Methane

Driving Sustainable Energy Transition with Government Collaboration

Retrieved on: 
Friday, March 1, 2024

With its extensive content program featuring over 300 sessions and 2,500 conference delegates, Future Energy Asia will be the breeding ground for the strategies and solutions needed to navigate the energy transition in Asia.

Key Points: 
  • With its extensive content program featuring over 300 sessions and 2,500 conference delegates, Future Energy Asia will be the breeding ground for the strategies and solutions needed to navigate the energy transition in Asia.
  • "Events like Future Energy Asia are critical for sharing knowledge, strategies, and innovations that will drive our region's energy transition," stated Somruedee Chaimongkol, CEO of Banpu.
  • A synergistic approach between the government and the private sector is essential for propelling Thailand and the wider region towards a sustainable energy future.
  • Future Mobility Asia creates an inclusive environment that seeks to drive cross-sector collaboration, sparking the innovation needed to accelerate Asia's mobility transition.

Robertshaw’s Master Gas Regulator Now Available for All OEM Gas Stoves

Retrieved on: 
Tuesday, March 5, 2024

Unlike gas regulators from other competitors, this lockout feature is integrated into the regulator itself, eliminating the necessity for OEMs to buy additional components to accomplish the same functionality.

Key Points: 
  • Unlike gas regulators from other competitors, this lockout feature is integrated into the regulator itself, eliminating the necessity for OEMs to buy additional components to accomplish the same functionality.
  • Moreover, OEMs have the flexibility to customize how the lockout feature is triggered on the Master Gas Regulator.
  • The Master Gas Regulator stops the flow of gas from entering the delivery system when the stove is turned off—which is when 76% of most methane emissions occur, according to a publication in Environmental Science and Technology .
  • When paired with the Master Gas Regulator, Robertshaw’s exclusive Dralo, Halo and G8 burners offer a significant reduction in GHG emissions, cutting them by 75%.

CAPP Forecasts Capital Investment for Canadian Oil and Natural Gas Sector to Reach $40.6 Billion in 2024

Retrieved on: 
Tuesday, February 27, 2024

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Canadian Association of Petroleum Producers (CAPP) is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion in 2024, rising slightly from an estimated actual investment of $39 billion for 2023.

Key Points: 
  • CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Canadian Association of Petroleum Producers (CAPP) is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion in 2024, rising slightly from an estimated actual investment of $39 billion for 2023.
  • “Upstream oil and natural gas producers are staying disciplined, with capital expenditures expected to remain stable in 2024,” says Lisa Baiton, CAPP President & CEO.
  • Conventional oil and natural gas capital investment for 2024 is forecast at $27.3 billion, while oil sands investment is expected to reach $13.3 billion.
  • Alberta: The province is expected to maintain a steady investment level at $29 billion, with oil sands’ contribution at around $13.3 billion.

Nokia commits to net zero greenhouse gas emissions by 2040 #MWC24

Retrieved on: 
Monday, February 26, 2024

Espoo, Finland – Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net zero by 2040, accelerating its previous target by ten years, and putting it ahead of the Paris Agreement target of net zero by 2050.

Key Points: 
  • Espoo, Finland – Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net zero by 2040, accelerating its previous target by ten years, and putting it ahead of the Paris Agreement target of net zero by 2050.
  • Pekka Lundmark, President and CEO of Nokia, said: “Our new emission reduction targets show that net zero is a business priority for Nokia.
  • Net zero: Net zero refers to a reduction of 90% in greenhouse gas emissions to as close to zero as possible, with a maximum of up to 10% remaining hard-to-abate emissions being neutralized through carbon removals.
  • To limit global warming to 1.5°C, greenhouse gas emissions must by halved by 2030 and reach net zero by 2050.

Vital Energy Reports Fourth-Quarter and Full-Year 2023 Financial and Operating Results

Retrieved on: 
Wednesday, February 21, 2024

TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, February 22, 2024. Participation details can be found within this release.

Key Points: 
  • Plans to invest $750 - $850 million, increasing FY-24 oil production ~10% from 4Q-23 exit
    TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook.
  • "We now have the scale and inventory to sustainably maximize cash flows from operating activities and generate Adjusted Free Cash Flow.
  • In 2023, Vital Energy published the Company's fourth Sustainability Report and an inaugural Climate Risk and Resilience Report.
  • In 2023, Vital Energy expanded this certification to approximately 60% of its gross operated oil production and became the first company to receive the TrustWell Low Methane Rating.

Zefiro Methane Corp. Sponsored Athlete Erika Reineke Taking on America’s Best Sailors in Major Qualifying Event

Retrieved on: 
Tuesday, February 20, 2024

FORT LAUDERDALE, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”), which works to reduce methane emissions by plugging orphaned oil and gas wells across the country, sponsored athlete Erika Reineke is taking part in a qualifying competition against a collection of the country’s best sailors in Miami, Florida.

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”), which works to reduce methane emissions by plugging orphaned oil and gas wells across the country, sponsored athlete Erika Reineke is taking part in a qualifying competition against a collection of the country’s best sailors in Miami, Florida.
  • Success in the event would secure Reineke’s spot in the world’s preeminent athletic competition taking place in France this summer.
  • Reineke is a former US Rolex Yachtswoman of the Year (2017), four-time Collegiate Singlehanded National Champion (2013-2016), and four-time NCAA All-American (2013-2015, 2017.
  • Pictured are Erika Reineke (left) and Zefiro Methane Corp.

Alen Air Purifiers are Transforming Home Health to Fight Rising Indoor Air Quality Dangers

Retrieved on: 
Thursday, March 7, 2024

The company’s education campaign focuses on pervasive health risks associated with poor indoor air quality.

Key Points: 
  • The company’s education campaign focuses on pervasive health risks associated with poor indoor air quality.
  • “The dangers of poor indoor air quality are not just invisible – they silently jeopardize our health, amplifying the risk of respiratory issues, allergies and long-term health complications,” said Alen CEO, Warburg Lee.
  • Alen air purifiers with HEPA fresh filtration capture fine particles, including ash, soot and VOCs, effectively removing them from the indoor air and reducing exposure to harmful pollutants and allergens like pollen, pet dander, and mold spores, providing symptom relief and improving overall indoor air quality.
  • Addressing these sources of indoor air pollution typically involves implementing strategies such as improving ventilation, using air purifiers with HEPA filters like Alen, and reducing or eliminating the use of products with harmful chemicals.

FLIR Announces Si2-Series of Acoustic Imagers to Detect Compressed Air Leaks, Partial Discharges, Mechanical Faults, and Quantify Gas Leaks

Retrieved on: 
Wednesday, March 6, 2024

FLIR , a Teledyne Technologies company, today announced the expansion of its versatile Si-Series of acoustic imaging cameras with three models in the new Si2 family, designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges: the Si2-Pro, Si2-LD, and Si2-PD.

Key Points: 
  • FLIR , a Teledyne Technologies company, today announced the expansion of its versatile Si-Series of acoustic imaging cameras with three models in the new Si2 family, designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges: the Si2-Pro, Si2-LD, and Si2-PD.
  • View the full release here: https://www.businesswire.com/news/home/20240305787640/en/
    The three models of the new Si2 family, the Si2-Pro, Si2-LD, and Si2-PD, are designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges.
  • The Si2 cameras apply an array of acoustic imaging advancements that work to detect and quantify air and gas leaks, mechanical faults, and partial discharge, making them the top-performing acoustic imaging cameras on the market for these types of detections.
  • On-camera decision support tools include mechanical defect measurement, classification and severity assessment of partial discharges, leak size estimation, and cost analysis.

JMR Services® and A-Plus P&A Announce Strategic Merger to Create the Leading Pure-Play P&A Service Provider in the Nation

Retrieved on: 
Tuesday, March 5, 2024

Mr. Roark founded JMR with his brother, Lee Roark, in 2015 and brings 41 years of industry experience to the combined company.

Key Points: 
  • Mr. Roark founded JMR with his brother, Lee Roark, in 2015 and brings 41 years of industry experience to the combined company.
  • Mr. Roark brings 28 years of industry experience with a primary focus on plugging and abandonment operations.
  • Randy Pacheco, Chief Executive Officer at A-Plus since 2016, will assume the role of Vice President of Governmental Affairs after the merger.
  • Mr. Pacheco has spent 25 years in and around the oilfield service industry, including a combined 10 years in multiple CEO roles.

Renewable Thermal Collaborative Releases Case Study on the U.S. Renewable Natural Gas (RNG) Agreement between AstraZeneca and Vanguard Renewables

Retrieved on: 
Monday, March 4, 2024

The Renewable Thermal Collaborative recently released a case study on the first-of-its-kind partnership between AstraZeneca and Vanguard Renewables to enable the delivery of renewable natural gas (RNG) to all of AstraZeneca's sites in the United States by 2026.

Key Points: 
  • The Renewable Thermal Collaborative recently released a case study on the first-of-its-kind partnership between AstraZeneca and Vanguard Renewables to enable the delivery of renewable natural gas (RNG) to all of AstraZeneca's sites in the United States by 2026.
  • Procuring RNG from Vanguard Renewables supports AstraZeneca’s transition to 100% renewable energy, a key element of the company’s flagship Ambition Zero Carbon strategy.
  • Buyers interested in learning more about renewable thermal should:
    Read more case studies from the RTC to learn how energy users and solutions providers are deploying renewable thermal fuels and technologies.
  • The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities.