Fossil fuel

Initiative Equity Partners acquired 16% equity in ArtIn Energy ramping up expansion in North America

Retrieved on: 
木曜日, 4月 25, 2024

With recently awarded contracts of $2.7 Billion in value, ArtIn Energy is positioned to continue propelling growth and innovation in the energy sector.

Key Points: 
  • With recently awarded contracts of $2.7 Billion in value, ArtIn Energy is positioned to continue propelling growth and innovation in the energy sector.
  • Commenting on the acquisition, Jhon Cohen, Chief Executive Officer at ArtIn Energy, stated: "We are deeply honoured and excited to welcome Initiative Equity Partners into the ArtIn Energy family.
  • ArtIn Energy has established itself as a leader in the renewable energy industry, renowned for its innovative technologies and commitment to environmental sustainability.
  • "Investing in ArtIn Energy aligns seamlessly with Initiative Equity Partners' value-driven initiative to facilitate widespread access to clean energy sources and transformative solutions.

Seventeen banks from the Global Alliance for Banking on Values join global call for binding Treaty to end use of fossil fuels

Retrieved on: 
月曜日, 4月 22, 2024

AMSTERDAM, April 22, 2024 /PRNewswire/ -- A group of seventeen leading banks from the Global Alliance for Banking on Values (GABV) have endorsed the Fossil Fuel Non-Proliferation Treaty initiative. They are at the forefront of a growing number of financial institutions joining the call for the Treaty and taking a significant step forward in a global effort to address the root cause of the climate crisis - the production and use of oil, gas and coal.

Key Points: 
  • While the Paris Agreement set a crucial global climate target, many governments continue to approve new coal, oil and gas projects.
  • The UNEP Production Gap Report 2023 warned that fossil fuel extraction plans undermine the world's chances of meeting our global climate targets.
  • According to the Banking on Climate Chaos report released in 2023, Since the Paris Agreement was signed, the world's banks have pumped $5.5 trillion into fossil fuels.
  • "The Fossil Fuel Treaty is a binding agreement, signaling that businesses are ready and willing to make this commitment.

Seventeen banks from the Global Alliance for Banking on Values join global call for binding Treaty to end use of fossil fuels

Retrieved on: 
月曜日, 4月 22, 2024

AMSTERDAM, April 22, 2024 /PRNewswire/ -- A group of seventeen leading banks from the Global Alliance for Banking on Values (GABV) have endorsed the Fossil Fuel Non-Proliferation Treaty initiative. They are at the forefront of a growing number of financial institutions joining the call for the Treaty and taking a significant step forward in a global effort to address the root cause of the climate crisis - the production and use of oil, gas and coal.

Key Points: 
  • While the Paris Agreement set a crucial global climate target, many governments continue to approve new coal, oil and gas projects.
  • The UNEP Production Gap Report 2023 warned that fossil fuel extraction plans undermine the world's chances of meeting our global climate targets.
  • According to the Banking on Climate Chaos report released in 2023, Since the Paris Agreement was signed, the world's banks have pumped $5.5 trillion into fossil fuels.
  • "The Fossil Fuel Treaty is a binding agreement, signaling that businesses are ready and willing to make this commitment.

Asset Integrity Management Market worth $31.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
火曜日, 4月 16, 2024

As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.

Key Points: 
  • As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.
  • Oil & gas industry holds for the largest share in asset integrity management market.
  • Oil and gas industry holds the largest share in the asset integrity management market due to its critical reliance on maintaining the integrity of complex infrastructure and equipment.
  • These players have a strong market presence of asset integrity management across various countries in North America, Europe, Asia Pacific and the Rest of the World (RoW).

Asset Integrity Management Market worth $31.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
火曜日, 4月 16, 2024

As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.

Key Points: 
  • As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.
  • Oil & gas industry holds for the largest share in asset integrity management market.
  • Oil and gas industry holds the largest share in the asset integrity management market due to its critical reliance on maintaining the integrity of complex infrastructure and equipment.
  • These players have a strong market presence of asset integrity management across various countries in North America, Europe, Asia Pacific and the Rest of the World (RoW).

Nova Industrial Analytics: Unveiling a New Era in Process Analytical Technology

Retrieved on: 
火曜日, 4月 9, 2024

"The rebranding to Nova Industrial Analytics is not just a change of name, but a reflection of our expanded mission to leverage advanced analytics in industrial applications," says Stefan Beck, CEO of Nova Industrial Analytics.

Key Points: 
  • "The rebranding to Nova Industrial Analytics is not just a change of name, but a reflection of our expanded mission to leverage advanced analytics in industrial applications," says Stefan Beck, CEO of Nova Industrial Analytics.
  • It also features a resource hub for clients and partners seeking to enhance their understanding of process analytical technology and its applications.
  • "Our decision to evolve into Nova Industrial Analytics is driven by our vision to push the boundaries of what is possible in industrial analytics," Beck added.
  • Nova Industrial Analytics, with its team of seasoned experts and global presence, is poised to lead the charge in transforming industrial processes through innovative analytical technologies.

MISTRAS Group Appoints New Chief Transformation Officer to Advance Business Transformation

Retrieved on: 
月曜日, 3月 25, 2024

Mr. Hammad will report to Mr. Manuel (Manny) N. Stamatakis, Chairman of the Board and Interim CEO of MISTRAS Group, Inc.

Key Points: 
  • Mr. Hammad will report to Mr. Manuel (Manny) N. Stamatakis, Chairman of the Board and Interim CEO of MISTRAS Group, Inc.
  • As the new CTO of MISTRAS Group, Mr. Hammad will continue to oversee the implementation and continuation of Project Phoenix.
  • Mr. Hammad expressed his enthusiasm for his new role, "I am thrilled to join MISTRAS Group at this pivotal moment.
  • As Mr. Hammad assumes his new role, MISTRAS Group looks forward to the innovative leadership and strategic initiatives he will bring.

Columbia Helicopters Appoints David Balevic as President & CEO

Retrieved on: 
火曜日, 3月 12, 2024

Columbia Helicopters (“Columbia” or the “Company”) announced today that David Balevic has been appointed President & CEO, effective immediately.

Key Points: 
  • Columbia Helicopters (“Columbia” or the “Company”) announced today that David Balevic has been appointed President & CEO, effective immediately.
  • Columbia Helicopters is a global leader in the heavy and super heavy-lift helicopter sector, with a more than 60-year track record of innovation, technological firsts, and industry milestones.
  • Balevic brings more than 35 years of leadership experience across the aviation industry to Columbia.
  • He previously spent eight years at CHC Helicopter, where he served as the Senior Vice President for Engineering & Operations before being promoted to President & CEO in August 2019.

C LADTEK GROUP: Building A Sustainability Future - 20 Years of Additive Innovation

Retrieved on: 
火曜日, 4月 2, 2024

The central theme of this 20th-anniversary celebration was "Building A Sustainable Future – 20 Years of Innovative Additions," highlighting the company's commitment to innovation and sustainability in product development.

Key Points: 
  • The central theme of this 20th-anniversary celebration was "Building A Sustainable Future – 20 Years of Innovative Additions," highlighting the company's commitment to innovation and sustainability in product development.
  • Cladtek uses Corrosion-Resistant Alloy (CRA) to manufacture mechanically lined pipe and weld overlay (Cladding) solutions specifically for the energy industry.
  • Celebrating its 20th year, Cladtek remains steadfast in its commitment to making a meaningful contribution to the energy transition.
  • We are very proud that this is being achieved by exporting Indonesian talent, technology and products from our home in Batam" exclaimed Lee Wilson.

Darcy Partners Announces Top Oil & Gas Innovators of 2023

Retrieved on: 
月曜日, 4月 1, 2024

HOUSTON, April 1, 2024 /PRNewswire/ -- Darcy Partners ("Darcy"), a leading provider of technology-focused market intelligence to the energy sector, recently announced awards for the Top Innovators across five key areas in the upstream Oil & Gas value chain.

Key Points: 
  • HOUSTON, April 1, 2024 /PRNewswire/ -- Darcy Partners ("Darcy"), a leading provider of technology-focused market intelligence to the energy sector, recently announced awards for the Top Innovators across five key areas in the upstream Oil & Gas value chain.
  • "We look at several metrics and internal data streams to create these awards," said Sami Sultan, Darcy's Oil & Gas and Sustainability Research Director.
  • "First, our Darcy Connect platform provides us with unique insight into which new technologies our oil & gas customers are assessing and which specific startup companies draw the most interest on our platform.
  • For a full list of Darcy's 'Best of 2023' Innovators in Oil & Gas, please see below: