INPEX

LSB Industries, Inc. Reports Operating Results for the 2024 First Quarter

Retrieved on: 
Monday, April 29, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Alternative Energy, Energy, Dorado, Total, INPEX, EPA, Investment, LSB, Safety, Front-end loading, Fertilizer, Carbon, CCS, Senior, Air Liquide, Mining, CO2, Samsung Engineering

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.
  • “Our first quarter results were consistent with our expectations for a significant improvement relative to our fourth quarter of 2023," stated Mark Behrman, LSB Industries’ President and CEO.
  • "Selling prices remained lower relative to the prior year quarter as the spike in nitrogen prices experienced in 2022 kept prices elevated during the first quarter of 2023.
  • This was partially offset by a solid increase in sales volumes driven by strong demand for fertilizers, enhanced by our strategic commercial efforts.

Minesto strengthens market activities in Australia and New Zealand by partnering with local project developer

Retrieved on: 
Friday, March 15, 2024
Partnership, Logic, BHP, INPEX

GOTHENBURG, Sweden, March 15, 2024 /PRNewswire/ -- Minesto, leading ocean energy developer, strengthens the market activities in Australia and New Zealand by signing collaboration agreement with a new business partner, Hydrokite Project Development.

Key Points: 
  • GOTHENBURG, Sweden, March 15, 2024 /PRNewswire/ -- Minesto, leading ocean energy developer, strengthens the market activities in Australia and New Zealand by signing collaboration agreement with a new business partner, Hydrokite Project Development.
  • The new partner is established fit-for-purpose to exclusively bring Minesto's technology to these new markets.
  • Minesto expands the market activities in Australia and New Zealand by signing local business partner Hydrokite Project Development to spearhead market entry activities in the region.
  • "I look forward to our partnership and to bring Minesto's unique tidal power generating technology to Australia and New Zealand", says Manuel Sessink.

Minesto strengthens market activities in Australia and New Zealand by partnering with local project developer

Retrieved on: 
Friday, March 15, 2024
Partnership, Logic, BHP, INPEX

GOTHENBURG, Sweden, March 15, 2024 /PRNewswire/ -- Minesto, leading ocean energy developer, strengthens the market activities in Australia and New Zealand by signing collaboration agreement with a new business partner, Hydrokite Project Development.

Key Points: 
  • GOTHENBURG, Sweden, March 15, 2024 /PRNewswire/ -- Minesto, leading ocean energy developer, strengthens the market activities in Australia and New Zealand by signing collaboration agreement with a new business partner, Hydrokite Project Development.
  • The new partner is established fit-for-purpose to exclusively bring Minesto's technology to these new markets.
  • Minesto expands the market activities in Australia and New Zealand by signing local business partner Hydrokite Project Development to spearhead market entry activities in the region.
  • "I look forward to our partnership and to bring Minesto's unique tidal power generating technology to Australia and New Zealand", says Manuel Sessink.

LSB Industries, Inc. Reports Operating Results for the 2023 Fourth Quarter and Provides Product Sales Volume Outlook for 2024

Retrieved on: 
Tuesday, March 5, 2024
Sustainability, Environment, Climate Change, Chemicals, Plastics, Maritime, Green Technology, Transport, Manufacturing, Dorado, Engineering, LSB, Nitric acid, Investment, Mining, Farmer, Carbon, INPEX, Safety, CCS, Metal, UAN, CO2, Air Liquide, KBR, Fertilizer

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.
  • Total cash and short-term investments of approximately $306 million as of December 31, 2023
    This is a Non-GAAP measure.
  • “Our fourth quarter results were consistent with our expectations," stated Mark Behrman, LSB Industries’ President and CEO.
  • Our fourth quarter results benefited from increased production and sales volumes of downstream products reflecting improved manufacturing operations.”
    "Our continued focus on safety resulted in a TRIR of 0.33 for the year representing 'world class' performance.

Expro Awarded Contract With INPEX for Carbon Capture Utilization and Storage Pilot Project

Retrieved on: 
Tuesday, January 23, 2024
Alternative Energy, Energy, Other Energy, Oil, Gas, Carbon, Hydrogen, Well, Risk, Multimedia, INPEX, 8-K, EnergySolutions, CCUS, Form, Running, Security (finance)

Energy services provider, Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”), has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project.

Key Points: 
  • Energy services provider, Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”), has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project.
  • “Carbon storage sites are a fundamental part of clean hydrogen projects and ensuring the long-term integrity of those wells is imperative.
  • This will be the country's first project to build an integrated hydrogen and ammonia value chain from production to usage.
  • For more information, please visit expro.com and connect with Expro on X (formerly Twitter) @ExproGroup and LinkedIn @Expro.

KBR Blue Ammonia Technology Selected for a Low-Carbon Project in the US Gulf Coast

Retrieved on: 
Wednesday, January 10, 2024
Hydrogen, Senior, KBR, Ammonia, INPEX, Carbon, Safety, LSB, Renewable energy

HOUSTON, Jan. 10, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its blue ammonia technology has been selected by Tokyo-based INPEX Corporation and Oklahoma City-based LSB Industries for a large, commercial-scale clean ammonia production and export project in the US Gulf Coast.

Key Points: 
  • HOUSTON, Jan. 10, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its blue ammonia technology has been selected by Tokyo-based INPEX Corporation and Oklahoma City-based LSB Industries for a large, commercial-scale clean ammonia production and export project in the US Gulf Coast.
  • "We are honored to work with INPEX and LSB on this strategic project to implement our market-leading low-carbon blue ammonia technology," said Doug Kelly, KBR President, Technology.
  • "KBR brings a wealth of experience, expertise and innovation to this world-scale, blue ammonia project," said Mark Behrman, LSB Industries President and CEO.
  • KBR is a world leader in ammonia technology and has been at the forefront of innovation in the ammonia industry for decades.

OCOchem Raises $5 Million in Seed Funding Led by TO VC

Retrieved on: 
Wednesday, November 15, 2023
Carbon, Brix, Agriculture, Pressure, NYSE, Climate change, D, Transport, Plant, Carbon dioxide, Hydrogen, CO2, Electrochemistry, Multimedia, Laboratory, Tree, Atmosphere, Water, Soil, Photosynthesis, Formate, INPEX, HAL, Fertilizer, Temperature, Thought, Wood, Coal, Natural gas, Renewable energy

RICHLAND, Wash., Nov. 15, 2023 /PRNewswire/ -- Carbon conversion startup OCOchem has raised $5 million in Seed funding from lead investor TO VC. INPEX Corp. (IPXHF.NaE), the LCY Lee Family Office, and MIH Capital Management also participated in the round. These investors join Halliburton Labs, Halliburton Company's (NYSE: HAL) energy and climate tech accelerator, which has been supporting OCOChem's scaling since 2021. 

Key Points: 
  • The climate tech company's innovation converts CO2 and water into sustainable platform molecules for use in agriculture, energy, and transportation
    RICHLAND, Wash., Nov. 15, 2023 /PRNewswire/ -- Carbon conversion startup OCOchem has raised $5 million in Seed funding from lead investor TO VC .
  • OCOchem will use the newly raised funds to scale its modular carbon conversion technology to industrial proportions and build a pilot plant for commercial demonstration operations.
  • OCOchem is at the forefront of that transition, reframing the thinking around CO2 and producing something vital from it.
  • TO VC is proud to be partnering with OCOchem to make its mission of keeping fossil fuels in the ground a reality."

LSB Industries, Inc. Reports Operating Results for the 2023 Third Quarter

Retrieved on: 
Wednesday, November 1, 2023
Other Energy, Professional Services, Other Natural Resources, Mining, Minerals, Alternative Energy, Energy, Agriculture, Natural Resources, Other Manufacturing, Chemicals, Plastics, Environmental, Social and Governance (ESG), Manufacturing, Ammonia, NYSE, Lapis lazuli, FEED, Air Liquide, INPEX, Nitric acid, CCS, VI, EPA, Environment, Houston Ship Channel, Nitrogen, Sam Houston Ship Channel Bridge, CO2, LSB, Investment, Class, Rare-earth element, Palladium, Fertilizer, Renewable energy

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2023.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2023.
  • "We continue to experience a weaker pricing environment relative to last year, but our results were also impacted by lower production volumes versus our expectations.
  • While we hit a speed bump early in the quarter, our manufacturing operations have been performing well since early September, and we expect that to continue, setting us up for improved results in the fourth quarter.
  • We expect to determine our next steps on these projects in the first quarter of 2024.

Hoverboard Inventor Introduces a Revolutionary Parallel, Two-Wheeled Electric Car Invention

Retrieved on: 
Tuesday, October 17, 2023
NASA, INPEX, American Dream, History (American TV network), Travel, History, CES, Imagination, Hoverboard, ISPO, Electric unicycle, Invention, Life, Albert Museum, Physics, Film industry, Rail transport, Chen, Human-powered hydrofoil

CAMAS, Wash., Oct. 17, 2023 /PRNewswire/ -- Shane Chen, inventor of the original Hoverboard, today introduced his latest invention, SHANE: a first-of-its-kind parallel two-wheeled electric car concept that embraces the laws of physics to create a futuristic driving experience for motorists, today. SHANE is the first two-wheeled car concept to be practical and efficient for everyday urban and highway use.

Key Points: 
  • The car and a new hoverboard are the latest inventions from Shane Chen, Inventist, prolific inventor of alternative electric rideables
    CAMAS, Wash., Oct. 17, 2023 /PRNewswire/ -- Shane Chen, inventor of the original Hoverboard, today introduced his latest invention, SHANE : a first-of-its-kind parallel two-wheeled electric car concept that embraces the laws of physics to create a futuristic driving experience for motorists, today.
  • SHANE is the first two-wheeled car concept to be practical and efficient for everyday urban and highway use.
  • Chen today holds a total of 76 patents including the popular Hoverboard, Solowheel, Orbitwheels, Powerwing and Aquaskipper.
  • The SHANE invention marks the inaugural moment in auto history that a parallel two-wheeled electric car is practical for everyday driving.

Green Hydrogen International and INPEX CORPORATION Agree to Advance Hydrogen City Project in South Texas

Retrieved on: 
Thursday, October 12, 2023
Hydrogen, GHI, Partnership, INPEX, LNG, Benzo(ghi)perylene, Natural gas

HOUSTON, Oct. 12, 2023 /PRNewswire/ -- INPEX CORPORATION (INPEX), Japan's largest oil and gas exploration and production company, and Green Hydrogen International (GHI), the world leader in green hydrogen developments, have signed a Joint Study Agreement to advance GHI's flagship Hydrogen City production hub in South Texas with the aim of producing green hydrogen and green ammonia to meet growing Asian and global market demand.

Key Points: 
  • The companies will work together to develop GHI's flagship Hydrogen City Project in South Texas while evaluating large scale green hydrogen/ammonia exports to Asian and global customers.
  • HOUSTON, Oct. 12, 2023 /PRNewswire/ -- INPEX CORPORATION (INPEX), Japan's largest oil and gas exploration and production company, and Green Hydrogen International (GHI), the world leader in green hydrogen developments, have signed a Joint Study Agreement to advance GHI's flagship Hydrogen City production hub in South Texas with the aim of producing green hydrogen and green ammonia to meet growing Asian and global market demand.
  • GHI's low-cost model of producing green hydrogen utilizing salt cavern storage and behind-the-meter renewable power aims to solve the cost and scale challenges of green hydrogen production.
  • "GHI is honored to be partnering with INPEX CORPORATION on our Hydrogen City project.