in HVO has been

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Power Transistors Market to Reach USD 29.6 billion by 2032

04/22/2025

­The global power transistors market size is projected to experience significant growth over the coming years, with an expected CAGR of 6.8% from 2024 to 2032. In 2023, the market's valuation stood at approximately USD 16.5 billion, and it is anticipated to reach USD 29.6 billion by 2032. Key

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Ilika's Goliath Battery for Electric Vehicles Achieves Scale-up Milestone

04/18/2025

­Ilika, the UK pioneer in solid state battery technology, confirms superior performance of its Goliath batteries manufactured via an industrially scaled process at The UK Battery Industrialisation Centre. This further underpins confidence that the battery is on track on its route to market, reducing

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GE Vernova’s HA-powered Goi Thermal Power Station Adds 2.3 GW of Electricity to Contribute to the Stable Supply of Electricity in Japan

04/17/2025

­GE Vernova announced that the Japanese joint venture Goi United Generation (GIUG)’s Goi Thermal Power Station achieved the start of commercial operation in Chiba Prefecture, part of the Greater Tokyo Area. The joint venture comprises Japan's largest power producer by capacity JERA, ENEOS Power

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First Corporate Client of 6G Test Center Develops Bulletproof Glass with RF Signal Protection

04/17/2025

­In dual-use products, innovation can arise from the intersection and combination of traditional products and features that meet future needs. The 6G Test Center already enables simulation of wireless communication scenarios of the 2030s. With the first client, various bulletproof glasses with

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TAE Technologies Delivers Fusion Breakthrough that Dramatically Reduces Cost of a Future Power Plant

04/15/2025

­TAE Technologies, a private fusion energy company developing the cleanest and safest approach to commercial fusion power, has achieved a first-of-its-kind breakthrough that fundamentally advances the performance, practicality and reactor-readiness of the company's proprietary fusion technology. Experimental

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Think Power Solutions Renews Contract with AEP, Expanding AI-Enabled Utility Services with Industry-Leading Safety Record

04/14/2025

­Think Power Solutions, a leading AI-enabled utility infrastructure solutions provider with an industry-leading safety record, is proud to announce the renewal of its contract with American Electric Power (AEP), one of the nation’s largest electric utility companies. This agreement reinforces

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