Mercuria

ThinkLabs AI, Inc. Launches and Secures $5M Seed Investment to Develop Technology to Transform Critical Grid Operations

Retrieved on: 
木曜日, 5月 23, 2024
EV, Mercuria, Automation, Intelligence, Investment, General Electric, Workforce, Engineering, Ageing, AI, Physics, ADMS, Partner (business rank), Renewable energy

For example, EV charging and data centers are causing unpredictable congestions on the grid and causing grid reliability concerns.

Key Points: 
  • For example, EV charging and data centers are causing unpredictable congestions on the grid and causing grid reliability concerns.
  • By utilizing an AI copilot, grid conditions can be continuously monitored, violations detected, and solutions automatically recommended before problems occur.
  • "Our unique capability is in modeling real world phenomena governed by physics and engineering into its equivalent physics-informed AI digital twin, and providing a grid copilot for critical grid planning and operations."
  • “Maintaining grid stability is getting more complex, and more pivotal as we transition to cleaner, more abundant and variable sources of energy.

GeoPark Announces Acquisition of Working Interest in Four High Quality Adjacent Blocks in World Class Vaca Muerta

Retrieved on: 
月曜日, 5月 13, 2024
Oil, Gas, Energy, Partnership, RLI, Transport, Mercuria, Completion, D&C, Certification, Growth, Barrel, Hydrocarbon, Acquisition, PGR, Multimedia, P50, Eugene McDermott

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240513403777/en/
    The Vaca Muerta shale formation is the best onshore hydrocarbons play in Latin America today.
  • It holds an estimated 16 billion bbl of oil and 300+ Tcf of unconventional gas resources with less than 10% developed to date1
    Oil production from Vaca Muerta has grown almost 4x since 2019 to 352,715 bopd2.
  • We are particularly encouraged by achieving this strategic step change alongside PGR, a proven and established operator with world class shareholders and great success in efficiently developing and de-risking the unconventional opportunities in Vaca Muerta.”

CapturePoint Announces Agreements with Energy Transfer for Carbon Capture and Storage in Louisiana

Retrieved on: 
水曜日, 5月 8, 2024
Other Energy, Environment, Utilities, Oil, Gas, Alternative Energy, Energy, Transfer, Carbon, CPS, Geology, United, CENLA, Energy Transfer Partners, LOI, CCUS, Mercuria, CO2, Natural Resources

The companies also signed a definitive CO2 Offtake Agreement committing CO2 from Energy Transfer’s Haynesville natural gas treating facilities.

Key Points: 
  • The companies also signed a definitive CO2 Offtake Agreement committing CO2 from Energy Transfer’s Haynesville natural gas treating facilities.
  • The LOI also provides a framework for CapturePoint and Energy Transfer to collaborate regarding the capture and sequestration of additional CO2 from other Energy Transfer facilities in Louisiana.
  • These agreements provide the foundation for the capture and storage of up to two million tons of CO2 annually at the CENLA Hub.
  • “Energy Transfer is one of the largest and most diversified midstream energy companies in North America,” noted Tracy Evans, CEO of CapturePoint.

CapturePoint Closes 45Q Direct Transfer Tax Credit Transaction Associated With the Arkalon Co2 Capture Facility in Kansas

Retrieved on: 
月曜日, 3月 18, 2024
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Alternative Energy, Sustainability, Green Technology, Energy, Carbon, Transfer, Mercuria, CO2, Carbon dioxide, Marathon Capital, Landfill

“CapturePoint is at the leading edge of carbon management innovation in the United States,” said CEO Tracy Evans, “and our Arkalon CO2 capture facility and Panhandle CO2-EOR operations are helping the nation achieve important environmental and energy security goals. Our team is also developing expansive deep underground carbon storage sites – like our CPS Central Louisiana Regional Carbon Storage Hub -- to permanently and safely sequester much larger volumes of CO2 currently released into the atmosphere by industrial emitters.”

Key Points: 
  • The CapturePoint Arkalon CO2 capture facility has the capacity to capture 250,000 metric tons of CO2 annually from nearby bio-ethanol production.
  • The new Arkalon CO2 capture facility was placed in service in April 2023, generating Section 45Q tax credits for capturing and utilizing industrially sourced CO2 emissions.
  • The Tax Credit Transfer Agreement between CapturePoint and the buyer includes placement of 100% of the 45Q tax credits generated by the Arkalon facility for a total of 12 years.
  • “We were honored to support CapturePoint on one of the industry’s first Section 45Q tax credit transfer transactions for their Arkalon CO2 capture facility,” said Matthew Shanahan, Managing Director at Marathon Capital.

Aspen Power Adds Peter Sherk to Board of Directors

Retrieved on: 
水曜日, 2月 14, 2024
Green Technology, Alternative Energy, Energy, Environment, Utilities, Sherk, Imperial Oil, Senior, Multimedia, Investment, McGill University, Mercuria, Morgan Stanley, CO2, Economics, Management

Aspen Power , a leading distributed generation platform with a mission to accelerate and democratize decarbonization, today announced the addition of Peter Sherk to its Board of Directors.

Key Points: 
  • Aspen Power , a leading distributed generation platform with a mission to accelerate and democratize decarbonization, today announced the addition of Peter Sherk to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240214082388/en/
    Peter Sherk, Aspen Power Board Member (Photo: Business Wire)
    “Peter is a seasoned business leader who will help guide Aspen Power in delivering on its growth strategy,” said Jorge Vargas, Chief Executive Officer, Aspen Power.
  • “His financial acumen and his market perspective will be particularly relevant as Aspen Power continues to grow as a leading independent power producer,” he added.
  • “I’m pleased to join Aspen Power’s board at this important point in the company’s growth,” commented Sherk.

Zefiro Methane Corp. 2023 Year in Review: Scaling an Integrated Enterprise to Reduce Methane Emissions

Retrieved on: 
火曜日, 1月 9, 2024
Carbon, Commissioner, Natural Resources, Mercuria, METHANE, Biophysical environment, Methane, Public, Interior, Environmental protection, Conference, USD, Organization, Government, News, Infrastructure, Appetite, United, Renewable energy

October 2023: As a subcontractor to North Wind Site Services, LLC, Zefiro’s subsidiary Plants & Goodwin, Inc. completed the very first plugging operation of an orphaned gas well in New York State using federal funding.

Key Points: 
  • October 2023: As a subcontractor to North Wind Site Services, LLC, Zefiro’s subsidiary Plants & Goodwin, Inc. completed the very first plugging operation of an orphaned gas well in New York State using federal funding.
  • Please access the Investors section of the Company’s website for a version of this press release containing all published media.
  • The Environmental Protection Agency has indicated that methane emissions are at least 28 times more potent than carbon dioxide in terms of trapping heat in the atmosphere.
  • Additionally, unplugged wells that leak methane have been found to seriously threaten the environmental well-being of their surroundings, including public spaces, private properties, and local farmland .

Energy Capital Partners Acquires Triple Oak Power from EnCap Investments L.P.

Retrieved on: 
火曜日, 1月 9, 2024
Other Energy, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Wind, LLP, Natural Resources, Electricity, ECP, Partnership, Latham & Watkins, History, EnCap Investments, Partner, Marathon Capital, Mercuria, EnCap, Sidley Austin, Growth, Renewable energy

Energy Capital Partners (“ECP") today announced that it has acquired Triple Oak Power ("Triple Oak") from EnCap Energy Transition Fund I (“EnCap") and its co-investors, Yorktown Partners and Mercuria Energy.

Key Points: 
  • Energy Capital Partners (“ECP") today announced that it has acquired Triple Oak Power ("Triple Oak") from EnCap Energy Transition Fund I (“EnCap") and its co-investors, Yorktown Partners and Mercuria Energy.
  • "ECP is excited to work with Triple Oak Power to execute our shared mission of delivering cost-effective, clean energy to consumers," said Schuyler Coppedge, Partner at ECP.
  • "We are proud of the platform that the Triple Oak team has created alongside our partner, EnCap, and we are thrilled to partner with ECP in the next chapter of growth for Triple Oak Power," said Jesse Gronner, CEO of Triple Oak.
  • Marathon Capital acted as the exclusive financial advisor to EnCap and Triple Oak on the transaction, and Sidley Austin LLP served as legal counsel to EnCap and Triple Oak.

Global Commodity Digital Trader 'Open Mineral Ltd' Appoints Chief Financial Officer

Retrieved on: 
日曜日, 12月 17, 2023
Social, Mercuria, Corporation, Mineral, CFO, EY, Growth, GCC, Environment, Corporate finance, ESG, Cryptocurrency, Entrepreneurship, Accounting, Kingdom

Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.

Key Points: 
  • Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.
  • And with the world's economies continuing to advance amid volatility, and global trade headwinds impacting our GCC region, the need for a CFO with an evolved skillset and mindset like Miguel is invaluable."
  • Prior to joining Open Mineral, he was Chief Executive Officer at TF Cargoes, and held senior positions in several leading commodity companies and large MNCs including Trafigura, Mercuria Energy Trading SA, Hartree Partners, and EY.
  • Miguel holds an MBA (Finance, Accounting, and Entrepreneurship) from The Wharton School.

Global Commodity Digital Trader 'Open Mineral Ltd' Appoints Chief Financial Officer

Retrieved on: 
日曜日, 12月 17, 2023
Social, Mercuria, Corporation, Mineral, CFO, EY, Growth, GCC, Environment, Corporate finance, ESG, Cryptocurrency, Entrepreneurship, Accounting, Kingdom

Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.

Key Points: 
  • Abu Dhabi, UAE, Dec. 17, 2023 /PRNewswire/ -- Abu Dhabi based critical minerals commodity digital trader and market intelligence house 'Open Mineral Ltd' is pleased to announce the Board's appointment of Miguel Pacheco, as its new Chief Financial Officer.
  • And with the world's economies continuing to advance amid volatility, and global trade headwinds impacting our GCC region, the need for a CFO with an evolved skillset and mindset like Miguel is invaluable."
  • Prior to joining Open Mineral, he was Chief Executive Officer at TF Cargoes, and held senior positions in several leading commodity companies and large MNCs including Trafigura, Mercuria Energy Trading SA, Hartree Partners, and EY.
  • Miguel holds an MBA (Finance, Accounting, and Entrepreneurship) from The Wharton School.

Exergyn sets new boundaries in solid-state refrigerant technology

Retrieved on: 
金曜日, 9月 8, 2023
SMA, Maintenance, Climate, Radiation, Food, Hydrofluorocarbon, Montreal, Spinal muscular atrophies, Montreal Protocol, CCAC, Air conditioning, Refrigeration, Ozone, Temperature, CFC, Carbon, GWP, Ventilation, COP, Kigali, Kigali Amendment, National academy, Climate change, HFC, Developed country, Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants, HVACR, Science, Heat, Health, Global warming potential, Greenhouse, Safety, Heating, ventilation, and air conditioning, Renewable energy, Propane, Lacerta, Mercuria

DUBLIN, Sept. 8, 2023 /PRNewswire/ -- With global surface temperatures soaring past highs not seen for millennia, the need for climate-friendly cooling has never been greater. Increasingly frequent events directly linked to climate change are drawing attention to the damaging effects of traditional refrigerant gases in heating, cooling, air conditioning, and refrigeration products. Exergyn, a leading technology firm, is on track to mitigate these issues by deploying its unique solid-state cooling technology based on shape memory alloys (SMAs). 

Key Points: 
  • Increasingly frequent events directly linked to climate change are drawing attention to the damaging effects of traditional refrigerant gases in heating, cooling, air conditioning, and refrigeration products.
  • Exergyn, a leading technology firm, is on track to mitigate these issues by deploying its unique solid-state cooling technology based on shape memory alloys (SMAs).
  • "We are now producing SMA material with performance factors beyond anything that has been achieved before in the SMA domain," said Exergyn co-founder and CEO Dr. Kevin O'Toole.
  • "Exergyn's solid state refrigerant technology is the kind of breakthrough the Kigali Amendment was intended to create," O'Toole said.