ConocoPhillips

Heath DePriest Joins Braven Environmental, Bringing Extensive Leadership Experience from Phillips 66

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星期二, 八月 1, 2023
Plastic, ConocoPhillips, Phillips, Renewable fuels, Investment, EH&S, EH, Growth, Global strategy, Phillips 66, Economics, Renewable energy, Braven

With an impressive background in the energy industry, Mr. DePriest will be joining Braven Environmental as the Chief Operating Officer, effective immediately.

Key Points: 
  • With an impressive background in the energy industry, Mr. DePriest will be joining Braven Environmental as the Chief Operating Officer, effective immediately.
  • Prior to his arrival at Braven, Mr. DePriest held numerous key leadership positions at Phillips 66, one of the world's foremost energy companies.
  • Prior to his tenure at Phillips 66, Mr. DePriest held various critical development roles at ConocoPhillips, John Zink, and Koch Refining.
  • "His extensive experience and leadership in driving sustainable growth align perfectly with our mission of providing innovative solutions to the management of hard to recycle plastics.

Trax Appoints Steve Liebman as SVP of Sales and John Vallely as COO

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星期二, 八月 1, 2023
Spend, Senior, Legal technology, Thomson Reuters, ConocoPhillips, Pollution, Fintech, Ritchie Bros. Auctioneers, FAP, Transport, Bloomberg Industry Group, Organization, Growth, Climate, E2open, TSM, Software, Management, Trax

DALLAS, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, today announced the appointment of Steve Liebman as Senior Vice President of Sales and John Vallely as Chief Operating Officer.

Key Points: 
  • DALLAS, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, today announced the appointment of Steve Liebman as Senior Vice President of Sales and John Vallely as Chief Operating Officer.
  • Both Liebman and Vallely report directly to Chief Executive Officer Hampton Wall, and will be tasked with further escalating the company’s revenue growth, customer retention and diversification, product innovation, and strategic partnerships.
  • Prior to arriving at Trax, some of Liebman’s leadership roles include serving as Senior Vice President of Sales for Capitol Canary, Head of Sales and Client Services for Bloomberg Industry Group, and Senior Director of Field Sales for Thomson Reuters.
  • “During this pivotal time in our industry and as Trax continues to grow, it is critical that our Sales and Account Management teams keep pace with these changes and new demands,” said Liebman.

Quantum Capital Group Names Jack Harper as Senior Advisor

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星期二, 八月 1, 2023
Permian, Partnership, ConocoPhillips, Senior advisor, Contiguous United States, Concho Resources, Executive Committee, S-1 Executive Committee, Federal Reserve Bank of Dallas, Management, Quantum

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”), a leading provider of capital to the global energy industry, today announced that Jack Harper has joined the firm as a Senior Advisor, working closely with Quantum’s leadership to support the firm’s investment activities and its portfolio companies.

Key Points: 
  • HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”), a leading provider of capital to the global energy industry, today announced that Jack Harper has joined the firm as a Senior Advisor, working closely with Quantum’s leadership to support the firm’s investment activities and its portfolio companies.
  • Earlier in his career, Mr. Harper served in various executive roles at Concho Resources, including as President from 2017 to 2021, when the company merged with ConocoPhillips.
  • “I have always had a lot of respect for the Quantum team and their commitment to building scalable and successful energy platforms throughout the years,” said Mr. Harper.
  • “Quantum is committed to the energy sector, and I am excited to work closely with the team and its entrepreneurs to help them continue their successful track record.”

ChampionX Reports Second Quarter 2023 Results

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星期一, 七月 24, 2023
Artificial lift, Dover Corporation, Wildfire, ConocoPhillips, Tax, Control, D. Mendeleev University of Chemical Technology of Russia, Energy, Automation, AURA, EBITDA, Corrosion, Gulf of Mexico, OGI, Growth, New drilling technologies, Digital, Adjustment, Intelligence, Real estate, Bookkeeping, Video game, Pharmaceutical industry, Retail, Natural gas

Net income attributable to ChampionX of $95.8 million, increased 250% year-over-year

Key Points: 
  • Net income attributable to ChampionX of $95.8 million, increased 250% year-over-year
    Adjusted net income of $99.1 million, increased 67% year-over-year
    Adjusted EBITDA of $186.2 million, increased 35% year-over-year
    Repurchased $51.2 million of common stock; returned 76% of free cash flow to shareholders
    THE WOODLANDS, Texas, July 24, 2023 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced second quarter of 2023 results.
  • “During the second quarter of 2023, we generated revenue of $927 million, which decreased 1% year-over-year, and declined 2% sequentially.
  • Revenue from digital products was $60.2 million in the second quarter of 2023, up 4% sequentially, and up 21% year-over-year.
  • ChampionX Corporation will host a conference call on Tuesday, July 25, 2023, to discuss its second quarter 2023 financial results and outlook.

Avnos Inc. Secures Funding and Strategic Partnerships From ConocoPhillips, JetBlue Ventures and Shell Ventures, Totaling Over $80M

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星期四, 七月 13, 2023
Environment, Climate Change, Air, Transport, Oil, Gas, Green Technology, Energy, Transportation, Travel, Carbon, Shell, Shell plc, U.S. Department of Energy, Office of Inspector General, Science and technology in Asia, U.S. Department of Defense Strategy for Operating in Cyberspace, HDAC, ConocoPhillips, JetBlue, Direct air capture, Multimedia, DAC, Venture, NYSE, CDR, JBLU, Water, Climate, Investment, CO2, Coal, Renewable energy

Avnos will use the capital to deliver commercial-ready HDAC units by the end of 2025.

Key Points: 
  • Avnos will use the capital to deliver commercial-ready HDAC units by the end of 2025.
  • As a result, the Avnos solution requires less than half the energy required by competitors.
  • “Avnos is laser focused on delivering the most cost-effective, flexible, and scalable commercial Direct Air Capture technology in the world,” said Will Kain, CEO of Avnos.
  • “Adding blue-chip strategic partners such as ConocoPhillips, JetBlue Ventures, and Shell provides us with an incredible opportunity to access more resources, know-how, and global reach to meaningfully accelerate our deployment schedule.

Lawsuit Seeks to Hold Oil Companies Responsible for Their Part in Deadly Oregon Heat Event

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星期一, 六月 26, 2023
Newton, Shell, Western States Petroleum Association, ExxonMobil, American Petroleum Institute, Marathon Petroleum, Anadarko Petroleum, ConocoPhillips, Peabody Energy, Worthington, Koch Industries, Carbon, PC, McKinsey & Company, Columbia River, Convection, Death, BP, Oregon circuit courts, Air conditioning, Valero Energy, Anomaly, Defendant, Weather, Occidental Petroleum, Fraud, Greenhouse, Deception, Tourism, Coal, Motiva

DALLAS, June 26, 2023 /PRNewswire/ -- Asserting that the companies deceived the public about environmental dangers, Simon Greenstone Panatier, PC has filed a lawsuit on behalf of Multnomah County, Oregon, against more than a dozen fossil fuel producers for negligently and fraudulently selling climate-warming products.

Key Points: 
  • "Oregon state tort law is very explicit about what constitutes negligence, fraud and public nuisance.
  • We contend that these companies took actions and engaged in deception regarding the impact of these companies that are virtual textbook examples."
  • While historically temperate, the region reached record highs of 108, 112 and 116 during an unprecedented June 2021 heat event.
  • The lawsuit seeks to hold the oil and gas companies responsible for decades of knowingly producing and selling climate-destroying products while deceiving the public of the dangers.

ConocoPhillips to Hold Second-Quarter Earnings Conference Call on Thursday, Aug 3

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星期四, 六月 22, 2023
Oil, Gas, Energy, ConocoPhillips, Webcast, NYSE, Textile, Life insurance, Cryptocurrency

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Key Points: 
  • ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Aug. 3, 2023, at 12:00 p.m. Eastern time to discuss second-quarter 2023 financial and operating results.
  • The company’s financial and operating results will be released before the market opens on Aug. 3.
  • To access the webcast, visit ConocoPhillips’ Investor Relations site, http://www.conocophillips.com/investor , and click on the "Register" link in the Investor Presentations section.
  • The event will be archived and available for replay later the same day, with a transcript available the following day.

Barbara Bush Foundation Announces 2023 Corporate Advisory Council Members

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星期四, 六月 15, 2023
Workforce, AT&T, Private sector, Walgreens Boots Alliance, Barbara Bush Foundation for Family Literacy, AT, Public, ConocoPhillips, Vertical, Colgate-Palmolive, Literacy, Organization, Colgate, Business Roundtable, Novartis, Work, Council, Intel, DEI, ESG, Health, Achievement Medal, Environment, Bessemer Trust, Management, Nursing, Walgreens, Boeing, Humana

WASHINGTON, June 15, 2023 /PRNewswire/ -- The Barbara Bush Foundation is pleased to announce its 2023 Corporate Advisory Council membership roster, which includes the addition of five new national leaders in the private sector.

Key Points: 
  • WASHINGTON, June 15, 2023 /PRNewswire/ -- The Barbara Bush Foundation is pleased to announce its 2023 Corporate Advisory Council membership roster, which includes the addition of five new national leaders in the private sector.
  • The Corporate Advisory Council convenes corporate leaders from across the United States, leveraging their business expertise and networks to expand corporate engagement in literacy issues and serve as key advisors.
  • We are proud to join the Barbara Bush Foundation's Corporate Advisory Council and look forward to the meaningful impact we will create together."
  • I am delighted to serve on the Barbara Bush Foundation's Corporate Advisory Council with other like-minded leaders to help empower our communities to be their own purveyors of progress."

Meritage Homes Appoints Dennis V. Arriola to Its Board of Directors

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星期三, 六月 14, 2023
Southern California Gas Company, AGR, Edison Electric Institute, American Gas Association, San Diego Gas & Electric, Harvard University, Stanford University, ConocoPhillips, United States Chamber of Commerce, MBA, Meritage Homes Corporation, Public Interest Declassification Board, Car, AAA, Investment, Greater Los Angeles, Sempra, SunPower, Growth, Avangrid, NYSE, Economics, Commerce, Automobile Club of Southern California, Management, Meritage

SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process.

Key Points: 
  • SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process.
  • The Board plans to consider Mr. Arriola for appointment to one or more board committees over the course of the next several regularly scheduled board meetings.
  • Mr. Arriola currently serves as an Operating Partner at Sandbrook Capital, a private equity firm focused on transforming energy infrastructure investments.
  • “We are pleased to welcome Dennis to our Board,” said Steven J. Hilton, executive chairman of Meritage Homes.

LNG innovation at the forefront: International exhibition showcases industry excellence

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星期四, 六月 8, 2023
QatarEnergy, Data management, IGU, IIR, CGA, Exhibition, ConocoPhillips, International Gas Union, Innovation, Research, International Institute of Refrigeration, Engineering, Natural gas, Conference, Enbridge, Video game, Cheniere Energy, LNG

Key industry players such as Chevron, QatarEnergy, Cheniere, Tellurian, Baker Hughes, ConocoPhillips, and Enbridge will have significant floor space at the event.

Key Points: 
  • Key industry players such as Chevron, QatarEnergy, Cheniere, Tellurian, Baker Hughes, ConocoPhillips, and Enbridge will have significant floor space at the event.
  • Conference host, the Canadian Gas Association, will showcase Canadian organizations and innovations in a dedicated Canadian industry pavilion.
  • “If you’re working in the industry, LNG2023 is really the place to be.”
    Innovation has long been a hallmark of the triennial LNG events.
  • Now in its 20th edition, the first LNG conference was held in 1968, when the LNG industry was just emerging.