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ExxonMobil tops Fortune 500 list and more Houston energy news to know

ExxonMobil is the top-ranked Texas company on the Fortune 500 2025. Getty Images

Editor's note: It's time to look back at the biggest energy transition news for the first half of June 2025. Here are the five most-read EnergyCapital stories from June 1-13:

1. Houston earns No. 3 spot among cities with most Fortune 500 headquarters

Twenty-six Houston-area companies landed on the latest Fortune 500 list. Photo via Getty Images

Houston maintained its No. 3 status this year among U.S. metro areas with the most Fortune 500 headquarters. Fortune magazine tallied 26 Fortune 500 headquarters in the Houston area, behind only the New York City area (62) and the Chicago area (30). On the Fortune 500 list for 2025, Spring-based ExxonMobil remained the highest-ranked company based in the Houston area as well as in Texas, sitting at No. 8 nationally. Continue reading.

2. Tech entrepreneur turned climate investor is on a mission to monetize carbon removal

Yao Huang is the guest on the latest episode of the Energy Tech Startups Podcast. Courtesy photo

A seasoned tech entrepreneur turned climate investor, Yao Huang brings sharp clarity to one of the biggest challenges in climate innovation: how do we fund and scale technologies that remove carbon without relying on goodwill or government subsidies? In this episode of the Energy Tech Startups Podcast, Yao sits down for a wide-ranging conversation that redefines how we think about decarbonization. Continue reading.


3. Houston students take home top prizes at DOE wind energy competition

Rice Wind Energy had a strong showing at the DOE's 2025 Collegiate Wind Competition. Photo courtesy Rice University.

The student-led Rice Wind Energy team clinched second place overall at the U.S. Department of Energy’s 2025 Collegiate Wind Competition (CWC), which challenges students nationwide to design and build wind turbines, develop wind energy projects and engage in public outreach to promote renewable energy. Continue reading.

4. Houston biotech company continues to expand in Brazil with new research partner

Cemvita has partnered with Brazilian sustainable research institution REMA. Photo courtesy of Cemvita

Houston biotech company Cemvita has announced a strategic collaboration with Brazilian sustainable research institution REMA. The move aims to promote Cemvita’s platform for evaluating and testing carbon waste streams as feedstocks for producing sustainable oil. Continue reading.

5. 6 Houston energy transition events to attend in June 2025

Meet the newest members of Greentown Labs at Transition on Tap. Photo via Greentown Labs

June has arrived, and with it come more must-attend events in the energy transition sector. Mark your calendar today for these conferences, symposiums, summits, expos, and more. Continue reading.

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A View From HETI

Nominal, a Los Angeles-based software development firm, will host workshops and office hours at Greentown Houston. Photo courtesy of Greentown Labs

Greentown Labs has partnered with Los Angeles-based software development firm Nominal to launch the new Industrial Center of Excellence at Greentown's Houston incubator.

Nominal will provide access to its connected test and operations stack to help engineers working at Greentown Houston startups boost their "efficiency, automation, and scalability," according to a news release. The news comes just a few days after Greentown announced a partnership with Houston-based EnergyTech Nexus, which will also open an investor lounge on-site.

"Our mission is to remove friction for innovative entrepreneurs, so they can rapidly scale their transformative solutions," Lawson Gow, Greentown's Head of Houston, said in the release. "The Industrial Center of Excellence with Nominal will complement Greentown's robust prototyping, equipment, and lab offerings to accelerate entrepreneurs' ability to bring disruptive technologies out of the lab and into the world."

According to Greentown and Nominal, the partnership will support startups that are focused on decarbonizing the manufacturing sector, which Greentown estimates represents about a third of startups in its Houston incubator.

The new center will host specialized workshops and Nominal will now offer weekly office hours for Greentown startups.

"The future belongs to teams who can deliver resilient hardware faster than anyone else," Bryce Strauss, co-founder of Nominal, added in the statement. "Competitive edge is defined by test velocity. Nominal is building a connected stack of software tools where every discipline works shoulder-to-shoulder to make confident, real-time decisions."

Nominal, which supports engineering work in the aerospace, energy, automotive and defense industries, closed a $75 million series B round this summer.

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