Energy industry

Aker Carbon Capture Collaborates with Microsoft for Scaling of the Carbon Capture Value Chain

Retrieved on: 
Wednesday, March 23, 2022

This is why Aker Carbon Capture and Microsoft have agreed to explore ways of using the combined strength of the two companies' technology expertise.

Key Points: 
  • This is why Aker Carbon Capture and Microsoft have agreed to explore ways of using the combined strength of the two companies' technology expertise.
  • Aker Carbon Capture and Microsoft will demonstrate the full value chain of carbon reduction and removal utilizing Aker Carbon Capture's proprietary CCUS technology and Microsoft's digital capabilities to enable the ecosystem for the voluntary carbon market, providing traceability and data - ensuring high-quality carbon credits.
  • The agreement was signed by Aker Carbon Capture CEO, Valborg Lundegaard and CVP of Energy Industry at Microsoft, Darryl Willis.
  • Microsoft and Aker Carbon Capture have a history of successful collaboration, including an MoU with Danish energy company rsted to explore opportunities to deploy carbon capture at a bio energy plant in Denmark.

Aker Carbon Capture Collaborates with Microsoft for Scaling of the Carbon Capture Value Chain

Retrieved on: 
Wednesday, March 23, 2022

This is why Aker Carbon Capture and Microsoft have agreed to explore ways of using the combined strength of the two companies' technology expertise.

Key Points: 
  • This is why Aker Carbon Capture and Microsoft have agreed to explore ways of using the combined strength of the two companies' technology expertise.
  • Aker Carbon Capture and Microsoft will demonstrate the full value chain of carbon reduction and removal utilizing Aker Carbon Capture's proprietary CCUS technology and Microsoft's digital capabilities to enable the ecosystem for the voluntary carbon market, providing traceability and data - ensuring high-quality carbon credits.
  • The agreement was signed by Aker Carbon Capture CEO, Valborg Lundegaard and CVP of Energy Industry at Microsoft, Darryl Willis.
  • Microsoft and Aker Carbon Capture have a history of successful collaboration, including an MoU with Danish energy company rsted to explore opportunities to deploy carbon capture at a bio energy plant in Denmark.

Guidehouse Insights Anticipates the Cyber Insurance Market for Energy to Grow at a Compound Annual Growth Rate of Nearly 18% by 2030

Retrieved on: 
Thursday, March 10, 2022

According to a new report from Guidehouse Insights,the cyber insurance market for energy is anticipated to grow to $441.8 million between 2021 and 2030 at a compound annual growth rate (CAGR) of 17.7%.

Key Points: 
  • According to a new report from Guidehouse Insights,the cyber insurance market for energy is anticipated to grow to $441.8 million between 2021 and 2030 at a compound annual growth rate (CAGR) of 17.7%.
  • The report, Cyber Insurance for the Energy Industry , reviews cyber risk across the energy industry and the market drivers and barriers associated with cyber insurance policy underwriting and assessment.
  • Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries.
  • Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

Gastops Introduces the Connect Online Equipment Condition Monitoring Platform

Retrieved on: 
Monday, March 7, 2022

OTTAWA, ON, March 7, 2022 /PRNewswire/ --Gastops today announced the official launch of Gastops Connect, an online subscription service that delivers critical equipment condition monitoring and analysis capabilities to those leveraging our condition monitoring sensor technology and solutions.

Key Points: 
  • OTTAWA, ON, March 7, 2022 /PRNewswire/ --Gastops today announced the official launch of Gastops Connect, an online subscription service that delivers critical equipment condition monitoring and analysis capabilities to those leveraging our condition monitoring sensor technology and solutions.
  • "Gastops Connect provides our customers with a secure, cloud-based monitoring portal that delivers a real-time view of equipment condition, accessible through any web browser device," said Gastops President & CEO Shaun Horning.
  • "The platform provides a foundation for the future of integrated health monitoring, enabling Gastops to deliver on our vision of real-time prognostics that combines the expertise of our Equipment Condition Analytics team with the machine intelligence of our sensors and software."
  • Gastops Connect collects, processes, and analyzes data from MetalSCAN sensors and combines it with equipment controller data and third-party data to create a comprehensive, real-time view of equipment condition accessible through any web browsing device.

Gastops Introduces the Connect Online Equipment Condition Monitoring Platform

Retrieved on: 
Monday, March 7, 2022

OTTAWA, ON, March 7, 2022 /PRNewswire/ - Gastops today announced the official launch of Gastops Connect, an online subscription service that delivers critical equipment condition monitoring and analysis capabilities to those leveraging our condition monitoring sensor technology and solutions.

Key Points: 
  • OTTAWA, ON, March 7, 2022 /PRNewswire/ - Gastops today announced the official launch of Gastops Connect, an online subscription service that delivers critical equipment condition monitoring and analysis capabilities to those leveraging our condition monitoring sensor technology and solutions.
  • "Gastops Connect provides our customers with a secure, cloud-based monitoring portal that delivers a real-time view of equipment condition, accessible through any web browser device," said Gastops President & CEO Shaun Horning.
  • "The platform provides a foundation for the future of integrated health monitoring, enabling Gastops to deliver on our vision of real-time prognostics that combines the expertise of our Equipment Condition Analytics team with the machine intelligence of our sensors and software."
  • Gastops Connect collects, processes, and analyzes data from MetalSCAN sensors and combines it with equipment controller data and third-party data to create a comprehensive, real-time view of equipment condition accessible through any web browsing device.

Red Hat Enables Energy Companies to Embrace Digital Transformation and Smart Partnerships to Adjust to Dynamic Changes

Retrieved on: 
Wednesday, February 16, 2022

SAN ANTONIO, Feb. 16, 2022 /PRNewswire/ -- The energy industry is undergoing the most dynamic evolution in its 150-year history, shares Frost & Sullivan in its white paper "Tectonic Shifts in the Energy Industry". Oil and gas companies, by rebranding as energy companies and moving beyond petrochemicals, aim to power the world regardless of technology. Growing cybersecurity risks, lack of ability to fully leverage information, the unpredictability of renewable energy, and the struggle to optimize operations drive industry change. In response, power and oil and gas companies are moving quickly to integrate more data-driven solutions as they expand their alternative energy portfolios, improve process efficiency, and shore up security.

Key Points: 
  • Oil and gas companies, by rebranding as energy companies and moving beyond petrochemicals, aim to power the world regardless of technology.
  • The great energy transition means blurring the lines that used to separate utilities, oil and gas companies, and energy users.
  • Additional challenges include growing cybersecurity threats and ransomware attacks, maintaining aging infrastructure, a retiring workforce, and a growing skillset gap.
  • As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

Red Hat Enables Energy Companies to Embrace Digital Transformation and Smart Partnerships to Adjust to Dynamic Changes

Retrieved on: 
Wednesday, February 16, 2022

SAN ANTONIO, Feb. 16, 2022 /PRNewswire/ -- The energy industry is undergoing the most dynamic evolution in its 150-year history, shares Frost & Sullivan in its white paper "Tectonic Shifts in the Energy Industry". Oil and gas companies, by rebranding as energy companies and moving beyond petrochemicals, aim to power the world regardless of technology. Growing cybersecurity risks, lack of ability to fully leverage information, the unpredictability of renewable energy, and the struggle to optimize operations drive industry change. In response, power and oil and gas companies are moving quickly to integrate more data-driven solutions as they expand their alternative energy portfolios, improve process efficiency, and shore up security.

Key Points: 
  • Oil and gas companies, by rebranding as energy companies and moving beyond petrochemicals, aim to power the world regardless of technology.
  • The great energy transition means blurring the lines that used to separate utilities, oil and gas companies, and energy users.
  • Additional challenges include growing cybersecurity threats and ransomware attacks, maintaining aging infrastructure, a retiring workforce, and a growing skillset gap.
  • As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

iboss Announced as Gold Winner Across Five Categories in the 2022 Cybersecurity Excellence Awards

Retrieved on: 
Tuesday, February 15, 2022

Being recognized by the Cybersecurity Excellence Awards for our platform is an honor and a reflection of all of the hard work of the entire iboss team while we help large global organizations improve their security posture."

Key Points: 
  • Being recognized by the Cybersecurity Excellence Awards for our platform is an honor and a reflection of all of the hard work of the entire iboss team while we help large global organizations improve their security posture."
  • iboss won Gold in each of the following categories:
    Zero Trust Security : iboss enables the modern workforce to connect securely and directly to all applications from wherever they work.
  • This ensures that all resources, such as applications, data and services, are protected and are inaccessible without going through the iboss Zero Trust Edge ( Zero Trust Network Security | iboss Cloud Platform - iboss ).
  • The Cybersecurity Excellence Awards recognize ground-breaking companies, leaders, and products that demonstrate innovation and leadership in the information security community.

Advanced Energy to Participate at Upcoming Investor Conferences

Retrieved on: 
Friday, February 11, 2022

Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced today that it will be participating at the following investor conferences.

Key Points: 
  • Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced today that it will be participating at the following investor conferences.
  • To participate in these conferences, please contact a representative of those firms.
  • Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes.
  • Advanced Energy has devoted more than three decades to perfecting power for its global customers and is headquartered in Denver, Colorado, USA.

Advanced Energy Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, February 3, 2022

Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on March 4, 2022, to shareholders of record as of February 21, 2022.

Key Points: 
  • Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on March 4, 2022, to shareholders of record as of February 21, 2022.
  • Future dividend declarations, as well as the record and payment dates for such dividends, are subject to review and approval by the board of directors.
  • Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes.
  • Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado, USA.