Natural gas

VENTURE GLOBAL ANNOUNCES SUCCESSFUL ROOF RAISING FOR FIRST LNG STORAGE TANK AT PLAQUEMINES LNG

Retrieved on: 
Monday, February 27, 2023

ARLINGTON, Va., Feb. 27, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the successful raising of the roof of the first LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana.

Key Points: 
  • ARLINGTON, Va., Feb. 27, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the successful raising of the roof of the first LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana.
  • "I would like to thank both our team and partners at CB&I for the safe and successful roof raising of the first tank at Plaquemines LNG, an exciting milestone in the construction of our second LNG export facility," said Mike Sabel, CEO of Venture Global LNG.
  • This is the first tank of four in total for Plaquemines LNG.
  • The tank dome was raised in 85 minutes using 0.3 psi of pressure underneath the roof.

Industrial Energy Management Systems (IEMS) Global Market Report 2023: Efforts to Curb Carbon Emissions Provides Regulatory Driven Stability to IEMS Deployments

Retrieved on: 
Monday, February 27, 2023

In a Biggest Setback Ever for the Environment, Misguided Government COVID-19 Response of Bailing Out Polluting Industries & Rolling Back Emission Standards Threatens to Worsen Climate Change Risks

Key Points: 
  • In a Biggest Setback Ever for the Environment, Misguided Government COVID-19 Response of Bailing Out Polluting Industries & Rolling Back Emission Standards Threatens to Worsen Climate Change Risks
    COVID-19 Induced Reduction in Emissions as a Result of Lockdowns & Lower Industrial Output Was Just a Temporary Distraction, Masking the Brewing of a More Polluted Future
    Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % Share of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
    Shrinking Disposable Incomes Impact Consumer Demand for Electronics & Prospects for IEMS in this Sector: Global 1Q Sell-In Shipments of Electronic Products Estimated in Jan 2020 Vs March 2020 (In Million Units)
    Automobile Production % YoY Change Across Select Countries: 2020 Vs 2019
    Caught in the COVID-19 Storm Troubled & Distressed Oil & Gas Companies Slash CAPEX, Disrupting Opportunities for IEMS
    CAPEX Cuts in the O&G Industry Puts Investments on IEMS Into the Back Burner: Global Oil & Gas E&P Industry Spending (2015-2021E)
    Despite Moves to Reopen the Economy, Battered Business Confidence Plummets to New Depths: Business Confidence Index (BCI) Points
    Primary Energy Demand Slumps in the Year 2020 as COVID-19 Wreaks Havoc On Business-As-Usual Business Environment: % Change in Global Primary Energy Demand by Energy Type 2019 Vs 2020
    Global Energy Production by Energy Source (2030 & 2040): Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share for Petroleum, Nuclear, Natural Gas, Coal and Renewables
    The World is Wasting More Energy than It Uses Even as Global Leaders Strategize to Reduce Carbon Emissions & Climate Change.
  • The Time is Now Right for Energy Efficiency Solutions: Energy Use Efficiency & Wastages in the U.S. (In Quadrillion British Thermal Units)
    Tighter & Stricter Regulations Post COVID-19 Will Be Essential to Curb Carbon Emissions, Providing Regulatory Driven Stability to IEMS Deployments
    Commercial Real Estate Energy Management: Latest Technology Trends
    Automation in the Absence of IEMS.
  • Can It Guarantee Energy Efficiency?
  • Ability of IoT Powered Energy Management Systems to Predict Consumption & Spending Spurs Interest in the Technology: Global Industrial IoT Market (In US$ Billion)
    Despite Technology Innovations & Falling Costs of Renewables, Energy Prices Continues to Rise, Strengthening the Business Case for IEMS
    Rising Electricity Prices Amid a Tough Economic & Business Climate Step Up the Pressure to Achieve Energy Savings Via Efficiency Improvements: Global Electricity Prices (In US$ Per Kilowatt Hour) for the Years 2018, 2020 and 2022 by Country
    Post COVID-19 Emphasis on Building Smart Cities, Will Widen the Role of Energy Management Systems in Smart Grids
    Intelligent Data Feedback Offered by Smart Meters to Remote Centers to Benefit Deployment of More Proactive Energy Management Systems: Global Market for Smart Electricity Meters (In US$ Million) for the Years 2020, 2022, 2024, 2027 by Geographic Region/Country
    At a Time When Automation & Remote Enablement Are Becoming Vital Platforms for Supporting a Digital Workforce, Cloud Based Energy Management is Growing Strong

VENTURE GLOBAL ANNOUNCES SUCCESSFUL ROOF RAISING FOR FIRST LNG STORAGE TANK AT PLAQUEMINES LNG

Retrieved on: 
Monday, February 27, 2023

ARLINGTON, Va., Feb. 27, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the successful raising of the roof of the first LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana.

Key Points: 
  • ARLINGTON, Va., Feb. 27, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the successful raising of the roof of the first LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana.
  • "I would like to thank both our team and partners at CB&I for the safe and successful roof raising of the first tank at Plaquemines LNG, an exciting milestone in the construction of our second LNG export facility," said Mike Sabel, CEO of Venture Global LNG.
  • This is the first tank of four in total for Plaquemines LNG.
  • The tank dome was raised in 85 minutes using 0.3 psi of pressure underneath the roof.

PCI Receives Triple Certification Renewal for Use of Sustainably Sourced Papers

Retrieved on: 
Monday, February 27, 2023

The Company’s subsidiary Original Impressions was the first print, mail + marketing company in Florida to receive the triple certification status 15 years ago and each year undergoes a renewal audit conducted by Bureau Veritas , a world leader in laboratory testing, inspection and certification services.

Key Points: 
  • The Company’s subsidiary Original Impressions was the first print, mail + marketing company in Florida to receive the triple certification status 15 years ago and each year undergoes a renewal audit conducted by Bureau Veritas , a world leader in laboratory testing, inspection and certification services.
  • View the full release here: https://www.businesswire.com/news/home/20230227005076/en/
    “At PCI, our commitment to sustainability is about more than meeting sustainability goals.
  • “Our efforts reflect our growing commitment to leveraging sustainably sourced papers, energy efficient equipment, zero or low VOC inks, an eco-friendly delivery fleet and so much more.
  • Continually review conversation approaches that consider the entire ecosystem, which is vital for the current and future success of business

Harvest Midstream Announces Agreement to Purchase Paradigm Midstream, LLC

Retrieved on: 
Monday, February 27, 2023

Today, Harvest Midstream (Harvest) announced the signing of a purchase and sale agreement with Ares Management funds for Paradigm Midstream, LLC.

Key Points: 
  • Today, Harvest Midstream (Harvest) announced the signing of a purchase and sale agreement with Ares Management funds for Paradigm Midstream, LLC.
  • “The Paradigm Systems are a perfect fit for Harvest’s expanding network of first-class midstream assets,” said Harvest CEO Jason C. Rebrook.
  • The Bakken assets transport nearly 100,000 barrels of oil per day and approximately 75 MMcf/d of natural gas.
  • Harvest Midstream is a privately held midstream service provider based in Houston, TX that operates various crude oil and natural gas gathering, storage, transportation, treatment and terminalling assets across the United States.

Methanex and MOL Complete First-Ever Net-Zero Voyage Fuelled by Bio-Methanol

Retrieved on: 
Monday, February 27, 2023

VANCOUVER, British Columbia and TOKYO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (Methanex) and Mitsui O.S.K.

Key Points: 
  • VANCOUVER, British Columbia and TOKYO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (Methanex) and Mitsui O.S.K.
  • Lines, Ltd. (MOL) are pleased to announce the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fuelled by bio-methanol.
  • The voyage is an example of how Methanex and MOL are collaborating to demonstrate the viability of methanol as a marine fuel with a pathway to net-zero emissions.
  • “MOL, as a pioneering shipping company, is committed to reducing the environmental impact of the shipping sector.

North American Helium Successfully Brings Newest Helium Facilities into Production

Retrieved on: 
Monday, February 27, 2023

North American Helium Inc. (“NAH” or the “Company”) today announced that in late 2022 and January of 2023 it successfully brought two additional helium purification facilities on production.

Key Points: 
  • North American Helium Inc. (“NAH” or the “Company”) today announced that in late 2022 and January of 2023 it successfully brought two additional helium purification facilities on production.
  • View the full release here: https://www.businesswire.com/news/home/20230227005176/en/
    One of North American Helium's trailers arriving onsite for a purified helium refill in SW Saskatchewan.
  • With the commissioning of these newest helium production facilities, we’ve done that.
  • NAH now has five helium production facilities in operation and this sets the Company up to significantly grow production again in 2023.

EQS-News: African Energy Chamber: What Namibia can learn from Qatar on Gas Development and Monetization

Retrieved on: 
Monday, February 27, 2023

Today, I’m particularly encouraged that Namibia, home to several massive oil and gas discoveries in recent years, is building a solid business relationship with Qatar.

Key Points: 
  • Today, I’m particularly encouraged that Namibia, home to several massive oil and gas discoveries in recent years, is building a solid business relationship with Qatar.
  • For Namibia, natural gas production is a highly promising opportunity to grow and diversify its economy and create energy security.
  • Meanwhile, I strongly encourage Namibia to delve deeply into Qatar’s history of natural gas production and monetization and learn from its accomplishments.
  • Alweendo’s pragmatic commonsense approach to energy development can also be a plus as he engages with Qatar or the International Oil Companies.

SDG&E ANNOUNCES $16 MILLION IN RELIEF FOR CUSTOMERS AND COMMUNITY ASSISTANCE FUNDING

Retrieved on: 
Monday, February 27, 2023

SAN DIEGO, Feb. 27, 2023 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) announced today that it is providing $16 million in shareholder funding to help customers with bill assistance and bolster community resources for residents who may be struggling financially. 

Key Points: 
  • SAN DIEGO, Feb. 27, 2023 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) announced today that it is providing $16 million in shareholder funding to help customers with bill assistance and bolster community resources for residents who may be struggling financially.
  • As part of this commitment, SDG&E will fund a new $10 million program to support local nonprofit, community-based organizations (CBOs) that provide essential services to vulnerable customers.
  • This additional funding will continue our efforts in assisting customers experiencing hardships."
  • Customers are encouraged to call 2-1-1 San Diego or 2-1-1 Orange County for assistance with the program.

SoCalGas Announces $10 Million to Support Low-Income Families, Seniors and Small Restaurant Owners Impacted by Unprecedented Regional Gas Market Prices

Retrieved on: 
Monday, February 27, 2023

LOS ANGELES, Feb. 27, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced $10 million in shareholder funding to help customers with bill assistance and to bolster community resources for those who may be struggling financially.

Key Points: 
  • "This winter's unprecedented natural gas prices, on top of already high inflation, have been a real hardship for many Southern Californians, especially our most vulnerable, our seniors, and people facing difficult circumstances," said SoCalGas CEO, Scott Drury.
  • I continue looking forward to what soon may be a return to more normal natural gas prices."
  • After a significant drop in February from January's unprecedented natural gas commodity prices, market prices for March 2023 usage are currently forecasted to be significantly lower than February's prices.
  • In light of unprecedented market conditions, the California Public Utilities Commission voted earlier this month to accelerate the California Climate Credit.