Utilization

Denbury Expands Leading CO2 Sequestration Portfolio with Two New Sites in Louisiana

Retrieved on: 
Tuesday, June 27, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, Carbon, Inc., Mississippi River, Carbon dioxide, United States Environmental Protection Agency, NYSE, EPA, Utilization, Transport, DEN, CO2, VI, Leo, Greif, Inc., Agriculture, Denbury, Lapis lazuli

Depending on the scale and pace of emissions agreements dedicated to the site, Denbury intends to connect the sequestration site to its existing CO2 pipeline network in southeast Louisiana with a 45-mile pipeline connection.

Key Points: 
  • Depending on the scale and pace of emissions agreements dedicated to the site, Denbury intends to connect the sequestration site to its existing CO2 pipeline network in southeast Louisiana with a 45-mile pipeline connection.
  • Nik Wood, Denbury’s Senior Vice President, Carbon Capture, Utilization and Storage, commented, “We are excited to announce two new dedicated CO2 sequestration sites which expand our storage offering in southeastern Louisiana.
  • Our Virgo site is also an ideal CO2 sequestration site, as it is located a very short distance from our existing infrastructure.
  • In addition, Denbury intends to drill 2 to 3 additional stratigraphic test wells across its portfolio by the end of 2023.

Newly Published Data Demonstrates Positive Outcomes Resulting from Pathnostics' Advanced Urinary Tract Infection (UTI) Test

Retrieved on: 
Tuesday, June 20, 2023
Diabetes, Urinary tract infection, UTI, University Challenge 2013–14, ABR, Cutis marmorata telangiectatica congenita, Number needed to treat, Drug resistance, Infection and Drug Resistance, SUC, Utilization, Antimicrobial resistance, Diagnosis, Medicare Part D, Health, Medical imaging, Nursing, Pharmaceutical industry, Hospital, Patient

IRVINE, Calif., June 20, 2023 /PRNewswire/ -- Pathnostics, a leading precision diagnostic testing and development company, today announced the publication of two new studies demonstrating positive outcomes resulting from its advanced urinary tract infection (UTI) test. The studies show that treatment based on the company's Guidance® UTI test resulted in decreased health care resource utilization and costs compared to standard urine culture (SUC) tests, as well as reduced antibiotic resistance in patients with complicated urinary tract infections.

Key Points: 
  • In fact, average one-year costs related to UTIs were $501.85 lower for patients receiving treatment based on the Guidance® test than for those based on the traditional culture test.
  • In addition, results showed patients diagnosed via the Guidance® test had improved outcomes, including fewer inpatient episodes and lower inpatient costs.
  • Separately, data published in the peer-reviewed journal Infection and Drug Resistance suggests that treatment based upon Guidance® UTI testing resulted in reduced antibiotic resistance in symptomatic patients with suspected complicated UTIs.
  • "These new findings, combined with ongoing studies, support our mission of increasing access to advanced UTI testing that supports more informed treatment leading to improved outcomes."

Technip Energies Launches Canopy by T.EN™, Making Carbon Capture Accessible for Every Emitter

Retrieved on: 
Tuesday, June 20, 2023
Data Management, Other Energy, Technology, Oil, Gas, Alternative Energy, Energy, Software, Carbon, Multimedia, Capture, Aircraft, Utilization, CCUS, Renewable energy

Technip Energies (T.EN) recently announced the launch of Capture.Now, a strategic platform that brings all its Carbon Capture, Utilization and Storage (CCUS) technologies and solutions under one umbrella.

Key Points: 
  • Technip Energies (T.EN) recently announced the launch of Capture.Now, a strategic platform that brings all its Carbon Capture, Utilization and Storage (CCUS) technologies and solutions under one umbrella.
  • Building on this new platform to further its ambition to lead the CCUS market, T.EN is launching Canopy by T.EN™, an integrated range of configurable modular post-combustion carbon capture solutions.
  • Canopy C200, offered to clients alongside a range of services, allows them to de-risk their CCUS development, optimize CAPEX and OPEX and maximize value.
  • Christophe Malaurie, SVP Decarbonization Solutions of Technip Energies, stated: “We are very pleased to introduce Canopy by T.EN™ as a first proof point for the recently launched Capture.Now platform.

Denbury to Participate in J.P. Morgan Energy, Power & Renewables Conference

Retrieved on: 
Wednesday, June 14, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, Carbon, Inc., DEN, Carbon capture, Conference, NYSE, Utilization, Cryptocurrency

Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a Carbon Capture, Utilization and Storage panel at the J.P. Morgan Energy, Power & Renewables Conference on Thursday, June 22, 2023, at 12:05 p.m. Eastern Time.

Key Points: 
  • Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a Carbon Capture, Utilization and Storage panel at the J.P. Morgan Energy, Power & Renewables Conference on Thursday, June 22, 2023, at 12:05 p.m. Eastern Time.
  • Mr. Kendall and other members of management will also participate in meetings at the conference with investors.
  • Supplemental corporate materials will be posted to the Company’s website at www.denbury.com the same morning.

Prime Therapeutics earns accreditation from the National Committee for Quality Assurance

Retrieved on: 
Thursday, May 25, 2023
NCQA, Accreditation, Pharmacy, Organization, National Committee, Utilization, PBM, Quality assurance, Therapy, Utilization management, National Committee for Quality Assurance, Property management

EAGAN, Minn., May 25, 2023 /PRNewswire/ -- Prime Therapeutics LLC (Prime), a pharmacy benefit manager (PBM) serving nearly 38 million members nationally, today announced it was accredited by the National Committee for Quality Assurance (NCQA) for Utilization Management. NCQA Utilization Management Accreditation is a quality assessment program that focuses on consumer protection and customer service improvement.

Key Points: 
  • EAGAN, Minn., May 25, 2023 /PRNewswire/ -- Prime Therapeutics LLC (Prime), a pharmacy benefit manager (PBM) serving nearly 38 million members nationally, today announced it was accredited by the National Committee for Quality Assurance (NCQA) for Utilization Management.
  • NCQA Utilization Management Accreditation is a quality assessment program that focuses on consumer protection and customer service improvement.
  • "We are honored to receive this accreditation in utilization management from NCQA which reinforces our dedication and commitment to an evidence-based utilization management program designed to improve patient outcomes," said Mostafa Kamal, president, Prime Therapeutics, and chief executive officer, Magellan Rx.
  • "Achieving NCQA Utilization Management demonstrates that Prime Therapeutics has the systems, process and personnel in place to conduct utilization management in accordance with the strictest quality standards," said NCQA President Margaret E. O'Kane.

Colorado School of Mines and Carbon America awarded $32.6M from U.S. Department of Energy CarbonSAFE Initiative

Retrieved on: 
Friday, May 19, 2023
Environment, White House, Federal Government, State, Local, Research, Sustainability, Environmental Health, Science, Other Energy, Public Policy, Government, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Climate Change, University, Nuclear, Education, Carbon, U.S. Department of Energy, Office of Inspector General, CCUS, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, Atmosphere, Hydrogen, Climate, Data collection, Los Alamos National Laboratory, US-China strategic engagement, DOE, Assistant, Innovation Center station, Student, Climate change, Colorado School of Mines, Engineering, Utilization, CO2, CCS, Policy, Eos, LANL, Renewable energy

Colorado School of Mines, Carbon America and Los Alamos National Laboratory (LANL) have been awarded $32.6 million in funding from the U.S. Department of Energy's Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative to advance the development of a potential carbon storage hub for the Pueblo, Colorado area.

Key Points: 
  • Colorado School of Mines, Carbon America and Los Alamos National Laboratory (LANL) have been awarded $32.6 million in funding from the U.S. Department of Energy's Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative to advance the development of a potential carbon storage hub for the Pueblo, Colorado area.
  • Mines, Carbon America and LANL officially announced the funding today during the Carbon Management Symposium hosted by the Mines Global Energy Future Initiative .
  • I was proud to sign new laws in partnership with the legislature to save people money on energy and reduce carbon emissions and pollution,” said Colorado Governor Jared Polis.
  • The project will be co-led by Manika Prasad, director of the Mines Carbon Capture, Utilization and Storage (CCUS) Innovation Center , and Carbon America Senior Geologist Chris Cassle.

MHI Agrees to Collaborate with Saipem, One of Europe's Leading Engineering Companies on CO2 Capture Technologies

Retrieved on: 
Thursday, April 27, 2023
Carbon, Kansai Electric Power Company, Mitsubishi Heavy Industries, Engineering, Micro Engineering Solutions, Downstream, Plant, MHI, Cryptix General License, Utilization, GLA, Ecosystem, Greenhouse, CO2, Fuso (company), Renewable energy, CCUS

With bases in more than 70 countries, the company possesses advanced, innovative engineering technologies and has a solid track record in completed deliveries.

Key Points: 
  • With bases in more than 70 countries, the company possesses advanced, innovative engineering technologies and has a solid track record in completed deliveries.
  • With ability to accommodate numerous projects, MHI looks to ensure a leading position in the developing global CCUS market.
  • We will accelerate the CO2 capture business and create CCUS value chain in order to achieve a carbon neutral society."
  • Going forward, the Company's Engineering Solutions integrated into MHI in this April and possesses proprietary CO2 capture technologies, will vigorously advance MHI Group's CCUS operations, and contribute to reducing greenhouse gases on global scale.

PER PERSON HEALTH CARE SPENDING REBOUNDED IN 2021, INCREASING BY 15%

Retrieved on: 
Wednesday, April 19, 2023
Vaccine, COVID-19, Growth, Utilization, COVID, Pharmaceutical industry, HCCI

WASHINGTON, April 19, 2023 /PRNewswire/ -- A new report from the Health Care Cost Institute (HCCI) shows that health care spending and utilization rebounded to pre-pandemic levels in 2021 after declines in 2020 that occurred with the onset of the COVID-19 pandemic.  Even as COVID continued through 2021, with hundreds of thousands of individuals hospitalized and otherwise affected, dramatic declines in use and spending that occurred in the early months of the pandemic appear to have been short lived. Data in HCCI's annual Health Care Cost and Utilization Report (HCCUR) illustrate that, although the total amount spent on health care decreased by $204 in 2020, the decline was offset by the above average spending increase of $837 in 2021. The fluctuations in spending were driven by utilization changes associated with the COVID-19 pandemic.

Key Points: 
  • Data in HCCI's annual Health Care Cost and Utilization Report (HCCUR) illustrate that, although the total amount spent on health care decreased by $204 in 2020, the decline was offset by the above average spending increase of $837 in 2021.
  • "In 2021, we see a full rebound in per person health care spending – an apparent continuation of pre-pandemic trends," said Katie Martin, President and CEO of HCCI.
  • "While we see the continued effects of COVID, it seems the pandemic's disruption of historical health care spending will not have a lasting effect and that the work to rein in high and growing health care costs continues."
  • The HCCUR examines year-over-year and 5-year cumulative trends in health care spending for individuals with employer-sponsored insurance, segmented by health care service category.

SK Inc. materials increases its US investments to expand the CCUS business

Retrieved on: 
Friday, March 10, 2023
Carbon, ExxonMobil, SK, Coal, CO 2, Environment, CO2, IRA, SK Group, Partnership, River, Investment, Electricity, CCUS, Acceleration, SK Inc., Natural gas, ION, Renewable energy, Utilization, HOA

Through this investment endeavor, SK Inc. materials plans to actively develop the CCUS- based clean energy business in the US and further strengthen the strategic partnership with 8 Rivers.

Key Points: 
  • Through this investment endeavor, SK Inc. materials plans to actively develop the CCUS- based clean energy business in the US and further strengthen the strategic partnership with 8 Rivers.
  • Following the announcement of the US IRA bill in August of 2022, the value of 8 Rivers' CCUS technology is appreciating significantly as the market interests in the CCUS business area increases.
  • SK Inc. materials plans to promote clean energy business centered on the North American market, which has favorable environment and infrastructure optimized for the CCUS business.
  • Recently, SK Inc. materials, in addition to the traditional semiconductor, display, battery-related high-tech materials business, is strengthening its clean energy business.

Valverde Power Solutions, MISC Berhad, Clean Energy Systems and Aker Solutions to Advance Oil & Gas Field Decarbonization Utilizing Oxy-Fuel Technology

Retrieved on: 
Wednesday, February 22, 2023
Carbon, Public expenditure, Aker Solutions, Transport, Utilization, CCUS, Wind, Steam, CO2, Oxygen, Consortium, Engineering, Senior, Atmosphere, ESG, MISC, GHG, CES, MISC Berhad, Adiabatic flame temperature, Investment company, Craft, Environmental remediation, Renewable energy, DALLAS, Hestia

The Oxy-Fuel burner technology is licensed by Valverde and owned by Clean Energy Systems ("CES"), a global leader in the development and deployment of carbon-reducing energy systems.

Key Points: 
  • The Oxy-Fuel burner technology is licensed by Valverde and owned by Clean Energy Systems ("CES"), a global leader in the development and deployment of carbon-reducing energy systems.
  • We believe that Oxy-Fuel is the most effective technology of its kind for the decarbonization of oil and natural gas field operations.
  • "The CCUS technology being piloted in the Hestia project is unique and could prove to be a major tool in oil & gas field decarbonization.
  • Craft's business plan is to develop clean power generation and proprietary, long-duration power storage solutions (including Oxy-Fuel), which complements and accelerates Valverde's strategy.