LOS ANGELES--(BUSINESS WIRE)--Faraday Future (FF), a California-based global shared intelligent mobility ecosystem company, today announced that it has joined a coalition made up of 30 companies to launch the Zero Emission Transportation Association (ZETA), an organization dedicated to achieving 100% electric vehicle (EV) sales in the United States by 2030. Founding members are industry leaders in the EV space including Tesla, Uber and EVgo whose values and strategic interests support ZETA’s principles of EV adoption and growth in the US.
ZETA is the first coalition of its kind advocating for 100% EV sales by 2030, which will create hundreds of thousands of new jobs, secure American global EV manufacturing leadership, dramatically improve public health and significantly reduce carbon pollution.
Specifically, ZETA will focus on five key policy pillars that can, in the aggregate, put the US on the pathway to full EV sales by 2030:
1. Outcome-driven consumer EV incentives;
2. Emissions/performance standards;
3. Infrastructure investments;
4. Domestic manufacturing, including job creation and economic activity across the entire EV supply chain and lifecycle, from critical materials to vehicles;
5. Federal leadership and cooperation with sub-national entities.
“We are delighted to have the opportunity to be a founding partner in this extraordinary coalition of EV industry pioneers,” said Carsten Breitfeld, Global CEO of FF.
“At FF, we truly believe that EVs are the future and along with the fundamental principles that ZETA will advocate for, we can reach our goals for increased EV adoption and secure the path to future electric mobility.”
ABOUT FARADAY FUTURE
Established in May 2014, Faraday Future (FF) is a California-based global shared intelligent mobility ecosystem company, headquartered in Los Angeles. FF's vision is to create a shared intelligent mobility ecosystem that empowers everyone to move, connect, breathe, and live freely. FF aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the internet and new usership models. With the FF 91, FF has envisioned a vehicle that redefines transportation, mobility, and connectivity, creating a true “third internet living space,” complementing users’ home and smartphone internet experience.
FOLLOW FARADAY FUTURE:
https://www.ff.com/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture
ABOUT ZETA
ZETA brings together those who support meeting the goal of 100% electric vehicle sales by 2030. This diverse non-partisan group coordinates public education efforts and federal policy development to promote EV adoption with the goal of creating American electric vehicle manufacturing jobs, better serving consumers, improving air quality and public health, and significantly reducing carbon pollution.
FORWARD LOOKING STATEMENTS
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used herein, words such as “address,” “anticipate,” “believe,” “consider,” “continue,” “develop,” “estimate,” “expect,” “further,” “goal,” “intend,” “may,” “plan,” “potential,” “project,” “seek,” “should,” “target,” “will,” and variations of such words and similar expressions as they relate to FF or the proposed transactions are often used to identify such statements as “forward-looking statements.” Such statements reflect the current views of FF and its management with respect to future events, including the proposed transactions, and are subject to certain risks and uncertainties that may cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements.
For More Information About Faraday Future, Contact:
John Schilling
Director, Public Relations
310-956-6488
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For More Information About ZETA, Contact:
Joe Britton
Executive Director
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Washington, DC
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David Ganske
Communications and PR for ZETA
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Related Links
https://www.zeta2030.org
LONDON--(BUSINESS WIRE)--#covid19--The Fuel Oil Utilities Market is poised to experience spend growth of more than USD 123 billion between 2020-2024 at a CAGR of over 3.85%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages
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Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
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Anirban Choudhury
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra,” the “Company,” “we,” “us” or “our”) is pleased to announce the closing of a multi-faceted debt refinancing with First International Bank and Trust based in Watford City, ND. Nuverra executed a $10.0 million real estate loan, a $13.0 million equipment financing under the Main Street Priority Lending program, a $5.0 million undrawn working capital revolver and a $4.839 million letter of credit facility. Proceeds from the real estate loan and the equipment financing repaid all outstanding obligations owed to Ares under our first lien facility and revolver (which included the outstanding letters of credit) and all outstanding obligations under our second lien term loan held by affiliates of Gates Capital and Ascribe, our two largest shareholders.
“This is a very important refinancing for Nuverra. We are excited to be working with First International who designed a thoughtful refinancing structure. They know our industry and bring a level of experience that is refreshing, but not surprising given the bank’s 110 year history. With this refinancing, we have extended our maturities, lowered our borrowing rates, simplified our covenant structure and reduced our annual amortization. Nuverra is in a much better position to address the challenges still facing our industry,” said Charlie Thompson, Chief Executive Officer.
About Nuverra
Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. Our services include the delivery, collection, and disposal of solid and liquid materials that are used in and generated by the drilling, completion, and ongoing production of shale oil and natural gas. We provide a suite of solutions to customers who demand safety, environmental compliance and accountability from their service providers. Find additional information about Nuverra in documents filed with the U.S. Securities and Exchange Commission (“SEC”) at http://www.sec.gov.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. You can identify these and other forward-looking statements by the use of words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “might,” “will,” “should,” “would,” “could,” “potential,” “future,” “continue,” “ongoing,” “forecast,” “project,” “target” or similar expressions, and variations or negatives of these words.
These statements relate to our expectations for future events and time periods. All statements other than statements of historical fact are statements that could be deemed to be forward-looking statements, and any forward-looking statements contained herein are based on information available to us as of the date of this press release and our current expectations, forecasts and assumptions, and involve a number of risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date. Future performance cannot be ensured, and actual results may differ materially from those in the forward-looking statements. Some factors that could cause actual results to differ include, among others: the severity, magnitude and duration of the coronavirus disease 2019 ("COVID-19") pandemic and commodity market disruptions; changes in commodity prices or general market conditions; fluctuations in consumer trends, pricing pressures, transportation costs, changes in raw material or labor prices or rates related to our business and changing regulations or political developments in the markets in which we operate; risks associated with our indebtedness, including changes to interest rates, decreases in our borrowing availability, our ability to manage our liquidity needs and to comply with covenants under our credit facilities, including as a result of COVID-19 and oil price declines; the loss of one or more of our larger customers; delays in customer payment of outstanding receivables and customer bankruptcies; natural disasters, such as hurricanes, earthquakes and floods, pandemics (including COVID-19) or acts of terrorism, or extreme weather conditions, that may impact our business locations, assets, including wells or pipelines, distribution channels, or which otherwise disrupt our or our customers' operations or the markets we serve; disruptions impacting crude oil and natural gas transportation, processing, refining, and export systems, including litigation regarding the Dakota Access Pipeline; our ability to attract and retain key executives and qualified employees in strategic areas of our business; our ability to attract and retain a sufficient number of qualified truck drivers; the unfavorable change to credit and payment terms due to changes in industry condition or our financial condition, which could constrain our liquidity and reduce availability under our revolving credit facility; higher than forecasted capital expenditures to maintain and repair our fleet of trucks, tanks, pipeline, equipment and disposal wells; control of costs and expenses; changes in customer drilling, completion and production activities, operating methods and capital expenditure plans, including impacts due to low oil and/or natural gas prices, shut-in production, decline in operating drilling rigs, closures or pending closures of third-party pipelines or the economic or regulatory environment; risks associated with the limited trading volume of our common stock on the NYSE American Stock Exchange, including potential fluctuation in the trading prices of our common stock; risks and uncertainties associated with the outcome of an appeal of the order confirming our previously completed plan of reorganization; risks associated with the reliance on third-party analyst and expert market projections and data for the markets in which we operate that is utilized in our strategy; present and possible future claims, litigation or enforcement actions or investigations; risks associated with changes in industry practices and operational technologies; risks associated with the operation, construction, development and closure of salt water disposal wells, solids and liquids transportation assets, landfills and pipelines, including access to additional locations and rights-of-way, permitting and licensing, environmental remediation obligations, unscheduled delays or inefficiencies and reductions in volume due to micro- and macro-economic factors or the availability of less expensive alternatives; the effects of competition in the markets in which we operate, including the adverse impact of competitive product announcements or new entrants into our markets and transfers of resources by competitors into our markets; changes in economic conditions in the markets in which we operate or in the world generally, including as a result of political uncertainty; reduced demand for our services due to regulatory or other influences related to extraction methods such as hydraulic fracturing, shifts in production among shale areas in which we operate or into shale areas in which we do not currently have operations, and shifts to reuse of water in completion activities; the unknown future impact of changes in laws and regulation on waste management and disposal activities, including those impacting the delivery, storage, collection, transportation, and disposal of waste products, as well as the use or reuse of recycled or treated products or byproducts; and risks involving developments in environmental or other governmental laws and regulations in the markets in which we operate and our ability to effectively respond to those developments including laws and regulations relating to oil and natural gas extraction businesses, particularly relating to water usage, and the disposal and transportation of liquid and solid wastes.
The forward-looking statements contained, or incorporated by reference, herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s views as of the date of this press release. The Company undertakes no obligation to update any such forward-looking statements, whether as a result of new information, future events, changes in expectations or otherwise. Additional risks and uncertainties are disclosed from time to time in the Company’s filings with the SEC, including our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
Nuverra Environmental Solutions, Inc.
Investor Relations
602-903-7802
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Cognite Data Fusion powers Spot, the Boston Dynamics quadruped robot dog, as it completes autonomous mission onboard Aker BP Skarv installation in the North Sea
OSLO, Norway--(BUSINESS WIRE)--Cognite a global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around the world, has partnered with fully-fledged exploration and production company Aker BP to deploy Spot, the quadruped robotic dog, to pioneer the remote controlled offshore mission on the Skarv installation, 210 kilometers offshore in the North Sea.
The effort continues to build upon Aker BP and Cognite’s bold digital agenda to transform the industry through digitalization, which will result in improved efficiency, safety, and sustainability offshore. This recent endeavor signals a significant opportunity to transform the oil and gas industry worldwide.
Aker BP is committed to affordable, reliable, sustainable, and modern energy for all, and using robotics is a strong part of this vision. Spot’s work offshore is the next step in his journey as he was issued his official employee number in February at the Aker BP Capital Markets Day. In addition Aker BP has a number of other projects involving drones and additional mobile robots to deliver on their vision of optimized remote operations using Cognite’s data driven technology.
Cognite’s main software product, Cognite Data Fusion (CDF), served as the data infrastructure for the offshore test which collected images, scans, and sensors from robotics systems and then shared the data across Aker BP via a dashboard to make it actionable. Tasks included: autonomous inspection, high-quality data capture, and automatic report generation. These data insights provide onshore operators with telepresence on offshore installations allowing them complete realtime mission planning and help drive crucial activities.
The mobility of Spot offshore, and the communication between Spot, Cognite Data Fusion and Aker BP was both verified and tested. Data from Spot was available and sorted in Cognite Data Fusion in milliseconds, and Spot was remote controlled from a Cognite home office onshore demonstrating how robots and digital twins can have synergies and enhance each other. In addition, data from an operator round was collected to analyze if the sensor-stack on Spot was sufficient to comply with the proposed task.
“We are eager to explore how robotics systems can make offshore operations safer, more efficient, and more sustainable. The Spot offshore visit at the Skarv FPSO is one small step towards Aker BP’s vision to digitalize all our operations from cradle to grave to increase productivity, enhance quality, and improve the safety of our employees,” said Karl Johnny Hersvik, CEO of Aker BP.
“Missions like these demonstrate Spot’s value in difficult environments. Cognite continues to excel in testing and validating Spot’s ability to reduce risk to humans and provide value in the energy industry,” said Michael Perry, Vice President of Business Development at Boston Dynamics.
“This historic pairing of minds and machines working together to solve industry problems demonstrates that data driven decisions can change industry now,” said Dr. John Markus Lervik, CEO of Cognite. “This ability to guide Spot by remote control is a huge step forward for the industry and something we will continue to work closely with our partners on as we continue to innovate and provide data driven solutions.”
Cognite Data Fusion (CDF) is a cloud-based industrial data operations and intelligence platform, and it integrates seamlessly with existing IT and OT applications in the cloud, edge, and on-premise. CDF contextually enriches industrial data, providing an open, unified industrial data model that is easily accessible for humans and applications, enabling better analytical operations and data-driven decisions.
About Cognite
Cognite is a global industrial software-as-a-service (SaaS) company supporting the full-scale digital data driven transformation of heavy-asset industries around the world. Our core product, Cognite Data Fusion (CDF), is an industrial data operations and contextualization platform, putting raw data into real-world industrial context, enabling rapid application & solution creation at scale. CDF powers companies with contextualized OT/IT/ET data to develop solutions that increase safety, sustainability, efficiency, and drive revenue. Visit us at www.cognite.com and follow us on Twitter @CogniteData or at LinkedIn: https://www.linkedin.com/company/cognitedata
About Aker BP
Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). Measured in production, Aker BP is one of the largest independent oil companies in Europe. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar, partner in the Johan Sverdrup field and has a total of 141 licenses, including non-operated licenses. Aker BP holds no oil or gas assets outside Norway. Visit us at www.akerbp.com or follow us at LinkedIn, Facebook or Instagram.
Cognite
Michelle Holford
Global PR Lead
+15127443420 (US)
+4748290454 (Norway)
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Aker BP
Ole-Johan Faret
Press spokesperson
+4740224217
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SIMI VALLEY, Calif.--(BUSINESS WIRE)--$AVAV--AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it will issue financial results for the Company's second quarter ended October 31, 2020 after the market closes on Tuesday, December 8, 2020. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.
Hosting the call to review results for the fiscal second quarter will be Wahid Nawabi, president and chief executive officer, Kevin P. McDonnell, senior vice president and chief financial officer, and Steven A. Gitlin, chief marketing officer and vice president of investor relations.
Conference Call Event Summary
Date: December 8, 2020
Time: 1:30 PM PT (2:30 PM MT, 3:30 PM CT, 4:30 PM ET)
Toll-free: (877) 561-2749
International: (678) 809-1029
Conference ID: 4045199
Investors with Internet access may listen to the live audio webcast via the Investor Relations section of the AeroVironment, Inc. website, http://investor.avinc.com. Please allow 15 minutes prior to the call to download and install any necessary audio software.
Audio Replay Options
An audio replay of the event will be archived on the Investor Relations section of the Company's website at http://investor.avinc.com. The audio replay will also be available via telephone from Tuesday, December 8, 2020, at approximately 7:30 p.m. Pacific Time through Tuesday, December 15, 2020 at 7:30 p.m. Pacific Time. Dial (855) 859-2056 and enter the passcode 4045199. International callers should dial (404) 537-3406 and enter the same conference ID number to access the audio replay.
About AeroVironment, Inc.
AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can proceed with certainty. Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. For more information, visit www.avinc.com.
AeroVironment, Inc.
Makayla Thomas
+1 (805) 520-8350
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DUBLIN--(BUSINESS WIRE)--The "Oil Refining Industry in Libya 2020" report has been added to ResearchAndMarkets.com's offering.
The downstream energy sector report, "Oil Refining Industry in Libya" is a complete source of information on Libya's crude oil refining industry. It provides refinery level information relating to existing and planned (new build) refineries such as insights and forecasts of refinery capacities, refined petroleum products production and consumption, refinery complexity factor and comparison against peer group countries in the respective region. The report also covers complete details of major players operating in the refining sector in Libya and in depth analysis of the latest industry news and deals.
Report Scope
Key report benefits:
Key Topics Covered:
1 Table of Contents
1.1 List of Figures
1.2 List of Tables
2 Introduction to Libya Refining Markets
3 Refining Industry in Libya
3.1 Libya Refining Market Snapshot, 2019
3.2 Role of Libya in Global and Regional Refining Markets
3.2.1 Contribution to Middle East and Africa and Global Refining Capacity, 2019
3.2.2 Libya Average Nelson Complexity Factor (NCF) vs. Middle East and Africa and Global, 2019
4 Libya Refining Market- Drivers and Restraints
4.1 Libya Refining Industry: Trends and Issues
4.2 Major Restrains of Investing in Libya Refining Sector
5 Libya Oil Products Demand and Supply Forecast to 2025
5.1 Libya Refined Products Demand Forecast to 2025
5.2 Libya Refined Products Production Forecast to 2025
6 Libya Refinery Capacities Forecast to 2025
6.1 Location, Operator, Ownership, Startup Details of Operational Refineries in Libya
6.2 Libya Total Refining Capacity Historic and Forecast, 2012-2025
6.3 Libya Refining Capacity Historic and Forecast, 2012-2025
6.4 Libya Refinery wise Secondary Conversion Unit-1 Capacity, 2012-2025
6.5 Libya Refinery wise Secondary Conversion Unit-2 Capacity, 2012-2025
6.6 Libya Refinery wise Secondary Conversion Unit-3 Capacity, 2012-2025
7 Libya Refining Industry- Future Developments and Investment Opportunities
7.1 Capital Investment Details of All Upcoming Refineries
7.2 Location, Operator, Ownership, Start Up Details of Planned Refineries in Libya
7.2.1 Refinery Location, Operator, Ownership, Startup Details
7.3 Refinery Capacities of All Upcoming Refineries
8 Key Strategies Libya Refining Companies
8.1 Libya Company wise Refining Capacity Forecast, 2012-2025
9 National Oil Corporation (NOC) Company Profile
9.1 National Oil Corporation (NOC) Key Information
9.2 National Oil Corporation (NOC) Company Overview
9.3 National Oil Corporation (NOC) Business Description
9.4 National Oil Corporation (NOC) SWOT Analysis
9.5 National Oil Corporation (NOC) Financial Ratios - Capital Market Ratios
9.6 National Oil Corporation (NOC) Financial Ratios - Annual Ratios
9.7 National Oil Corporation (NOC) Financial Ratios - Interim Ratios
10 Libya Refining Industry Latest Tenders and Contracts
11 Libya Refining Industry Updates
12 Libya Refining Industry Deals
13 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/fbu8tz
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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SAN ANTONIO--(BUSINESS WIRE)--Heading into 2021, Massive Minerals Management announces six predictions that energy sector participants as well as mineral and royalty owners in particular, should consider as they prepare for potential outcomes and ramifications of the Covid-19 pandemic extending well into 2021. In sum, we will likely see artificially depressed energy demand, stagnating prices, depressed drilling activity, less production and cash flow leading to diminishing returns to investors, ultimately leading to the acceleration of capital flight and consolidation among industry participants.
“To be certain, Covid-19 has not single-handedly destroyed oil and gas prices. For a number of reasons, commodity prices were facing headwinds throughout 2019 and into 2020. The emergence of the coronavirus and its knock-on effects, however, converted these headwinds into a collective hurricane,” says attorney, Ben Holliday, founder of Massive Minerals Management.
Six predictions for energy industry participants – particularly mineral and royalty owners – to consider if the pandemic extends through 2021 and economic recovery materializes later than expected:
Additionally, if these predictions ensue, the potential beneficiaries will be those companies well positioned to acquire low-cost operators and core acreage positions. Ideally, these are stock deals for less than 10% premiums. For mineral and royalty owners, now is the perfect time to prepare for an upswing. A good start would be to focus on the three most common issues that could be missed or glossed over during periods of highly active oil and gas development: the operator’s ability to hold acreage, confirming payment in full on all production from their minerals, and ensuring that any concerns about surface operations are properly addressed.
In a time of exponential change in both the global economy and the oil and gas industry, it is imperative that mineral owners have a complete understanding of their mineral asset portfolio and its full value profile both today and tomorrow. Therefore, for this audience specifically, Massive Minerals Management wrote an insider’s guide entitled “Top 12 questions mineral owners should ask” which can be found online here.
“If the Covid-19 pandemic continues through 2021, the oil industry and mineral owners should note that: drilling may slow, operator turnover will be high, royalty cash flow may decrease, and mineral acquisition offers may increase,” adds Holliday. “It’s paramount that mineral owners remain vigilant in these times and continue to monitor and compare production volumes, production payments, and lease compliance to ensure that any discrepancies are timely caught and addressed.”
Kat Ladner
561-706-7863
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DUBLIN--(BUSINESS WIRE)--The "Oil and Gas Magnetic Ranging Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The oil and gas magnetic ranging market is expected to grow at a CAGR of more than 5% during the forecast period of 2020-2025.
Companies Mentioned
Key Market Trends
Onshore Segment to Dominate the Demand
Magnetic ranging refers to the determination of the relative position of one well with respect to other using magnetic measurements. It is used for several oil field applications, including positioning blow-out relief wells, steam-assisted gravity drainage, heavy oil applications, and planned intersection of one well with another.
North America to Dominate the Market
The United States is one of the largest producers of crude oil and natural gas, accounting for around 18% and 23% of the global production, respectively, in 2019. Already with 8390 drilled incomplete wells, new projects are expected to come online in the forecast period.
Key Topics Covered:
1 INTRODUCTION
1.1 Scope of Study
1.2 Market Definiton
1.3 Study Assumptions
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Location of Deployment
5.1.1 Offshore
5.1.2 Onshore
5.2 Geogrpahy
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Middle-East and Africa
5.2.5 South America
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/hfav6d
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, January 19, 2021, to discuss its fourth quarter 2020 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).
The Company will issue a press release regarding the fourth quarter 2020 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com.
Please visit the website to listen to the call via live webcast. You may also participate in the call by dialing (844) 358-9181 within North America or +1 (478) 219-0188 outside of North America. A passcode is not required. Attendees should log in to the webcast or dial in approximately 15 minutes prior to the start of the call.
A replay of the conference call will be available on Halliburton’s website until January 26, 2021. Also, a replay may be accessed by telephone at (855) 859-2056 within North America or +1 (404) 537-3406 outside of North America, using the passcode 2597409.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 140 nationalities in more than 80 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
For Investors:
Abu Zeya
Halliburton, Investor Relations
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281-871-2688
For Media:
Emily Mir
Halliburton, Public Relations
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281-871-2601
DUBAI, United Arab Emirates--(BUSINESS WIRE)--The UAE Water Aid Foundation (Suqia UAE), under the Mohammed bin Rashid Al Maktoum Global Initiatives, has opened registration for the 3rd Mohammed bin Rashid Al Maktoum Global Water Award. The award, with total prizes worth USD 1 million, aims to find sustainable and innovative solutions for water scarcity. Suqia has upscaled the award to include new technologies to produce, distribute, store, monitor, desalinate and purify water using renewable energy.
Suqia has added the Innovative Crisis Solutions Award to the three existing categories: Innovative Projects Award, Innovative Individual Award, and Innovative Research and Development Award. This encourages a larger number of research institutions and individuals to participate in the Award.
The Innovative Crisis Solutions Award is worth USD 20,000 and is allocated for small enterprises, research institutions and NGOs to innovate projects that can be deployed in emergencies. The project has to prove that it can aid at least 1,000 people in need of fresh water during the initial and critical phases of humanitarian assistance. In this category, the applicant need not demonstrate the use of renewable energy, but it is preferable.
HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees at Suqia UAE, said that upscaling the award and adding a new category, supports Suqia’s commitment to the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. This is to provide drinking water for people in need, especially the afflicted and underprivileged around the world; regardless of religion, ethnicity, culture, or nationality. The first and second cycles of the award witnessed a large turnout from international research centres, individuals, and innovators.
The Award supports Suqia UAE’s efforts, which, over the past five years, has helped over 13 million individuals in 36 countries through 1,000 sustainable water projects.
Registration in the Award is open until April 2021 on https://www.suqia.ae/en/awards
*Source: AETOSWire
Dubai Electricity and Water Authority
Khuloud Al Ali / Shaikha Almheiri / Mohammad Almheiri
+971563974965 / +971552288228 / +971552725291
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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced today Christopher Franklin, chairman and CEO of Essential Utilities, has been appointed to the Allegheny Conference on Community Development’s Board of Directors.
In March 2020, Essential Utilities purchased Peoples, the largest natural gas distribution company in Pennsylvania, headquartered in Pittsburgh Pa.
“Peoples has a strong history in the Pittsburgh region as a high quality utility service provider, employer and community partner,” said Christopher Franklin, chairman and CEO of Essential Utilities. “Peoples will continue to be a leader in driving beneficial change for our customers and communities. I’m proud to join the Allegheny Conference on Community Development board of directors to support the important work of the Conference’s team. I’m eager to work with them to continue to improve the region and to share the benefits of living and working in southwestern Pennsylvania.”
“Chris is a great addition to our board,” said Stefani Pashman, chief executive officer of the Allegheny Conference on Community Development. “Improving our region’s infrastructure is going to be front and center as we emerge from the COVID-19 pandemic and Chris brings with him a deep understanding of the investment required to make sure all communities across our region are able to move forward.”
The Allegheny Conference on Community Development is a nonprofit, private sector leadership organization dedicated to economic development in the 10-county region composing southwestern Pennsylvania.
About Essential
Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves. For more information, visit http://www.essential.co.
About Peoples
Peoples is an energy provider serving approximately 740,000 homes and business in Western Pennsylvania, West Virginia and Kentucky. The company’s mission is to improve the lives of its customers and to help build long-term economic growth for the regions it serves. For more information about Peoples, visit www.peoples-gas.com and follow Peoples on social media @peoplesnatgas.
WTRGG
Barry Kukovich
O: 412.430.3187
DAYTON, Ohio--(BUSINESS WIRE)--REX American Resources Corporation (NYSE American: REX), a leading ethanol company, announced today that it will report its fiscal 2020 third quarter financial results on Thursday, December 3, pre-market and will host a conference call and webcast at 11:00 a.m. ET that morning to review the results.
To access the conference call, interested parties may dial 212-231-2912 (domestic and international callers). Participants can also listen to a live webcast of the call on the REX website at www.rexamerican.com/Corp/Page4.aspx. A webcast replay will be available for 30 days following the live event at www.rexamerican.com/Corp/Page4.aspx.
About REX American Resources Corporation
REX American Resources has interests in six ethanol production facilities, which in aggregate shipped approximately 576 million gallons of ethanol over the twelve-month period ended July 31, 2020. REX’s effective ownership of the trailing twelve-month gallons shipped (for the twelve months ended July 31, 2020) by the ethanol production facilities in which it has ownership interests was approximately 194 million gallons. In addition, the Company acquired a refined coal operation in August 2017. Further information about REX is available at www.rexamerican.com.
Douglas Bruggeman
Chief Financial Officer
937/276‑3931
Joseph Jaffoni, Norberto Aja
JCIR
212/835-8500
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LONDON--(BUSINESS WIRE)--#FuelOilMarket--The global fuel oil market size is expected to reduce by USD 84.77 billion while decelerating at a CAGR of about 13% during 2020-2024. Technavio's report indicates a negative growth in the short term due to the spread of the COVID-19 pandemic. The imposition of lockdowns worldwide led to the complete closure of manufacturing facilities, which affected the supply and demand for fuel oil. However, the market is expected to gain traction and witness steady growth over the forecast period due to the rising demand for oil in developing countries such as China and India.
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"One of the primary growth drivers for this market is the rise in world energy demand,” says a senior analyst for the Energy industry at Technavio. The global demand for energy has been increasing continuously due to the strong growth in economic activities worldwide. Besides, the growth of the transportation, residential, and commercial sectors, especially in emerging economies such as China and India has significantly increased the global demand for fuel oil.
Fuel Oil Market Segment Highlights for 2020
Regional Analysis
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SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced that Balu Balakrishnan and Sandeep Nayyar, the company’s CEO and CFO, will participate in an online fireside chat at the Wells Fargo TMT Summit on December 1 at 2:20 p.m. Pacific time. A live webcast of the event will be available via the investor page of the company’s website, investors.power.com.
About Power Integrations
Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power-conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information please visit www.power.com.
Power Integrations and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc.
Joe Shiffler
Power Integrations, Inc.
(408) 414-8528
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LONDON--(BUSINESS WIRE)--#GlobalOffshoreOilandGasPipelineMarket--The global offshore oil and gas pipeline market is expected to grow by USD 2.79 billion, progressing at a CAGR of over 4% during the forecast period. Technavio expects the market to have a negative impact due to the spread of the COVID-19 pandemic. The pandemic delayed several oil and gas pipeline projects across the world. However, the market is expected to gradually gain pace, once business processes and investment activities in the oil and gas industry are back to normal.
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"One of the primary growth drivers for this market is the increase in global energy demand”, says a senior analyst for the Energy industry at Technavio. Rising industrialization and urbanization in developing countries such as India and China have significantly increased the global consumption and demand for oil and gas. Besides, the expansion of existing gas-fired power plants and the emergence of new power plants is increasing the demand for offshore oil and gas pipelines, which is driving the market growth.
Offshore Oil and Gas Pipeline Market Segment Highlights for 2020
Regional Analysis
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LONDON--(BUSINESS WIRE)--#GlobalWindTurbineMonitoringSystemsMarket--The global wind turbine monitoring systems market size is poised to grow by USD 4.23 billion during 2020-2024, progressing at a CAGR of almost 16% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
The increase in the failure of wind turbine components is one of the key factors driving the growth of the global wind turbine monitoring system during the forecast period. Due to the dynamic nature of wind, these generators endure various recurrent load variations and mechanical stress, which can lead to their breakdown. Any damage to the wind turbine generator will adversely impact the entire operation of the wind turbine. This is where the monitoring system comes in very handy, as it can detect accidents early and provide a timely response before significant losses occur. Thus, the failure of components is expected to drive the market for wind turbine monitoring systems.
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The reduction in cost for wind projects will be a Key Market Trend
This reduction in the cost of wind projects is mainly due to the drop in prices for offshore applications. Given that wind-generated electricity prices are extremely competitive, they incur costs that are lower than all other renewable resources. Moreover, further cost reduction will further drive the growth of the wind energy market during the forecast period.
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Wind Turbine Monitoring Systems Market 2020-2024: Key Highlights
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Automation Solution Market in Renewable Power Generation Industry by End-user and Geography - Forecast and Analysis 2020-2024: The automation solution market size in the renewable power generation industry has the potential to grow by USD 3.10 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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LONDON--(BUSINESS WIRE)--#FlexiblePipesMarketforOilandGas--The global flexible pipes market for oil and gas is expected to grow by USD 123.54 million, progressing at a CAGR of over 2% during the forecast period. The outbreak of the COVID-19 pandemic has negatively impacted the growth of the market. The increasing incidence of COVID-19 has affected oil and gas manufacturing and related activities and subsequently the demand for flexible pipes. However, the growing demand for energy from developing countries such as China and India and increasing investments in the oil and gas industry in Southeast Asia is expected to open new opportunities for market players during the forecast period.
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"One of the primary growth drivers for this market is the rising investment in upstream oil and gas activity,” says a senior analyst for the Energy industry at Technavio. The growing population and rapid urbanization have increased the global demand for energy. This is compelling many countries to explore untapped oil and gas resources using advanced technologies. It has increased investments in mature oil and gas fields, which is driving the demand for flexible pipes for oil and gas production.
Flexible Pipes Market for Oil and Gas Segment Highlights for 2020
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Charging collaboration provides access to one of the largest networks of public chargers for drivers and support for retailers
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint, one of the world’s largest electric vehicle (EV) charging networks, and Volvo Car USA LLC are working to make the charging experience seamless for drivers of Volvo Cars’ Recharge models and provide support for its retail network. The announcement comes just ahead of the launch of the Volvo XC40 Recharge pure electric SUV across North America.
ChargePoint will support Volvo Cars retail networks across the United States and Canada and provide opportunities for Volvo Car drivers to buy the ChargePoint Home Flex home charger, adding to the convenience of charging at home. Volvo Cars’ drivers will also be able to take advantage of one of North America’s largest EV charging networks with access to most of ChargePoint’s more than 115,000 places to charge and thousands of additional charging spots publicly available through roaming agreements throughout the region.
“The transition to electric mobility is inevitable and the introduction of exciting new EV models like the all-new XC40 Recharge is another example of the shift already underway around the world,” said Michael Hughes, Chief Revenue Officer, ChargePoint. “ChargePoint’s collaboration with Volvo Cars in the United States and Canada will provide a platform for EV charging across public, residential, and retail locations in the United States and Canada. With access to North America’s largest charging network, the ability to buy the ChargePoint Home Flex, and by providing support for retail charging deployments, this is a blueprint for collaborations that can advance the electric mobility revolution into the future.”
“This collaboration with ChargePoint gives Volvo Cars a way to break down one barrier to EV adoption, which is the ability to quickly and easily get a charge,” said Anders Gustafsson, Senior Vice President, Americas and President and CEO, Volvo Car USA.
Home Charging Solutions
As the adoption of EVs increases, fueling behavior changes, transforming the driver experience. Unlike fueling ICE-powered vehicles, charging an EV takes place where the car is parked anyway, with more than 80 percent of charging occurring at home and work. To help enhance the buying experience and make it easier for Volvo Cars’ drivers making the switch to electric, purchasers of the XC40 Recharge and other Recharge models can select to buy the ChargePoint Home Flex, one of the market’s fastest, most advanced and flexible home chargers available today. With the ability to deliver up to 50 amps, Flex allows drivers to charge any EV up to 9 times faster than a standard wall outlet, delivering up to 37 miles of electric driving Range Per Hour. Adjustable amperage options support almost any charging need and can be matched to any home’s electrical supply today and into the future.
Retail Charging Solutions
As Volvo Cars retailers in the U.S. and Canada prepare for the introduction of the brand’s first pure EV, they will have access to ChargePoint’s entire portfolio of AC and DC fast charging hardware and software solutions to fit the wide range of needs required to support the future suite of EVs hitting the market. ChargePoint will offer Volvo Cars’ retailers special pricing and support as they deploy charging infrastructure at their locations. ChargePoint’s comprehensive suite of solutions and services gives retailers access to assistance from site design to installation as well as a robust warranty.
Public Charging Solutions
Drivers of the XC40 Recharge and future Volvo Recharge models, will be able to leverage one of the world’s largest EV charging networks with access to most of ChargePoint’s more than 115,000 places to charge. Through roaming agreements with other EV charging providers, drivers will also be able to access thousands of additional places to charge with one ChargePoint account throughout North America. This represents access to more than 80 percent of publicly available networked EV charging throughout the United States and Canada.
With the ChargePoint app, drivers can conveniently manage both home and public charging in one place, with the ability to locate stations, check status, start a session and more.
About ChargePoint
Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric. The company has built the largest EV charging network and most complete portfolio of charging solutions available today. ChargePoint’s cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe. To date, drivers have logged more than 84 million charging sessions, with drivers plugging into the ChargePoint network approximately every two seconds. ChargePoint is creating the new fueling network to move all people and goods on electricity. For more information, visit the ChargePoint pressroom or contact the This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it. press offices.
ChargePoint:
Darryll Harrison, Sr. Director, Global Communications and Social Media
(o) 669-237-3380
(c) 562-250-4720
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SALT LAKE CITY--(BUSINESS WIRE)--WesTech Engineering, Inc., an employee-owned company, and JS&S (Water Holdings) Inc., a subsidiary of John Swire & Sons Limited ("Swire"), are pleased to announce they have signed a Membership Interest Purchase Agreement (MIPA) for the sale of WesTech to Swire. Terms of the MIPA are confidential and the offer is subject to shareholder approval.
WesTech Engineering, Inc. provides process solutions and services for water and wastewater treatment, liquids/solids separation, and biological treatment needs in municipal, industrial, and minerals markets worldwide.
Swire is a highly diversified global group headquartered in the UK with activities in property development, beverages and food chain, aviation, marine services and other trading and industrial interests. In the water sector, Swire also owns Purestream, a specialized water treatment company compatible to WesTech and together the two companies will be able to accelerate the deployment of their leading solutions.
"WesTech is an excellent company with a nearly five-decade history of delivering world-class equipment and solutions in the water treatment industry," said James Hughes-Hallett, Financial Director of John Swire & Sons. "This agreement will allow Swire to combine its existing resources with WesTech’s capabilities, thereby accelerating our position in the water treatment market – advancing Swire’s commitment to sustainability and specifically the responsible use and management of water."
About WesTech
Founded in 1972, WesTech is an employee-owned company headquartered in Salt Lake City, UT, with offices in Ames, Iowa and globally in Brazil, China, India, Italy, Peru and South Africa. With more than 500 employees, its core purpose is to provide process equipment and water technology solutions to benefit humanity.
About Swire (www.swire.com)
Swire is a highly diversified global group, with principal business activities grouped into five categories: Property, Aviation, Agribusiness & Food Chain, Marine Services and Trading & Industrial. Many of Swire's core businesses can be found within the Asia Pacific region, traditionally centered on the Hong Kong Special Administrative Region and Chinese mainland. Within Asia, Swire's activities come under the group's Hong Kong publicly quoted arm, Swire Pacific Limited. The Swire group's UK-based parent company, John Swire & Sons Limited, has a 55% shareholding in Swire Pacific, and also has major business interests in Australia, Papua New Guinea, East Africa, Sri Lanka, the USA and UK.
John Swire & Sons Limited is responsible for formulating and directing overall group strategy and provides a range of services including recruitment, employment, and training of staff for the group and its subsidiaries, which today employ over 133,000 people worldwide.
Cameron Fuller
Business Strategy Analyst
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In an industry where women are just 19% of the workforce,
Encamp’s new Women of EHS initiative is putting them front and center.
INDIANAPOLIS--(BUSINESS WIRE)--Encamp, an end-to-end environmental compliance platform for the Environment Health and Safety (EHS) sector, has announced its new Women of EHS initiative to let women throughout the EHS industry tell their stories. As a forum, the initiative will let women in all areas of the EHS field discuss aspects of their careers and other environmental and societal issues they’re passionate about. And with the following topics among many on the discussions list, the responses promise to be as candid and illuminating as they are inspirational.
● How and why did you get into the environmental field?
● What are some of the challenges you’ve faced and how have you overcome them?
● Share your thoughts on the future of EHS...
● How can the EHS space improve for women?
● What advice would you give to other women who choose EHS as a career?
The Women of EHS initiative will feature an ongoing series of personal profiles, blogs, videos, and webinars, all to be posted at encamp.com/women-of-ehs.
A greater voice
According to Safety + Health magazine and its 2020 EHS Salary Survey, women currently make up just 19% of the EHS workforce in the U.S. Results of the survey, conducted in conjunction with the Board of Certified Safety Professionals (BCSP), were compiled from more than 9,200 respondents and published in the magazine’s November issue.
Encamp launched its initiative in part to encourage more women to explore EHS as a career. The goal is also to give a greater voice to women who are already leaders in the industry. Of the female respondents to the Safety + Health-BCSP survey, 23% are directors, managers, chiefs, or department heads, and another 36% directly supervise other staff. The average tenure of women in the EHS field is 13 years.
“We need more women and diversity in the industry and in executive roles,” said Jaime Geil, a Senior Environmental Scientist at Encamp and one of the early contributors to the Women in EHS series. “Women need to feel like they can speak up and should be a part of decision making. We have to give women a seat at the table and space to thrive and excel in this industry.”
Agreed, Jaime. That’s why the time is right for Women of EHS to be heard.
About Encamp
Since 2017, organizations have used Encamp’s cloud-based end-to-end platform to simplify how they manage documents, tasks and deadlines for Environmental Health and Safety (EHS) compliance. Businesses also more easily submit Tier II forms for hazardous chemicals and reports for the Emergency Planning and Community Right-to-Know Act (EPCRA), and track their compliance status in all 50 states. This makes our platform truly one of a kind and has made Encamp the largest third-party filer of EPCRA Tier II reports in the EHS industry.
Encamp
Jessica Engel, Director of Marketing
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