Critical Energy, a startup focused on geothermal energy, secured $19 million in seed funding to develop modular turbines tailored for geothermal power plants. This technology addresses a shortage of compatible turbines, enabling faster and cheaper factory-built solutions compared to traditional large turbines assembled on site. The company plans to complete its first 2.5 megawatt project by 2027 and aims to scale up to gigawatt-level production by the early 2030s, potentially outpacing nuclear fission and fusion startups. With geothermal energy's vast potential and growing demand, especially from data centers, Critical Energy's innovation could accelerate renewable energy adoption and attract oil and gas industry involvement due to their drilling expertise.
PermRock Royalty Trust announced a monthly cash distribution of $0.021782 per unit, totaling $265,001.53, payable September 15, 2026, based on June 2026 oil and gas production. Oil sales volumes increased slightly but were offset by lower prices, whi...
Ripple CEO Brad Garlinghouse announced the company is aggressively integrating artificial intelligence to accelerate its business growth and workforce expansion. Ripple, with about 1,500 employees and 94 open roles, expects to more than double its an...
Meridian Mining plc has applied to admit 195,520 new ordinary shares to trading on the London Stock Exchange, expected on August 26, 2026. These shares are issued following the exercise of awards under the company's Omnibus Plan 2025 and will rank eq...
XRP's trading volume surged by over 130% alongside a 17% price increase, reaching about $1.40 from $1.15 in a single session. This strong volume across major exchanges like Bitget, Bybit, OKX, and Binance indicates robust market participation rather ...
A £5.3 billion hyperscale data centre planned on London's green belt is expected to emit over 1 million tonnes of CO2 annually, equivalent to 27,000 transatlantic flights. Despite being marketed as a zero-carbon facility, planning documents reveal em...
