Methane

Nokia commits to net zero greenhouse gas emissions by 2040 #MWC24

Retrieved on: 
Monday, February 26, 2024

Espoo, Finland – Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net zero by 2040, accelerating its previous target by ten years, and putting it ahead of the Paris Agreement target of net zero by 2050.

Key Points: 
  • Espoo, Finland – Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net zero by 2040, accelerating its previous target by ten years, and putting it ahead of the Paris Agreement target of net zero by 2050.
  • Pekka Lundmark, President and CEO of Nokia, said: “Our new emission reduction targets show that net zero is a business priority for Nokia.
  • Net zero: Net zero refers to a reduction of 90% in greenhouse gas emissions to as close to zero as possible, with a maximum of up to 10% remaining hard-to-abate emissions being neutralized through carbon removals.
  • To limit global warming to 1.5°C, greenhouse gas emissions must by halved by 2030 and reach net zero by 2050.

Vital Energy Reports Fourth-Quarter and Full-Year 2023 Financial and Operating Results

Retrieved on: 
Wednesday, February 21, 2024

TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook. Supplemental slides have been posted to the Company's website and can be found at www.vitalenergy.com. A conference call and webcast is planned for 7:30 a.m. CT, Thursday, February 22, 2024. Participation details can be found within this release.

Key Points: 
  • Plans to invest $750 - $850 million, increasing FY-24 oil production ~10% from 4Q-23 exit
    TULSA, OK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE: VTLE) ("Vital Energy" or the "Company") today reported fourth-quarter and full-year 2023 financial and operating results and provided its 2024 outlook.
  • "We now have the scale and inventory to sustainably maximize cash flows from operating activities and generate Adjusted Free Cash Flow.
  • In 2023, Vital Energy published the Company's fourth Sustainability Report and an inaugural Climate Risk and Resilience Report.
  • In 2023, Vital Energy expanded this certification to approximately 60% of its gross operated oil production and became the first company to receive the TrustWell Low Methane Rating.

Zefiro Methane Corp. Sponsored Athlete Erika Reineke Taking on America’s Best Sailors in Major Qualifying Event

Retrieved on: 
Tuesday, February 20, 2024

FORT LAUDERDALE, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”), which works to reduce methane emissions by plugging orphaned oil and gas wells across the country, sponsored athlete Erika Reineke is taking part in a qualifying competition against a collection of the country’s best sailors in Miami, Florida.

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”), which works to reduce methane emissions by plugging orphaned oil and gas wells across the country, sponsored athlete Erika Reineke is taking part in a qualifying competition against a collection of the country’s best sailors in Miami, Florida.
  • Success in the event would secure Reineke’s spot in the world’s preeminent athletic competition taking place in France this summer.
  • Reineke is a former US Rolex Yachtswoman of the Year (2017), four-time Collegiate Singlehanded National Champion (2013-2016), and four-time NCAA All-American (2013-2015, 2017.
  • Pictured are Erika Reineke (left) and Zefiro Methane Corp.

Alen Air Purifiers are Transforming Home Health to Fight Rising Indoor Air Quality Dangers

Retrieved on: 
Thursday, March 7, 2024

The company’s education campaign focuses on pervasive health risks associated with poor indoor air quality.

Key Points: 
  • The company’s education campaign focuses on pervasive health risks associated with poor indoor air quality.
  • “The dangers of poor indoor air quality are not just invisible – they silently jeopardize our health, amplifying the risk of respiratory issues, allergies and long-term health complications,” said Alen CEO, Warburg Lee.
  • Alen air purifiers with HEPA fresh filtration capture fine particles, including ash, soot and VOCs, effectively removing them from the indoor air and reducing exposure to harmful pollutants and allergens like pollen, pet dander, and mold spores, providing symptom relief and improving overall indoor air quality.
  • Addressing these sources of indoor air pollution typically involves implementing strategies such as improving ventilation, using air purifiers with HEPA filters like Alen, and reducing or eliminating the use of products with harmful chemicals.

FLIR Announces Si2-Series of Acoustic Imagers to Detect Compressed Air Leaks, Partial Discharges, Mechanical Faults, and Quantify Gas Leaks

Retrieved on: 
Wednesday, March 6, 2024

FLIR , a Teledyne Technologies company, today announced the expansion of its versatile Si-Series of acoustic imaging cameras with three models in the new Si2 family, designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges: the Si2-Pro, Si2-LD, and Si2-PD.

Key Points: 
  • FLIR , a Teledyne Technologies company, today announced the expansion of its versatile Si-Series of acoustic imaging cameras with three models in the new Si2 family, designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges: the Si2-Pro, Si2-LD, and Si2-PD.
  • View the full release here: https://www.businesswire.com/news/home/20240305787640/en/
    The three models of the new Si2 family, the Si2-Pro, Si2-LD, and Si2-PD, are designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges.
  • The Si2 cameras apply an array of acoustic imaging advancements that work to detect and quantify air and gas leaks, mechanical faults, and partial discharge, making them the top-performing acoustic imaging cameras on the market for these types of detections.
  • On-camera decision support tools include mechanical defect measurement, classification and severity assessment of partial discharges, leak size estimation, and cost analysis.

JMR Services® and A-Plus P&A Announce Strategic Merger to Create the Leading Pure-Play P&A Service Provider in the Nation

Retrieved on: 
Tuesday, March 5, 2024

Mr. Roark founded JMR with his brother, Lee Roark, in 2015 and brings 41 years of industry experience to the combined company.

Key Points: 
  • Mr. Roark founded JMR with his brother, Lee Roark, in 2015 and brings 41 years of industry experience to the combined company.
  • Mr. Roark brings 28 years of industry experience with a primary focus on plugging and abandonment operations.
  • Randy Pacheco, Chief Executive Officer at A-Plus since 2016, will assume the role of Vice President of Governmental Affairs after the merger.
  • Mr. Pacheco has spent 25 years in and around the oilfield service industry, including a combined 10 years in multiple CEO roles.

Renewable Thermal Collaborative Releases Case Study on the U.S. Renewable Natural Gas (RNG) Agreement between AstraZeneca and Vanguard Renewables

Retrieved on: 
Monday, March 4, 2024

The Renewable Thermal Collaborative recently released a case study on the first-of-its-kind partnership between AstraZeneca and Vanguard Renewables to enable the delivery of renewable natural gas (RNG) to all of AstraZeneca's sites in the United States by 2026.

Key Points: 
  • The Renewable Thermal Collaborative recently released a case study on the first-of-its-kind partnership between AstraZeneca and Vanguard Renewables to enable the delivery of renewable natural gas (RNG) to all of AstraZeneca's sites in the United States by 2026.
  • Procuring RNG from Vanguard Renewables supports AstraZeneca’s transition to 100% renewable energy, a key element of the company’s flagship Ambition Zero Carbon strategy.
  • Buyers interested in learning more about renewable thermal should:
    Read more case studies from the RTC to learn how energy users and solutions providers are deploying renewable thermal fuels and technologies.
  • The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities.

MethaneSAT Now in Orbit after SpaceX Launches Groundbreaking Mission to Protect the Climate

Retrieved on: 
Tuesday, March 5, 2024

Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.

Key Points: 
  • Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.
  • The groundbreaking satellite is designed to help protect the Earth’s climate by accelerating reductions of a powerful greenhouse pollutant, focusing first on oil and gas operations, a major source of methane.
  • MethaneSAT will show us the full scope of the opportunity by tracking emissions to their source.”
    Krupp announced MethaneSAT in a 2018 TED Talk as part of the TED Audacious Project .
  • MethaneSAT was made possible entirely by the support of EDF donors and our partnership with the Government of New Zealand .

Global Long Duration Energy Storage Industry Report 2023-2044: Materials, Equipment Markets, Technology Roadmaps, Manufacturers, Winners, Losers, Alternatives - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "Long Duration Energy Storage LDES Reality: Materials, Equipment Markets in 35 Lines, Technology Roadmaps, Manufacturers, Winners, Losers, Alternatives" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Long Duration Energy Storage LDES Reality: Materials, Equipment Markets in 35 Lines, Technology Roadmaps, Manufacturers, Winners, Losers, Alternatives" report has been added to ResearchAndMarkets.com's offering.
  • The Long Duration Energy Storage (LDES) report provides in-depth look at the future landscape of the industry – from materials and equipment markets to technology roadmaps, and company profiles.
  • The report delves into the reality of LDES, revealing potential winners and losers and exploring a wide array of alternatives through analytical forecasts stretching from 2024 to 2044.
  • Similar in-depth analysis is provided for other storage technologies like Compressed Air Energy Storage (CAES), Chemical Intermediary LDES (hydrogen, ammonia, methane), and Pumped Hydro Storage.

SCS Technologies Announces Jane Stricker as Executive Chairperson of Urban Reforestation Event in Galena Park, Texas

Retrieved on: 
Monday, February 26, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240226861312/en/
    SCS Technologies Announces Jane Stricker, Executive Director of the Greater Houston Partnership’s Houston Energy Transition Initiative (HETI), as Chairperson of Urban Reforestation Event in Galena Park, Texas (Photo: Business Wire)
    “We are honored that Jane Stricker is spearheading our Galena Park tree-planting effort.
  • As a revered leader in the energy transformation movement, Jane's impact is profound across Houston’s diverse energy sector and internationally,” said Cody Johnson, CEO of SCS Technologies.
  • SCS Technologies is leading by example, demonstrating how innovative solutions and community-focused actions can drive meaningful change,” said Stricker.
  • “As the executive chairperson, I am proud to be part of the Galena Park tree distribution event, an initiative that illustrates our shared dedication to environmental sustainability and community enrichment.