Natural gas

ADM, Gevo Sign MoU to Produce up to 500M Gallons of Sustainable Aviation Fuel

Monday, October 25, 2021 - 2:00pm

The MoU contemplates the production of both ethanol and isobutanol that would then be transformed into renewable low carbon-footprint hydrocarbons, including SAF, using Gevos processing technology and capabilities.

Key Points: 
  • The MoU contemplates the production of both ethanol and isobutanol that would then be transformed into renewable low carbon-footprint hydrocarbons, including SAF, using Gevos processing technology and capabilities.
  • The isobutanol is expected to be produced at a proposed new facility in Decatur that would employ ADMs carbon capture and sequestration capabilities.
  • The technology to convert low carbon ethanol and isobutanol into SAF by Gevo is well developed and ready for world scale-commercialization.
  • Certain statements in this press release may constitute forward-looking statements regarding Gevo, Inc. (Gevo) within the meaning of the Private Securities Litigation Reform Act of 1995.

Mexico Pacific Limited Announces Collaboration with ConocoPhillips LNG Licensing and Bechtel to Champion Low Carbon LNG

Monday, October 25, 2021 - 2:00pm

The collaboration will seek to further reduce baseline emissions by exploring energy transition and greenhouse gas emission reduction technologies developed by ConocoPhillips LNG Licensing and designed by Bechtel in a cost efficient and competitive manner.

Key Points: 
  • The collaboration will seek to further reduce baseline emissions by exploring energy transition and greenhouse gas emission reduction technologies developed by ConocoPhillips LNG Licensing and designed by Bechtel in a cost efficient and competitive manner.
  • "LNG plays a significant role in the global energy transition," said Douglas Shanda, Chief Executive Officer and President of MPL.
  • "ConocoPhillips is pleased to support MPL and Bechtel in designing LNG trains for the MPL LNG Project based on the high efficiency OCP Pro technology that includes our latest low carbon design and operating features," said Mike Culligan, manager of ConocoPhillips LNG Technology and Licensing.
  • "LNG plays an important role in the global energy transition to lower carbon solutions, and Bechtel is proud of its historical and ongoing participation in the LNG industry.

ADM, Gevo Sign MoU to Produce up to 500M Gallons of Sustainable Aviation Fuel

Monday, October 25, 2021 - 2:00pm

Were a global leader in human and animal nutrition and the worlds premier agricultural origination and processing company.

Key Points: 
  • Were a global leader in human and animal nutrition and the worlds premier agricultural origination and processing company.
  • Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more.
  • From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over.
  • Certain statements in this press release may constitute forward-looking statements regarding Gevo, Inc. (Gevo) within the meaning of the Private Securities Litigation Reform Act of 1995.

Creek Road Miners Announces Its First Cryptocurrency Revenue at Commercial Scale

Monday, October 25, 2021 - 2:00pm

Creek Road Miners, Inc. (OTCQB:CRKR) (Creek Road Miners, or Company) today announces the completion and deployment of its inaugural commercial-scale cryptocurrency mining facility.

Key Points: 
  • Creek Road Miners, Inc. (OTCQB:CRKR) (Creek Road Miners, or Company) today announces the completion and deployment of its inaugural commercial-scale cryptocurrency mining facility.
  • With the launch of its operations, the Company is mining at a rate of 16 Petahash (Ph/s) per second and has now recognized its first Bitcoin revenue.
  • The container is engineered to withstand the elements while channeling the significant power required for operations and providing the airflow necessary for cooling.
  • When set up on water, the operations can be moved anywhere a barge can travel, giving Creek Road Miners the ability to leverage otherwise neglected energy sources.

Cheniere and Glencore Sign Long-Term LNG Sale and Purchase Agreement

Monday, October 25, 2021 - 1:30pm

Cheniere Energy, Inc. (Cheniere or the Company) (NYSE American: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (Cheniere Marketing), has entered into a binding liquefied natural gas (LNG) sale and purchase agreement (SPA) with a subsidiary of Glencore plc (Glencore).

Key Points: 
  • Cheniere Energy, Inc. (Cheniere or the Company) (NYSE American: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (Cheniere Marketing), has entered into a binding liquefied natural gas (LNG) sale and purchase agreement (SPA) with a subsidiary of Glencore plc (Glencore).
  • The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee.
  • This agreement once again reinforces Chenieres position as a leading global LNG provider, and we look forward to a successful long-term relationship with Glencore.
  • Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery.

Cyber Intelligence Expert's Firm Launches New Security Tool to Detect and Defend Threats to Critical National Infrastructure

Monday, October 25, 2021 - 1:38pm

"The Memorandum establishes a voluntary initiative intended to drive collaboration between the federal government and the critical infrastructure community to improve the cybersecurity of control systems.

Key Points: 
  • "The Memorandum establishes a voluntary initiative intended to drive collaboration between the federal government and the critical infrastructure community to improve the cybersecurity of control systems.
  • VAULT Systems can help the critical infrastructure community improve their cybersecurity posture," said The Bellwether Group CEO and founder Tim Teal.
  • Teal recently retired from the U.S. Cyber Command as the Director of J6/J8/J9 of the Cyber National Mission Force at US Cybercommand.
  • This background and knowledge of cyber operations and defense enables The Bellwether Group to add unparalleled tools and capabilities to protect critical infrastructure.

NFI receives orders for 173 coaches and buses from New Jersey Transit

Monday, October 25, 2021 - 12:30pm

The orders propel NJ TRANSITs fleet revitalization plan, replacing older, end-of-life vehicles and enhancing the passenger experience in the New Jersey community.

Key Points: 
  • The orders propel NJ TRANSITs fleet revitalization plan, replacing older, end-of-life vehicles and enhancing the passenger experience in the New Jersey community.
  • NJ TRANSIT is Americas third-largest public transit agency, connecting New Jersey, New York and Philadelphia and providing nearly 270 million passenger trips every year.
  • NFI continues to deliver the most advanced technology and proven transit platforms available in North America, said Paul Soubry, President and Chief Executive Officer, NFI.
  • With zero-emission buses and coaches, infrastructure, and technology, NFI meets todays urban demands for scalable smart mobility solutions.

Summit Midstream Partners, LP Schedules Third Quarter 2021 Earnings Call

Monday, October 25, 2021 - 11:45am

HOUSTON, Oct. 25, 2021 /PRNewswire/ --Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the third quarter of 2021 on Thursday, November 4, 2021, before the start of trading on the New York Stock Exchange.

Key Points: 
  • HOUSTON, Oct. 25, 2021 /PRNewswire/ --Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the third quarter of 2021 on Thursday, November 4, 2021, before the start of trading on the New York Stock Exchange.
  • SMLP will host a conference call at 10:00 a.m. Eastern on Thursday, November 4, 2021, to discuss its quarterly operating and financial results.
  • Interested parties may participate in the call by dialing 847-585-4405 or toll-free 888-771-4371 and entering the passcode 50239464.
  • The conference call, live webcast and archive of the call can be accessed through the Investors section of SMLP's website at www.summitmidstream.com .

KBR Appoints Sonia Galindo as General Counsel

Monday, October 25, 2021 - 11:00am

HOUSTON, Oct. 25, 2021 /PRNewswire/ -- KBR (NYSE: KBR) announced today the appointment of Sonia Galindo as Executive Vice President and General Counsel.

Key Points: 
  • HOUSTON, Oct. 25, 2021 /PRNewswire/ -- KBR (NYSE: KBR) announced today the appointment of Sonia Galindo as Executive Vice President and General Counsel.
  • Ms. Galindo joins KBR from FLIR Systems, Inc. (now, Teledyne F LLC, a subsidiary of Teledyne Technologies), a global technology company with applications in government & defense, industrial, and commercial markets, where she served as Senior Vice President, General Counsel, Secretary, and Chief Ethics and Compliance Officer.
  • Prior to FLIR, Ms. Galindo served as General Counsel and Corporate Secretary at Rosetta Stone Inc., an education technology software company.
  • Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Sprague Resources LP Announces Cash Distribution for the Third Quarter of 2021 and Earnings Conference Call Schedule

Monday, October 25, 2021 - 11:00am

PORTSMOUTH, N.H., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Sprague Resources LP (Sprague) (NYSE: SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC (the General Partner), declared a cash distribution of $0.4338 ($1.73 per unit on an annualized basis) for the quarter ended September30, 2021.

Key Points: 
  • PORTSMOUTH, N.H., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Sprague Resources LP (Sprague) (NYSE: SRLP) announced today that the Board of Directors of its general partner, Sprague Resources GP LLC (the General Partner), declared a cash distribution of $0.4338 ($1.73 per unit on an annualized basis) for the quarter ended September30, 2021.
  • The reduction will provide approximately $25 million annually in direct cash flow to invest in accretive growth projects while significantly boosting Spragues distribution coverage ratio.
  • The announced distribution will be paid on Wednesday, November 10, 2021 to unitholders of record as of the close of business on November 5, 2021.
  • Sprague Resources LP is engaged in the purchase, storage, distribution and sale of refined petroleum products and natural gas.