Business Wire News

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors declared the final semi-annual cash dividend of $0.20 per share of Class A common stock, and a cash distribution of $0.20 per Class B unit payable on March 1, 2022 to shareholders of record as of February 14, 2022.


We believe our first semi-annual dividend installment of $0.08 per share paid last September to be secure and sustainable with oil prices at less than half their current levels. The final dividend payment of $0.20 per share is based on our actual full-year 2021 financial results, recast using $55 for oil and $2.75 for natural gas, and which approximates our long-term view of product prices. The dividend was included as part of Magnolia’s total cash return to shareholders and done in an environment where we also reduced our fully diluted share count by 10 percent and completed some small bolt-on, accretive oil and gas property acquisitions.

Our dividend framework is aligned with the characteristics of our business model and reinforces our plan,” said Steve Chazen, Magnolia’s Chairman, President and CEO. “These principles include maintaining our low leverage, limiting our capital spending to allow for consistent and sizable free cash flow generation while providing moderate volume growth and strong pre-tax margins. Part of Magnolia’s total shareholder return proposition is a differentiated approach toward dividends that is meant to appeal to long-term investors who seek dividend safety, dividend growth, and a dividend that is paid out of actual earnings generated by the business. We expect each of these regular dividend payments to grow annually as we continue to execute our business plan which includes mid-single digit annual production growth and the reduction of our outstanding shares.”

About Magnolia Oil & Gas

Magnolia is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders through steady production growth, strong pre-tax margins, and free cash flow. For more information, visit www.magnoliaoilgas.com.


Contacts

Brian Corales
713-842-9036
This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "On Demand Product: 2022 China Natural Gas Map (Beijing, Tianjin & Hebei) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 2331+ natural gas project in China's Beijing, Tianjin and Hebei region, including franchised city gas zones, gas pipelines, key distribution stations, LNG receiving terminals, LNG plants, LNG regasification stations, CNG plants, key power users, key chemical users, underground gas storage, coal-based SNG projects, gas fields, coal be methane recovery zones.

Map Details

  • Map Size: 150 x 200 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 1220 gas flow arrows appear alongside main pipelines in the map;
  • Super large size (150x200cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added into the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 513+ franchised city gas zones
  • 497+ gas pipelines
  • 860+ key natural gas distribution stations
  • 9+ LNG receiving terminals
  • 32+ LNG plants
  • 203+ LNG regasification stations
  • 87+ CNG plants
  • 51+ key power users
  • 10+ key chemical users
  • 25+ underground gas storage
  • 12+ coal-based SNG projects
  • 19+ gas fields
  • 13+ coal bed methane recovery zones

Tables in this Map

  • Beijing, Tianjin & Hebei's Franchised City Gas Zones Table introduces the region's franchised territories, superior prefecture city, status, company;
  • Beijing, Tianjin & Hebei's Gas Pipelines Table introduces the region's main gas pipelines by project name, main area, status, company;
  • Beijing, Tianjin & Hebei's LNG Plants, Terminals, Satellite Stations Table introduces each LNG projects by project name, province, city, status and company;
  • Beijing, Tianjin & Hebei's CNG Plants Table introduces each CNG projects by project name, province, city, status, company;
  • Beijing, Tianjin & Hebei's Main Power/Chemical Users Table introduces each gas power/chemical projects by name, province, city, status and company.

This map provides the following sample views:

  • Map Overview
  • Amplified View
  • Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/sgzdaf


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

DUBLIN--(BUSINESS WIRE)--The "On Demand Product: 2022 China Natural Gas Map (Fujian) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 400+ natural gas project in China's Fujian province, including franchised city gas zones, gas pipelines, key distribution stations, LNG Satellite Stations, LNG receiving terminals, CNG plants, key power users, key gas chemical users;

Map Details

  • Map Size: 150 x 190 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • The map introduces the latest status of 400+ natural gas project in China's Fujian province, including franchised city gas zones, gas pipelines, key distribution stations, LNG Satellite Stations, LNG receiving terminals, CNG plants, key power users, key gas chemical users;
  • Over 185 gas flow arrows appear alongside main pipelines in the map;
  • Super large size (150x190cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added into the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 109+ franchised city gas zones
  • 50+ gas pipelines
  • 105+ key distribution stations
  • 5+ LNG receiving terminals
  • 116+ LNG satellite stations
  • 5+ CNG plants
  • 9+ key gas power users
  • 1+ key gas chemical users

This map provides the following sample views:

  • Map Overview
  • Amplified View
  • Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/665yrp


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

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 World LNG Map Analyst Edition" map has been added to ResearchAndMarkets.com's offering


The map represents the latest status and project type (land-based or offshore) of 142+ world-class LNG plants and 300+ LNG import terminals (the exact project number is subject to the date your map is tailor-made);

Please Note:

  • Map Size: 300 x 150 cm
  • Map Language: English
  • Shipping Format: Rolled
  • Statistics Update: 2022

Map Features

  1. Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  2. Super large size (300x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  3. 18 inset maps help to further amplify the most key areas and enable readers to view the exact project locations as well as the different trains for some LNG plants;
  4. Subscriber's company name will be added to the map, right below the map's name title.

Inset Maps

  1. Canada: Skeena-Queen Charlotte, BC
  2. Canada: Kitimat, BC
  3. USA: Brownsville Shipping Channel
  4. USA: Coastal New Orleans and Pascagoula
  5. USA: Calcasieu and Port Arthur Shipping Channels
  6. Algeria: Arzew Port
  7. Qatar: Ras Laffan Industrial City
  8. Malaysia: Bintulu Port
  9. China: Central & South Bohai Sea
  10. China: Yangtze River Delta Region
  11. China: Eastern Guangdong Province
  12. China: East Pearl River Delta
  13. China: West Pearl River Delta
  14. Japan: North Kyushu
  15. Japan: Seto Inland Sea
  16. Japan: Osaka Bay
  17. Japan: Ise Bay
  18. Japan: Tokyo Bay

Industry Statistics Tables

  1. World LNG Plants Table introduces each project's name, location (continent, nation), status, and consortium participants;
  2. World LNG Import Terminals Table introduces each project's name, location (continent, nation), status, and consortium participants;
  3. 2001-2020 World LNG Export and Import Database Table introduces annual LNG export and import volume for world's 50 regions/nations;
  4. 2001-2020 World Natural Gas Reserves by Major Nations introduces world's annual natural gas reserves figures by 70 regions/nations;
  5. 2001-2020 World Natural Gas Production by Major Nations introduces world's annual natural gas production figures by 70 regions/nations;
  6. 2001-2020 World Natural Gas Consumption by Major Nations introduces world's annual natural gas consumption figures by 70 regions/nations;
  7. 2001-2020 World Natural Gas Prices introduces Each year's data include Japan's LNG import price (CIF), Average German import price (CIF), UK Heren NBP Index price, US Henry Hub price, Canada Alberta price.

Map Samples

  1. Map Overview
  2. Amplified View
  3. Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/5p6fgg


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

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors raised the Company’s share repurchase authorization by an additional 10 million shares of Class A common stock. Including this additional authority, Magnolia currently has approximately 15.8 million shares available for repurchase under the authorization which pertains only to open market purchases for shares of Class A common stock. Any purchases by Magnolia of Class B units from EnerVest are approved separately by Magnolia’s board with these units cancelled upon execution.


During 2021, Magnolia reduced its total diluted shares outstanding by 25.3 million shares resulting in a 10 percent decrease to our fully diluted share count. This was accomplished through a combination of open market share repurchases and direct transactions with EnerVest as shown in the table below.

Together with the initiation of a dividend payment and our share reduction efforts, Magnolia returned $358 million to its shareholders last year or approximately 65 percent of our full-year 2021 free cash flow,” said Steve Chazen, Magnolia’s Chairman, President and CEO. “Magnolia’s total shareholder return proposition includes allocating a portion of our free cash flow toward the payment of a secure and growing dividend, as well as actions that improve our per share metrics such as small bolt-on, accretive oil and gas property acquisitions, and share repurchases. The increase in the share repurchase authorization is aligned with our plan to repurchase at least 1 percent of our outstanding shares per quarter.”

Magnolia - Reduction to 2021 Diluted Shares (MM of Shares)
Transactions with EnerVest

16.6

Open Market Share Repurchases

8.7

Total 2021 Share Reduction

25.3

 
Total Diluted Shares Outstanding By Share Class (MM of Shares at 12/31/21)
Class A Common Stock (Incl. 19 MM shares held by EnerVest)

181

Class B Common Stock (All held by EnerVest)

49

Total Diluted Shares Outstanding (Incl. 68 MM Class A & Class B shares held by EnerVest)

230

 

About Magnolia Oil & Gas

Magnolia is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders through steady production growth, strong pre-tax margins, and free cash flow. For more information, visit www.magnoliaoilgas.com.


Contacts

Brian Corales
713-842-9036
This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China LNG Plants & Terminals Map Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 487+ LNG Plants and 95+ Receiving Terminals in China (the exact project number is subject to the date your map is tailor-made);

Map Description

  • Map Size: 250x150cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  1. Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  2. Super large size (250x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  3. 3 inset maps help to further amplify key project areas;
  4. Subscriber's company name will be added into the map, right below the map's name title.

Industry Statistics Tables

  1. Table of China's LNG Plants introduces each recorded project's name, province, city, status, company;
  2. Table of China's LNG Receiving Terminals introduces each project's name, province, city, status, company;
  3. China's Natural Gas Balance Sheet Table: China's total natural gas available for consumption (output, imports, exports, stock changes in the year); total consumption (by main industry sectors) and balance. LNG data is included since 2010;
  4. China's Natural Gas Consumption by Industries: China's natural gas consumption figures by 51 industry sectors.
  5. China's Gas Production by Major Oil Companies since 2001: Each year's data include China's natural gas production figures by major oil companies;
  6. China's Gas Production by Provinces since 2001: Each year's data include China's natural gas production figures by provinces, approximately 33 columns;
  7. China's Natural Gas Supply in Cities by Provinces since 2001: Each year's data include China's natural gas supply figures in cities by provinces, approximately 33 columns;
  8. China's Natural Gas Gasified City Population by Provinces since 2001: Each year's data include China's population gasified by natural gas in cities by provinces, approximately 33 columns;
  9. World LNG Export and Import Database Table;

Inset Maps

  1. LNG Plants in Ordos, Inner Mongolia
  2. LNG Plants in North Shaanxi Province
  3. LNG Plants in Shanxi Province

Map Samples

  1. Map Overview
  2. Amplified View
  3. Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/yucwv7


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

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China Natural Gas Map (Guizhou) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 575+ natural gas project in China's Guizhou province, including franchised city gas zones, gas pipelines, key distribution stations, LNG plants, LNG Satellite Stations, CNG plants, key power users, key chemical users, Shale Gas E&P Projects, Coal Gas Methanation Plants.

Map Details

  • Map Size: 200 x 150 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 310 gas flow arrows appear alongside main pipelines in the map;
  • Super large size (200x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added into the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 118+ franchised city gas zones
  • 112+ gas pipelines
  • 185+ key distribution stations
  • 7+ Conventional Gas Fields
  • 25+ Shale Gas E&P Projects
  • 3+ Coal Gas Methanation Plants
  • 15+ LNG plants
  • 102+ LNG satellite stations
  • 6+ CNG plants
  • 1+ key gas power users
  • 1+ key gas chemical users

This map provides the following sample views:

  • Map Overview
  • Amplified View
  • Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/v3hpsc


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

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China Natural Gas Map (Shanxi) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 1232+ natural gas projects in China's Shanxi province, including franchised city gas zones, gas pipelines, key distribution stations, coal gas methanation plants, CBM blocks/E&P, LNG plants, LNG Satellite Stations, CNG plants, key gas power users.

Map Details:

  • Map Size: 150 x 250 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 801 gas flow arrows appear alongside main pipelines on the map;
  • Super large size (150x250cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added to the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 184+ franchised city gas zones
  • 297+ gas pipelines
  • 489+ key distribution stations
  • 25+ coal gas methanation plants
  • 64+ LNG plants
  • 18+ LNG satellite stations
  • 48+ CNG plants
  • 92+ CBM blocks/E&P projects
  • 1+ coal to gas project
  • 14+ key gas power users

Tables in this Map

  • Shanxi Province's Franchised City Gas Zones Table introduces each franchised territories, superior prefecture city, status, company;
  • Shanxi Province's Gas Pipelines Table introduces each main gas pipeline by project name, main area, status and company;
  • Shanxi Province's LNG Terminals, Plants, Satellite Stations Table introduces each LNG project by name, city, status and company;
  • Shanxi Province's CNG Plants Table introduces each CNG project by project name, city, status and company;
  • Shanxi Province's Main Gas Power Users Table introduces each gas power project by project name, city, status and company.

For more information about this map visit https://www.researchandmarkets.com/r/7aitcn


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

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China Natural Gas Map (Guangxi) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 483+ natural gas project in China's Guangxi Zhuang Autonomous region, including franchised city gas zones, gas pipelines, key distribution stations, LNG receiving terminals, LNG plants, LNG Satellite Stations, CNG plants, key power users, key chemical users, Upstream Fields.

Map Details

  • Map Size: 200 x 150 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 312 gas flow arrows appear alongside main pipelines in the map;
  • Super large size (200x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added into the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 112+ franchised city gas zones
  • 90+ gas pipelines
  • 126+ key distribution stations
  • 3+ LNG receiving terminals
  • 3+ LNG plants
  • 105+ LNG satellite stations
  • 10+ CNG plants
  • 15+ key gas power users
  • 1+ key gas chemical users
  • 18+ upstream fields

Tables

This map provides the following sample views:

  • Map Overview
  • Amplified View
  • Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/ti5bw5


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

Over 1.2 million customer service lines to be surveyed

SAN FRANCISCO--(BUSINESS WIRE)--As part of PG&E’s ongoing commitment to provide customers with safe, reliable natural gas service, the company conducts comprehensive surveys of its gas distribution pipeline system. This year, PG&E will survey 1.2 million customer service lines, customer gas meters, and corresponding distribution pipeline.


PG&E’s leak survey program covers the entire extended 42,000-mile distribution system on a three-year cycle under the company’s accelerated inspection program, compared to the five-year cycle that is mandated by law. Distribution lines carry natural gas from the high-pressure transmission pipelines into communities at a reduced pressure. These lines feed service lines that connect directly to natural gas meters. PG&E also surveys its entire high-pressure transmission pipeline system twice per year.

“Over the course of this year, our crews will cover thousands of miles as they carefully survey the system. They will be equipped with technologies that are so precise, we are able to detect even the smallest molecule of methane. This proactive assessment is part of our comprehensive commitment to operate a safe, reliable, and environmentally focused system that provides customers with natural gas 365 days a year,” said Joe Forline, PG&E Gas Operations Senior Vice President. PG&E will utilize two methods to conduct these inspections, mobile patrols and traditional foot patrols.

Mobile patrols utilize state-of-the-art vehicle-mounted Picarro Surveyor™. This highly sensitive leak detection technology measures methane plumes in the air, maps the location, and prioritizes the leak by its grade within PG&E’s system. To conduct inspections utilizing this method, a vehicle equipped with the methane sensors drives through a neighborhood measuring the air and methane in parts per billion, allowing the sensors to identify and pinpoint the exact location of the methane source.

Traditional on-foot patrols conducted by PG&E personnel and contractors use advanced hand-held methane detection devices. This year, PG&E has deployed new hand-held leak detection devices that surveyors will use when they inspect service lines and customer meters. For gas meters that are in inaccessible areas, customers will be asked to provide access. Access to inspect all meters is critical to the safe operation of PG&E’s gas system. When these inspections are being conducted, customers will see PG&E employees or contractors, and both will have company-issued identification badges which they will present upon customer request. PG&E contractors will not be operating PG&E-marked vehicles, and customers can ask to see identification to confirm their identity.

When leaks are identified on gas distribution systems, utilities including PG&E, they are assigned a grade based on a national scale. If leaks are assigned as “grade one,” PG&E will make immediate repairs. As part of its ongoing efforts to curb emissions from its system, PG&E also prioritizes repairs for the highest emitting leaks.

What Customers Should Know

  • PG&E will conduct foot or mobile patrols in each area, or a combination of both.
  • Foot patrols will be conducted during the hours of 6:00 AM and 4:00 PM.
  • Picarro™ mobile surveys will be conducted during the hours of 8:00 PM and 8:00 AM. These surveys will be conducted using PG&E-marked vehicles.
  • PG&E employees or their contractors will carry company-issued identification and will be prepared to share it upon request.
  • Customers may also call PG&E Customer Service at 800-743-5000 to confirm the identity of a PG&E gas representative.
  • For grade one leaks, PG&E will dispatch construction crews to make immediate repairs. This work may occur during evening hours and result in minor service interruptions while repairs are completed and the area is made safe.
  • Customers can find more information about leak surveys here and general gas safety information here.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.


Contacts

MEDIA RELATIONS:
415-973-5930

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China Natural Gas Map (Guangdong) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 1024+ natural gas project in China's Guangdong province, including franchised city gas zones, gas pipelines, key distribution stations, LNG receiving terminals, LNG plants, LNG Satellite Stations, CNG plants, key power users, key chemical users, conventional gas fields/blocks.

Map Details

  • Map Size: 200 x 150 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 524gas flow arrows appear alongside main pipelines in the map;
  • Super large size (200x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added into the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 172+ franchised city gas zones
  • 239+ gas pipelines
  • 260+ key distribution stations
  • 6+ conventional gas fields/blocks
  • 20+ LNG receiving terminals
  • 4+ LNG plants
  • 204+ LNG satellite stations
  • 6+ CNG plants
  • 107+ key gas power users
  • 6+ key gas chemical users

This map provides the following sample views:

  • Map Overview
  • Amplified View
  • Amplified Map Legend

For more information about this map visit https://www.researchandmarkets.com/r/rwsxzy


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

DUBLIN--(BUSINESS WIRE)--The "Global Oil & Gas Pipeline Leak Detection Market" report has been added to ResearchAndMarkets.com's offering.


The Global Oil & Gas Pipeline Leak Detection Market was valued at $2401.32 million in 2020 and is anticipated to grow with a CAGR of 10.21% to reach the value of $4390.43 million by 2026.

Companies Mentioned

  • Honeywell International, Inc.
  • Atmos International Inc.
  • Siemens AG
  • FLIR Systems Inc.
  • Schneider Electric SA
  • Bridger Photonics Inc.
  • ClampOn AS, Pentair PLC
  • Pure Technologies Ltd.
  • Ttk-Leak Detection System
  • Yokogawa Electric Corporation

Growing energy requirements, rising offshore & onshore exploration activities in the oil & gas industry, and increasing investments by oil & gas market players to prevent gas leakage are the primary factors driving the growth of the Global Oil & Gas Pipeline Leak Detection Market in the forecast period.

Rising incidences of leakages in pipelines can lead to huge loss of lives and monetary losses, making the market players adopt safety measures during oil & gas exploration activities. The imposition of new guidelines by the Pipeline & Hazardous Materials Safety Administration (PHMSA) for the market players and system operators to maintain the pipeline structure to lower the risk of leakage is expected to fuel the adoption of leak detection systems all over the globe.

Ongoing construction of new pipelines and up-gradation of existing systems is accelerating the adoption of new technologies and equipment to lower the risk while oil & gas exploration activities. Leak detection systems are being actively installed in aging pipeline structures as they exhibit higher chances of leakage, corrosion and therefore need continuous monitoring. However, fluctuations in crude oil prices and difficulty obtaining permission to set up new pipeline projects may hinder the growth of the Global Oil & Gas Pipeline Leak Detection Market in the forecast period.

The Global Oil & Gas Pipeline Leak Detection Market is segmented on the basis of type, internal v/s external, internal leak detection method, external leak detection method, application, end-use, competitional landscape, and regional distribution. Based on the application, the market is bifurcated into onshore and offshore. The onshore segment is expected to hold the largest market share in the forecast period, 2022-2026. Availability of a large number of oil & gas reserves, high demand for natural gas, and the rapid adoption of advanced technologies by the market players are expected to drive the growth of the onshore segment in the forecast period.

Objective of the Study:

  • To analyze the historical growth in the market size of the Global Oil & Gas Pipeline Leak Detection Market from 2016 to 2020.
  • To estimate and forecast the market size of the Global Oil & Gas Pipeline Leak Detection Market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast the Global Oil & Gas Pipeline Leak Detection Market based on of type, internal v/s external, internal leak detection method, external leak detection method, application, end-use, competitional landscape, and regional distribution.
  • To identify the dominant region or segment in the Global Oil & Gas Pipeline Leak Detection Market.
  • To identify drivers and challenges for the Global Oil & Gas Pipeline Leak Detection Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Oil & Gas Pipeline Leak Detection Market.
  • To identify and analyze the profiles of leading players operating in the Global Oil & Gas Pipeline Leak Detection Market.
  • To identify key sustainable strategies adopted by the market players in the Global Oil & Gas Pipeline Leak Detection Market.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Oil & Gas Pipeline Leak Detection Market

5. Voice of Customer

5.1. Brand Satisfaction Level

5.2. Major challenges faced by leak detection system providers

5.3. Major factors responsible for leakage in oil & gas pipeline

5.4. Major techniques used for leak detection in oil & gas pipelines

6. Global Oil & Gas Pipeline Leak Detection Market Outlook

7. North America Oil & Gas Pipeline Leak Detection Market Outlook

8. Asia-Pacific Oil & Gas Pipeline Leak Detection Market Outlook

9. Europe Oil & Gas Pipeline Leak Detection Market Outlook

10. South America Oil & Gas Pipeline Leak Detection Market Outlook

11. Middle East & Africa Oil & Gas Pipeline Leak Detection Market Outlook

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles

15. Strategic Recommendations

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


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

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China Natural Gas Map (Shandong) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 1,738+ natural gas project in China's Shandong province, including franchised city gas zones, gas pipelines, key distribution stations, conventional gas fields/blocks, LNG plants, LNG Satellite Stations, LNG receiving terminals, CNG plants, key power users, key gas chemical users, shale gas E&P projects, underground gas storages, coal gas methanation plants.

Map Details

  • Map Size: 250 x 150 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 1,121 gas flow arrows appear alongside main pipelines in the map;
  • Super large size (250x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added to the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)

  • 314+ franchised city gas zones
  • 438+ gas pipelines
  • 621+ key distribution stations
  • 76+ conventional gas fields/blocks
  • 18+ shale gas E&P projects
  • 2+ underground gas storages
  • 11+ coal gas methanation plants
  • 10+ LNG receiving terminals
  • 27+ LNG plants
  • 110+ LNG satellite stations
  • 66+ CNG plants
  • 33+ key gas power users
  • 12+ key gas chemical users

Tables in this Map

  • Shandong Province's Franchised City Gas Zones Table introduces each franchised territories, superior prefecture city, status, company;
  • Shandong Province's Gas Pipelines Table introduces each main gas pipeline by project name, main area, status and company;
  • Shandong Province's LNG Terminals, Plants, Satellite Stations Table introduces each LNG project by name, province, city, status and company;
  • Shandong Province's CNG Plants Table introduces each CNG project by project name, province, city, status and company;
  • Shandong Province's Main Gas Power Users Table introduces each gas power project by project name, province, city, status and company.

For more information about this map visit https://www.researchandmarkets.com/r/fq8a4v


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

  • Subject to the completion of a proposed qualifying transaction and receipt of, amongst other things, applicable regulatory and stock exchange approvals, the entity resulting from the transaction, which is anticipated to be named Largo Physical Vanadium Corp. (“LPV”), will invest and hold substantially all of its assets in physical vanadium products and provide direct investment exposure to vanadium, a new-economy commodity aligned with the green energy transition with use cases that include vanadium redox flow batteries (“VRFB”) and green steel applications.
  • Upon completion of the proposed qualifying transaction, LPV’s physical vanadium holdings would be used, in part, in long duration VRFBs. As vanadium electrolyte does not degrade when used in VRFBs, the batteries will act as secure safe-keeping for LPV’s physical vanadium holdings. Storing vanadium in VRFBs would provide the opportunity of generating rental revenue to offset part of the administrative costs of LPV.
  • LPV’s expected use of vanadium in VRFBs will be aligned with environmental, social, and governance (“ESG”) principles, and is expected to enhance VRFBs’ market competitiveness regardless of the vanadium price, further driving demand for VRFBs and the global clean energy transition through increased renewable energy integration.
  • LPV presents an opportunity for Largo to monetize its vanadium used in its VRFBs in addition to the revenue it expects to recognize from the sale of VCHARGE battery components to prospective customers. The substantial benefit of LPV to Largo is expected to arrive following the sale additional VCHARGE batteries to prospective VRFB customers.

TORONTO--(BUSINESS WIRE)--$LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce details surrounding Largo Physical Vanadium Corp., currently a holding company, and a proposed qualifying transaction pursuant to the policies of the TSX Venture Exchange with Column Capital Corp. (the “CPC”), a capital pool company, the terms of which are set out in a non-binding letter of intent dated February 1, 2022 (the “LOI”). Upon completion of the proposed qualifying transaction and associated regulatory approvals and subsequent financing, it is anticipated that the resulting entity will be named “Largo Physical Vanadium Corp.” and will become a publicly listed physical vanadium holding company that will purchase and hold physical vanadium, amongst other things, for use in Largo’s VCHARGE batteries to power the global energy transition.


Upon completion of the proposed qualifying transaction (see details below), the objective of LPV will be to provide a secure, exchange-traded investment alternative for investors interested in direct investment exposure to vanadium. Vanadium is a new-economy material with a constructive ESG alignment through its use in electrolyte solution in long duration VRFBs. VRFBs are rechargeable flow batteries that employ vanadium ions in electrolyte to store chemical potential energy. With its entirely unique chemical characteristics, vanadium electrolyte is 100% reusable with no degradation, which allows unlimited use in long duration energy storage systems with zero risk of thermal runaway in its aqueous electrolyte form.

Paulo Misk, President and CEO of Largo, stated: “LPV represents a substantial opportunity to advance Largo’s long duration energy storage strategy which could make the adoption of vanadium redox flow batteries more attractive to prospective customers by segregating the ownership of the physical vanadium and removing the cost of vanadium to the battery customer, which is by far the largest cost component of these batteries. We believe this value proposition has the potential to drive future demand for our VCHARGE products going forward and create a mutually beneficial relationship between Largo, LPV, and prospective VRFB customers.”

He continued: “Demand for long duration energy storage is fast-growing as governments and large organizations push for net zero goals. According to the Long Duration Energy Storage Council, long duration energy storage will have to be scaled up to ~400x present day levels to 85–140 TWh by 2040 and 10% of all electricity generated would need to be stored in long duration energy at some point.i VRFBs have emerged as a preferred long duration renewable energy storage system for safe and continuous energy storage over a 20+ year life cycle with zero degradation. Driven by investor interest in direct investment exposure to physical vanadium, LPV is expected to provide an opportunity to drive demand for long duration VRFB systems and offer a low-cost solution to potential VRFB customers through the continuation of a vanadium electrolyte leasing model, minimizing CAPEX requirements.”

He concluded: “Lastly, it is our belief that LPV presents an opportunity for Largo to expand beyond its proposed production capacity in Wilmington of 1.4GWh per year through the expected acquisition of additional vanadium units by LPV in the open market for potential use in VCHARGE batteries. The strength of our global vanadium brand will be instrumental as we look to finalize the required work needed to form LPV and develop its objective during what we believe is the start of a bull market for vanadium.”

J. Alberto Arias, Co-Chair of the Board of Directors stated: “LPV, together with the completion of the proposed qualifying transaction, represents an important strategic move for Largo, as it combines two widely accepted concepts in the commodity markets in an innovative way: i) the concept of a publicly traded instrument holding a physical commodity and ii) the concept of “metal leasing” for industrial applications to reduce the input costs of commodities that do not degrade during its use. While the success of this strategy will also be contingent, amongst other things, on sufficient investor interest and Largo’s ability to market and sell its VRFBs, we believe that both concepts combined and applied for the first time to VRFBs would help solve the historical challenge of how to secure vanadium supply at an affordable and stable basis. LPV’s ownership of vanadium units will create the potential to i) materially reduce the total cost of Largo's VRFBs for its customers and isolate them from periods of potential vanadium price volatility, ii) provide investors with a new vehicle to invest in physical vanadium, which we expect to be largely stored in Largo’s VRFBs, and iii) allow Largo to monetize the vanadium inventory that it had intended to hold on its balance sheet and rent to its VRFB customers.”

Mr. Arias concluded “We are excited for the opportunity this strategy presents to offer an attractive cost proposal to our potential VRFB customers using the unique characteristics of vanadium and Largo’s leading position as a low-cost primary vanadium producer in the Americas (Brazil) as well as its unique position as the only vertically-integrated VRFB manufacturer in the US.”

Terms of the Proposed Qualifying Transaction

On February 1, 2022, LPV entered into the LOI with the CPC. The LOI outlines the general terms and conditions pursuant to which LPV and the CPC expect to effect a business combination that will result in the CPC acquiring all of the issued and outstanding securities of LPV in exchange for securities of the CPC, resulting in a reverse-takeover of LPV by the CPC. Pursuant to the terms of the LOI, LPV and the CPC will negotiate in respect of a definitive agreement and other transaction documentation, incorporating the principal terms of the LOI. Upon completion of the proposed qualifying transaction, the CPC will have acquired 100% ownership of LPV and the business of LPV will become the business of the entity resulting from the proposed qualifying transaction. The final structure for the proposed qualifying transaction is subject to satisfactory tax, corporate and securities law advice on the part of both LPV and the CPC. There is no assurance that the proposed qualifying transaction will be consummated or will be consummated on the terms set out in the LOI.

Completion of the proposed qualifying transaction is subject to a number of conditions including, but not limited to, the completion of the Largo Contribution In-Kind (defined below), receipt of applicable regulatory and stock exchange approvals and the execution of the definitive agreement and related transaction documents. For a full description of conditions to the completion of the proposed qualifying transaction, please refer to the CPC’s press release dated February 2, 2022.

Largo Contribution In-Kind

As a condition to closing of the proposed qualifying transaction, Largo will exchange vanadium equivalent products to LPV in exchange for common shares of LPV, on terms and conditions that will be determined in the context of the market (the “Largo Contribution In-Kind”). The size of the Largo Contribution In-Kind and applicable price will be based on the availability of material and will take other market related factors into consideration at the time.

In addition, LPV will enter into an agreement with Largo for a right of first refusal over any non-committed commercial vanadium equivalent products from January to October of any fiscal year from Largo.

About Largo

Largo has a long and successful history as one of the world’s preferred vanadium companies through the supply of its VPURETM and VPURE+TM products, which are sourced from one of the world's highest-grade vanadium deposits at the Company's Maracás Menchen Mine in Brazil. Following the acquisition of vanadium redox flow battery technology in 2020, Largo is undergoing a strategic transformation to vertically integrate its world-class vanadium products with its VCHARGE vanadium battery technology to support the planet's on-going transition to renewable energy and a low carbon future. Largo’s VCHARGE batteries are uniquely capable of supporting reliability and grid stability as electricity systems move away from fossil-fuel generation. VCHARGE batteries are cost effective due to a variety of innovations, enabling an efficient, safe and ESG-aligned long duration solution that is fully recyclable at the end of its 25+ year lifespan.

Largo’s common shares trade on the Nasdaq Stock Market and on the Toronto Stock Exchange under the symbol "LGO". For more information, please visit www.largoinc.com.

Forward-looking Information:

This press release contains forward-looking information under securities legislation, some of which may be considered "financial outlook" for the purposes of applicable securities legislation ("forward-looking statements"). Forward‐looking information in this press release includes, but is not limited to, statements with respect to general market and economic conditions, our ability to build, finance and operate a VRFB business, our ability to protect and develop our technology, our ability to maintain our IP, our ability to market and sell our VCHARGE± battery system on specification and at a competitive price, the willingness of VRFB customers to lease vanadium in purchased VRFBs, our ability to secure the required production resources to build our VCHARGE± battery system, and the adoption of VRFB technology generally in the market. Forward‐looking information in this press release also includes, but is not limited to, statements with respect to the ability of LPV to attract investors, the desire of investors to invest in physical vanadium and to have LPV own physical vanadium stored in VRFBs, the ability to satisfy the conditions to completion of the proposed qualifying transaction, completion and terms of the proposed qualifying transaction, the strategy of LPV, the intention to effect certain corporate changes in connection with the proposed qualifying transaction (including without limitation a change of name), the Largo Contribution In-Kind, the advisory services to be provided by SCP, and the competitive advantage provided to Largo VRFBs by virtue of LPV’s anticipated business strategy. Forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Largo to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Largo and in its public documents filed on www.sedar.com and www.sec.gov from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Largo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Largo's annual and interim MD&As which also apply.

Trademarks are owned by Largo Inc.


i Net-zero power: Long duration energy storage for a renewable grid | LDES Council, McKinsey & Company, 2021


Contacts

Investor Relations
Alex Guthrie
Senior Manager, External Relations
+1.416.861.9778
This email address is being protected from spambots. You need JavaScript enabled to view it.

DUBLIN--(BUSINESS WIRE)--The "On-Demand Product: 2022 China Natural Gas Map (Yunnan) Analyst Edition" map has been added to ResearchAndMarkets.com's offering.


The map introduces the latest status of 593+ natural gas projects in China's Yunnan province, including franchised city gas zones, gas pipelines, key distribution stations, LNG plants, LNG Satellite Stations, CNG plants, key power users, key gas chemical users, shale gas E&P projects, underground gas storages, conventional gas fields/blocks, coal gas methanation plants.

Map Details:

  • Map Size: 150 x 175 cm
  • Map Language: English
  • Shipping Format: Rolled

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Over 246 gas flow arrows appear alongside main pipelines on the map;
  • Super large size (150x175cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added to the map, right below the map's name title.

Projects in this Map (the exact project number is subject to the date your map is tailor-made)158+ franchised city gas zones

  • 113+ gas pipelines
  • 180+ key distribution stations
  • 1+ shale gas E&P projects
  • 1+ conventional gas fields/blocks
  • 1+ underground gas storages
  • 4+ coal gas methanation plants
  • 19+ LNG plants
  • 98+ LNG satellite stations
  • 14+ CNG plants
  • 2+ key gas power users
  • 2+ key gas chemical users

Tables in this Map

  • Yunnan Province's Franchised City Gas Zones Table introduces each franchised territories, superior prefecture city, status, company;
  • Yunnan Province's Gas Pipelines Table introduces each main gas pipeline by project name, main area, status and company;
  • Yunnan Province's LNG Terminals, Plants, Satellite Stations Table introduces each LNG project by name, province, city, status and company;
  • Yunnan Province's CNG Plants Table introduces each CNG project by project name, province, city, status and company;
  • Yunnan Province's Main Gas Power Users Table introduces each gas power project by project name, province, city, status and company.

For more information about this map visit https://www.researchandmarkets.com/r/hbko12


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

MILWAUKEE--(BUSINESS WIRE)--Zurn Water Solutions Corporation (NYSE: ZWS) announced today that its Board of Directors declared a quarterly common stock dividend of $0.03 per share payable in cash on March 7, 2022 to stockholders of record as of February 18, 2022.


About Zurn Water Solutions

Headquartered in Milwaukee, Wisconsin, Zurn is a growth-oriented, pure-play water business that designs, procures, manufactures, and markets what we believe is the broadest sustainable product portfolio of solutions to improve health, human safety and the environment. The Zurn Water Solutions product portfolio includes professional grade water control and safety, water distribution and drainage, finish plumbing, hygienic and environmental, and site works products for public and private spaces. Additional information about the Company can be found at www.zurnwatersolutions.com.

Forward-Looking Statements

Information in this release may involve outlook, expectations, beliefs, plans, intentions, strategies or other statements regarding the future, which are forward-looking statements. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Zurn Water Solutions Corporation as of the date of the release, and Zurn Water Solutions Corporation assumes no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance, and actual results could differ materially from current expectations. Numerous factors could cause or contribute to such differences. Please refer to “Risk Factors” and “Cautionary Notice Regarding Forward-Looking Statements” in the Company’s Form 10-K for the transition period ended December 31, 2020 as well as the Company’s annual, quarterly and current reports filed on Forms 10-K, 10-Q and 8-K from time to time with the SEC for a further discussion of the factors and risks associated with the business.


Contacts

Investor Contact:
Dave Pauli
Vice President – Investor Relations
414-223-7770

Media Contact:
Angela Hersil
Director, Corporate Communications
855-480-5050
This email address is being protected from spambots. You need JavaScript enabled to view it.

PITTSBURGH--(BUSINESS WIRE)--#carboncapture--EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum (including its affiliate MPLX), Mitsubishi Power, Shell Polymers and U. S. Steel have formed a new alliance that will play an important leadership role in decarbonizing the industrial base in the Northern Appalachian Region of the United States.

The alliance will work with stakeholders on a shared vision for a low-carbon and hydrogen industrial hub in Ohio, Pennsylvania and West Virginia that can be a national model for sustainable energy and production systems. Effective implementation of this industrial hub and its associated infrastructure development could generate thousands of new jobs, protect current jobs, and help achieve significant reductions in carbon dioxide emissions.

The hub concept will include a focus on carbon capture, utilization & storage (CCUS), as well as hydrogen production and utilization. This large-scale, regional approach will require new levels of public-private partnerships across borders and sectors. The alliance is working to establish a collaborative network to directly engage industry, labor, universities, communities, government, research institutions, non-profit organizations and other groups in these efforts.

The Northern Appalachian Region brings tremendous assets, from world-class universities and national laboratories to deep-rooted industrial capabilities, with key strengths in manufacturing, materials, and energy. All of this is supported by the region’s highly skilled and experienced work force, as well as a strong and growing startup ecosystem. This industry-led alliance and network brings the knowledge, scale and relationships to make this transformative opportunity a reality.

As this alliance engages key stakeholders in the coming weeks, participants will work on defining the vision and plans for a regional CCUS/hydrogen hub that can drive economic resurgence and technical innovation, secure industrial jobs, and attract new companies and investments to the region. The alliance is being facilitated by IN-2-Market, a regional non-profit organization that will coordinate alliance activities and engagement with regional stakeholders.

COMPANY INFORMATION AND REMARKS:

EQT Corporation: EQT Corporation (NYSE: EQT) is a leading independent natural gas production company with operations focused in the cores of the Marcellus and Utica Shales in the Appalachian Basin. We are dedicated to responsibly developing our world-class asset base and being the operator of choice for our stakeholders. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy. We have a long-standing commitment to the safety of our employees, contractors, and communities, and to the reduction of our overall environmental footprint. Our values are evident in the way we operate and in how we interact each day – trust, teamwork, heart, and evolution are at the center of all we do. To learn more, visit eqt.com.

“We look forward to working with other industry leaders to support the development of one or multiple low-carbon energy hubs in North Appalachia,” said Rob Wingo, EQT Corporation’s Executive Vice President, Corporate Ventures. “Our region has an abundant source of low-cost, low emissions-intensive natural gas which can be converted to low-carbon fuels and used to reduce our country’s carbon footprint. At EQT, we see a significant opportunity to expand beyond our existing business by leveraging this advantage to develop low-carbon fuel production and CCUS opportunities.”

Equinor: Equinor is a global energy company committed to providing affordable energy for societies and taking a leading role in the energy transition. Headquartered in Norway, we’re on a journey to net-zero emissions through optimizing our oil and gas portfolio, accelerating growth in renewables and pioneering developments in carbon capture and hydrogen. With 35 years’ history in the US, our world-class portfolio stretches across oil and gas, offshore wind, and low-carbon value chains. Learn more at equinor.com.

“With an abundance of natural resources, industrial capabilities, and a highly-skilled workforce, the Appalachian region is poised to meet America’s energy needs while leading the transition to a low-carbon future,” said Chris Golden, Equinor U.S. Country Manager. “Equinor is committed to achieving net zero emissions, and we’re proud to work together with this alliance of ambitious companies to realize this opportunity.”

GE Gas Power: GE Gas Power (NYSE: GE) is a world leader in natural gas power technology, services, and solutions. Through relentless innovation and continuous partnership with our customers, we are providing more advanced, cleaner and efficient power that people depend on today and building the energy technologies of the future. With the world’s largest installed base of gas turbines and more than 670 million operating hours across GE’s installed fleet, we offer advanced technology and a level of experience that’s unmatched in the industry to build, operate, and maintain leading gas power plants. For more information, visit the company's website at www.gepower.com. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

“As a leading energy company with equipment providing more than one third of the world's electricity, GE is excited to bring its unmatched industrial and power generation heritage and experience to this new alliance," said Jeremee Wetherby, Global Decarbonization Partnerships Leader for GE Gas Power. “GE knows firsthand the importance of pursuing an affordable, reliable, and sustainable energy system as the gas turbine OEM with the most operating hours using hydrogen and similar lower-carbon fuels—but we also believe that the energy transition can only be accomplished swiftly through the industry-wide collaboration, policy support, and public demand garnered by organizations such as this alliance. We are eager to begin the essential work of helping to transform the Northern Appalachian’s industrial operations into an American climate leader."

Marathon Petroleum and MPLX: Marathon Petroleum Corporation (NYSE: MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP (NYSE: MPLX), a midstream energy company that owns and operates natural gas gathering, processing, and fractionation assets, as well as natural gas, natural gas liquids, crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

“This alliance in Northern Appalachia is a way for forward-looking companies to leverage the region’s many advantages as we work toward lowering the carbon intensity of the critical products and services we provide,” said Dave Heppner, Marathon Petroleum Corporation’s senior vice president of strategy and business development. “At Marathon Petroleum, we are committed to meeting the energy needs of today, while also investing in an energy-diverse future.”

Mitsubishi Power: Mitsubishi Power Americas, Inc. (Mitsubishi Power) headquartered in Lake Mary, Florida, employs more than 2,300 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North, Central, and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; PV solar project development; environmental controls; and services. Energy storage solutions include green hydrogen, battery energy storage systems, and services. Mitsubishi Power also offers intelligent solutions that use artificial intelligence to enable autonomous operation of power plants. Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace, and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

Bill Newsom, President and CEO, Mitsubishi Power, said, “Developing a hydrogen hub in the Tri-State Region will be critical to achieving the aggressive net zero carbon goals. Mitsubishi Power realizes that we need to assemble teams with complementary expertise across the public and private sectors. This new alliance creates a collaborative network bringing together diverse companies and groups to solve one of the toughest challenges our industry is facing. Together with our customers and partners, we are creating a Change in Power.”

Shell Polymers: Shell is building a world-scale petrochemical plant, located thirty miles northwest of Pittsburgh in Monaca, Pennsylvania. Our plant will be the first Shell-operated polyethylene facility in the Americas, and Shell Polymers is a new line of business within Shell Chemicals. The plant will take ethane from the Marcellus and Utica fields and convert it into polyethylene, which is the building block for many of the plastics that we see around us today. Our facility is within a 700-mile radius of nearly 70% of the North American polyethylene market. Close to both supply and markets, the new facility will decrease economic and environmental transportation costs and provide regional plastic manufacturers with more flexibility, shorter supply chains and enhanced supply dependability. Once complete, the facility anticipates production with an annual average capacity of 3.3 billion pounds of ethylene and three polyethylene units with a combined annual production capacity of approximately 3.5 billion pounds. At Shell, Goal Zero, meaning no harm to people or the environment, is a deeply held core value. Shell believes operations and environmental protections can and do exist together, and throughout the construction process and through operations Shell is committed to protecting the environment.

“As we march towards finishing the construction of our world-scale petrochemical plant in Monaca, Pennsylvania, we are excited to be in on the ground floor of this tri-state project that could help us reach our net-zero carbon emission ambitions”, said Hilary Mercer, Senior Vice President of Shell Polymers Pennsylvania Chemicals. “The creation of this hub could contribute to a more sustainable energy future for what is already a very advantaged region in terms of human and natural resources.”

U. S. Steel: (NYSE: X) Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the company’s customer-centric Best for All℠ strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3™ advanced high-strength steel. The company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.

“As U. S. Steel builds momentum toward our ambitious goal of net-zero carbon emissions by 2050, the opportunity to establish a low-carbon industrial hub in this region is cause for optimism,” said Richard Fruehauf, Senior Vice President, Chief Strategy & Sustainability Officer. “This Tri-State region has incredible assets, not only a highly skilled and experienced workforce, but also world-class universities, national laboratories and deep-rooted industrial capabilities.”


Contacts

MEDIA:

EQT:
Bridget McNie – Director of Communications
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 412-720-4500)

Equinor:
Ola Morten Aanestad – Media Spokesperson
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: +47 480 80 212)

GE Gas Power:
Adam Tucker – Director, Communications
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 518-227-2463)

Marathon Petroleum:
Jamal Kheiry – Communications Manager
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 419-421-3312)

Mitsubishi Power:
Christa Reichhardt – Senior Director, Marketing Communications
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 407-484-5599

Shell Polymers:
Virginia Sanchez – Corporate Relations
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 832-762-2672)

U. S. Steel:
Amanda Malkowski – Lead, Media Relations
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 412-736-2475)

IN-2-Market:
Michael Docherty – Executive Director
(e: This email address is being protected from spambots. You need JavaScript enabled to view it., p: 412-275-0349)

DUBLIN--(BUSINESS WIRE)--The "Global Autonomous Ships Market (2021-2026) by Type, Application, Solution, Fuel Type, Propulsion Type, End-Use & Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.


The Global Autonomous Ships Market is estimated to be USD 8.54 Bn in 2021 and is expected to reach USD 17.74 Bn by 2026, growing at a CAGR of 15.75%.

Autonomous ships refer to the ships that are remote-built ships where the remote control mechanism performs operations. Autonomous requires high-quality systems and reliable communication systems that work with connectivity, control algorism, and sensor technology. Rapid urbanization and digitization and development of next-generation autonomous vessels, rise in the investment in autonomous projects, and increasing acceptance of automated systems to reduce human errors are factors driving the demand of the market segment.

However, cost-intensive customization of marine automation systems and concerns regarding vulnerability associated with cyber threats and lack of skilled personnel to operate marine automation systems are restraining factors for the market's growth.

The Global Autonomous Ships Market is segmented by Type, Application, Solution, Fuel Type, Propulsion Type, End-Use & Geography.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of M.E.A.)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Autonomous Ships Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Rapid Urbanization and Digitization and Development of Next-Generation Autonomous Vessels
  • Rise in the Investment in the Autonomous Projects
  • Increasing Acceptance of Automated Systems to Reduce Human Errors

Restraints

  • Concerns Regarding Vulnerability Associated with Cyber Threats
  • Cost-Intensive Customization of Marine Automation Systems

Opportunities

  • Advancement in Sensor Technologies for Improved Navigation Systems
  • Rising Trend of Complete Automation in the Transport Sector

Challenges

  • Lack of Skilled Personnel to Operate Marine Automation Systems
  • Lack of Awareness Regarding Insulated Water Bottles in Developing Economies

Companies Mentioned

  • ABB Limited
  • Continental AG
  • Denso Corporation
  • General Electric Company
  • Honeywell International Inc.
  • Kongsberg Maritime AS
  • Lockheed Martin Corporation
  • Mitsui O.S.K. Lines Ltd.
  • Robert Bosch GmbH
  • Saab AB
  • Totem Plus Ltd.
  • Vigor Industrial L.L.C.
  • Wartsila OYJ ABP
  • Spotify Technology S.A.
  • Airbus SE
  • D.N.V. GL
  • Kongsberg Gruppen ASA
  • Northrop Grumman Corporation
  • Rolls-Royce Motor Cars Limited
  • Siemens
  • A.S.V. Global
  • Rh Marine
  • Sea Machines Robotics

For more information about this report visit https://www.researchandmarkets.com/r/akeh49.


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

DUBLIN--(BUSINESS WIRE)--The "On Demand Product - 2022 Russia Natural Gas Map (Terrain Edition)" map has been added to ResearchAndMarkets.com's offering.


The map represents the latest status and the whole picture of Russia's natural gas system (fields, pipelines, critical transfer points, underground gas storages, LNG facilities, and gasified regions etc);

Map Features

  • Unprecedented Make-to-Order mapping technology enables your maps to be exported directly from our daily-updated database. This helps you to get the most latest project situation exactly on the day your order is placed;
  • Super large size (360x150cm) of the map allows more details which show the exact project locations so that the map would not be again a bunch of unrecognized dots and lines;
  • Subscriber's company name will be added into the map, right below the map's name title.

What Types of Projects are Recorded in This Map

  • Existing Strategic Pipeline
  • New Strategic Pipeline
  • Existing Main / Inter-provincial Pipeline
  • New Main / Inter-provincial Pipeline
  • Existing Regional Pipeline
  • New Regional Pipeline
  • Developed Core Gas Field (Onshore)
  • Undeveloped Core Gas Field (Onshore)
  • Developed Gas Field (Onshore)
  • Undeveloped Gas Field (Onshore)
  • Developed Core Oil Field (Onshore)
  • Undeveloped Core Oil Field (Onshore)
  • Developed Oil Field (Onshore)
  • Undeveloped Oil Field (Onshore)
  • Developed Core Field (Offshore)
  • Undeveloped Core Field (Offshore)
  • Developed Field (Offshore)
  • Undeveloped Field (Offshore)
  • Existing Pipeline Compressor Station
  • New Pipeline Compressor Station
  • Existing Underground Gas Storage
  • New Underground Gas Storage
  • Existing LNG Plant
  • New LNG Plant
  • Existing Mini LNG Plant
  • New Mini LNG Plant
  • Existing LNG Receiving Terminal (Floating)
  • New LNG Receiving Terminal (Floating)

For more information about this map visit https://www.researchandmarkets.com/r/qvmze8


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

BLACKWOOD, N.J.--(BUSINESS WIRE)--#visionsolar--Vision Solar is on the rise as one of the fastest-growing solar energy companies in the United States. The company first saw exponential growth amid a global pandemic where it grew 800%. Since then, Vision Solar has demonstrated that they are heading in the right direction to become one of the U.S's biggest solar companies.


Expanding into many regions of South Florida and opening a dedicated sales office in Farmington, Connecticut, targeting two states that are currently fast-growing in the solar industry, was a big step forward for the company in 2021. And now Vision Solar has announced that they will be moving into the Lone Star State in Q1 of this new year, starting with Austin, Texas. Moving into Texas is a tremendous accomplishment for the company because the state is poised to become a nationwide leader in solar energy!

“With Texas ranked 2nd in the country for solar energy, prices becoming more favorable for customers, and untapped market penetration, we feel that this is a great market opportunity. As a leader in Solar Energy, we are excited to open an office in Austin and look forward to serving the homeowners interested in switching to solar." - Jonathan Seibert, CEO | Vision Solar

For any inquiries regarding this press release, please feel free to contact John Czelusniak at This email address is being protected from spambots. You need JavaScript enabled to view it. or Juliana Echavarria This email address is being protected from spambots. You need JavaScript enabled to view it.

About Vision Solar:

Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth to produce 1000+ high-quality Green Jobs by 2022. To learn more, visit: https://www.visionsolar.com


Contacts

Juliana Echavarria
Vision Solar LLC
This email address is being protected from spambots. You need JavaScript enabled to view it.

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