Petro

Chevron Lummus Global and TAQAT Announce License and Engineering Agreement for Needle Coke/Synthetic Graphite Complex

Retrieved on: 
Thursday, May 25, 2023

RICHMOND, Calif., May 25, 2023 /PRNewswire/ -- Chevron Lummus Global LLC (CLG) announced a recent contract award from TAQAT Development Company for a new 75,000 TPA needle coke/synthetic graphite complex in Rabigh, Saudi Arabia.

Key Points: 
  • RICHMOND, Calif., May 25, 2023 /PRNewswire/ -- Chevron Lummus Global LLC (CLG) announced a recent contract award from TAQAT Development Company for a new 75,000 TPA needle coke/synthetic graphite complex in Rabigh, Saudi Arabia.
  • Under the agreement, Chevron Lummus Global will provide pilot plant testing, licensing, basic design, and additional engineering and operations support.
  • The grassroots complex will utilize CLG's two-step coking process to convert feedstock streams, which would otherwise be used as fuel oil, into high-quality needle coke, and synthetic graphite.
  • It has proven to be a superior option for converting heavy feedstocks into in-demand products like needle coke and synthetic graphite.

Power Leaves Corp. Announces Successful Visit by Colombian Vice President to Cohetando Facility

Retrieved on: 
Wednesday, May 17, 2023

TORONTO, May 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Power Leaves Corp. (“PLC”), a manufacturer of decocainized coca leaf extract, announces a successful visit by the Vice President of Colombia, Francia Marquez, to our Cohetando facility, operated in partnership with the Indigenous Foundation of the Colombian Andes (“NASA”) to present our decocainization process and facilities. 

Key Points: 
  • Vice President Marquez was accompanied by Congressmen, the Vice Minister of Justice, INVIMA officials, and civil and military authorities.
  • Vice President Marquez was named one of the 25 most influential women in the world by the Financial Times and was also the winner of the Goldman Environmental Prize.
  • “We were pleased to welcome Vice President Marquez to the Cohetando facility for a tour and in-depth discussions with our partners, the NASA Indigenous Community,” commented Pat McCutcheon, PLC Co-Founder & CEO.
  • PLC is working with the NASA community to end those supply chain constraints and unlock the power of coca for the masses.

TravelCenters of America Inc. Announces Intention to Delist 8.25% Senior Notes Due 2028, 8.00% Senior Notes Due 2029, and 8.00% Senior Notes Due 2030 (Nasdaq: TANNI; TANNL; TANNZ) from the Nasdaq

Retrieved on: 
Tuesday, May 16, 2023

As a result, TA expects the delisting of the Notes to become effective on or about June 5, 2023, from which time the Notes will no longer be listed on the Nasdaq.

Key Points: 
  • As a result, TA expects the delisting of the Notes to become effective on or about June 5, 2023, from which time the Notes will no longer be listed on the Nasdaq.
  • TA has not made arrangements for the listing and/or registration of the Notes on another national securities exchange or quotation medium.
  • TA announced today that it will redeem all of the Notes outstanding on June 15, 2023 (the "Redemption Date").
  • TA has instructed the trustee for the Notes, U.S. Bank National Association (the "Trustee"), to distribute a notice of redemption to all registered holders of the Notes.

Woolworths and First Insight Announce New Strategic Partnership

Retrieved on: 
Monday, May 15, 2023

Woolworths announced today that it will use First Insight to gather zero-party, Voice of Customer data and operationalize product testing for faster and better merchandising decisions in their Womenswear division.

Key Points: 
  • Woolworths announced today that it will use First Insight to gather zero-party, Voice of Customer data and operationalize product testing for faster and better merchandising decisions in their Womenswear division.
  • This new strategic alignment will empower Woolworths with actionable insights to guide their product investment, pricing, and marketing decisions.
  • “We are excited to be a global partner of Woolworths to help them leverage insights with the goal of serving their customers better,” said Greg Petro, CEO, First Insight.
  • “We are excited about our partnership with First Insight as their research and data will provide us with valuable insights, to better service our customer needs through a more targeted merchandise selection,” said Roxanne Gillan, Woolworths’ General Manager, Business Development & Innovation.

Ukrainian Nuclear Workers Chronicle Impact of War in New Book

Retrieved on: 
Thursday, May 11, 2023

The book contains direct testimony of nuclear workers in Ukraine and examines the impact of the Russian war on the personal level and on global and nuclear security.

Key Points: 
  • The book contains direct testimony of nuclear workers in Ukraine and examines the impact of the Russian war on the personal level and on global and nuclear security.
  • "Only thanks to the courage of nuclear workers, who remain loyal to Ukraine, a disaster didn't happen."
  • In the book, individuals share their deeply personal choices - when to seek refuge abroad; whether to continue their work or join the armed forces - and the impact of the war on the nuclear sector.
  • WINS is an international non-governmental organisation committed to building a global community of nuclear security professionals who are willing to work together to strengthen the security of nuclear and other radioactive materials.

Parex Resources Announces First Quarter Results, Declaration of Q2 2023 Dividend, and Pending Retirement of Chief Financial Officer

Retrieved on: 
Wednesday, May 10, 2023

Following a successful 35-year career, Ken Pinsky, Chief Financial Officer and Corporate Secretary, is electing to retire effective November 30, 2023.

Key Points: 
  • Following a successful 35-year career, Ken Pinsky, Chief Financial Officer and Corporate Secretary, is electing to retire effective November 30, 2023.
  • Mr. Pinsky joined Petro Andina, Parex’s predecessor, in 2008 as Vice President, Finance and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception.
  • ): The Company continues to engage with stakeholders at all levels and expects that drilling operations will resume in Q2 2023.
  • Parex intends to issue its ninth annual sustainability report, alongside its second integrated Task Force on Climate-Related Financial Disclosures ("TCFD"), in Q2 2023.

TravelCenters of America Stockholders Approve Pending BP Transaction

Retrieved on: 
Wednesday, May 10, 2023

TravelCenters of America Inc. (Nasdaq: TA), the nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands, today announced that, at its Special Meeting of Stockholders held earlier today, TA stockholders voted to approve TA’s merger with and into a wholly-owned indirect subsidiary of BP p.l.c.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA), the nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands, today announced that, at its Special Meeting of Stockholders held earlier today, TA stockholders voted to approve TA’s merger with and into a wholly-owned indirect subsidiary of BP p.l.c.
  • (NYSE: BP).
  • The transaction price represents an 84% premium to TA’s average trading price over the 30 days ending February 15, 2023, the date the BP merger agreement was signed.
  • TA stockholders approved the BP merger with more than 72% of the shares outstanding and 93.0% of the total shares voted in favor of the merger.

Tejon Ranch Co. Announces First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023

TEJON RANCH, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2023.

Key Points: 
  • TEJON RANCH, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2023.
  • Factors affecting first quarter 2023 results include:
    Commercial/industrial real estate development segment revenues of $2.7 million for the quarter ended March 31, 2023, compared with $7.3 million for the quarter ended March 31, 2022, resulting from no land sales in the first quarter of 2023.
  • Farming revenues of $1.2 million for the quarter ended March 31, 2023, an 81% increase from $655,000 for the quarter ended March 31, 2022.
  • The Company will also continue to invest in its residential projects, including Mountain Village at Tejon Ranch, Centennial at Tejon Ranch and Grapevine at Tejon Ranch.

Leading Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend TA Shareholders Vote “FOR” Pending BP Transaction

Retrieved on: 
Monday, May 1, 2023

TravelCenters of America Inc. (Nasdaq: TA) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that TA shareholders vote “FOR” the previously announced all-cash acquisition of TA by BP Products North America Inc. (“BP”) in advance of TA’s upcoming Special Meeting of Shareholders scheduled for May 10, 2023.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that TA shareholders vote “FOR” the previously announced all-cash acquisition of TA by BP Products North America Inc. (“BP”) in advance of TA’s upcoming Special Meeting of Shareholders scheduled for May 10, 2023.
  • As previously announced, under the terms of the pending transaction, BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.
  • TA shareholders of record as of the close of business on March 23, 2023, are eligible to vote on the pending transaction and are encouraged to do so as soon as possible.
  • The TA Board of Directors unanimously recommends TA shareholders to vote “FOR” all proposals, including following ISS and Glass Lewis’ recommendations by voting “FOR” the proposal to approve the merger.

Ocean Tomo, a part of J.S. Held, Releases Nuclear Energy Industry Report

Retrieved on: 
Tuesday, April 25, 2023

CHICAGO, April 25, 2023 /PRNewswire-PRWeb/ -- Ocean Tomo, a part of J.S. Held, releases its Nuclear Energy Industry Report, which provides a comprehensive look at current industry trends and deal activity in the Nuclear Energy space and reveals the scientific and technical advances impacting the nuclear industry. The report further explores this rapidly growing industry's intellectual property management, licensing, and litigation risks. The report is available to download at https://oceantomo.com/download-nuclear-energy-industry-report/ .

Key Points: 
  • Held, Nuclear Energy Report reveals the scientific and technical advances impacting the nuclear energy industry and explores the continuum of intellectual property management, licensing, and litigation challenges facing the industry.
  • Held, releases its Nuclear Energy Industry Report, which provides a comprehensive look at current industry trends and deal activity in the Nuclear Energy space and reveals the scientific and technical advances impacting the nuclear industry.
  • The nuclear energy industry has contributed to global energy needs as the demand for clean and sustainable energy sources increases.
  • Nuclear Energy Industry Analyst William Johnston shares insights from the report, "with the growing market competition, nuclear energy companies face growing risks related to IP litigation.