Fuels

PowerTap’s use of Renewable Natural Gas significantly increases its carbon credit potential under California’s Low Carbon Fuel Standard Carbon Credit Program

Friday, May 14, 2021 - 9:01pm

The Company is pleased to provide an update on plans for its wholly-owned subsidiary, PowerTap, to participate in the California Low Carbon Fuel Standard (\xe2\x80\x9cLCFS\xe2\x80\x9d) Carbon Credit program.

Key Points: 
  • The Company is pleased to provide an update on plans for its wholly-owned subsidiary, PowerTap, to participate in the California Low Carbon Fuel Standard (\xe2\x80\x9cLCFS\xe2\x80\x9d) Carbon Credit program.
  • PowerTap is eligible to earn LCFS credits as soon as PowerTap installs its fueling units and makes them accessible to the public.
  • California\'s LCFS market may be one of most unique Carbon emission credit trading programs, reflecting California\xe2\x80\x99s commitment to greenhouse gas reductions.
  • The LCFS Carbon Credit program is described in more detail in our press release of December 15, 2020 and on the California Air Resources Board website, https://ww2.arb.ca.gov/our-work/programs/low-carbon-fuel-standard .

STEP Energy Services Ltd. Announces Annual General and Special Meeting Voting Results

Friday, May 14, 2021 - 4:08pm

b'STEP is an oilfield service company that provides stand-alone and fully integrated fracturing, coiled tubing and wireline solutions.

Key Points: 
  • b'STEP is an oilfield service company that provides stand-alone and fully integrated fracturing, coiled tubing and wireline solutions.
  • Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals and higher pressures.\nFounded in 2011 as a specialized deep capacity coiled tubing company, STEP now provides an integrated solution for deep capacity coiled tubing and fracturing services to exploration and production (\xe2\x80\x9cE&P\xe2\x80\x9d) companies in Canada and the United States (\xe2\x80\x9cU.S.\xe2\x80\x9d).
  • Our Canadian services are focused in the WCSB, while in the U.S., our services are focused in the Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.\nOur four core values; Safety, Trust, Execution and Possibilities inspire our team of professionals to provide differentiated levels of service, with a goal of flawless execution and an unwavering focus on safety.\nFor more information please contact:\n'

Arcimoto’s Douglas Campoli Named CFO of the Year by Portland Business Journal

Friday, May 14, 2021 - 4:41pm

b'Arcimoto , Inc.\xc2\xae (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category.

Key Points: 
  • b'Arcimoto , Inc.\xc2\xae (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category.
  • This annual award gives recognition to those financial professionals in Oregon and Southwest Washington.\nDoug has served as Arcimoto\xe2\x80\x99s CFO since 2015.
  • In his role, he has managed the company\xe2\x80\x99s accounting, finance and treasury departments.
  • As a strategic leader, he built financial processes, systems, policies and corporate governance committees from the ground up.

QuantumScape and Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

Friday, May 14, 2021 - 1:48pm

b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.

Key Points: 
  • b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.
  • The companies currently contemplate Salzgitter, Germany for the location.\nThe pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries.
  • QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.\n\xe2\x80\x9cOur goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,\xe2\x80\x9d said Jagdeep Singh, CEO and co-founder of QuantumScape.
  • In its Q1 Shareholder Letter , QuantumScape highlighted progress on that front as well, securing a facility in San Jose to house the QS-0 line.

GasLog Ltd. Declares Dividend on Series A Preference Shares

Friday, May 14, 2021 - 12:00pm

b'GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain.

Key Points: 
  • b'GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain.
  • GasLog\xe2\x80\x99s consolidated fleet consists of 35 LNG carriers.
  • Of these vessels, 17 (15 on the water and two on order) are owned by GasLog, three have been sold to a subsidiary of Mitsui & Co. Ltd. to CMBFL and ICBC respectively, and leased back by GasLog under long-term bareboat charters and the remaining 15 LNG carriers are owned by the Company\xe2\x80\x99s subsidiary, GasLog Partners.
  • GasLog\xe2\x80\x99s principal executive offices are at 69 Akti Miaouli, 18537 Piraeus, Greece.

ChargePoint to Announce First Quarter Financial Results on June 3, 2021

Thursday, May 13, 2021 - 10:09pm

b'ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (\xe2\x80\x9cEV\xe2\x80\x9d) charging network, today announced it will release financial results for the first quarter ended April 30, 2021, after market close on Thursday, June 3, 2021.

Key Points: 
  • b'ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (\xe2\x80\x9cEV\xe2\x80\x9d) charging network, today announced it will release financial results for the first quarter ended April 30, 2021, after market close on Thursday, June 3, 2021.
  • Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe.
  • To date, more than 90 million charging sessions have been delivered, with drivers plugging into the ChargePoint network approximately every two seconds.
  • For more information, visit the ChargePoint pressroom , the ChargePoint Investor Relations site, or contact ChargePoint\xe2\x80\x99s North American or European press offices or the Investor Relations team.\n'

KinerjaPay Corp. Received Payment from Its First Shipment of Steam Coal

Thursday, May 13, 2021 - 4:00pm

KinerjaPay Indonesia, to include mineral and commodity trading such as coal and other general commodities, today announced that the Company has received its payment from the first shipment of steam coal bound to China.

Key Points: 
  • KinerjaPay Indonesia, to include mineral and commodity trading such as coal and other general commodities, today announced that the Company has received its payment from the first shipment of steam coal bound to China.
  • However due to the week-long holiday, the Company has requested the loading commencement schedule to be postponed to until May 25th 2021.
  • The Company is confident that the business of coal shipment will continue to be the main revenue stream as the demand for coal in China is increasing rapidly.
  • Based inIndonesia, the Company provides an easy and convenient payment solution while shopping online at its marketplace platform.

Leading CEO’s Ask Newsom to Dedicate $500 Million in Hydrogen Infrastructure Funds as Part of Zero Emission Vehicle Plan

Thursday, May 13, 2021 - 2:02pm

b'In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State.\n\xe2\x80\x9cAt this still early stage in market development, the signal California sends on hydrogen will impact private investment decisions.

Key Points: 
  • b'In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State.\n\xe2\x80\x9cAt this still early stage in market development, the signal California sends on hydrogen will impact private investment decisions.
  • We look forward to partnering with you and your Administration on its development and look forward to working together to achieve our shared goals,\xe2\x80\x9d they wrote.\nSpecifically, the companies called on Governor Newsom to boost funding in the state\xe2\x80\x99s Clean Transportation Program reauthorization.
  • That figure represents just 7 percent of total zero emission infrastructure spending, according to the California Hydrogen Coalition.\nTo become mainstream, the hydrogen economy cannot be based on subsidies, note the executives, and sustainable markets must be created.
  • By 2050, hydrogen could enable a market of $750 billion per year with 3.4 million new jobs.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005352/en/\n'

New Management Appointments in Golar LNG Ltd.

Thursday, May 13, 2021 - 2:05pm

b'The board of Golar LNG Limited ("Golar") is pleased to announce that they have appointed Mr. Karl Fredrik Staubo as the new Chief Executive Officer of the company in their board meeting on 13th\xc2\xa0May 2021.\xc2\xa0Mr.

Key Points: 
  • b'The board of Golar LNG Limited ("Golar") is pleased to announce that they have appointed Mr. Karl Fredrik Staubo as the new Chief Executive Officer of the company in their board meeting on 13th\xc2\xa0May 2021.\xc2\xa0Mr.
  • Staubo has since May 2020 been the Chief Executive Officer of Golar LNG Partners LP, recently successfully sold to New Fortress Energy.\xc2\xa0Since September 2020 Mr. Staubo has also been acting as Chief Financial Officer of Golar.
  • Maranhao has\xc2\xa0since 2015 been supporting Golar in different functions including as Chief Financial Officer of Golar Power/Hygo Energy Transition Limited until its recent sale to New Fortress Energy.
  • Golar LNG undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.\n'

ELMS to Participate at Wolfe Research Transportation and Industrials Conference

Thursday, May 13, 2021 - 12:00pm

b'Electric Last Mile, Inc. (\xe2\x80\x9cELMS\xe2\x80\x9d), a commercial electric vehicle company focused on last-mile delivery solutions, announced today that Co-Founder and CEO James Taylor will participate in the Wolfe Research Transportation and Industrials Conference.\nMr.

Key Points: 
  • b'Electric Last Mile, Inc. (\xe2\x80\x9cELMS\xe2\x80\x9d), a commercial electric vehicle company focused on last-mile delivery solutions, announced today that Co-Founder and CEO James Taylor will participate in the Wolfe Research Transportation and Industrials Conference.\nMr.
  • ELMS\xe2\x80\x99 first vehicle, the Urban Delivery, is anticipated to be the first class 1 electric vehicle in the U.S. market.
  • These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
  • Forum and ELMS caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.