Idemitsu Kosan

Vertex Energy Provides Operational Update Regarding Mobile Refinery and Updates Prior Third Quarter Guidance

Retrieved on: 
Thursday, September 29, 2022

All aforementioned third-party supply issues have since been resolved, and all maintenance was completed safely, on time, and within budget.

Key Points: 
  • All aforementioned third-party supply issues have since been resolved, and all maintenance was completed safely, on time, and within budget.
  • The Company expects to return to the refinery's stated operational capacity by the first week of October.
  • Houston-based Vertex Energy, Inc. (NASDAQ: VTNR), is an energy transition company focused on the production and distribution of conventional and alternative fuels.
  • Vertex cautions that the Projections are speculative in nature and based upon subjective decisions and assumptions.

Honda and Idemitsu Hold 10th Anniversary Event of Rider Development Project at Grand Prix of Japan

Retrieved on: 
Monday, September 26, 2022

The rider development program by Honda and Idemitsu began in 2013 with the IDEMITSU Honda Team Asia's entry into the Moto2 World Championship.

Key Points: 
  • The rider development program by Honda and Idemitsu began in 2013 with the IDEMITSU Honda Team Asia's entry into the Moto2 World Championship.
  • In 2016, Honda Team Asia, aimed at providing a path to Moto2, began racing in the Moto3 class.
  • The following year, the Dorna Sports SL.-organized Idemitsu Asia Talent Cup kicked off, aiming to produce world-class riders.
  • In 2018, IDEMITSU Honda Team Asia rider Takaaki Nakagami moved from Moto2 to representing LCR Honda IDEMITSU in the MotoGP class, completing the rider development path to the premier class.

United States Electric Vehicle Fluids Market Outlook & Forecast Report 2022-2027 Featuring Key Vendors - Exxon Mobil, Valvoline, & GS Caltex - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 6, 2022

The "U.S. Electric Vehicle Fluids Market - Industry Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "U.S. Electric Vehicle Fluids Market - Industry Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • By propulsion: The U.S. electric vehicle fluids oil market is divided into segments by propulsion, battery electric vehicles, and plug-in hybrid batteries.
  • Exxon Mobil Corporation, Phillips 66, GS Caltex, Idemitsu, and Valvoline are a few prominent players operating in the US electric vehicle fluids market.
  • Recent Developments in the U.S. Electric Vehicle Fluids Market:
    In 2019, Exxon Mobil launched Mobil EV, a new fluid for electric vehicles.

Pertamina's rank in Fortune's Global 500 jumps 64 spots

Retrieved on: 
Thursday, August 11, 2022

In 2022, the Fortune Global 500 list places 30 world oil and gas companies in the Petroleum Refining category.

Key Points: 
  • In 2022, the Fortune Global 500 list places 30 world oil and gas companies in the Petroleum Refining category.
  • State-Owned Enterprises (SOE) Minister Erick Thohir lauded Pertamina's success in re-entering the Fortune Global 500 list, with a significant improvement in ranking.
  • Thohir said that Pertamina's ranking is testament to the fact that Indonesia's SOEs can compete with global companies.
  • According to Widyawati, Pertamina's performance has helped it climb the rankings in the Fortune Global 500 list in 2022.

Idemitsu Renewables Completes Funding of $61M Tax Equity and Debt Financing for Luciana Solar project

Retrieved on: 
Wednesday, July 27, 2022

SAN FRANCISCO, July 27, 2022 /PRNewswire/ --Idemitsu Renewables, the U.S.-based renewable energy business of Idemitsu Kosan Co.,Ltd., announced today it has completed funding of tax equity and debt financing for its 73 megawatt Luciana Solar Project in Tulare County, California.

Key Points: 
  • SAN FRANCISCO, July 27, 2022 /PRNewswire/ --Idemitsu Renewables, the U.S.-based renewable energy business of Idemitsu Kosan Co.,Ltd., announced today it has completed funding of tax equity and debt financing for its 73 megawatt Luciana Solar Project in Tulare County, California.
  • Morgan Stanley Renewables Inc. provided the tax equity.Rabobank provided the debt financing.
  • The 73 megawatt Luciana project began commercial operation in May 2022, and is owned and operated by Idemitsu Renewables.
  • "This project continues our team's legacy of execution from greenfield, financing, construction to operations of utility scale solar projects.

Smart City Entrepreneurs and Japanese Industry Leaders Gather at The Chase Center in San Francisco to Discuss the Future of Cities

Retrieved on: 
Thursday, July 21, 2022

SAN FRANCISCO, July 21, 2022 /PRNewswire/ -- Scrum Studio announced the conclusion of the second year of its global open innovation program, SmartCityX, at its SmartCityX Conference that was held today at The Chase Center in San Francisco. The conference showcased program achievements resulting from its SmartCityX Y2 program, launched to create meaningful ventures between global startups and Japanese corporations.

Key Points: 
  • The conference showcased program achievements resulting from its SmartCityX Y2 program, launched to create meaningful ventures between global startups andJapanese corporations.
  • "Cities are evolving and re-emerging stronger than ever from the pandemic," said Michael Proman, Managing Director at Scrum Ventures and SmartCityX.
  • "The collaborations between our Japanese partners and participating stage-agnostic startups transcend multiple smart city categories and represent some of the most thoughtful and innovative solutions being deployed around the world.
  • During the SmartCityX Conference, entrepreneurs and executives from regions throughout the world also presented technologies and business solutions including:

Minti Labs and IMSA Fastlane™ - the Evolution of Motorsport Collectibles

Retrieved on: 
Wednesday, June 22, 2022

The International Motor Sports Association (IMSA) has partnered with Minti Labs to launch IMSA Fastlane , a digital fan engagement platform.

Key Points: 
  • The International Motor Sports Association (IMSA) has partnered with Minti Labs to launch IMSA Fastlane , a digital fan engagement platform.
  • The IMSA Fastlane Marketplace will allow users to buy, sell, and trade the digital collectibles produced by Minti Labs.
  • IMSA Fastlane takes the same approach and is applying it to the fan experience, said Paul Dube, co-founder and CEO at Minti Labs.
  • From digital collectibles to gaming to the metaverse, Minti Labs is a gateway to possibility - limited only by a brands creativity.

Idemitsu Renewables 73MW Luciana Solar Project achieves commercial operation in California

Retrieved on: 
Tuesday, May 31, 2022

SAN FRANCISCO, May 31, 2022 /PRNewswire/ -- The Luciana solar project, a 73 megawatt solar project in Tulare County, CA has achieved commercial operation and is expected to generate clean and affordable power equivalent to the needs of over 20,000 California homes.  

Key Points: 
  • SAN FRANCISCO, May 31, 2022 /PRNewswire/ -- The Luciana solar project, a 73 megawatt solar project in Tulare County, CA has achieved commercial operation and is expected to generate clean and affordable power equivalent to the needs of over 20,000 California homes.
  • "Considering the unprecedented supply chain challenges the industry faced this past year, we are proud to have successfully achieved commercial operation of the Luciana project through our partnership with East Bay Clean Energy (EBCE)," said Cary Vandenberg, CEO of Idemitsu Renewables.
  • By bringing the Luciana project to commercial operation, Idemitsu Renewables celebrates its commitment to being a leader in the U.S. renewable energy space.
  • Idemitsu Renewables, the U.S. based renewable energy subsidiary of Idemitsu Kosan Co.,Ltd., is a leading solar and energy storage developer and independent power producer.

Transaction Increasing Cameco’s Ownership Stake in Cigar Lake Closes

Retrieved on: 
Thursday, May 19, 2022

Camecos ownership stake in the Cigar Lake uranium mine in northern Saskatchewan now stands at 54.547%, 4.522 percentage points higher than it was prior to the transaction, while Oranos interest is 40.453%, an increase of 3.353 percentage points from its previous share.

Key Points: 
  • Camecos ownership stake in the Cigar Lake uranium mine in northern Saskatchewan now stands at 54.547%, 4.522 percentage points higher than it was prior to the transaction, while Oranos interest is 40.453%, an increase of 3.353 percentage points from its previous share.
  • For more information regarding this transaction, please see Camecos May 10, 2022 news release announcing the acquisition.
  • Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world.
  • Our competitive position is based on our controlling ownership of the worlds largest high-grade reserves and low-cost operations.

Orano Increases Ownership in Cigar Lake Mine

Retrieved on: 
Tuesday, May 10, 2022

SASKATOON, Saskatchewan, May 10, 2022 (GLOBE NEWSWIRE) -- Orano Canada Inc. (Orano) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire Idemitsu Canada Resources Ltd.s (Idemitsu) 7.875% ownership in the Cigar Lake Joint Venture.

Key Points: 
  • SASKATOON, Saskatchewan, May 10, 2022 (GLOBE NEWSWIRE) -- Orano Canada Inc. (Orano) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire Idemitsu Canada Resources Ltd.s (Idemitsu) 7.875% ownership in the Cigar Lake Joint Venture.
  • We are excited to increase our ownership stake in the Cigar Lake mine, said Orano Canada President and CEO Jim Corman.
  • Orano Canada is the operator of the McClean Lake uranium mill and a major partner in the Cigar Lake (currently 37.1% increasing to 40.453%), McArthur River (30.2%) and Key Lake (16.7%) operations.
  • Orano toll mills the ore from the Cigar Lake mine at the McClean Lake mill.