Resource economics

Genel Energy PLC: Receipt of payments for KRI oil sales

Retrieved on: 
Monday, September 6, 2021
Resource economics, Energy, Articles, Genel Energy, Taq Taq, Low-carbon economy, Dividend

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).

Key Points: 
  • Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).
  • The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects.
  • Genel has low-cost and low-carbon production from the Sarta, Taq Taq, and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price.
  • Genel also continues to pursue further growth opportunities.

Vantage Data Centers to Reach Net Zero Carbon Emissions by 2030

Retrieved on: 
Monday, August 2, 2021
Environment, Technology, Security, Utilities, Other Technology, Alternative energy, Energy, Networks, Data management, Articles, Climate change policy, Resource economics, Energy, Greenhouse gas emissions, Renewable energy, Carbon finance, Low-carbon economy, Carbon neutrality, Emissions trading, Business action on climate change

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company will achieve net zero carbon emissions globally by 2030.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company will achieve net zero carbon emissions globally by 2030.
  • With Vantages commitment to net zero carbon emissions, the company will not only actively work to reduce greenhouse gas emissions but will also invest in technologies and projects that remove carbon from the atmosphere.
  • This is why weve set our target at net zero rather than carbon neutral, explained Justin Thomas, chief technology officer, Vantage Data Centers.
  • Vantage will reach its net zero goal by focusing on four key areas:
    Emissions Reduction: Vantage is investing in technologies that target reductions in emissions, starting with a focus on energy efficiency and emissions reductions from on-site generators.

At Carbon-Neutrality Conference, PhosAgro and Russian Academy of Sciences Announce the Launch of a Project to Create a Carbon Farm in the Vologda Region

Retrieved on: 
Monday, August 2, 2021
Resource economics, Energy, Articles, PhosAgro, Yukos, Cherepovets, Vologda, Low-carbon economy

MOSCOW, Aug. 2, 2021 /PRNewswire/ -- PhosAgro Group and the Russian Academy of Sciences (RAS) have announced the launch of a project to create a carbon farm in the Vologda region.

Key Points: 
  • MOSCOW, Aug. 2, 2021 /PRNewswire/ -- PhosAgro Group and the Russian Academy of Sciences (RAS) have announced the launch of a project to create a carbon farm in the Vologda region.
  • "We are starting to work together on low-carbon issues, having launched a joint project to create a system to monitor greenhouse gas dynamics at the regional level.
  • "New forest and field terrain will be prepared in the immediate vicinity of PhosAgro's Cherepovets site, in the Vologda region, the purpose of which will be to sequester carbon.
  • The scientific and methodological expertise of the Russian Academy of Sciences will help us achieve success in this project.

At Carbon-Neutrality Conference, PhosAgro and Russian Academy of Sciences Announce the Launch of a Project to Create a Carbon Farm in the Vologda Region

Retrieved on: 
Monday, August 2, 2021
Resource economics, Energy, Articles, PhosAgro, Yukos, Cherepovets, Vologda, Low-carbon economy

MOSCOW, Aug. 2, 2021 /PRNewswire/ -- PhosAgro Group and the Russian Academy of Sciences (RAS) have announced the launch of a project to create a carbon farm in the Vologda region.

Key Points: 
  • MOSCOW, Aug. 2, 2021 /PRNewswire/ -- PhosAgro Group and the Russian Academy of Sciences (RAS) have announced the launch of a project to create a carbon farm in the Vologda region.
  • "We are starting to work together on low-carbon issues, having launched a joint project to create a system to monitor greenhouse gas dynamics at the regional level.
  • "New forest and field terrain will be prepared in the immediate vicinity of PhosAgro's Cherepovets site, in the Vologda region, the purpose of which will be to sequester carbon.
  • The scientific and methodological expertise of the Russian Academy of Sciences will help us achieve success in this project.

Cross Carbon Ventures Announces Formation of Carbon Capture Development Partnership

Retrieved on: 
Friday, July 30, 2021
Alternative energy, Energy, Other Energy, Articles, Energy, Resource economics, Energy economics, Carbon capture and sequestration, Climate change policy, Emissions reduction, Environmental impact of the energy industry, Steelmaking, Low-carbon economy, Sustainable energy, Carbon capture, Svante, Enbridge, Cross River Infrastructure Partners, OTS, SVANTE, ENBRIDGE, CROSS RIVER INFRASTRUCTURE PARTNERS, OTS

Svante Inc., Enbridge Inc. (TSX: ENB) (NYSE: ENB), Cross River Infrastructure Partners LLC, and OTS Ltd., have entered into a commercial Memorandum of Understanding that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership.

Key Points: 
  • Svante Inc., Enbridge Inc. (TSX: ENB) (NYSE: ENB), Cross River Infrastructure Partners LLC, and OTS Ltd., have entered into a commercial Memorandum of Understanding that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership.
  • CCV will explore commercial opportunities in North America to develop, build, own and operate carbon capture projects for carbon intensive industries seeking to decarbonize their operations.
  • CCV will target the decarbonization of emissions by heavy industries including cement, steelmaking, petroleum refining, and large-scale hydrogen production through the development of point-source carbon capture projects.
  • Cross River Infrastructure Partners LLC is a platform of development companies deploying industry-leading climate technologies and sustainable infrastructure projects across carbon capture and carbon utilization, sustainable protein, clean fuels and clean energy.

Nutrien and EXMAR Partner in Building a Vessel Powered by Low-Carbon Ammonia

Retrieved on: 
Thursday, July 29, 2021
Other Manufacturing, Environment, Maritime, Transport, Chemicals, Plastics, Oil, Gas, Manufacturing, Energy, Agriculture, Natural Resources, Chemistry, Chemical substances, Resource economics, Energy economics, Exmar Shipmanagement, Ammonia, Low-carbon economy, Nutrien, EXMAR NV, NUTRIEN, EXMAR NV

Nutrien and EXMAR support the decarbonization of shipping and the International Maritime Organizations (IMO) Green House Gas (GHG) Strategy to reduce emissions.

Key Points: 
  • Nutrien and EXMAR support the decarbonization of shipping and the International Maritime Organizations (IMO) Green House Gas (GHG) Strategy to reduce emissions.
  • Their new collaboration aims to significantly reduce Nutriens maritime transportation emissions and enable the commercial development of an ammonia-fueled vessel.
  • Together, they will chart a clear path for wide adoption of low-carbon ammonia as a clean fuel for the maritime industry.
  • Nutrien and EXMAR are confident that development of a vessel powered by low-carbon ammonia can align with IMOs 2050 goals, and expect deep decarbonization of the maritime industry to be achievable prior to 2030.

Seneca Resources Company and U.S. Well Services Announce All-Electric Well Completion Field Trial

Retrieved on: 
Thursday, July 29, 2021
Resource economics, Energy, Articles, Iroquois, Seneca people, National Fuel Gas, Low-carbon economy

This field trial, which started in mid-July, represents Seneca's first well completions using all-electric fracturing technology and is the latest example of Seneca's focus on greenhouse gas emissions reductions.

Key Points: 
  • This field trial, which started in mid-July, represents Seneca's first well completions using all-electric fracturing technology and is the latest example of Seneca's focus on greenhouse gas emissions reductions.
  • Results from the field trial are expected to be incorporated into Seneca's ongoing, first-of-its-kind study of available low-carbon well completion equipment, analyzing the emissions data from real-time well stimulation operations.
  • "Our field trial with USWS is another step in this direction, allowing Seneca to evaluate the potential environmental benefits of this well completions solution in our ongoing operations."
  • Seneca Resources Company, LLC is the exploration and production segment of National Fuel Gas Company.

DGAP-News: VERBUND AG: Results for quarters 1-2/2021: positive income trend due to higher sales prices and first-time consolidation of Gas Connect Austria GmbH

Retrieved on: 
Thursday, July 29, 2021
Articles, Energy, Resource economics, Verbund, Energy economics, Renewable energy, Low-carbon economy

The Group's long-term positioning across all segments fits seamlessly with the energy sector's increasingly ambitious decarbonisation goals within the EU and in Austria.

Key Points: 
  • The Group's long-term positioning across all segments fits seamlessly with the energy sector's increasingly ambitious decarbonisation goals within the EU and in Austria.
  • These positive developments in the energy market environment will greatly benefit VERBUND's business model.
  • VERBUND is ideally positioned in this environment as a hydropower producer with an increasing share of new renewables.
  • The first-time consolidation of Gas Connect Austria GmbH also resulted in a positive contribution to earnings.

Occidental Announces Dividend

Retrieved on: 
Wednesday, July 28, 2021
Resource economics, Articles, Oxy, Dividend, Low-carbon economy, Occidental, Natural Resources, Climate change policy

HOUSTON, July 28, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on October 15, 2021, to stockholders of record as of September 10, 2021.

Key Points: 
  • HOUSTON, July 28, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on October 15, 2021, to stockholders of record as of September 10, 2021.
  • Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America.
  • Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas.
  • Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions.

Williams Releases 2020 Sustainability Report Focused on Environmental Stewardship and Building Strong Communities

Retrieved on: 
Wednesday, July 28, 2021
Energy, Other Energy, Environment, Oil, Gas, Articles, Energy, Energy economics, Resource economics, Environmentalism, Climate change policy, Sustainability, Sustainable energy, Low-carbon economy

Williams (NYSE: WMB) announced today the release of its 2020 Sustainability Report, a comprehensive review of environmental, social and governance (ESG) performance metrics as the company meets growing demand for clean, affordable and reliable energy while protecting the environment and building strong communities.

Key Points: 
  • Williams (NYSE: WMB) announced today the release of its 2020 Sustainability Report, a comprehensive review of environmental, social and governance (ESG) performance metrics as the company meets growing demand for clean, affordable and reliable energy while protecting the environment and building strong communities.
  • Our 2020 Sustainability Report outlines the important role natural gas plays today in a viable and sustainable low-carbon future and how natural gas is critical to addressing and slowing climate change, said Williams President and CEO Alan Armstrong.
  • Williams ongoing focus on sustainable operations positions us well to meet clean energy demand for generations to come.
  • In addition, Williams 2020 Sustainability Report received independent assurance from ERM Certification and Verification Services (ERM CVS) related to greenhouse gas emissions, safety data and pipeline integrity.