Business Wire News

TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) announced today that it expects to release its 2021 third quarter financial results on Thursday, November 11, 2021 after the close of North American markets.


Earnings Conference Call & Webcast Details
A conference call and webcast to discuss the 2021 third quarter financial results will be held at 10:30 AM EDT on Friday, November 12, 2021. To participate in the conference call, dial: 1-844-389-8661. Internet users can listen to the call live at: https://edge.media-server.com/mmc/p/c9795pya or as an archived call, on Superior's website at: www.superiorplus.com under the Events section.

About the Corporation
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.

For further information about Superior, please visit Superior’s website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll Free: 1-866-490-PLUS (7587).


Contacts

Beth Summers, Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran, Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll Free: 1-866-490-PLUS (7587).

CANONSBURG, Pa.--(BUSINESS WIRE)--#ETRN--Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the third quarter 2021. The dividends will be paid on November 12, 2021 to all applicable ETRN shareholders of record at the close of business on November 2, 2021.


About Equitrans Midstream Corporation:

Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Source: Equitrans Midstream Corporation


Contacts

Analyst inquiries:
Nate Tetlow – Vice President, Corporate Development and Investor Relations
412.553.5834
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media inquiries:
Natalie A. Cox – Communications and Corporate Affairs
412.395.3941
This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.027000 per unit, payable on November 15, 2021 to unitholders of record on October 29, 2021. The net profits interest calculation represents reported oil production for the month of July 2021 and reported natural gas production during June 2021. The calculation includes accrued costs incurred in August 2021.

The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.

 

 

 

Underlying Sales Volumes

 

 

Average Price

 

 

 

Oil

 

 

Natural Gas

 

 

Oil

 

 

Natural Gas

 

 

 

Bbls

 

 

Bbls/D

 

 

Mcf

 

 

Mcf/D

 

 

(per Bbl)

 

 

(per Mcf)

Current Month

 

 

37,384

 

 

1,206

 

 

306,555

 

 

10,219

 

 

$

70.27

 

 

$

2.92

Prior Month

 

 

38,925

 

 

1,298

 

 

288,656

 

 

9,311

 

 

$

71.35

 

 

$

2.83

 

Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled $2.6 million for the current month on realized wellhead prices of $70.27/Bbl, down $0.1 million from the prior month distribution period.

Recorded natural gas cash receipts from the Underlying Properties totaled $0.9 million for the current month on realized wellhead prices of $2.92/Mcf, up $0.1 million the prior month distribution period.

Total accrued operating expenses for the period were $2.2 million, a $0.1 million decrease month-over-month from the prior period. Capital expenditures decreased $0.1 million from the prior period to $0.2 million.

About Permianville Royalty Trust
Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.

Forward-Looking Statements and Cautionary Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, expected expenses, including capital expenditures. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from COERT Holdings 1 LLC (the “Sponsor”) with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by the volatility in commodity prices, which have experienced significant fluctuation since the beginning of 2020 in response to the economic effects of the COVID-19 pandemic and the actions taken by Russia and the members of the Organization of Petroleum Exporting Countries regarding production levels. Low oil and natural gas prices will reduce profits to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. Other important factors that could cause actual results to differ materially include expenses of the Trust, reserves for anticipated future expenses and the effect, impact, potential duration or other implications of the COVID-19 pandemic. In addition, future monthly capital expenditures may exceed the average levels experienced in 2020 and prior periods. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 23, 2021. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.


Contacts

Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell 1 (512) 236-6555

Securing Japan’s ports in Kobe and Tokyo with high-performance contraband detection

TOKYO--(BUSINESS WIRE)--Smiths Detection, a global leader in threat detection and security inspection technologies, has secured a contract with Japan Customs to provide two Hi Energy 9 MeV, interlaced, dual view HCVS high-performance cargo inspection systems for screening trucks and cargo containers to Tokyo Customs at Jyonanjima and Kobe Customs at Mizushima. Installations will start in April 2022.


This improved HCVS X-ray stationary screening system utilizes a new upgraded conveyor mechanism which optimises security checks by scanning whole trucks (cabin included), containers, and vehicles for threats and contraband. With the ability to discriminate between organic and inorganic materials, the HCVS reduces the need for manual inspection while producing rapid and reliable results. It is already deployed at various ports across Japan and at international ports such as Belgium’s Port of Antwerp and Israel’s Haifa Port.

Japan is the world’s fourth largest importer and exporter of goods, making trade essential for its economy. In August 2021, imports and exports rose by over 20 percent year on year as Japan’s economy continues to recover from the impact of the pandemic1.

“As the volume of goods and trade increases globally, being technologically innovative is vital for establishing trust between stakeholders and maintaining the flow of goods through our local and global markets,” said Kevin Davies, Smiths Detection, Global Director Ports and Borders. “Smiths Detection is proud to support Tokyo and Kobe Customs in creating the safest port environments possible. With state-of-the-art technology and our global team, we look forward to strengthening the region’s ease of trade and securing movements of cargo around the world.”

###

About Smiths Detection

Smiths Detection, part of Smiths Group, is a global leader in threat detection and screening technologies for aviation, ports and borders, defence and urban security. Our experience and history across more than 40 years at the frontline, enables us to deliver the solutions needed to protect society from the threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals and narcotics.

Our goal is simple – to provide security, peace of mind and freedom of movement upon which the world depends.

For more information visit www.smithsdetection.com.

1 https://www.icis.com/explore/resources/news/2021/09/16/10685288/japan-s-chemicals-exports-rise-by-28-5-in-aug-total-shipments-up-26-2


Contacts

Terri Teo
Edelman on behalf of Smiths Detection
This email address is being protected from spambots. You need JavaScript enabled to view it.

Sophie Mills
Global Communications Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) will file third quarter 2021 results before market hours Monday, Nov. 1. In addition to the Form 10-Q filing, the partnership plans to issue a press release before market hours that day detailing the quarter’s results and recent business highlights.

ABOUT ENABLE MIDSTREAM PARTNERS

Enable owns, operates and develops strategically located natural gas and crude oil infrastructure assets. Enable’s assets include approximately 14,000 miles of natural gas, crude oil, condensate and produced water gathering pipelines, approximately 2.6 Bcf/d of natural gas processing capacity, approximately 7,800 miles of interstate pipelines (including Southeast Supply Header, LLC of which Enable owns 50%), approximately 2,200 miles of intrastate pipelines and seven natural gas storage facilities comprising 84.5 billion cubic feet of storage capacity. For more information, visit https://enablemidstream.com.


Contacts

Media and Investor
Matt Beasley
(405) 558-4600

SEOUL, South Korea--(BUSINESS WIRE)--#CheapSolarPanelFrameMaterial--LG Chem (KRX: 051910) has developed a plastic material that can replace the metal in solar panel frames for the first time in Korea and starts full-scale market penetration.


LG Chem announced that the Company has developed ‘LUPOY EU5201’, a PC/ASA flame retardant material that maintains the material shape even during temperature changes due to its low thermal expansion levels, using their proprietary technology and manufacturing method.

* PC/ASA: Engineering plastic with enhanced physical properties made by mixing ASA (Acrylonitrile Styrene Acrylate) resins with polycarbonate as a base

Solar panel frames are located at the edge of solar panels to protect and support the panel from external impact. Heat resistance and strong durability against corrosion are required as the materials are exposed outside for a long time, such as on exterior walls or the roof where there is direct sunlight. Solar panel frames account for about 10% of solar panels, and are mainly made of aluminum alloy.

The ‘LUPOY EU5201’, developed by LG Chem, is a high-performance engineering plastic material that supplements the mechanical properties of general plastics by adding glass fiber to polycarbonate compounds.

It has the same level of durability as existing aluminum, but is half the weight and has excellent price competitiveness. Also, it has excellent dimensional stability that maintains its shape even in temperature changes, so it is not easily deteriorated or deformed by the external environment. The chemical decomposition caused by ultraviolet rays exposure has been reduced, which has significantly improved the lifespan of the product compared to general plastics, and the color remains the same even after long-term exposure to ultraviolet rays.

If aluminum is replaced with LG Chem's new engineering plastic material, the weight of the solar panel is expected to decrease dramatically and material cost can also be reduced. This can bring increased convenience during transportation and installation.

LG Chem has PCR PC (Post-Consumer Recycled Polycarbonate) development technology that recycles plastics used by general consumers, so the Company can also produce eco-friendly low-carbon products using high-content PCR raw materials at the request of customers. The Company also plans to review ways to collect the solar panel frame that will be discarded in the future and reproduce them into PCR PC.

LG Chem has secured mass production capability during the first half of this year and started selling products in full-scale in the third quarter. Starting with the supply for solar panel frames, the Company plans to expand the application of materials to interior and exterior materials of automobiles in the future.

Steven Kim, Leader of the Engineering Materials Division at LG Chem, stated, “Solar panel frames made of plastic have many advantages that differentiate them from existing frames, such as ease of installation, and therefore have great market potential. Based on the world's best compounding technology, LG Chem plans to lead the rapidly growing solar material market through continuous R&D and investment into mass production capabilities.”

LG Chem declared ‘carbon-neutral growth by 2050’ last year, the first company to do so in the domestic petrochemical industry, and is promoting RE100, which produces products using renewable energy at all workplaces around the world. LG Chem plans to accelerate carbon-neutral growth through the transition to renewable energy and contribute to the development of renewable energy industry such as solar power through the development of LUPOY EU5201 product.

About LG Chem

LG Chem, Ltd. is Korea’s largest diversified chemical company which operates three main business units: Petrochemicals, Advanced Materials, Life Sciences. The chemical business manufactures a wide range of products, from petrochemical goods to high-value added plastics. It also extends its chemical expertise into high-tech areas such as electronic & battery materials and drugs & vaccines. Throughout multiple production facilities and an extensive distribution network, LG Chem strives to become a leading global company. For more information, please visit the LG Chem website at www.lgchem.com.


Contacts

LG Chem, Ltd.
Sangkyu Choi, Manager
+82-2-3773-7869
This email address is being protected from spambots. You need JavaScript enabled to view it.

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--Regulatory News:


TechnipFMC (NYSE: FTI) (PARIS: FTI) and Talos Energy Inc. (NYSE: TALO) announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and sub-surface expertise with TechnipFMC’s extended history in subsea engineering, system integration and automation and control.

Cultivated through a shared vision to responsibly deliver CCS solutions that will help to reduce the global carbon footprint, this innovative partnership will accelerate offshore CCS adoption with reliable, specialized CCS systems.

Under the alliance, the companies will collaborate to progress CCS opportunities through the full lifecycle of storage site characterization, front-end engineering and design (FEED), and first injection through life of field operations. This further advances the companies’ leadership in the emerging Gulf Coast CCS market, building on Talos’s recent successful award as the operator of the only major offshore carbon sequestration hub in the United States.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “We are pleased to partner with Talos to deliver offshore CCS solutions that will help reduce CO2 emissions during the energy transition. This alliance capitalizes on our collective expertise and TechnipFMC’s position as a system integrator and architect to deliver a reliable industrial-scale solution for CCS.”

Bob Abendschein, Executive Vice President and Head of Operations at Talos, commented: “We are excited to announce this strategic alliance with TechnipFMC and to work collaboratively as we continue to execute on our strategy to scale our CCS business. Combining the technical expertise of both companies solidifies our market leadership in delivering integrated CCS solutions to lower industrial carbon emissions and create a positive impact in the communities where we work and live.”

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

ABOUT TALOS ENERGY

Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both upstream through oil and gas exploration and production and downstream through the development of future carbon capture and storage opportunities. As one of the Gulf of Mexico’s largest public independent producers, we leverage decades of technical and offshore operational expertise towards the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and storage collaborative arrangement along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.

Category: UK regulatory


Contacts

Investor relations

Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Media relations

Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Talos Energy Investor Relations Contact
Sergio Maiworm
+1.713.328.3008
This email address is being protected from spambots. You need JavaScript enabled to view it.

Investment builds on Antin’s history of investing in renewable energy platforms and supporting the transition to a clean energy future

PARIS & LONDON & NEW YORK--(BUSINESS WIRE)--Regulatory News:


Antin Infrastructure Partners (Ticker: ANTIN – ISIN: FR0014005AL0), one of the world’s leading infrastructure investment firms, announced today that funds managed by Antin have entered into a definitive agreement to acquire a majority stake in Origis Energy, a major vertically integrated renewable energy platform in the United States, from its CEO & President Guy Vanderhaegen and Global Atlantic Financial Group. The company focuses on developing, building, and operating utility-scale solar and storage assets, as well as distributed generation. Guy Vanderhaegen will continue to lead and to hold a significant stake in the company.

Founded in 2008, Origis Energy has a track record of development success across 130 solar and storage projects. Antin will support Origis Energy with additional capital and resources as it builds out its contracted pipeline, which is one of the largest in the U.S. and provides clear visibility into its growth plan over the next several years. The company will further scale its operations to deliver on longer-term development goals, continue to expand its operations and maintenance services business and further strengthen its position as a key player in energy transition.

By developing renewable energy projects, Origis Energy is at the forefront of companies contributing to decarbonisation efforts. Its solar and storage projects offer a clean alternative to fossil fuel-reliant energy sources, thus helping customers reduce net greenhouse gas emissions and transition to a low carbon economy. The nationwide energy transition, supported by national and state level policies, continues to create strong market growth for solar and storage assets.

The transaction, carried out through its Fund IV, is Antin’s third investment in the U.S. market as Antin expands its presence in North American infrastructure following the opening of its New York office in 2019.

Kevin Genieser, Senior Partner at Antin Infrastructure Partners who led the transaction, stated: “We are excited to work with the entire Origis Energy team in this major growth chapter for the company. Origis Energy continues Antin’s decade-long track record of investing in renewable energy platforms and supporting the transition to a clean energy future. This transaction is well aligned with Antin’s own ESG objectives.

Guy Vanderhaegen, CEO & President of Origis Energy, added: “We are delighted to partner with Antin Infrastructure Partners to support our growth story. With its backing, we can continue to capitalise on the fast-growing U.S. renewables market, which benefits from a supportive regulatory environment and compelling technology fundamentals.

Anup Agarwal, Chief Investment Officer of Global Atlantic Financial Group, commented: “We are pleased to have participated in Origis Energy’s great success story, first as an investor in its solar projects and later as the company’s largest outside shareholder. Guy has built a world-class team with strong focus on delivering the highest standards of service and execution, which has positioned Origis Energy well for continued long-term success as demand for clean power supply continues to increase.”

Origis Energy was advised by Onpeak Capital (lead financial advisor) and Goldman Sachs (financial advisor) and Norton Rose Fulbright (legal advisor). Antin Infrastructure Partners was advised by Scotiabank and Wells Fargo Securities (financial advisor) and Latham & Watkins (legal advisor).

Closing is expected in late 2021 following the receipt of customary regulatory approvals.

About Antin Infrastructure Partners

Antin Infrastructure Partners is a leading independent private equity firm focused on infrastructure investments. Based in Paris, London and New York, and majority owned by its partners, the firm employs over 150 professionals. Antin targets majority stakes in infrastructure businesses in the energy and environment, telecom, transport and social infrastructure sectors. Antin has €19.9 billion in assets under management and has made investments in 28 companies since its founding. Antin is listed on compartment A of the regulated market of Euronext Paris (Ticker: ANTIN – ISIN: FR0014005AL0)

About Origis Energy

Origis Energy is a leading renewable energy platform in the United States with a growing pipeline of solar and storage projects. Headquartered in Miami, with regional offices in Austin and San Diego, Origis has 105 employees across its development, engineering/procurement/ construction, operations and maintenance, financing and accounting teams. The company was founded in 2008 and is led by CEO & President Guy Vanderhaegen. Origis currently operates 2 GW of solar and storage capacity and has a significant project pipeline with 20 GW of capacity.


Contacts

Media Contacts
Antin Infrastructure Partners
Nicolle Graugnard, Communication Director
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Brunswick
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tristan Roquet Montegon: +33 (0) 6 37 00 52 57
Gabriel Jabès: +33 (0) 6 40 87 08 14

Origis Energy
Glenna Wiseman, Media Contact
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Direct: +1 408-478-2570

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) and Talos Energy Inc. (NYSE: TALO) announced today that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and sub-surface expertise with TechnipFMC’s extended history in subsea engineering, system integration and automation and control.


Cultivated through a shared vision to responsibly deliver CCS solutions that will help to reduce the global carbon footprint, this innovative partnership will accelerate offshore CCS adoption with reliable, specialized CCS systems.

Under the alliance, the companies will collaborate to progress CCS opportunities through the full lifecycle of storage site characterization, front-end engineering and design (FEED), and first injection through life of field operations. This further advances the companies’ leadership in the emerging Gulf Coast CCS market, building on Talos’s recent successful award as the operator of the only major offshore carbon sequestration hub in the United States.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “We are pleased to partner with Talos to deliver offshore CCS solutions that will help reduce CO2 emissions during the energy transition. This alliance capitalizes on our collective expertise and TechnipFMC’s position as a system integrator and architect to deliver a reliable industrial-scale solution for CCS.”

Bob Abendschein, Executive Vice President and Head of Operations at Talos, commented: “We are excited to announce this strategic alliance with TechnipFMC and to work collaboratively as we continue to execute on our strategy to scale our CCS business. Combining the technical expertise of both companies solidifies our market leadership in delivering integrated CCS solutions to lower industrial carbon emissions and create a positive impact in the communities where we work and live.”

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

ABOUT TALOS ENERGY

Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing long-term value through its operations, currently in the United States and offshore Mexico, both upstream through oil and gas exploration and production and downstream through the development of future carbon capture and storage opportunities. As one of the Gulf of Mexico’s largest public independent producers, we leverage decades of technical and offshore operational expertise towards the acquisition, exploration and development of assets in key geological trends that are present in many offshore basins around the world. With a focus on environmental stewardship, we are also utilizing our expertise to explore opportunities to reduce industrial emissions through our carbon capture and storage collaborative arrangement along the U.S. Gulf Coast and Gulf of Mexico. For more information, visit www.talosenergy.com.


Contacts

Investor relations

Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Media relations

Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Talos Energy Investor Relations Contact
Sergio Maiworm
+1.713.328.3008
This email address is being protected from spambots. You need JavaScript enabled to view it.

TORONTO--(BUSINESS WIRE)--$DYA #HydroCarbons--dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that the executive management of Verra, which manages the world’s largest greenhouse gas program, the Verified Carbon Standard, has announced to dynaCERT that it’s Methodology in respect of its Carbon Credit Certification has reached a new important stage.


As part of its normal required process of certification, Verra has advanced dynaCERT’s Carbon Credit Methodology to its Global Public Comment Stage in order to meet Verra’s Verified Carbon Standard. The Methodology for Improved Efficiency of Fleet Vehicles and Combustion Engines can be viewed and downloaded here: https://verra.org/methodology/methodology-for-improved-efficiency-of-fleet-vehicles-and-combustion-engines/

Verra indicates the following: “This Methodology applies to project activities that improve efficiency of vehicle fleets and mobile machinery (e.g. fleets of trucks, buses, cars, taxis or motorized tricycles, excavators, cranes), resulting in reduced fuel usage and GHG emissions. This Methodology is globally applicable. The Methodology is based on the CDM methodology AMS-III.BC. Emission reductions through improved efficiency of vehicle fleets and approved VCS Methodology Revision VMR0004 that included mobile machinery.”

Once finalized by Verra, the Methodology will pave the way for dynaCERT’s patented HydraGEN™ Technology and HydraLytica™ Telematics to be deployed for the certification of Carbon Credits on a global basis.

Hydrogen Economy Leaders Collaborating with Verra

dynaCERT’s management is fully committed to maintaining a Canadian leadership role in the new Hydrogen Economy while collaborating significantly with other top-ranked clean industry leaders, such as Verra, to further supplement and broaden the benefits of the Company’s clean-technology line of products currently available to the global market.

United Nations Clean Development Mechanism

The previously announced concept note accepted by Verra is unique because no such similar methodology is in use globally for mobile transportation vehicles. See the Company’s Press Release dated January 25, 2021. After discussion and thorough research, Verra accepted the concept note designed to create dynaCERT’s new Transportation Verified Carbon Standard (VCS) Methodology under Verra’s VCS Program using the proposed revisions by dynaCERT and the Clean Development Mechanism of the United Nations enacted by the United Nations’ “Framework Convention on Climate Change, regarding emission reductions through improved efficiency of vehicle fleets”, i.e., AMS-III.B.C.

Monika Wojcik of Environmental Partners of the UK, dynaCERT’s consultant on Carbon Credits stated, “The approval of the new methodology could play an important role for the voluntary carbon market to scale up from $300 million valued now to over $50 billion to meet the demand for carbon neutrality in the near future. In the unrepresented transportation industry in the carbon market, dynaCERT’s HydraGEN™ units’ adoption is a milestone in the CO2 reductions with upcoming support of the carbon monetization available to dynaCERT clients.”

Jim Payne, CEO of dynaCERT, stated, “Voluntary Carbon Credits have grown exponentially in the last 5 years. The Voluntary Carbon Credit Market continues to grow rapidly and is expected to evolve as a very significant global investment opportunity, just as Cryptocurrency and FinTech have rapidly changed the world of modern investments and currency exchange. Verra is one such organization at the cornerstone of Voluntary Carbon Credits operating in the Carbon Credit certification market and it is by far one of the largest such organizations with a roster of over 1,700 Carbon Credit Projects world-wide. dynaCERT thanks Verra for all its continued support.”

About Verra

Verra is a global leader helping to tackle the world’s most intractable environmental and social challenges by developing and managing standards that help the private sector, countries, and civil society achieve ambitious sustainable development and climate action goals. Verra’s global standards and frameworks serve as linchpins for channeling finance towards high-impact activities that tackle some of the most pressing environmental issues of our day. Website: www.verra.org

The VCS Program of Verra

The VCS Program is the world’s most widely used voluntary GHG program. The VCS Program provides a pathway for carbon projects to achieve certification through a third-party audit process. Successful certification can result in the generation of a VCU (Verified Carbon Unit). Since its launch in 2006, the VCS Program has grown into the world’s largest voluntary GHG program. Projects certified under the VCS Program include dozens of technologies and measures which result in GHG emission reductions and removals, including forest and wetland conservation and restoration, agricultural land management, transport efficiency improvements, and many others. Over 1,600 certified VCS Program projects have collectively reduced or removed more than 550 million tonnes of carbon and other GHG emissions from the atmosphere, the equivalent of more than 120 million passenger vehicles being taken off the road for one year.

Methodology of the United Nations

More information about the methodology of the United Nations for reductions of emissions of vehicles under the AMS-III.B.C. may be found here:

https://cdm.unfccc.int/methodologies/DB/13LQNV5A5EKORXUG3607N7ROBX6J6K

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these low-pressure gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board
Murray James Payne, CEO


Contacts

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

FORT WORTH, Texas--(BUSINESS WIRE)--Mustang Extreme Environmental Services, a leader in environmental containment, water treatment, ground protection, and remote site access has acquired the assets of RW Products, LLC.


“We’re delighted to further expand our support for the key American oil and gas industry with the acquisition of RW Products,” said Chris Thomas, CEO of Mustang Extreme. “Adding the RW Products team and resources to our best-in-class service offering in the Appalachian basins will provide our customers and operators with a customer experience unrivaled in the industry. The acquisition will allow us to continue to expand our service offerings to meet the changing market dynamics and address important ESG initiatives. Customers keep returning to Mustang Extreme thanks to the quality of our products, our breadth of products, and our impeccable service and safety record. The RW Products acquisition will further enhance this value proposition.”

“Patrick Justice and his team will continue to support the RW Products customers using our resources to enhance the experience where necessary. I look forward to working with Patrick,” continued Mr. Thomas. “With one of the most experienced crews in the oil and gas space, Mustang Extreme can meet the market needs and the RW Products team will further increase our ability to service the market.”

About Mustang Extreme Environmental Services

Mustang Extreme was formed in 2018 with the merger of Extreme Plastics Plus (founded in 2007), Mustang Energy Services (founded in 2011), the acquisition of Aria Rose Oilfield Solutions in 2019 and the acquisition of RW Products, LLC in 2021. The combined company is a leader in environmental containment, water treatment, ground protection and remote accessibility, with significant scale and a diversified suite of products and services. Mustang is the only containment company servicing all major oil & gas basins in the United States. Mustang Extreme is part of the Blue Wolf Capital Partners portfolio. For more information, visit www.mustangextreme.com.


Contacts

Becky Byrd | 713-818-6162
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

- Proven BrightLoop is part of B&W’s ClimateBrightTM suite of decarbonization technologies

- BrightLoop can convert various fuels, including woody biomass, into clean, zero-carbon hydrogen fuel

- Project will be part of the largest green hydrogen hub in southeastern Australia

AKRON, Ohio--(BUSINESS WIRE)--$BW #chemicallooping--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Renewable segment has entered into an agreement with Port Anthony Renewables Limited to jointly develop a biomass-to-hydrogen clean energy project in Port Anthony, Victoria, Australia utilizing B&W’s BrightLoopTM technology. When completed, the plant is expected to be part of the largest green hydrogen hub in southeastern Australia.

BrightLoop technology is part of B&W’s ClimateBrightTM suite of decarbonization technologies. It utilizes a proprietary regenerable oxide particle to generate hydrogen from a variety of fuels, including biomass, natural gas, petroleum coke, coal, municipal solid waste for waste-to-energy and syngas while creating a concentrated stream of carbon dioxide (CO2) for sequestration or utilization.

“The need for clean energy and decarbonization solutions in the Asia-Pacific region is significant, and our ClimateBright technologies will play a key role in the growth of our business,” said Jimmy Morgan, B&W Chief Operating Officer. “Net-zero greenhouse gas emissions through the use of low-carbon fuels such as hydrogen is an achievable goal being embraced by governments and industries worldwide and we’re excited to have proven technologies, such as BrightLoop, to meet this need.”

Ben Anthony, Managing Director & Chief Executive Officer of Port Anthony Renewables said, “Port Anthony Renewables is pleased to have Babcock & Wilcox, a world-renowned technology leader and supplier of advanced technology for renewable energy and environmental protection join the development of the Port Anthony Green Energy Hub.”

“The jointly developed project with Port Anthony Renewables at the Port Anthony Hydrogen Hub is a game changer not only for our project but also for the decarbonization of the Victorian and, in turn, the Australian economy,” Anthony said. “We believe the future of all forms of transport in Australia is changing and hydrogen will play a key role alongside of battery electric vehicles in achieving our 2050 net zero targets.”

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at www.babcock.com.

About B&W Renewable

Babcock & Wilcox Renewable offers cost-effective technologies for efficient and environmentally sustainable power and heat generation, including waste-to-energy, biomass energy and black liquor systems for the pulp and paper industry. B&W Renewable’s leading technologies support a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions.

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the signing of an agreement to jointly develop a biomass-to-hydrogen clean energy project in Australia, as well as business growth in the Asia-Pacific region. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.


Contacts

Investor Contact:
Megan Wilson
Vice President, Corporate Development & Investor Relations
Babcock & Wilcox
704.625.4944 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345 | This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2021 earnings conference call for Thursday, October 28, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the quarter, which will be released before the market opens on Thursday, October 28, 2021.


By Phone:

Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for the Civeo call at least 10 minutes prior to the start time.

A replay will be available through November 4th by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 13724492#.

By Webcast:

Connect to the webcast via the Events and Presentations page of Civeo's Investor Relations website at www.civeo.com.

Please log in at least 10 minutes in advance to register and download any necessary software.

A webcast replay will be available after the call.

ABOUT CIVEO

Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 28 lodges and villages in Canada, Australia and the U.S., with an aggregate of approximately 30,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo's website at www.civeo.com.


Contacts

Regan Nielsen
Civeo Corporation
Senior Director, Corporate Development & Investor Relations
713-510-2400

Company releases sustainability strategy update detailing innovative programs and clean energy investments

SAN DIEGO--(BUSINESS WIRE)--#SustainableSDGE--Today San Diego Gas & Electric Company (SDG&E) released its annual sustainability strategy update, highlighting what it has accomplished over the past year to help create a clean, resilient and equitable future, as well as outlining new and accelerated goals to help meet its pledge to reach net zero greenhouse gas emissions by 2045.



“Over the past year, we spent a lot of time listening to a wide cross section of stakeholders so that we could incorporate their feedback into our long-term strategy to move our region closer to carbon neutrality,” said SDG&E CEO Caroline Winn. “We recognize we still have much work to do and that we can’t do it alone. Community partners who support and challenge us in our work to develop sustainability solutions are invaluable as we focus on strengthening climate equity and community resilience where we all call home.”

SDG&E’s new sustainability goals include:

  • Operating a Zero Emissions Fleet by 2035
    Recognizing the transportation sector is the single largest source of GHG emissions1, SDG&E seeks to operate a 100% zero emissions vehicle (ZEV) fleet by 2035 – five years ahead of the company’s original goal.
  • Achieving Zero Net Energy Facilities by 2030
    Buildings account for 25% of GHG emissions in the state2. As part of SDG&E’s work to ensure its own operations are sustainable, the company set a new goal to achieve zero net energy3 for all company-owned facilities in San Diego and southern Orange County.
  • Piloting a Virtual Power Plant by 2022
    In an effort to boost grid reliability, flexibility and resilience, SDG&E will accelerate its timeline to deliver a virtual power plant (VPP) by 2022, instead of 2025 as originally planned. This innovative demonstration project will integrate multiple types of customer-owned distributed energy resources (DER), including energy storage systems, into a planned renewable microgrid in Shelter Valley, a community in eastern San Diego County. The primary goal of the VPP is to coordinate the dispatch of customer DERs in concert with microgrid energy needs and allow those resources to be dispatched to the regional grid when supplies are tight. Results of the demonstration will inform future initiatives and grid management system needs.

SDG&E released a comprehensive sustainability strategy in October 2020, which included several aspirational goals. In the interest of accountability and transparency, the company committed to providing an annual update on its progress toward meeting its sustainability goals. Highlights of the company’s accomplishments over the past year include:

  • Adding two energy storage facilities (totaling 50 MW) by year end and starting construction on a third
  • Acquiring three large-scale mobile batteries, which can be deployed as backup power during emergencies
  • Finishing construction of a renewable microgrid by year end to support a rural community in a high fire-threat area that is subject to Public Safety Power Shutoffs and starting construction on a second microgrid that will provide backup power to CAL FIRE and U.S. Forest Service aerial firefighting assets
  • Helping launch a regional collaborative called Accelerate to Zero Emissions (A2Z) to align and attract public and private investment to expand the infrastructure necessary to support widespread adoption of electric vehicles and fuel cell vehicles
  • Completing a decade-long project to harden electrical infrastructure inside the Cleveland National Forest – replacing more than 2,300 wood poles with steel poles
  • Issuing $750 million in green bonds to raise the capital needed to deliver some of the projects outlined in its sustainability strategy

To view SDG&E’s sustainability strategy update and learn more about its programs, visit sdge.com/sustainability.

Photos of sustainability projects available

SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region’s infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram (@SDGE) and Facebook.

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

In this press release, forward-looking statements can be identified by words such as “believes,” “expects,” “anticipates,” “plans,” “estimates,” “projects,” “forecasts,” “should,” “could,” “would,” “will,” “confident,” “may,” “can,” “potential,” “possible,” “proposed,” “in process,” “under construction,” “in development,” “target,” “outlook,” “maintain,” “continue,” “goal,” “aim,” “commit,” or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S. in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) the ability to realize anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; cybersecurity threats to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business; the impact on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; volatility in inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control.

These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov, and on Sempra’s website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

This press release may include market, demographic and industry data and forecasts that are based on or derived from third-party sources such as independent industry publications, publicly available information, government data and other similar information from third parties. We do not guarantee the accuracy or completeness of any of this information, and we have not independently verified any of the information provided by these third-party sources. In addition, market, demographic and industry data and forecasts involve estimates, assumptions and other uncertainties and are subject to change based on various factors, including those discussed above. Accordingly, you should not place undue reliance on any of this information. This report also contains links to third-party websites that are not hosted or managed by Sempra or its family of companies, including SDG&E. We are not responsible for, nor do we recommend, endorse or support, any information contained on any such third-party websites.

Sempra Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.


1 Caltrans Greenhouse Gas Emissions and Mitigation Report, published Aug. 2020
2 California Air Resource Board (CARB)
3 California Public Utilities Commission (CPUC) definition of Zero Net Energy


Contacts

Krista Van Tassel
San Diego Gas & Electric
1-877-866-2066, This email address is being protected from spambots. You need JavaScript enabled to view it.
sdge.com
Twitter: @sdge

Gary Cresswell to Become Chairman of the Board



CALGARY, Canada--(BUSINESS WIRE)--Intelligent Wellhead Systems Inc. (IWS) is pleased to announce that its board of directors has appointed William Standifird as Chief Executive Officer. Also, effective October 5, Gary Cresswell, a current non-executive director, will become independent non-executive Chairman of the Board.

William Standifird’s 24-year international career includes operational and leadership positions in drilling, completions, and production technologies with startup and major oilfield service companies including Schlumberger and Halliburton.

Gary Cresswell is a 30-year global industry veteran with a proven ability to lead strategic, technical, and operational teams. He has held several board positions and currently serves as a non-executive director for two oilfield technology companies and as Executive Chairman of Probe Technology Holdings.

I am thrilled to lead the IWS team as we advance our portfolio of digital completion technologies. Our inVision™ Technology Platform is unmatched in helping oil and gas operators improve completions performance,” said Standifird. “Developing and implementing a safer, more reliable, and effective digital infrastructure for hydraulic fracturing and wireline operations promise to create significant value for our customers and shareholders.”

Cresswell commented, “William is a strong addition to the executive team, and his leadership skills will help the IWS management team accelerate growth of our innovative approach to helping operators deliver safe and efficient completions.”

About Intelligent Wellhead Systems

Intelligent Wellhead Systems designs, tests, manufactures, and deploys proprietary and unique digital safety and efficiency workflow technologies for oil and gas well completion operations. The company’s inVision™ Technology Platform helps oil/gas and oilfield service companies reduce operating risk, lower the total cost of operations, and improve uptime. IWS is a privately owned technology and services company that is backed by Pason Systems Inc. ("Pason") (TSX: PSI).


Contacts

Steve Sinclair-Smith
Chief Operating Officer
Intelligent Wellhead Systems Inc.
+1-587-323-7100
This email address is being protected from spambots. You need JavaScript enabled to view it.
intelligentwellheadsystems.com

Approval to supply carbon-neutral Renewable Natural Gas to meet the needs of 1,900 homes in the Metro Vancouver region

VANCOUVER, British Columbia--(BUSINESS WIRE)--EverGen Infrastructure Corp. (TSXV:EVGN) (“EverGen”, or the “Company”), Canada’s Renewable Natural Gas (“RNG”) Infrastructure Platform, announces that the British Columbia Utilities Commission (“BCUC”) has approved the RNG offtake agreement with FortisBC Energy Inc. (“FortisBC”) for the Company’s anaerobic digester expansion project at its Net Zero Waste Abbotsford Inc. (“NZWA”) composting and organic processing facility in Abbotsford, British Columbia.


The Company previously announced that its wholly owned subsidiary NZWA entered into a 20-year offtake agreement with FortisBC. Under the agreement, FortisBC will purchase up to 173,000 gigajoules of RNG annually for injection into its natural gas system. The project is expected to convert municipal and commercial organic waste into enough energy to meet the needs of approximately 1,900 residential homes.

This marks the final regulatory step with respect to the NZWA offtake agreement. Upon completion of NZWA project development and construction activities, EverGen expects to begin supplying Renewable Natural Gas from the project to FortisBC’s network by early 2023.

“The approval of the RNG offtake agreement for our anerobic digester project by BCUC marks an important milestone for the NZWA expansion project and moves the facility one step closer to having an even greater positive impact on our environment and reducing the negative effects of climate change,” says EverGen Co-Founder and CEO Chase Edgelow. “Not only does our renewable natural gas platform and this project provide a positive solution and the highest end use for organic waste in the Lower Mainland region, it is also contributing to the use of carbon-neutral renewable fuel sources and captures emissions that would otherwise be released into the environment.”

Renewable Natural Gas is a carbon neutral energy made from decomposing organic waste. It displaces conventional natural gas in existing natural gas lines, thereby reducing the emissions from the natural gas system. Increasing the amount of renewable gas in FortisBC’s system is key to the organization achieving its 30BY30 target – an ambitious goal to reduce its customers’ greenhouse gas emissions by 30 per cent by 2030. FortisBC’s 30BY30 target is among the most ambitious emissions reductions targets in the Canadian utility sector and its' renewable gas targets align with the provincial government's goals in its CleanBC plan.

"Renewable Natural Gas is key to a lower carbon future for BC, capturing methane that would otherwise escape into the atmosphere and repurposing it as carbon neutral energy in our existing natural gas system," explained Scott Gramm, manager of renewable gas supply with FortisBC. "Adding new RNG supply is crucial in lowering provincial emissions and we're happy to welcome EverGen to our list of RNG suppliers who are helping make that possible."

For more information about EverGen, please visit www.evergeninfra.com.

For more information about FortisBC’s RNG program, please visit www.fortisbc.com/RNG.

About EverGen Infrastructure Corp.

EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future, starting on the West Coast. Incorporated in 2020, EverGen is now established to acquire, develop, build, own and operate a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on British Columbia, with continued growth expected across other regions in North America.

Forward-Looking Information

This news release contains forward-looking statements and/or forward-looking information (collectively, “forward looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “would”, “will”, “anticipates”, believes”, “explores” and similar expressions, as they relate to EverGen, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of EverGen with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause EverGen's actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to: the impact of general economic conditions in Canada, including the ongoing COVID19 pandemic; industry conditions including changes in laws and regulations and/or adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, in Canada; volatility of prices for energy commodities; change in demand for clean energy to be offered by EverGen; competition; lack of availability of qualified personnel; obtaining required approvals of regulatory authorities, in Canada; ability to access sufficient capital from internal and external sources; optimization and expansion of organic waste processing facilities and RNG feedstock; the realization of cost savings through synergies and efficiencies expected to be realized from the Company’s completed acquisitions; the sufficiency of EverGen’s liquidity to fund operations and to comply with covenants under its credit facility; continued growth through strategic acquisitions and consolidation opportunities; continued growth of the feedstock opportunity from municipal and commercial sources, many of which are beyond the control of EverGen.

Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such forward looking statements.

The forward-looking statements contained in this release are made as of the date of this release, and except as may be expressly be required by law, EverGen disclaims any intent, obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

EverGen's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits EverGen will derive therefrom.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.

For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.


Contacts

EverGen Investor Contact
Kelly Castledine
416-576-8158
This email address is being protected from spambots. You need JavaScript enabled to view it.

EverGen Media Contact
Katie Reiach
604.614.5283
This email address is being protected from spambots. You need JavaScript enabled to view it.

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced that Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will participate in investor meetings and a fireside chat at the Baird 2021 Global Industrial Virtual Conference on Thursday, November 11, 2021.


The fireside chat is scheduled for 1:00 p.m. Central Time (2:00 p.m. Eastern Time) that same day and will only be available to Baird clients. The presentation will be posted to the Company’s Investor Relations section of its website, www.primoriscorp.com.

About Primoris
Primoris Services Corporation is a leading specialty contractor providing critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services. A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.


Contacts

Brook Wootton
Vice President, Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.

VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--$LPEN--Loop Energy (TSX: LPEN) will host a conference call on Friday, November 12 at 8:00 a.m. PST (11:00 a.m. EST) to share consolidated financial results for the third quarter of 2021.


Registration and dial-in details for the video conference will be released prior to the call, and will also be available via investors.loopenergy.com.

The Company’s past financial results are also available at investors.loopenergy.com.

About Loop Energy Inc.

Loop Energy is a leading designer and manufacturer of fuel cell systems targeted for the electrification of commercial vehicles, including light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop’s products feature the Company’s proprietary eFlow™ technology in the fuel cell stack’s bipolar plates. eFlow™ was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of hydrogen fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflect management’s current expectations and projections regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control and could cause actual results and events to vary materially from those that are disclosed, or implied, by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy and the factors discussed under “Risk Factors” in the Company’s Annual Information Form dated March 30, 2021. Loop disclaims any obligation to update these forward-looking statements.


Contacts

Loop Energy Investor Contact: Darren Ready | Tel: +1.604.222.3400 Ext 302 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Loop Energy Business Contact: George Rubin | Tel: +1.604.828.8185 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Loop Energy EMEA Contact: Luigi Fusi | Tel: +39.028457.3048 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Loop Energy Media Contact: Ethan Hugh | Tel: +1 604.222.3400 Ext 304 | This email address is being protected from spambots. You need JavaScript enabled to view it.

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) fiscal fourth quarter 2021 earnings release, you are invited to listen to its conference call on Thursday, November 18, 2021, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.


What:

Helmerich & Payne, Inc.’s Fiscal Fourth Quarter 2021 Earnings Release. Other material developments may also be discussed.

 

 

 

 

When:

11:00 a.m. ET (10:00 a.m. CT), Thursday, November 18, 2021

 

 

 

 

Via Phone:

Domestic: 800-895-3361

Access Code: Helmerich

 

 

International: 785-424-1062

Access Code: Helmerich

 

 

 

 

Via Internet:

Visit http://www.helmerichpayne.com then click on “Investors” and then click on “News & Events – Event & Presentations” to find the link to the webcast.

 

 

 

 

Questions:

Dave Wilson, This email address is being protected from spambots. You need JavaScript enabled to view it., 918-588-5190

If you are unable to listen during the live webcast, the call will be archived for 365 days on Helmerich & Payne, Inc.’s website, http://www.helmerichpayne.com, under “News & Events – Event & Presentations”, which can be accessed through the “Investors” section of the website.

About Helmerich & Payne, Inc.

Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. For more information, visit www.helmerichpayne.com.

Helmerich & Payne uses its website as a channel of distribution for material company information. Such information is routinely posted and accessible on its investor relations website at www.helmerichpayne.com.


Contacts

Dave Wilson, This email address is being protected from spambots. You need JavaScript enabled to view it., 918-588-5190

DUBLIN--(BUSINESS WIRE)--The "Petroleum Additives - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.


Amid the COVID-19 crisis, the global market for Petroleum Additives estimated at US$22.6 Billion in the year 2020, is projected to reach a revised size of US$29.1 Billion by 2027, growing at a CAGR of 3.6% over the period 2020-2027.

Lubricating Oil Additives, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$17.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fuel Oil Additives segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 6.5% CAGR

The Petroleum Additives market in the U.S. is estimated at US$6.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Select Competitors (Total 133 Featured):

  • Afton Chemical Corp.
  • Baker Hughes Inc.
  • BASF SE
  • Chevron Oronite Company LLC
  • CITGO Petroleum Corp.
  • Eni SpA
  • Ethyl Corp.
  • Evonik Industries AG
  • ExxonMobil Chemical Company
  • Infineum International Ltd.
  • Innospec
  • LANXESS AG
  • Repsol
  • Royal Dutch Shell plc
  • The Lubrizol Corp.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Petroleum Additives Market - A Primer
  • Recent Market Activity
  • Lubricant Additive - The Traditional Revenue Contributor
  • Fuel Additives - The Fastest Growing Market
  • Assessing the Impact of Recent Past Economic Upheavals on Global Petroleum Additives Market
  • Improving Economy Buoys General Market Optimism
  • Concerns Over Rising Air Pollution Drives Spotlight on Petroleum Additives
  • Projected Growth in Industrial Production & Subsequent Rise in Consumption of Industrial Fuel & Lubes to Boost Petroleum Additives Market
  • Outlook - A Mixed Bag of Opportunities & Challenges
  • Strong Growth in Developing Markets to Drive Market Prospects for Petroleum Additives Market
  • Need to Achieve Product Differentiation Driving Additive Consumption among Fuel and Lubricant Suppliers
  • Competition
  • Lubricant Oil Additives - Competition

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Growing Petroleum Refining Activity Drives Market for Petroleum Additives
  • Oil and Energy Demand to Bolster Drilling Fluid Additives Market
  • Fuel Enhancement Properties Driving Refinery Fuel Additives Demand
  • Depleting Availability and Quality of Crude Oil to Drive Demand for Fuel Additives
  • Fuel Additives Market Continues Impressive Growth Streak
  • Projected Rise in Auto Sales & Vehicle Miles Travelled and Parallel Rise in Auto Fuel & Lubricant Consumption to Boost Demand for Additives
  • Directives to Curb Emissions Propel Automotive Aftermarket Fuel Additives Market
  • North America to Maintain Lead
  • Opportunity Indicators
  • Growth in Commercial & Military Aviation Sector & Subsequent Rise in Aviation Fuel & Lubricant Consumption to Boost Market for Petroleum Additives
  • Jet Fuel Additives Market to Post Healthy Growth
  • Marine Fuel Additives: Developed Regions to Remain Key Markets
  • Nano-Additives in Oil Sector: A Brief Overview
  • Increase in Demand for ULSD to Boost Market Prospects for Fuel Additives
  • Specialty Fuel Additives Drives Growth
  • Growing Prominence of Biofuels - A Key Opportunity for Fuel Additives
  • Additives - Critical to Lubricants
  • Healthy Growth of Automobile Sector Impels Lubricant Additives Demand
  • Federal Regulations Governing Fuel Economy to Boost Market Prospects for Lubricant Additives Market
  • Dual Clutch Technology Driving Significant Opportunity for Lubricant Additives
  • Lubricants as Dispersants & Viscosity Index Improvers Dominate Market, While Lubricants as Antioxidants Show Tremendous Growth Prospects
  • Engine Oil Additives - Major Lubricant Additive Segment
  • HDMO & PCMO - Major Applications of Lubricant Additives
  • Industrial Engine Oil Segment Provides Lucrative Opportunities
  • Growing Market for Metalworking Fluids Adds to Growth in Lubricant Additives Market
  • Petroleum Additives as Antioxidants Gains Prominence
  • SONGWON - A Key Antioxidants Producer
  • Prices of Lubricant Additives on an Upward Trend
  • Major Issues Dragging Down Growth in Petroleum Additives Market
  • R&D Efforts & New Product Introductions to Boost Demand

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/nzpp6m


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com