INDIANAPOLIS--(BUSINESS WIRE)--#cleanenergy--Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035.
The Bellflower solar farm, located about 40 miles east of Indianapolis in Henry and Rush Counties, is expected to become operational in 2022.
“Through their corporate sustainability commitment, Verizon is spurring development of clean and affordable energy sources in the U.S. that benefit us all,” said Kevin Smith, CEO of Lightsource bp in the Americas. “Working together, we’re reducing carbon emissions from electricity generation for the overall grid while delivering substantial local economic benefits. Adding initiatives to enhance local biodiversity further multiplies solar’s contribution to preserving our planet for future generations.”
“Last year, Verizon issued its second $1 billion green bond, which will be used to fund long-term renewable energy purchase agreements – including this agreement with Lightsource bp – that support the construction of solar and wind facilities. These facilities will bring new renewable energy to the grids that power our networks,” said James Gowen, Verizon’s chief sustainability officer and vice president, supply chain operations. “Verizon is committed to supporting the transition to a greener grid by making substantial investments in renewable energy.”
Local economic development
Solar projects can help strengthen local rural economies.
Dual use solar – maximizing benefits to the environment and community
An action plan is underway for Bellflower Solar that aims to enhance local biodiversity.
About Lightsource bp
Lightsource bp is a global leader in the development and management of solar energy projects, and a 50:50 joint venture with bp. Our purpose is to deliver affordable and sustainable solar power for businesses and communities around the world. Our team includes over 500 industry specialists, working across 14 countries. We provide a full service to our customers, from initial site selection, financing and permitting through to long-term management of solar projects. Lightsource bp in the U.S. is headquartered in San Francisco with development offices in Denver, Philadelphia, Atlanta and Houston. Since late 2017, the team has developed a pipeline of more than of more than 8 gigawatts of large-scale solar projects at various stages of development across the United States with about 2 gigawatts of contracted assets representing almost $2 billion in near term projects. For more information visit lightsourcebp.com, follow us on Twitter @lightsourceBP and Instagram @lightsourcebp or view our LinkedIn page.
Media Inquiries:
Mary Grikas
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IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.87 per share on the Common Stock, payable on March 10, 2021 to shareholders of record of Common Stock at the close of business on February 10, 2021.
This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2020.
Through its dividends, the corporation has shared its success with its shareholders for more than 100 years.
Media Relations
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IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) unveiled today its new strategy to become the preeminent leader of professional and technical solutions at its 2021 Strategy Day called “Building a Better Future.”
“My top priority since being named Fluor’s CEO has been to work closely with the Board and the management team to develop a strategy that addresses the mega trends that are impacting how we do business,” said David Constable, chief executive officer. “With an emphasis on sustainable outcomes and creating shareholder value, our new strategy leverages our world-class expertise and rewards Fluor for the value we provide while improving our financial position and creating a fit-for-purpose organization.”
At the Strategy Day event, Fluor’s leadership team outlined the four strategic priorities for driving value creation:
Drive growth across Fluor’s portfolio – By 2023, Fluor expects 70 percent of revenue will come from non-traditional oil and gas segments.
Pursue contracts with fair and balanced terms – Fluor will improve the quality of its backlog by only pursuing and executing work with fair and balanced terms. Fluor’s backlog will be more than 75 percent reimbursable by 2024, which is similar to historical norms.
Reinforce financial discipline – By 2024, Fluor plans to lower and maintain a debt to capitalization ratio corridor between 20 to 40 percent, generate return on invested capital in excess of 20 percent, secure investment grade credit ratings and deliver top quartile shareholder returns. Fluor is targeting a 2024 earnings per share range of $3.00 to $3.50.
Foster a high-performance culture with purpose – Fluor is committed to increasing women and diversity in leadership roles and creating a positive and inclusive culture that can drive strong individual and collective performance. In addition, the company has committed to achieve Net Zero for scopes 1 and 2 CO2 equivalent emissions by the end of 2023.
Fluor’s new strategic priorities build upon the previously announced realigning of its operations into three new business segments: Urban Solutions, Mission Solutions and Energy Solutions. The updated organizational and reporting structure aligns Fluor’s business with identified growth markets, and will be implemented in the first quarter of 2021.
Webcast Replay
To access the replay of today’s virtual strategy day event and presentation materials, visit the company’s website at investor.fluor.com.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better future by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 45,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor is ranked 181 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 100 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.
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Brian Mershon
Media Relations
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Jason Landkamer
Investor Relations
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VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that it created a dedicated ESG function to lead UGI’s Environmental, Social, and Governance (“ESG”) initiatives. The creation of this officer-level position, supported by a dedicated team, is an important step in driving sustainability efforts across the company and enhancing the quality of disclosure and reporting for its stakeholders. Over the past two years, UGI has published two ESG reports, launched a number of key corporate-wide social initiatives such as BIDE (Belonging, Inclusion, Diversity, & Equity), continued to make investments that support the communities we serve, and established methane and GHG emission reduction targets at UGI Utilities. Information about UGI’s ESG program can be found on the website: https://ugiesg.com/.
UGI has promoted Brendan M. Heck to Vice President, Environmental, Social, and Governance (“ESG”) to lead the ESG initiatives. Mr. Heck joined UGI in 2014 and most recently served as Director, Investor Relations. During his time with the Company, he has held various positions in corporate finance and treasury, business development, and strategic pricing. Mr. Heck received his MBA from Duke University and his bachelor’s degree in economics from Lafayette College.
John L. Walsh, President and Chief Executive Officer of UGI Corporation, said, “We are excited to announce the formal creation of an ESG function and build on our recent progress. Brendan has gained an in-depth understanding of our Company and our values through his prior roles, was part of the team that launched our ESG initiatives and led the effort to publish our first two ESG reports. We think his background will support our ESG efforts across the Company and facilitate enhanced disclosure of our progress for all stakeholders. UGI is proud of the work we’ve accomplished on our ESG initiatives, and we remain energized to make further progress and deliver on our commitments to stakeholders. We expect to announce ambitious GHG reduction and safety targets later this year and will continue to enhance our non-financial disclosure so all of our stakeholders can evaluate UGI on progress beyond our traditional financial commitments. We have a long history of delivering on our financial commitments to investors and we look forward to communicating additional progress on our ESG initiatives in the future.”
About UGI Corporation
UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas, in twelve states and the District of Columbia and internationally in France, Belgium, the Netherlands and the UK.
Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.
Investor Relations
Tameka Morris, 610-456-6297
Arnab Mukherjee, 610-768-7498
Shelly Oates, 610-337-1000 ext. 3202
Scammers pose as ComEd or other service workers to lure residents outside, while accomplices enter empty homes to steal possessions
CHICAGO--(BUSINESS WIRE)--With people spending more time at home because of the COVID-19 pandemic, imposters are taking advantage of residents who may be alone to rob them of their possessions and financial information. These imposters can show up at small businesses as well as homes.
In this latest scam, an individual may pose as an employee from ComEd, another utility or a tree service company. They will lure the resident or small-business owner outside to discuss work that they claim needs to be completed. While the individual is outside, an accomplice will enter the home or business to steal valuables and documents containing the individual’s personal or financial information.
“We see an unsettling number of scams involving imposters who take advantage of unsuspecting ComEd customers,” said Nichole Owens, ComEd vice president of customer channels. “To help protect families and businesses from fraudulent activity that could affect their electric service, finances and personal property, it’s important to help customers know what to look out for.”
Since 2017, ComEd has tracked a 60-percent increase in reports of scams and scam attempts into its call center. For these reasons, ComEd reminds customers to be on the lookout for imposters trying to steal from them using energy-related scams.
As the COVID-19 pandemic takes a financial toll on families and businesses across northern Illinois, scammers also are increasing their efforts to take advantage of vulnerable customers who may be struggling to pay their bills. During the pandemic, ComEd has received reports of scammers posing as utility representatives who contact customers experiencing difficulty paying their bills. These imposters prey on these customers’ financial situation by falsely threatening to shut off service to obtain money or a customer’s personal, business or financial information.
Another common scheme involves scammers using technology to make their phone calls appear to come from a ComEd phone number and threatening to turn off a customer’s service unless they make a direct payment with a prepaid cash card. Sometimes they ask victims to call back at a different phone number and provide personal information. In other attempts, scammers send emails to businesses and request that they send ComEd payments to bogus payment web sites.
Here are some tips to help identify scams
1. ComEd will never come to a customer’s home or business to:
2. ComEd will never call a customer to:
3. To identify an actual ComEd employee, remember:
A ComEd worker who is unable to access equipment, such as the meter or pedestal transformer, may knock on a customer’s door. Any customer who is unsure whether a visitor or caller is a ComEd employee or believes he or she has been a target or victim of a scam should call 1-800-EDISON-1 (1-800-334-7661) immediately. To learn more, visit ComEd.com/ScamAlert.
Staying current on bills to avoid being targeted by scammers
ComEd understands that COVID-19 continues to create economic hardship for many customers. To help customers remain current with their bills and avoid becoming targets of scammers, ComEd offers several bill-payment assistance programs, including flexible payment options, financial assistance for past-due balances and usage alerts for current bills. In 2020 alone, ComEd helped connect customers to more than $70 million in financial assistance, which supported more than a quarter of a million customers with stabilizing grants. Any customer who is experiencing a hardship or difficulty with their electric bill should call ComEd immediately at 1-800-334-7661 (1-800-EDISON-1), Monday through Friday from 7 a.m. to 7 p.m. to learn more and enroll in a program. For more information, visit ComEd.com/PaymentAssistance.
ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 100 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube.
ComEd Media Relations
312-394-3500
Designed to leverage and extend Ricardo’s expertise in building solutions to support zero emission mobility, this new facility will form part of a global centre of excellence for hydrogen, defossilised fuels and electrified transport engineering.
SHOREHAM-BY-SEA, England--(BUSINESS WIRE)--As part of its mission to support the decarbonisation of the global transport and energy sectors, Ricardo, a world-class environmental, engineering and strategic consulting company, has today announced an initial investment of £2.5million to build a hydrogen development and test facility at its Shoreham Technical Centre in the UK.
Designed to support the company’s existing work in hydrogen, fuel cells and green alternative fuels, the new facility will deliver state-of-the-art test and development to advance capability in both alternative fuels and electric vehicles. It will significantly increase the range of hydrogen and fuel cell services and solutions which can be delivered to Ricardo’s global customers.
Steve Dyke, Managing Director of Ricardo Automotive and Industrial said: “We are already working with a range of clients on hydrogen and fuel cell technology, providing clean efficient solutions which reduce carbon and noxious emissions across a wide range of sectors. By building our hydrogen fuel cell and propulsion capability, we shall further advance our facilities and technology for clean vehicles across all transport sectors, and increase the range of hydrogen and fuel cell services and solutions that we can offer to our clients.
“A particular focus for the new facility will be a systems-led approach to vehicle development, integrating our enhanced test capability with our leading-edge digital and simulation tools to deliver fully optimised hardware and software system solutions for our customers. This will further enhance our established digital engineering expertise, allowing the company to provide solutions which: are greener because they are less energy and resource-intensive; remove risk from development through more efficient, faster digital techniques; and reduce cost and time to market to provide competitive advantage.”
This investment is a further boost to Ricardo’s hydrogen capability, following the company’s announcement on 14 January 2021 of a collaboration with AFC Energy plc aimed at identifying new and innovative alternative fuel solutions, including hydrogen power applications.
Fuel cell test facilities with this level of capability to develop and test hydrogen technologies are rare across the globe, so this investment will accelerate Ricardo’s position as a leader in hydrogen transport technology.
Ends
About Ricardo
Ricardo plc is a world-class environmental, engineering and strategic consulting company listed on the London Stock Exchange. With over 100 years of engineering excellence, we provide exceptional levels of expertise in delivering leading edge and innovative cross sector sustainable products and solutions, helping our global customers increase efficiencies, achieve growth and create a clear and safer future. Our mission is clear -- to create a world fit for the future. For more information visit www.ricardo.com
About Ricardo Automotive and Industrial Division
Ricardo Automotive & Industrial Ricardo Automotive and Industrial, a division of Ricardo plc, provides global engineering services for OEMs across all transport sectors. The vision is to be the consulting partner of choice for clean efficient, integrated propulsion and energy solutions, underpinned by digitisation.
Ricardo is a supporter of the UK Hydrogen Strategy Now campaign. This group of leading UK businesses which has together committed to invest £3bn into hydrogen projects is calling on the Chancellor of the Exchequer for a UK-wide hydrogen strategy.
For Ricardo:
Kathryn Bellamy
Communications Manager
Ricardo Automotive & Industrial, and Performance Products
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Telephone: +44(0)7921 941824
Ricardo Media Office
Gill Gibbons
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Telephone: +44 (0) 7795 342804
MIDLAND, Texas--(BUSINESS WIRE)--Colgate Energy Partners III, LLC (the “Company” or “Colgate”) announced the closing of its private placement on January 27, 2021 to eligible purchasers of $300 million in aggregate principal amount of 7.75% senior notes due 2026 (the “Notes”).
The Notes were not registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes are eligible for trading by qualified institutional buyers under Rule 144A of the Securities Act and outside the United States pursuant to Regulation S of the Securities Act.
This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.
About Colgate
Colgate is a privately held, independent oil and natural gas company headquartered in Midland, Texas that is engaged in the acquisition, exploration and development of oil and natural gas assets in the Delaware Basin, with operations principally focused in Reeves County, Texas and Eddy County, New Mexico.
Forward-Looking Statements
This press release contains forward-looking statements based on Colgate’s current expectations that involve a number of risks and uncertainties. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words such as “believes,” “will,” “expects,” “anticipates,” “intends” or similar words or phrases. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. No forward-looking statement can be guaranteed. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement.
Michael Poynter
432-695-4222
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Approximately 75 Percent of Residences and Businesses That Lost Power Due to Wind, Rain and Snow Have Had Their Service Restored
With Hazardous Conditions Remaining, PG&E Reminds Customers to Stay Safe, Be Prepared and Have an Emergency Plan
SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) crews today began assessing damage, making repairs and restoring electric service to residential and business customers after one of the strongest winter storms in years hit California.
High winds, heavy rains and snow in many places led to power outages, and crews continue to deal with those conditions and the aftermath of the storm as they work to restore customers. More than 400 crews and nearly 500 electric troublemen and inspectors are working on restoration. In some locations, PG&E has been using snowcats, truck-size tracked vehicles, to gain access to infrastructure in locations where snow is the deepest.
Hazardous conditions exist in many locations within PG&E’s service area. We urge our customers to be safe and prepare for weather-related power outages.
Since the storm started at midnight Tuesday through 4 p.m. today, about 575,000 PG&E customers have lost power due to the winds, rain and snow. Of those, 434,000 (or 75%) have been restored with approximately 141,000 customers still out of power.
The hardest-hit areas with the most remaining outages are in the Sacramento and Stockton regions as well as in Humboldt and Mendocino counties. About 16,000 customers in the Bay Area were still being affected by storm outages.
Customers can find the latest information on outages on PG&E’s website. Visit PG&E’s Safety Action Center website for preparedness tips and more.
PG&E’s in-house meteorologists reported that maximum wind gusts during the storm included 80 mph gusts recorded at weather stations on Mount Diablo in Contra Costa County and Pelato Peak in Kern County. Overnight rainfall totals were recorded at 4.2 inches at Lake Elsman in the Santa Cruz Mountains and 5.5 inches on Rocky Butte on the southern Central Coast.
As this storm is predicted to be the first of a series of storms through this weekend, PG&E reminds its customers to stay safe, be prepared and have an emergency plan.
Storm Safety Tips:
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com/ and www.pge.com/en/about/newsroom/index.page.
MEDIA RELATIONS:
415-973-5930
Leading energy efficiency and renewable energy solutions company honored with coveted national distinction
FRAMINGHAM, Mass.--(BUSINESS WIRE)--#efficiency--Ameresco, Inc., (NYSE: AMRC), an energy efficiency and renewable energy leader, today announced that Forbes media has named it number six on the 2021 America’s Best Mid-Size Companies list. Ameresco has ranked within the top ten companies and was the only energy solutions provider included among the annual list’s 100 companies.
“We are tremendously humbled by this recognition,” said Ameresco’s vice president of human resources Lauren Todd. “Not only is it a reflection of our tremendous execution, but it is also a testament to our companywide commitment to innovation. We’re proud this honor exemplifies all of the hard work that has gone into generating growth and positive momentum within our rapidly changing industry.”
This announcement follows Ameresco’s inaugural Environmental, Social and Corporate Governance (ESG) report, which was centered around the concept “Doing Well by Doing Good.” The energy solutions company is eager to continue their work in delivering reliable and sustainable solutions and in making Ameresco a choice employer.
“Over the past 20 years, Ameresco has maintained a relentless focus on leading the quest to change the world as a trusted sustainability partner,” said George Sakellaris, Ameresco’s founder, president and CEO. “As a clean tech market leader, we are proud to see this industry recognition, and even more excited as we pursue the tremendous opportunity on the horizon.”
The America’s Best Mid-Sized Companies list was compiled with companies whose market value ranged between $2 billion and $10 billion, and whose share price was greater than $5. Across industries, rankings were determined by earnings growth and sales growth over the course of both 12 months and 5 years as well as 52-week total return. The complete list of companies can be found at https://www.forbes.com/lists/best-mid-cap-companies.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.
SEOUL, South Korea--(BUSINESS WIRE)--SK Global Chemical, a global petrochemical company in South Korea, and Brightmark, the global waste solutions provider, today announced the two sides have signed a memorandum of understanding to create a partnership that aims to take the lead in the circular economy of plastic by construction of a commercial scale plastics renewal plant in South Korea.
The two sides will jointly utilize Brightmark’s plastics renewal technology and confirm its commercial viability with aim of forming a joint venture to develop, finance, construct, and operate a plastics renewal facility in South Korea with 100,000 tons of annual capacity in pursuit of “plastics-to-plastics” circular economy.
Plastics renewal is Brightmark’s proprietary type of pyrolysis, an advanced form of recycling with a unique ability to recycle all types of plastic waste that has reached the end of its useful life – including the most difficult to recycle plastics. The MOU makes SK Global Chemical the partner for Brightmark in South Korea to help resolve the plastic waste issue, which is a rising global concern. The world produces 385 million tons of plastic each year and 91% of that plastic never gets recycled. The rest ends up in an incinerator, a landfill, or as litter in the natural environment, where will remain for thousands of years.
“Pyrolysis is an essential technology to resolve plastic issue,” said Na Kyung-soo, CEO of SK Global Chemical. “This partnership with Brightmark will help establish us as leaders on this important challenge. In addition to our cooperation with Brightmark, SK Global Chemical’s Environmental, Social, and Corporate Governance (ESG) initiatives will continue to support the circular economy of plastic.”
Both parties will carry out a feasibility study during 2021 and plan to cooperate by combining experience of pyrolysis and post treatment in South Korea. By the end of this year, the two parties will complete evaluation of the most optimal methods to operate, scale and develop Brightmark’s technology within South Korea prior to finalization of a joint venture agreement for the plant development and operation.
“Brightmark is pleased to be able to partner with a leading global petrochemical company like SK Global Chemical that shares Brightmark’s focus on circular solutions to eliminate waste,” said Bob Powell, Founder and Chief Executive Officer of Brightmark. “Brightmark recognizes that the plastic waste issue is a global problem and we need global solutions to tackle it. South Korea is ready to tackle the plastic waste crisis by supporting circular, scalable solutions, and has established plastic waste collection systems and readily available plastic waste feedstock streams, which makes it an exceptional location for expansion.”
In past, the continuous operation of pyrolysis plants was difficult due to lack of technical and economic viability. Brightmark overcame these constraints, and its plastics renewal plant in Ashley, Indiana, with a capacity of 100,000 tons of plastic waste per year, which is the largest site in the world, will achieve full commercial scale in 2021.
SK Global Chemical is closely working together with SK Innovation, its holding company, in developing a post treatment process to remove impurities and to convert pyrolysis oil into plastic.
“It is very important to strengthen technological competitiveness in related industries”, said Dr. Seong Jun Lee, Head of SK Innovation's Environmental Technology Institute. “In this regards, SK Innovation is developing core technologies such as improving yield of plastic conversion and removing impurities to secure the quality of pyrolysis oil from waste plastic.”
When the commercial scale pyrolysis plant is operated continuously and successfully in Korea, the recycling rate of flexible packaging waste will be noticeably increased. Moreover, it is expected that this business will make it easier to reach the goal of building the plastic circular economy after SK Global Chemical succeeds in using this oil in its own plastic feedstock plant.
For Brightmark the partnership with SK Global Chemical in South Korea represents an important part of its commitment to globally scale solutions to the most pressing environmental challenges. Brightmark is delivering on its mission through the deployment of disruptive, breakthrough waste solutions focused on plastics renewal (plastic waste-to-fuel) and renewable natural gas (organic waste-to-fuel).
ABOUT SK Global Chemical
SK Global Chemical is a subsidiary of SK Innovation. The company supplies a diverse array of products from advanced materials for automobiles, electronics, and telecommunications to consumer goods. It focuses on packaging & automotive material business with eco-friendly, high value-added products, and tries to develop “Circular Economy” throughout the value chain base on “Green Strategy”. Recently the company has made a new slogan called "Green for Better Life" to illustrate its business goal of solving plastic related environmental issues proactively. For more information, http://eng.skglobalchemical.com
ABOUT BRIGHTMARK
Brightmark is a global waste solutions company with a mission to reimagine waste. The company takes a holistic, closed loop, circular economy approach to tackling the planet’s most pressing environmental challenges with imagination and optimism for the future. Through the deployment of disruptive, breakthrough waste-to-energy solutions focused on plastics renewal (plastic waste-to-fuel) and renewable natural gas (organic waste-to-fuel), Brightmark enables programs specifically tailored to environmental needs in order to build scalable project solutions that have a positive impact on the world and communities in which its stakeholders live and work. For more information, visit www.brightmark.com.
SK Global Chemical:
Asia Media
Sunho Yoon
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t. +82 10-6484-7500
Brightmark:
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Edmond Lococo, ICR
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t. +86 138-1079-1408
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Cory Ziskind, ICR
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t. +1 (646) 277-1232
BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2507 per share, payable March 1, 2021 to all shareholders of record on Feb. 12, 2021.
Essential Utilities has paid consecutive quarterly cash dividends for 76 years and has increased the dividend 30 times in the last 29 years.
About Essential
Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves. For more information, visit http://www.essential.co.
WTRGF
Brian Dingerdissen
Essential Utilities Inc.
Investor Relations
O: 610.645.1191
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Dan Lockwood
Communications and Marketing
O: 610.645.1157
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Smart Contracts Eliminate Accruals and Deliver Transactional Certainty
STAVANGER, Norway--(BUSINESS WIRE)--Data Gumbo, provider of GumboNet™ — the massively interconnected industrial smart contract network secured and powered by blockchain — today announced that it enables real-time operational expenses (OPEX) visibility for energy operators and service providers across Europe. By using field operating data to digitally confirm that commercial terms of existing contracts have been satisfied, smart contracts trigger automated payments between commercial counterparties to deliver real-time visibility into contract spend.
“Energy operators and service providers are in need of information that can assist them in making difficult economic choices,” said Ove Sandve, Norway Country Manager at Data Gumbo. “GumboNet’s real-time OPEX capabilities unlock sustained digital visibility into financial health and management that can set up a company to tie field measurements to payments driving transactional certainty, improving cash flow, increasing value, and ultimately, attracting better investors.”
Managing production dynamics including labor, supervision and maintenance; chemicals and supplies; fuel, power and water; equipment rental and usage; among other services, requires considerable time and manpower. The current manual approach results in error-prone and resource-intensive paper invoices that contribute to hefty dispute and resolution processes in addition to administrative hassles.
Smart contracts provide visibility into real-time OPEX that opens the door for European energy companies to match contractual terms without human interface. Taking a typical 16+ step process down to three while ensuring transparency, accuracy and trust, GumboNet eradicates the need to rely on field estimates to book accruals and empowers operators and service providers with the financial visibility required to comprehensively digest variable production costs, as often as daily.
About Data Gumbo
Data Gumbo is a Houston-headquartered technology company that provides GumboNet™ — the massively interconnected industrial smart contract network secured and powered by blockchain. With integrated real-time capabilities that automate and execute smart contracts, GumboNet reduces contract leakage, frees up working capital, enables real-time cash and financial management and delivers provenance with unprecedented speed, accuracy, visibility and transparency. Beyond its Houston office, the company has subsidiary offices in Stavanger, Norway and in London, UK. To date, the company has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator. Data Gumbo was recognized as the Disruptive Innovator in the Forbes Energy Awards 2020 and was named to CB Insights Blockchain 50, among other awards. For more information, visit www.datagumbo.com or follow on LinkedIn, Twitter and Facebook.
Media contact:
Gina Manassero
Data Gumbo
VP of Communications
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REGINA, Saskatchewan--(BUSINESS WIRE)--Haztech Energy Corp. announced today the completion of the acquisition of Primex Training Centre Inc. (“Primex”), a leading provider of industrial health & safety training and consulting services to industrial clients that operate in remote locations and large projects in Western Canada.
Founded in 2013, Primex is headquartered in Regina, Saskatchewan and operates across the prairie provinces. Primex is focused on serving customers in the oil and gas, forestry, mining and construction markets.
Shawn Hazen, Chief Executive Officer, stated, “We are very pleased to announce our acquisition of Primex and to continue the client-catered service delivery and deep relationships that Primex has established with some of the prairies most prominent companies.”
About Haztech Energy Corp.
A leading North American provider of professional, innovative and tailored healthcare and technical safety services.
Delivering vertically integrated services across a diverse range of markets including mining and resources, oil & gas, government and defense.
Haztech delivers a robust, consolidated and sophisticated service offering including on-site doctors, nurses and paramedics including remote access health centres, health & safety programs, occupational health testing, firefighting – rescue and emergency services, primary healthcare, medevac, security, safety training and return-to-work management.
We deliver, the new standard. Recognized as an industry leader providing services in remote, challenging and under-resourced areas, Haztech focuses on providing all aspects of health & safety being delivered to the highest standard.
We offer an unparalleled commitment to customer service, reliability and efficiency with credit to our team of highly dedicated healthcare & safety professionals.
For more information, visit www.haztech.com.
Caitlin Mann
Director, Marketing & Design
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1 (866) 919-9114
DUBLIN--(BUSINESS WIRE)--The "Worldwide Wind Farms Database" database has been added to ResearchAndMarkets.com's offering.
This product is a database of wind farms in the World.
It includes 32129 entries (in 127 countries) and represents 536,2 GW onshore and 328,1 GW offshore.
Detailed breakdown:
Onshore market:
Offshore market:
Provided Content:
Location
Turbines
Players
Status Data
Countries Covered
For more information about this database visit https://www.researchandmarkets.com/r/1k3c98
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share, payable March 10, 2021 to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 17, 2021.
Sean Comey -- +1 925-842-5509
OSAKA, Japan--(BUSINESS WIRE)--Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced that it achieved carbon neutrality in its value chain for its fiscal year 2019. This achievement was delivered by a continued focus on internal energy conservation measures, procurement of green energy, and investment in renewable energy certificates and high-quality, verified carbon offsets. These actions collectively address 100 percent of Takeda’s fiscal year 2019 scope 1, 2, and 3 emissions1 and represent a significant milestone in Takeda’s sustainability journey.
“This important milestone underscores our commitment to environmental sustainability as we recognize that climate change poses a risk to human health, including the spread of some of the same infectious diseases we’re working to eradicate,” said Christophe Weber, Takeda president and chief executive officer. “As a global, purpose-driven company celebrating our 240-year anniversary this summer, I am proud of our achievement, but we know much more work needs to be done. We remain committed to using our size and scale to help mitigate climate change and to ensure we can continue to make a positive impact on patients, our people and the planet.”
One of the ways Takeda achieved this milestone is through its investment in more than 30 renewable energy and carbon offset projects across 12 countries. These projects support the use of wind and solar energy, clean water availability, forest conservation and the preservation of biodiversity. The activities collectively address 15 out of 17 of the United Nations’ Sustainable Development Goals. They support local communities, while promoting a more sustainable future. All carbon offsets were required to meet rigorous evaluation criteria, including additionality, measurability, transparency, registration and third-party verification, among others.
Projects supported include:
Building on today’s milestone, Takeda remains committed to eliminating greenhouse gas emissions from its company-wide operations. Specifically, Takeda aims to reduce 40 percent of its emissions from its operations by 2025 and has committed to being carbon zero by 2040. To achieve its climate-related goals, a company-wide, cross-divisional program has been established to increase renewable energy usage and drive energy efficiency. Takeda is also looking beyond its own operations and is working with suppliers to help them to establish science-based reduction targets and reduce greenhouse gas emissions.
As a science-driven organization, Takeda’s climate change commitments are aligned with current climate science. In 2020, the Science-Based Targets initiative (SBTi) recognized Takeda’s goals as being consistent with reductions required to limit the rise in global temperature to 1.5°C above pre-industrial levels. Takeda is also proud to have earned a spot on CDP’s ‘A List’ for climate change leadership in 2020 as well as being named to Corporate Knights Global 100 Most Sustainable Corporations in the World (Global 100) for the sixth consecutive year.
For more information on Takeda’s commitment to environmental sustainability, visit:
Takeda environment website
Sustainability Value Report 2020
About Takeda Pharmaceutical Company Limited
Takeda Pharmaceutical Company Limited (TSE: 4502/NYSE: TAK) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetic and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people’s lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in healthcare in approximately 80 countries. For more information, visit https://www.takeda.com.
1 Scope 1 emissions are direct emissions from owned or controlled sources such as onsite fuel combustion, company-owned vehicles, and in-equipment in our facilities.
Scope 2 emissions are indirect greenhouse gas emissions resulting from purchased and consumed electricity, third party steam and/or chilled water supplied to our facilities.
Scope 3 emissions are all other indirect emissions that occur in our value chain, including goods and services provided by suppliers, business travel, employee commuting, and landfill waste disposal.
Media:
Japanese Media
Kazumi Kobayashi
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+81 (0) 3-3278-2095
Media Outside Japan
Holly Campbell
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+1 617-588-9013
BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share.
The dividend will be payable on February 24, 2021 to stockholders of record at the close of business on February 10, 2021.
ABOUT GRAHAM CORPORATION
Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. Energy markets include oil refining, cogeneration, and alternative power. For the defense industry, the Company’s equipment is used in nuclear propulsion power systems for the U.S. Navy. Graham’s global brand is built upon world-renowned engineering expertise in vacuum and heat transfer technology, responsive and flexible service and unsurpassed quality. Graham designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. Graham’s equipment can also be found in other diverse applications such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. Graham’s reach spans the globe and its equipment is installed in facilities from North and South America to Europe, Asia, Africa and the Middle East.
Graham routinely posts news and other important information on its website, www.graham-mfg.com, where additional comprehensive information on Graham Corporation and its subsidiaries can be found.
Jeffrey F. Glajch
Vice President - Finance and CFO
Phone: (585) 343-2216
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Deborah K. Pawlowski / Christopher M Gordon
Kei Advisors LLC
Phone: (716) 843-3908 / (716) 843-3874
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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Global offshore oil and gas pipeline market will grow by USD 2.79 billion during 2020-2024.
LONDON--(BUSINESS WIRE)--#GlobalOffshoreOilandGasPipelineMarket--Due to the COVID-19 pandemic, the global offshore oil and gas pipeline market registered a YOY growth of -2.36% in 2020. However, the market is estimated to expand at a CAGR of over 4% during the forecast period. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. - Get Free Sample Report Delivered Instantly to Know More
Offshore Oil and Gas Pipeline Market: Increase in global energy demand to drive growth
Rapid urbanization and industrialization across the world, especially in developing countries such as China and India have increased the consumption and demand for energy. This has increased the demand for natural gas as it is less polluting compared to other fossil fuels. For instance, the global demand for natural gas in 2018 increased by 4.9% when compared to 2017. Also, the rising energy demand is compelling oil and gas E&P companies to increase their offshore drilling activities. This has necessitated the need for pipelines to ensure uninterrupted transportation of crude oil and gas from oilfields to refineries as well as the transport of refined products to consumption centers. Therefore, the rising global energy demand is expected to fuel the offshore oil and gas pipeline market during the forecast period.
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As per Technavio, the economic benefits of offshore pipelines than other oil and gas transportation modes will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.
Offshore Oil and Gas Pipeline Market: Economic benefits of offshore pipelines than other oil and gas transportation modes
Most of the end-users prefer offshore pipelines over other modes for long-distance offshore transportation of oil and gas. This is because offshore pipelines require significantly less energy and have a low carbon footprint and can operate day and night as there is limited dependence on external factors. This ensures an uninterrupted supply of oil and gas, which is crucial for some industries that rely on gas-powered generators. These benefits are positively influencing the growth of the global offshore oil and gas pipeline market.
“Increasing investments in oil and gas E&P projects and the rising demand for crude oil will further boost market growth during the forecast period”, says a senior analyst at Technavio.
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Offshore Oil and Gas Pipeline Market: Major Vendors
The report covers details on the market’s competitive landscape and offers information on the products offered by various companies, including:
Offshore Oil and Gas Pipeline Market: Segmentation Analysis
This market research report segments the offshore oil and gas pipeline market by product (gas and oil) and geography (Europe, MEA, APAC, South America, and North America).
The Europe region led the offshore oil and gas pipeline market in 2020, followed by MEA, APAC, South America, and North America respectively. During the forecast period, the Europe region is expected to register the highest incremental growth due to rising investments in E&P activities and initiatives undertaken by governments to ensure energy security.
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Related Reports on Energy Include:
Global Oil and Gas Pipeline Monitoring Equipment Market – Global oil and gas pipeline monitoring equipment market is segmented by product (hardware components and software systems) and geography (North America, APAC, Europe, MEA, and South America). Click Here to Get an Exclusive Free Sample Report
Global Pipeline Pigging Systems Market – Global pipeline pigging systems market is segmented by application (gas and oil) and geography (North America, Europe, MEA, APAC, and South America). Click Here to Get an Exclusive Free Sample Report
Some of the key topics covered in the report include:
Market Share by Competitors
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/
HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report fourth quarter 2020 financial and operating results after the market closes for trading on February 25, 2021. Following the announcement, the Company’s management will host a fourth quarter 2020 earnings conference call in the morning of February 26, 2021 at 10:00 a.m. Eastern time (9:00 a.m. Central time).
Interested parties are invited to participate on the call by dialing 1-833-255-2829, or 1-412-902-6710 for international calls, (request to join the Ranger Energy Services call) or via the Company’s website at www.rangerenergy.com. A replay of the conference call will be available following the call and can be accessed from www.rangerenergy.com.
About Ranger Energy Services, Inc.
Ranger Energy Services, Inc. is an independent provider of well service rigs and associated services in the United States, with a focus on unconventional horizontal well completion and production operations. The Company also provides non-rig well services that are necessary to bring and maintain a well on production.
Ranger Energy Services, Inc.
J. Brandon Blossman, (713) 935-8900
Chief Financial Officer
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DUBLIN--(BUSINESS WIRE)--The "Oil and Gas Midstream Quarterly Mergers and Acquisitions (M&A) Deals Review - Q2 2020" report has been added to ResearchAndMarkets.com's offering.
The "Oil and Gas Midstream Quarterly Mergers and Acquisitions (M&A) Deals Review - Q2 2020" report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the midstream oil and gas industry. The report provides detailed comparative quarter-on-quarter data, on the number of deals and their value, sub-divided into deal types by geographies. Data presented in this report is derived from the publisher's proprietary in-house Oil and Gas eTrack deals database and primary and secondary research.
Scope
Reasons to Buy
Key Topics Covered:
Sector Highlights
List of Tables
List of Figures
For more information about this report visit https://www.researchandmarkets.com/r/j99d1t
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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