SIMI VALLEY, Calif.--(BUSINESS WIRE)--$AVAV--AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced the company has earned International Organization for Standardization (ISO) 14001 certification for its Environmental Management System.
The international ISO 14001:2015 Environmental Management standard provides an environmental management system framework for companies to help identify, monitor and control their environmental impact, such as resource consumption and waste production.
“AeroVironment’s purpose is to secure lives and advance sustainability through transformative innovation. Earning ISO 14001 certification demonstrates our commitment to advancing sustainable practices,’’ said Kenneth Karklin, AeroVironment senior vice president and chief operating officer. “By developing a formal Environmental Management System that is ISO 14001 certified, we are able to actively measure and closely manage the overall environmental impact of company decisions, placing a greater focus on AeroVironment’s environmental footprint.”
“With a 50-year history of doing more with much less, AeroVironment offers a portfolio of battery-powered small unmanned aircraft and tactical missile systems designed for rapid deployment and small logistical footprint. Employed directly by frontline troops, AeroVironment’s solutions avoid the greenhouse gas emissions produced by conventional internal combustion aircraft, rocket-powered missiles and ground vehicles while delivering the situational awareness and precision that helps their operators Proceed with Certainty,” Mr. Karklin added.
AeroVironment’s ISO 14001:2015 certificate (CERT-013516) took effect February 9, 2021 after a multi-month audit with SAI Global Assurance, a leading global management systems certification body. The certification addresses all of the company’s operations in Ventura County, California as well as its operations in Huntsville, Alabama, Wilmington, Massachusetts and Lawrence, Kansas. The certification complements the AS9100 Revision D (2016), Quality Management System Certification AeroVironment received in 2018.
In line with its founding principles, AeroVironment has become one of the largest electric UAS manufacturers, delivering a suite of zero-emission, energy efficient, battery-powered UAS and tactical missile systems as well as developing stratospheric, solar powered high-altitude pseudo-satellites (HAPS) for global connectivity. These innovative vehicles are designed to deliver valuable new capabilities to their users while also reducing their logistical footprint and environmental impact.
To learn more about AeroVironment’s Environmental Management System and Corporate Social Responsibility program, visit https://www.avinc.com/about/corporate-social-responsibility.
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.
SAFE HARBOR STATEMENT
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Makayla Thomas
AeroVironment, Inc.
+1 (805) 520-8350
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Mark Boyer
For AeroVironment, Inc.
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NEW YORK--(BUSINESS WIRE)--Piedmont Lithium Limited (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL) today announced the pricing of an underwritten public offering of 1.75 million of its American Depositary Shares (“ADSs”), with each ADS representing 100 of its ordinary shares (“Public Offering”), at a price per ADS to the public of $70.00, for aggregate gross proceeds of $122.5 million. Piedmont has granted the underwriters a 30-day option to purchase up to an additional 262,500 ADSs at the issue price of the Public Offering. The Public Offering is expected to close on March 25, 2021, subject to customary closing conditions.
J.P. Morgan, Evercore ISI and Canaccord Genuity are acting as joint book-runners for the Public Offering. BTIG, LLC, B. Riley Securities, Loop Capital Markets, Roth Capital Partners, ThinkEquity, a division of Fordham Financial Management, Inc., Jett Capital Advisors and Tuohy Brothers are acting as co-managers for the Public Offering.
Proceeds from the Public Offering will be used to continue development of the Company’s Piedmont Lithium Project, including definitive feasibility studies, testwork, permitting, further exploration drilling, mineral resource estimate updates and ongoing land consolidation, to fund the previously announced strategic investments in Sayona Mining Limited and Sayona Quebec Inc and other possible strategic initiatives, and for general corporate purposes.
The Public Offering is being made pursuant to an effective shelf registration statement that has been filed with the U.S. Securities and Exchange Commission (the “SEC”). A final prospectus supplement related to the Public Offering will be filed with the SEC and made available on the SEC’s website at http://www.sec.gov and on the ASX website. Copies of the final prospectus supplement, when available, and the accompanying prospectus relating to the Public Offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.; Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at (888) 474-0200 or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.; and Canaccord Genuity LLC, 99 High Street, Suite 1200, Boston, Massachusetts 02110, Attention: Syndicate Department, by telephone at (671) 371-3900 or email at This email address is being protected from spambots. You need JavaScript enabled to view it..
This press release is not an offer or sale of the securities in the United States or in any other jurisdiction where such offer or sale is prohibited, and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act of 1933, as amended.
Forward-Looking Statements
This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In some cases, you can identify forward-looking statements by terms such as “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “design,” “estimate,” “predict,” “potential,” “plan” or the negative of these terms and similar expressions intended to identify forward-looking statements. Piedmont cautions readers that forward-looking statements are based on management’s expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, but not limited to, risks related to whether the Company will close the Public Offering on the expected terms, or at all; the anticipated use of the net proceeds of the Public Offering; the fact that the Company’s management will have broad discretion in the use of the proceeds from any sale of the ADSs; the Company’s operations being further disrupted by, or the Company’s financial results being adversely affected by public health threats, including the novel coronavirus pandemic; the Company’s limited operating history in the lithium industry; the Company’s status as an exploration stage company; the Company’s ability to identify lithium mineralization and achieve commercial lithium mining; mining, exploration and mine construction, if warranted, on the Company’s properties; the Company’s ability to achieve and maintain profitability and to develop positive cash flow from the Company’s mining activities; the Company’s ability to enter into and deliver product under supply agreements; investment risk and operational costs associated with the Company’s exploration activities; the Company’s ability to access capital and the financial markets; recruiting, training and maintaining employees; possible defects in title of the Company’s properties; potential conflicts of interest of the Company’s directors and officers; compliance with government regulations; the Company’s ability to acquire necessary mining licenses, permits or access rights; environmental liabilities and reclamation costs; volatility in lithium prices or demand for lithium; the Company’s ADS price and trading volume volatility; risks relating to the development of an active trading market for the ADSs; ADS holders not having certain shareholder rights; ADS holders not receiving certain distributions; and the Company’s status as a foreign private issuer, including the effects of our proposed redomiciliation from Australia to the United States on such status and subsequent status as a domestic issuer, and emerging growth company. Forward-looking statements reflect its analysis only on their stated date, and Piedmont undertakes no obligation to update or revise these statements except as may be required by law.
About Piedmont
Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class integrated lithium business in the United States, enabling the transition to a net-zero world and the creation of a clean energy economy in America. Our location in the renowned Carolina Tin Spodumene Belt of North Carolina, the cradle of the lithium industry, positions us to be one of the world’s lowest cost producers of lithium hydroxide, and the most strategically located to serve the fast-growing US electric vehicle supply chain. The unique geographic proximity of our resources, production operations and prospective customers places us on the path to be among the most sustainable producers of lithium hydroxide in the world and should allow Piedmont to play a pivotal role in supporting America’s move to the electrification of transportation and energy storage. For more information, visit www.piedmontlithium.com.
Keith Phillips
President & CEO
T: +1 973 809 0505
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Brian Risinger
VP - Investor Relations and Corporate Communications
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WASHINGTON--(BUSINESS WIRE)--#COVID19--Xlear has filed a Pre-Emergency Use Authorization (Pre-EUA) Request with the U.S. Food and Drug Administration (FDA) seeking approval to make claims that the nasal spray is approved for use in preventing SARS-CoV-2 (COVID-19) transmission and infection. The Pre-EUA is a first step in seeking formal authorization of Xlear Nasal Spray as tool to help in combatting COVID-19.
Xlear previously filed a pre-EUA seeking approval for use of the nasal spray as a medical device in combatting COVID-19. However, because the FDA determined that Xlear “works against the virus,” the FDA told Xlear it would need to be considered as a drug or combination product EUA.
“Seeing that the FDA says Xlear works against the virus, we have decided to seek EUA approval as a drug,” said Nathan Jones, Xlear’s CEO.
Xlear’s Pre-EUA Request is based on recent studies showing the nasal spray is:
Xlear is currently sold in over 50,000 pharmacies, grocery stores, and online as a nasal spray. “Xlear doesn’t require the EUA to be sold and used—we only need an EUA to be able to inform people about the benefits of using Xlear to protect themselves from COVID-19. It’s insane. Without the EUA, the Federal Trade Commission won’t let us simply inform people about new, published, independent scientific studies,” Jones added.
“We hope to move forward quickly with FDA to address gaps in current prevention and treatment strategies against SARS-CoV-2. People should be using Xlear as part of a layered defense to prevent getting COVID-19. If everyone used Xlear, in addition to taking other steps recommended by public health officials, we believe we could help the nation defeat COVID-19 faster,” Jones added.
More information on Xlear: https://xlear.com/
Jeff Gulko
617.304.7339
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HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL) (the “Trust”) today announced that its Annual Report on Form 10-K for the year ended December 31, 2020 has been filed with the SEC. The Annual Report on Form 10-K is available in the “SEC Filings” section of the Trust’s website at www.permianvilleroyaltytrust.com, as well as on the SEC’s website at www.sec.gov. Trust unitholders have the ability to request a printed copy of the Annual Report on Form 10-K, which contains the Trust’s audited financial statements, free of charge (via first class mail) by sending a written request to Permianville Royalty Trust, The Bank of New York Mellon Trust Company, N.A., 601 Travis Street, 16th Floor, Houston, TX 77002.
Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
601 Travis Street, 16th Floor
Houston, Texas 77002
Sarah Newell 1 (512) 236-6555
NORMAN, Okla.--(BUSINESS WIRE)--#energymarkets--PCI is pleased to announce its successful completion of the Type 2 Service Organization Controls (SOC) 1 Type II and Service Organization Controls 2 Type II Attestation issued under the American Institute of Certified Public Accounts (AICPA) and Statement on Standards for Attestation Engagements No. 18 (SSAE 18) for 2020.
After a thorough external audit, the SOC reports were prepared and issued by Grant Thornton LLP, one of the world’s leading independent audit, tax and advisory firms. For the evaluation period ending in October 2020, the audit results indicate that PCI’s controls as a cloud service provider are appropriately designed and effectively executed.
These reports provide assurance that PCI’s hosted solutions will meet its customers’ business needs on a best-in-class cloud platform. PCI works globally with a variety of customers including federal and state entities, and strives to comply with industry best practices to deliver secure and reliable software solutions.
PCI follows the National Institute of Standards and Technology Special Publication 800-53r4 (NIST SP 800-53 rev.4) security framework, which provides a catalog of security and privacy controls for U.S. information systems.
Additionally, PCI’s controls are designed to be effectively executed while the firm’s Business Continuity Plan is in effect. During the COVID-19 pandemic, PCI has managed physical access to limit the spread of infections and continues to effectively execute its controls, as evident in its 2020 SOC reports.
“Providing secure and reliable software services by following industry compliance standards for cyber and physical security is our top priority,” said Buck Feng, Chief Technology Officer at PCI.
About Power Costs, Inc. (PCI)
PCI is the leading provider of energy trading software, superior customer support, and value-added services for energy companies worldwide. Founded in 1992, PCI continues to refine and develop new solutions that meet the ever-evolving needs of its clients which include investor-owned, municipal, and cooperative utilities, renewable energy companies, energy marketers and traders, as well as independent power producers. PCI optimizes more than half the power generated in North America and more than 60% of Fortune 500 Utilities in the U.S. are PCI customers. To learn more, please visit www.powercosts.com.
Stuart Wright
Power Costs, Inc. (PCI)
303-917-3565
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BEIJING--(BUSINESS WIRE)--From expanding the use of reusable energy and desert greening to setting a concrete target for China's CO2 emission peak, the country is making its "green development" drive crystal clear as it tops Beijing's next five-year plan.
In east China's Fujian Province, where Chinese President Xi Jinping had spent over 17 years, locals are cashing in on tea plantations.
On Monday, President Xi revisited the area during a four-day inspection tour. He inspected an ecological tea garden in Xingcun Township in Nanping City, in the first tour after the adoption of the 14th Five-Year Plan (2021-2025) for national economic and social development and the long-range objectives through the year 2035.
Agricultural talents sent to villages for rural revitalization
Thanks to the advice given by agricultural talents sent to villages, rapeseed is now growing alongside tea plants in an effective strategy to increase soil fertility while ensuring the preservation of biodiversity and the entire ecological chain.
Agricultural talents, also called "technological commissioners," was an idea introduced by the then governor to Fujian Province in a 2002 article, which called for bonding officials and farmers. In the article, Xi pointed out that it's "beneficial" to "explore innovative working mechanisms in villages."
In October 2019, Xi again stressed the importance of "technology commissioners" to the country's realization of rural revitalization at a summary meeting on the 20 years' implementation of the technology commissioner system in Beijing.
To understand local efforts in ecological protection from a broader view, President Xi on Monday visited an intelligent management center at the Wuyishan National Park.
He also visited a park dedicated to Zhu Xi, a well-known Chinese philosopher and educator in the Southern Song Dynasty (1127-1279). The president learned about the inheritance of traditional Chinese culture.
https://news.cgtn.com/news/2021-03-22/Xi-Jinping-inspects-east-China-s-Fujian--YQuJrziZMI/index.html
Media:
Jiang Simin
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+86 18826553286
OSLO, Norway--(BUSINESS WIRE)--#Energy--The Open Group, the global vendor neutral technology group that enables the achievement of business objectives through technology standards, today announced the OSDU Data Platform Mercury release. Developed by The Open Group OSDU Forum, the OSDU Data Platform is an Open Source, standards based and technology agnostic data platform for the energy industry. This platform stimulates innovation, industrializes data management, and reduces time to market for new solutions.
Cognite is a member of the OSDU Forum and has committed that our industrial data platform, Cognite Data Fusion (CDF), will integrate with the OSDU Data Platform and be aligned to the OSDU Technical Standard when it is published. Cognite has been involved in the OSDU Data Platform development from its early days, leading the Mercury R3 testing workstream where the role is to make sure that OSDU Data Platform implementations are consistent and interoperable across different platforms and cloud vendors to ensure interoperability.
Both Cognite and the OSDU Forum are committed to an open standards-based ecosystem and to reducing silos to help enable secure access to reliable, global subsurface data for better decision making to help transform the energy industry.
“Cognite was founded to liberate siloed data across industrial value chains and making it available for customers through open and standardized interfaces so that they can move from being limited by data access, to actually using the data to optimize and see results in real time,” said Dr. John Markus Lervik, CEO and co-founder of Cognite.
Cognite Data Fusion, Cognite’s industrial DataOps platform, accelerates implementation of OSDU Data Platform components from data ingestion to actual end user insights. Cognite Data Fusion APIs will be consistent with the standards defined by the forthcoming OSDU Technical Standard. In addition, Cognite Data Fusion provides added value by enabling full contextualization of the data definitions defined by the OSDU Forum within the full upstream data environment. Cognite has also developed functionality and products focusing on domain experts, enabling them to easily query data from OSDU Data Platform and use it for day to day decision making.
About Cognite
Cognite is a global industrial software-as-a-service (SaaS) company supporting the full-scale digital data driven transformation of heavy-asset industries around the world. Our core product, Cognite Data Fusion (CDF), is an industrial data operations and contextualization platform, putting raw data into real-world industrial context, enabling rapid application & solution creation at scale. CDF powers companies with contextualized OT/IT/ET data to develop solutions that increase safety, sustainability, efficiency, and drive revenue. Visit us at www.cognite.com and follow us on Twitter @CogniteData or at LinkedIn: https://www.linkedin.com/company/cognitedata
Michelle Holford
Global PR Lead, Cognite
+1 (512) 744-3420 (US)
+47 482 90 454 (Norway)
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HOUSTON & SANDNES, Norway--(BUSINESS WIRE)--Baker Hughes (NYSE:BKR) and Horisont Energi AS (EURONEXT:HRGI) have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage (CCTS). This agreement further reinforces Baker Hughes’ and Horisont Energi’s own commitments to decarbonizing the energy industry.
Horisont Energi's Polaris offshore carbon storage facility is part of its “Barents Blue” project, which is the first global and full-scale carbon neutral “blue” ammonia production plant. The Polaris project is expected to have a total carbon storage capacity in excess of 100 million tons, which is equivalent to twice Norway’s annual greenhouse gas emissions. Currently at the concept phase, the facility is expected to enter the construction phase in the second half of 2022. As part of its overall goals, Polaris aims to have the lowest carbon storage cost globally, paving the way for profitable CCTS facilities that are not reliant on government support schemes.
“The global carbon technology market is emerging for carbon storage and utilization,” said Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi. “With Baker Hughes, we will scale solutions across the carbon value chain to accelerate the decarbonization of the energy industry. Our complementary competencies allow for a strategic partnership for scalable, energy-efficient and flexible technology solutions.”
“Baker Hughes has a broad and established portfolio of CCTS technology and proven expertise in executing some of the North Sea’s most complex offshore projects,” said Uwem Ukpong, executive vice president of regions, alliances and enterprise sales at Baker Hughes. “We are proud to be partnering with Horisont Energi for new energy frontiers, taking the Polaris carbon storage project from concept to reality.”
In addition to collaborating for the Polaris offshore carbon storage facility, Baker Hughes and Horisont Energi will also work together to develop processes and technologies across the carbon capture value chain, including:
About Horisont Energi:
Horisont Energi (EURONEXT:HRGI) is a Norwegian carbon tech start-up focusing on carbon sequestration and production of carbon neutral hydrogen and ammonia. The company is developing production plants for these products ashore with the carbon sequestration infrastructure on the Norwegian continental shelf. The company is also commercializing carbon sequestration for the European market.
About Baker Hughes:
Baker Hughes (NYSE: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Investor Relations
For Baker Hughes:
Jud Bailey
+1 281-809-9088
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For Horisont Energi:
Dan Jarle Flølo (CFO)
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Media Relations
For Baker Hughes:
Kelly Russell
+1 713 548 4176
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For Horisont Energi:
Marianne Stigset
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DUBLIN--(BUSINESS WIRE)--The "Global Water and Gas Valves Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the water and gas valves market and it is poised to grow by $7.44 billion during 2021-2025, progressing at a CAGR of 5% during the forecast period.
The report on water and gas valves market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the expansion of oil terminals and increasing investments in water and wastewater treatment plants.
The water and gas valves market analysis include end-user segment and type segment, geographical landscapes. This study identifies the environmental regulations as one of the prime reasons driving the water and gas valves market growth during the next few years.
Companies Mentioned
The report on water and gas valves market covers the following areas:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5. Market Segmentation by End-user
6. Market Segmentation by Type
7. Customer landscape
8. Geographic Landscape
9. Vendor Landscape
10. Vendor Analysis
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/abi7a4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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PARIS--(BUSINESS WIRE)--Newly-published research from Cleantech Group®, the global authority on clean technology innovation, with the support of Breakthrough Energy, found the EU’s venture capital investment into cleantech from 2011-2020 grew by a remarkable 7.5x to more than EUR 5 billion in 2020.
But research also discovered progress is concentrated on early-stage development and lacks scale-up investment and policy support. The EU attracted 23% of global cleantech seed-stage funding in 2020, but only 7% of global cleantech growth equity funding (compared to 54% for North America). The EU risks missing key climate targets by failing to scale clean technologies and letting promising innovators scale in North America and Asia instead.
Cleantech for Europe is a new initiative launched by Cleantech Group®, with the support of Breakthrough Energy, to help the EU lead the global clean transformation through targeted research and recommendations on EU cleantech investment and policy. The initiative connects EU policy makers to entrepreneurs and investors.
Its first position paper, published today, Making Fit for 55 a green demand shock to scale EU cleantech, analyses the EU cleantech landscape. It advocates for leveraging the EU’s upcoming Fit for 55 regulatory package to create leadership in five key innovation sectors: green hydrogen, green steel, low-carbon construction materials, sustainable aviation and soil carbon. The paper makes the case for a green demand shock that would pull EU innovators to continental scale and maximize climate impact.
“The EU’s climate future is at a crossroads. Deploying mature technologies such as solar and wind can only take us halfway. To lead the race to net zero, and gain a competitive advantage for decades, the EU needs a green demand shock to scale early-stage clean technologies” said Jules Besnainou, Director, Cleantech Group.
“With the forthcoming ‘Fit for 55’ package, the EU will update almost all of its energy and climate legislation, changing the policy framework for a long time to come. With investment cycles averaging 25 years, what happens in 2050 is essentially being decided today. The stakes couldn’t be higher as only a new generation of clean technologies can lead Europe towards climate neutrality. That is why this study sheds light on persistent challenges in the European innovation ecosystem that urgently need to be addressed – from lack of growth equity and weak demand signals for green products to poor exit routes for successful entrepreneurs” said Ann Mettler, Vice President, Europe, Breakthrough Energy.
Link to research: https://www.cleantechforeurope.com/
About Cleantech Group
At Cleantech Group, we provide research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. We bring clients access to the trends, companies and people shaping the future and the customized advice and support businesses need to engage external innovation. Industries are undergoing definitive transitions toward a more digitized, de-carbonized and resource-efficient industrial future. At every stage from initial strategy to final deals, our services bring corporate change makers, investors, governments and stakeholders from across the ecosystem, the support they need to thrive in this fast-arriving and uncertain future.
The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.
About Breakthrough Energy
Founded by Bill Gates, Breakthrough Energy is dedicated to helping humanity avoid a climate disaster. Through investment vehicles, philanthropic programs, policy advocacy, and other activities, we’re committed to scaling the technologies we need to reach net-zero emissions by 2050. For more information about Breakthrough Energy visit breakthroughenergy.org.
Jules Besnainou
Director, Cleantech Group
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+33 6 23 12 00 08
DUBLIN--(BUSINESS WIRE)--The "The Gas Industry in West Africa 2020" report has been added to ResearchAndMarkets.com's offering.
This report on the gas industry in West Africa focuses on the downstream activities of preparation, processing and production of gases in gasworks, and the production of gas by the carbonation of coal or by mixing manufactured gas with natural gas or petroleum or other gases and distribution via tankers and/or pipelines and gas cylinders.
It includes comprehensive information on the state and size of the sector in various countries, developments and corporate actions and influencing factors. There are profiles of 10 companies operating in the region including the major multinational players such as Royal Dutch Shell, Total and Exxon Mobil, and local players such as the Nigerian National Petroleum Corporation and the Ghana National Petroleum Corporation.
The Gas Industry in West Africa:
Nigeria is the leading gas producer in West Africa and has 99% of the region's total proved resources. The biggest recent find of natural gas in the region was on the maritime border of Senegal and Mauritania. The sector is dominated by international oil companies that include Royal Dutch Shell, Total, BP and Oryx Energies which are involved in upstream and downstream activities.
Survival Strategies:
The coronavirus outbreak and low oil prices forced operators to employ survival strategies such as halting non-essential activities, adopting forced leave or layoff strategies, slowing output, expanding storage capacities, refining sales and purchase agreements, and using hedging instruments to market their crude oil. Commentators said that coronavirus will necessitate a reassessment of project development plans, many of which carry operating costs incompatible with a low oil price. Some major players have reduced their investment in exploration and production projects by 25% in 2020.
Nigeria:
Despite its sizeable gas reserves, gas supply interruptions to thermal power stations are leading to power supply interruptions in Nigeria. The gas supply problem results from the inadequacy and inefficiency of investments in critical domestic gas infrastructure, exacerbated by years of regulatory uncertainty in the domestic gas market. Seven gas projects aimed at overcoming a looming gas supply gap have been fast tracked.
Key Topics Covered:
1. Introduction
2. Region Information
3. Description of the Industry
3.1. Industry Value Chain
3.2. Geographic Position
4. Size of the Industry
5. State of the Industry
5.1. Region
5.1.1. Trade
5.1.2. Corporate Actions
5.1.3. Regulations
5.2. Continental
5.3. International
6. Influencing Factors
6.1. Economic Environment
6.2. Input Costs
6.3. Technology, Research and Development (R&D) and Innovation
6.4. Labour
6.5. Gas for Electricity Generation
6.6. Environmental Concerns
7. Competition
7.1. Barriers to Entry
8. SWOT Analysis
9. Outlook
10. Industry Associations
11. References
11.1. Publications
11.2. Websites
Appendix
For more information about this report visit https://www.researchandmarkets.com/r/y7nzp1
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Digital Transformation Market in The Oil and Gas Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
Digital Transformation Market in The Oil and Gas Industry is expected to register CAGR of 10% during 2021 - 2026.
Companies Mentioned
Key Market Trends
Downstream Sector is Expected to Witness Major Market Share
Asia-Pacific to account for a significant share
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Need to Implement Disruptive Technologies to Optimize Operations & Increase Safety
4.2.2 Regulatory Requirements
4.3 Market Restraints
4.3.1 Volatile Oil Price Situation
4.3.2 Stagnant Industrial Growth in Developed Countries
4.4 Value Chain Analysis
4.5 Porters 5 Force Analysis
4.6 Assessment of Impact of Covid-19 on the Industry
5 MARKET SEGMENTATION
5.1 Enabling Technologies
5.2 Sensor
5.3 Geography
5.3.1 North America
5.3.1.1 US
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 UK
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Rest of Asia Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.5 Middle East and Africa
5.3.5.1 UAE
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Investment Analysis
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/mwwlwd
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Grid software firm confirms that natural gas outages in the recent ERCOT energy crisis caused more issues than wind, but wind could have done more
BOULDER, Colo.--(BUSINESS WIRE)--Vibrant Clean Energy, LLC (a grid software firm) released today a self-funded white paper on Winter Storm Uri and its impacts on the ERCOT electricity grid. The white paper confirms that natural gas had the highest outage rate of all generation types; in excess of 25,000 MW at peak for several days. Despite recent reports that wind was a cause of issues, the VCE® report counters this. Rather, showing that wind actually over performed compared with expectations. There were a few time periods where wind underperformed, but that only lasted a few hours at a time.
The white paper indicates that with much better winterization the wind generation in ERCOT could have been substantially more. This could have created over $5 billion in revenue for wind generators and reduced the blackout total MW shed and duration for many customers.
The white paper goes on to show that high-voltage direct current (HVDC) connections to MISO and SPP could have provided between 500 and 650 GWh of additional wind generation across the blackout period. Simultaneously, the HVDC lines could have provided support to MISO and SPP earlier in the winter storm. These transmission lines would cost approximately $2.4 billion to construct and would allow ERCOT to combine forces with two large grids that could help diversify its portfolio.
Dr. Chris Clack, CEO of Vibrant Clean Energy, says that “the ERCOT crisis was weather induced, but with more planning for extreme events, something that will become more frequent in the future, the grid could have performed much better and interconnecting with other regions makes sense for numerous regions, not least the diversification of resources and demands.” He added that “winterization of wind, and other technologies, should become commonplace because the cost of doing so is almost always cheaper than the consequence of not.”
Finally, the white paper studied a hypothetical future high renewable ERCOT grid. It shows that the variability of wind and solar would still persist in the future, but the modeling added 40,000 MW of storage to the grid at the same time. That storage would have covered all of the blackout requirements with room to spare. Interconnections to other regions were also developed in the future scenario. These also assist with balancing the system across a wide range of extreme weather phenomena.
The white paper relied on publicly available data as much as possible. It also used the VCE created weather datasets to study the possibilities for interconnection, winterization and how deep the winter storm intruded on the ERCOT grid. VCE are releasing the data used in the report to aid transparency and further study by others.
Clack added “There is much more to study from the ERCOT energy crisis from this winter storm, and VCE is proud to contribute to the understanding of what happened. We hope that we can study this event and possible future possible events with collaborators to prevent such issues occurring again.”
About Vibrant Clean Energy: A nationally recognized energy grid modeling firm based in Boulder, Colorado, VCE® creates computer optimization software to study pathways for energy systems futures. It also performs studies using WIS:dom® to provide expertise in new arenas of electrification, decarbonization and variable resources. The mission of VCE is to help facilitate universal, sustainable, and cheap energy for everyone. www.VibrantCleanEnergy.com
Chris Clack (CEO Vibrant Clean Energy LLC), This email address is being protected from spambots. You need JavaScript enabled to view it.
Stonepeak Infrastructure Partners, a leading independent investment firm with a long history of supporting critical North American infrastructure investment, signed a MOU to commit $600 million for the project’s construction equity to launch the project’s multi-billion dollar funding needs
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Northwest Advanced Bio-Fuels, LLC (NWABF), a renewable bio-jet fuel refineries developer, with the recent execution of a Memorandum of Understanding, (“MOU”), has made major progress toward securing a strategic long-term investment into its Sustainable Aviation Fuel (“SAF”) project in Washington State (the “Project”) from Stonepeak Infrastructure Partners (“Stonepeak”), an independent investment firm specializing in North American infrastructure.
The potential $600 million investment from Stonepeak, arranged by Morgan Stanley & Co. LLC as placement agent, may be made through SP Holdings LLC, or another fund or entity managed by Stonepeak. SP Holdings, LLC, is the sole member of the general partner of Evolve Transition Infrastructure LP (NYSE American: SNMP), a publicly-traded limited partnership formed in 2005 focused on the acquisition, development and ownership of infrastructure critical to the transition of energy supply to lower carbon sources. Once finalized, the investment would help finance the largest announced SAF/renewable biofuels project using cellulosic feedstock in the world.
This announcement is a major milestone for the SAF industry and airlines to progress commitments to achieving carbon neutrality and combating climate change in the aviation sector.
The Project has an attractive, long-term 60+ million gallon per year off-take agreement, which is one of the largest airline off-take agreements of its kind to purchase SAF. As originally announced with Delta Air Lines in January 2020, and as affirmed in March 2021, NWABF is a key partner to help Delta achieve zero-impact aviation.
This potential investment would be used to partially fund the construction of the Project and repay prior development, design and engineering stage costs. The Project’s production and supply of 60+ million gallons of sustainable aviation fuel annually is before considering expansion capability.
Funding for this initial NWABF project would support the company’s long-term goal of developing a sector leading sustainable aviation fuel growth platform able to capitalize on further follow-on opportunities in this important and critical energy transition asset class. NWABF is seeking to become a leader in SAF by growing additional projects in the renewable fuels space. The execution of the MOU with Stonepeak validates our team, vision and growth potential as a critical link in the global energy transition to reduce emissions.
“We are excited that a leading infrastructure investment firm sees the potential and the promise of the SAF Industry as well as future potential projects by our team, who have been vital to getting this Project to this point,” said Dave Smoot, Founder and Manager of the Northwest Advanced Bio-Fuels Project. “We have strived to establish a workable platform to use for future opportunities, which the NWABF team will continue to lead.”
Stonepeak has a significant history of investing in high quality, critical infrastructure projects both in the U.S. and globally, with a particular focus on building long-term strategic partnerships. In recent years, Stonepeak has invested significant capital behind the energy transition mega-trend, including in SP Holdings, LLC, the privately held sole member of the general partner of Evolve Transition Infrastructure (NYSE American: SNMP), a publicly-traded limited partnership formed in 2005 focused on the acquisition, development and ownership of infrastructure critical to the transition of energy supply to lower carbon sources, as well as projects across the renewables, lower carbon power generation, and LNG sectors.
Sustainable Aviation Fuel and Project background
SAF is an alternative to fossil fuel and can reduce emissions by up to 80 percent during its full lifecycle. Examples include bio-fuels and synthetic fuels.
In 2019, Delta Air Lines invested $2 million to collaborate with Northwest Advanced Bio-Fuels to study the financial feasibility of a biofuel production facility that produces sustainable aviation fuel and other biofuel products.
In 2020, NWABF announced the selection of Black & Veatch, the global engineering, procurement and construction firm, to spearhead the project as its EPC of record. And future prospects are promising - Bloomberg News reports that more widespread use of jet biofuels is expected in the coming years.
The long-term goal for NWABF is to profitably produce sustainable aviation fuel for future airline use mandated by foreign and domestic governmental agencies, while bringing jobs and opportunities to the production facility’s state, local cities and towns.
About Northwest Advanced Bio-Fuels, LLC
Northwest Advanced Bio-Fuels, LLC, NWABF, is developing 2nd-generation cellulosic renewable bio-jet fuel refineries with the first project being developed in the Pacific Northwest. NWABF has assembled a world-class team of expert engineering companies, bio-fuels experts and 2ND generation technology companies to handle front-end gasification, syngas cleaning and treatment, back-end Fischer-Tropsch fuel conversion, and lastly, fuel upgrading to premium renewable SAF. https://www.nwabiofuels.com.
About Stonepeak Partners
Stonepeak Infrastructure Partners is an infrastructure-focused private equity firm headquartered in New York with over $31 billion of assets under management (as of February 2021). Stonepeak invests in long-lived, hard-asset businesses and projects that provide essential services to customers, and seeks to actively partner with high-quality management teams, facilitate operational improvements, and provide capital for growth initiatives.
https://stonepeakpartners.com/
About Delta Airlines
From being the first and only U.S. airline to voluntarily cap greenhouse gas emissions at 2012 levels to last year’s commitment to be the first carbon-neutral airline globally, Delta has a longstanding commitment to sustainable air travel. Delta was the No. 1 airline named among America’s Most Sustainable Companies by Barron’s in 2020, the only U.S. airline included in the 2021 S&P Sustainability Yearbook and has received the Vision for America Award by Keep America Beautiful and Captain Planet Foundation's Superhero Corporate Award. Delta has also earned a spot on the FTSE4Good Index for six consecutive years and the Dow Jones Sustainability North America Index for ten consecutive years. For more information, visit Delta.com/sustainability.
Northwest Advanced Bio-Fuels, LLC
Dave Smoot, Founder and Manager
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Stonepeak Infrastructure Partners
Sard Verbinnen & Co
Ben Spicehandler / Julie Rudnick
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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today that it intends to offer $1.5 billion aggregate principal amount of senior secured notes due September 2026 (the “Notes”) in a private offering, subject to market and other conditions.
Subject to certain exceptions and thresholds, the Notes will be guaranteed on a senior secured basis by each domestic subsidiary and foreign subsidiary that is a wholly-owned restricted subsidiary of the Company that is a guarantor under its existing senior secured notes. The Notes will be secured by substantially the same collateral as the Company’s existing first lien obligations under its existing senior secured notes.
The Company intends to use a portion of the net proceeds from this offering to fund the cash consideration for its previously announced acquisition of Golar LNG Partners L.P. and pay related fees and expenses. The Company intends to use any remaining proceeds from this offering for general corporate purposes, including making investments in developing projects. The Notes will be subject to a special mandatory redemption.
The Notes and the guarantees thereof will be offered in the United States to qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside of the United States under Regulation S under the Securities Act. The Notes and the guarantees thereof will not be registered under the Securities Act or any state securities laws, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About New Fortress Energy Inc.
New Fortress Energy is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.
Cautionary Language Regarding Forward-Looking Statements
This press release contains forward-looking statements, including but not limited to statements regarding the consummation of the offering or the Company’s anticipated use of the net proceeds from the offering. All statements contained in this press release other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “targets,” “potential” or “continue” or the negative of these terms or other comparable terminology. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Actual events or results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors.
All forward-looking statements speak only as of the date on which it is made. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in our annual, quarterly and other reports we file with the SEC. We undertake no duty to update these forward-looking statements, even though our situation may change in the future. Furthermore, we cannot guarantee future results, events, levels of activity, performance, projections or achievements.
IR:
Alan Andreini
(212) 798-6128
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Joshua Kane
(516) 268-7455
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Media:
Jake Suski
(516) 268-7403
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WASHINGTON--(BUSINESS WIRE)--#AmericanCompetitiveness--Consumer Energy Alliance, the leading voice for sensible energy and environmental policies for families and businesses, joined other national stakeholders in a letter to the House Committee on Transportation and Infrastructure appealing for balanced policies to ensure the country can build the critical energy, transportation, water and other infrastructure needed to generate jobs, accelerate the post-COVID economic recovery and bolster American competitiveness.
CEA and 17 groups representing a cross-section of businesses, industries, and consumers signed the letter to Committee Chairman Peter DeFazio and Ranking Member Sam Graves:
“(W)e write you today to show our commitment to finding common ground and helping address many of the important challenges we must overcome to get our country moving as it continues to recover from the economic impacts of COVID-19. We stand ready to work with you to develop the vital infrastructure we need, help streamline vital priorities and ensure water resources are effectively managed while maintaining protections for the environment.”
“Despite the hopeful and unifying tone set at the Inauguration, we are concerned about ongoing regulatory delays and excessive red tape that are hindering recovery efforts needed to rebuild crumbling infrastructure. Ultimately, this will stall America’s footing in a globally competitive marketplace. Such uncertainty could further erode our ability to build new clean energy and transportation projects and grow America’s workforce.”
The letter raises concern about the “specter of revisiting the sweeping regulatory scope of the Waters of the U.S. Rule” by altering U.S. Army Corps of Engineers rules, as well as the “negative economic ripple effect” the cancellation of energy pipelines has caused.
“Other existing projects already in the ground and operating face the risk of additional shutdowns that could cause further chaos for fuel and electricity markets nationally, and price uncertainty for our manufacturers. As we just witnessed with the impact of severe weather on the Texas energy market, the country should not limit the energy being delivered to homes and businesses.”
Please click here for the letter.
Signers:
Association of Oil Pipe Lines
Consumer Energy Alliance
Colorado Farm Bureau
Energy Equipment and Infrastructure Alliance
Florida Chamber of Commerce
Florida Hispanic Chamber of Commerce
Hispanic Policy Group
Indiana Chamber of Commerce
Kentucky Chamber of Commerce
Kentucky Oil and Gas Association
Michigan Chamber of Commerce
Natural Gas Supply Association
New Mexico Cattle Growers Association
New Mexico Chamber of Commerce
New Mexico Farm and Livestock Bureau
New Mexico Wool Growers Association
North Carolina Chamber of Commerce
Ohio Chamber of Commerce
About Consumer Energy Alliance
Consumer Energy Alliance (CEA) is the leading voice for sensible energy and environmental policies for consumers, bringing together families, farmers, small businesses, distributors, producers, and manufacturers to support America's environmentally sustainable energy future. With more than 550,000 members nationwide, we are committed to leading the nation’s dialogue around energy, its critical role in the economy, and how it supports the vital supply chains families and businesses depend on.
Bryson Hull
P: 202-657-2855
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DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending March 31, 2021 on May 4, 2021, before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on May 4, 2021 at 4:00 p.m. Eastern time to discuss financial results.
This webcast may be accessed at:
https://event.on24.com/wcc/r/3079844/D06584BC4076CF9EE6D14C88ED60E588
An audio archive of this webcast will be available using the above noted link through May 18, 2021.
About Holly Energy Partners, L.P.:
Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries. The Partnership, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude gathering pipelines, tankage and terminals in Texas, New Mexico, Washington, Idaho, Oklahoma, Utah, Nevada, Wyoming and Kansas as well as refinery processing units in Kansas and Utah.
Holly Energy Partners, L.P.
Craig Biery, 214-954-6511
Vice President, Investor Relations
or
Trey Schonter, 214-954-6511
Investor Relations
Employee Theft Video Offers Real World Demonstration of Solution’s Breakthrough Detection Capabilities
Footage Shows Thruvision System Detecting Stolen Items Metal Detectors Cannot -- While Maintaining COVID Safe Distance of Over 10 Feet
ASHBURN, Va. & OXFORD, England--(BUSINESS WIRE)--Thruvision, a provider of next generation people screening solutions, and a leader within the distribution center and fulfillment center loss prevention sector, today released a video that shows an actual distribution center theft being prevented by Thruvision’s stand-off, safe-distance loss prevention technology.
The video, taken by a leading global retailer is the actual CCTV footage of a distribution center worker being screened with Thruvision’s passive terahertz technology. Using the Thruvision system, the retailer’s security personnel detect concealed items under the employee’s clothing. The entire screening process is done at a distance of approximately 10 feet, thereby maintaining health and safety all of staff. In addition, the video demonstrates the Thruvision system can detect non-metallics items, in this case apparel, that cannot be detected by a metal detector.
“This video is a powerful, real-world demonstration of why distribution centers and fulfillment centers are increasingly turning to Thruvision to protect high-value, easy-to-conceal items,” commented Colin Evans, Thruvision’s CEO. Evans continued, “Thousands of employees are now being safely and non-intrusively screened by top retailers and logistics firms with Thruvision technology because it can detect all types of items – not just metallics.”
Based on patented technology, Thruvision’s solution allows customers to screen for metallic and non-metallic items concealed under a person’s clothing at distances up to 10 feet. By eliminating the need for physical pat-downs of employees, the Thruvision system reduces health and safety risks due to COVID-19 by providing screening at a distance that exceeds CDC guidelines. The Thruvision system emits no radiation; instead, it detects when a concealed object is blocking a person’s natural heat energy. It accurately shows the size, shape and location of a concealed object, regardless of the material, without revealing any information about the person’s gender or anatomy. A growing number of firms have deployed Thruvision for employee screening and loss prevention applications, including Los Angeles International Airport (LAX), Seattle Tacoma International Airport (SEA), LaGuardia Airport (LGA) SONY, CEVA Logistics and Fanatics.
About Thruvision
Addressing the urgent need for “safe distance” people security screening in the COVID era, Thruvision is uniquely capable of detecting metallic and non-metallic items including weapons, explosives and contraband items that are hidden under clothing, at distances between 10 and 25 feet. Using patented passive terahertz technology, Thruvision completely removes the need for physical “pat-downs” and has been vetted and approved by the US Transportation Security Administration for surface transportation. Operationally deployed in 20 countries around the world, Thruvision is used for aviation security, retail supply chain loss prevention, customs and border control, and public area security. The company has offices in Washington DC, and Oxford, UK. To schedule a demonstration or for more information, please visit www.thruvision.com.
Thruvision sales: Kevin Gramer at +1 540 878 4844 or This email address is being protected from spambots. You need JavaScript enabled to view it.
Follow Thruvision on LinkedIn
Media inquiries: Andrew Goldsmith: This email address is being protected from spambots. You need JavaScript enabled to view it. / agxmarketing.com
DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE: HFC) (the "Company") plans to announce results for its quarter ending March 31, 2021 on May 5, 2021, before the opening of trading on the NYSE. The Company has scheduled a webcast conference on May 5, 2021 at 8:30 a.m. Eastern time to discuss financial results.
This webcast may be accessed at:
https://event.on24.com/wcc/r/3081846/EF98CFA2BFD7FDCC6F3E486A1640262F
An audio archive of this webcast will be available using the above noted link through May 19, 2021.
About HollyFrontier Corporation:
HollyFrontier Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HollyFrontier owns and operates refineries located in Kansas, Oklahoma, New Mexico, and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. In addition, HollyFrontier produces base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and exports products to more than 80 countries. HollyFrontier also owns a 57% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries.
HollyFrontier Corporation
Craig Biery, 214-954-6510
Vice President, Investor Relations
or
Trey Schonter, 214-954-6510
Investor Relations
SAN ANTONIO, Texas--(BUSINESS WIRE)--Valero Energy Corporation (NYSE:VLO) (“Valero”) announced today that it will host a conference call on April 22, 2021 at 10:00 a.m. ET to discuss first quarter 2021 earnings results, which will be released earlier that day, and provide an update on company operations.
Persons interested in listening to the conference call may log on to Valero’s Investor Relations website at www.investorvalero.com.
About Valero
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 13 ethanol plants with a combined production capacity of approximately 1.69 billion gallons per year. The petroleum refineries are located in the United States (“U.S.”), Canada and the United Kingdom (“U.K.”), and the ethanol plants are located in the Mid-Continent region of the U.S. Valero is also a joint venture partner in Diamond Green Diesel, which owns and operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel is North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names. Please visit www.investorvalero.com for more information.
Valero Contacts
Investors:
Homer Bhullar, Vice President – Investor Relations, 210-345-1982
Eric Herbort, Senior Manager – Investor Relations, 210-345-3331
Gautam Srivastava, Senior Manager – Investor Relations, 210-345-3992
Media:
Lillian Riojas, Executive Director – Media Relations and Communications, 210-345-5002
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