Business Wire News

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the board of directors of its general partner has declared the partnership’s quarterly cash distribution of $0.655 per limited partner unit ($2.620 annually) for the quarter ended June 30, 2022, which is flat quarter-over-quarter. In addition, Crestwood announced a quarterly cash distribution of $0.2111 per Class A preferred equity unit ($0.8444 annually). Both common and preferred distributions will be made on August 12, 2022, to unitholders of record as of August 5, 2022.


Crestwood plans to report financial results for the second quarter 2022 on Tuesday, July 26, 2022, before the New York Stock Exchange opens for trading. Following the announcement, management will host a conference call for investors and analysts at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) that day to discuss the operating and financial results. Crestwood will provide an update on its operations and financial strategy at that time. The call will be broadcast live over the internet via audio webcast. Investors will be able to connect to the webcast via the “Investors” page of Crestwood’s website at www.crestwoodlp.com. Please log in at least ten minutes in advance to register and download any necessary software. A replay will be available shortly after the call for 90 days.

About Crestwood Equity Partners LP

Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates midstream businesses in multiple shale resource plays across the United States. Crestwood is engaged in the gathering, processing, treating, compression, storage and transportation of natural gas; storage, transportation, terminaling, and marketing of NGLs; gathering, storage, terminaling and marketing of crude oil; and gathering and disposal of produced water. Visit Crestwood Equity Partners LP at www.crestwoodlp.com; and to learn more about Crestwood’s sustainability efforts, please visit https://esg.crestwoodlp.com.

Forward Looking Statements

This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal securities law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. These risks and assumptions are described in Crestwood’s annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s view only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.

Tax Notice to Foreign Investors

This release serves as qualified notice to nominees under Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note that 100% of Crestwood’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Crestwood’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not Crestwood, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.


Contacts

Crestwood Equity Partners LP
Investor Contact


Rhianna Disch, 713-380-3006
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Director, Investor Relations

Sustainability and Media Contact


Joanne Howard, 832-519-2211
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Senior Vice President, Sustainability and Corporate Communications

DUBLIN--(BUSINESS WIRE)--The "Offshore Wind Energy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.


The global offshore wind energy market reached a value of US$ 9.14 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 24.71 Billion by 2027, exhibiting a CAGR of 18.03% during 2021-2027.

Companies Mentioned

  • E.ON SE
  • Electricite de France S.A.
  • Equinor ASA
  • General Electric Company
  • Nordex SE
  • Northland Power Inc.
  • Orsted A/S
  • Siemens Gamesa Renewable Energy S.A. (Siemens Energy AG)
  • Suzlon Energy Limited
  • Vestas Wind Systems A/S
  • Xinjiang Goldwind Science & Technology Co. Ltd.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Offshore wind energy relies on wind turbines located in ocean waters to generate electricity, which is transmitted via cables to the mainland grid. It is a cost-effective, abundant, and clean source of energy. It can provide reliable and affordable renewable power near coastal energy load centers wherein there is a scarcity of sites for large-scale renewable energy development.

It helps reduce greenhouse gas (GHG) emissions, increase energy security and diversity, create jobs, and promote sustainable development. At present, there is a rise in the adoption of renewable sources of energy production and consumption across the globe, which is catalyzing the demand for offshore wind energy.

There is presently a considerable increase in the number of offshore wind farms worldwide. This, in confluence with the burgeoning energy sector, represents one of the key factors impelling the growth of the market. Moreover, onshore wind energy is nowadays near the development limit in several countries on account of the visual and noise impact constraints that make it increasingly challenging to find appropriate sites.

Besides this, physical blockages from buildings and landscapes like hills or mountains can also cause inconsistencies in production, and consequently, onshore wind cannot fails in generating energy year-round. However, recent developments in offshore wind energy are reducing visual impacts, minimizing turbulence, and lowering noise constraints. It is also more productive than land-based wind energy due to higher and more consistent wind speeds, which is impelling the market growth.

Furthermore, the construction of offshore wind turbine plants is more feasible as large offshore turbines can be transported using barges or ships. This, coupled with increasing investments in upcoming offshore wind power projects by governing authorities, is driving the market.

Key Questions Answered in This Report:

  • How has the global offshore wind energy market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global offshore wind energy market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the foundation type?
  • What is the breakup of the market based on the capacity?
  • What is the breakup of the market based on the location?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global offshore wind energy market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Offshore Wind Energy Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

7 Market Breakup by Foundation Type

8 Market Breakup by Capacity

9 Market Breakup by Location

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/zhn1dn


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)


Distribution

The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June 30, 2022, of $0.52 per unit.

This corresponds to $2.08 per outstanding unit on an annualized basis.

This cash distribution will be paid on August 11, 2022 to all unitholders of record as of the close of business on July 28, 2022.

About KNOT Offshore Partners LP

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of the North Sea and Brazil. KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classified as a corporation for U.S. federal income tax purposes, and thus issues a Form 1099 to its unitholders, rather than a Form K-1. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP”.

Forward looking statements

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. Factors that can affect future results are discussed in the Annual Report on Form 20-F filed by the Partnership with SEC. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.


Contacts

KNOT Offshore Partners LP
Gary Chapman
Chief Executive Officer and Chief Financial Officer
Tel: +44 7496 170 620
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NEW YORK--(BUSINESS WIRE)--#BestClassProducts--H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $50 billion of equity capital under management, is pleased to announce that its portfolio company, United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market, has completed the acquisitions of Shape, Inc. (“Shape”), Engineered Equipment Solutions (“EES”), Newman Regency Group (“Newman Regency”) and Southwest Valve & Equipment (“Southwest Valve”). UFT has completed seven acquisitions since its formation in July 2021.


These acquisitions represent four leading providers of best-in-class products and value-added services to the municipal water and wastewater markets throughout the United States, and accelerate UFT’s strategic entry into new territories, product categories and OEM partnerships.

As part of the transactions, UFT will partner with the leadership teams of each business to support their growth initiatives within an integrated and operationally cohesive UFT, with each business’ leadership team and brand remaining in place. Additionally, each of the key principals from each acquired company will become shareholders of UFT. Terms of the transactions were not disclosed.

“We are very excited to partner with the Shape, EES, Newman Regency and Southwest Valve teams, all of whom represent market leaders in their respective regions throughout the United States. We believe that these outstanding companies will thrive as part of the UFT platform and be able to accelerate their long term growth and value creation plans,” commented Matt Hart, CEO of UFT.

“We are thrilled to continue supporting management and UFT in their efforts to further enhance and expand UFT’s product offering and geographical reach,” added Rahul Vinnakota, Managing Director at H.I.G.

About Shape, Inc.

Founded in 1979 and headquartered in Pleasanton, CA, Shape is a provider of pumps and process equipment to the municipal water and wastewater markets. Shape provides industry-leading products and repair services to its customers via multiple offices throughout California. For more information, visit www.shapecal.com.

About Engineered Equipment Solutions

Founded in 2003 and headquartered in State Center, IA, EES is a provider of process equipment products and services to the municipal water and wastewater markets. EES offers high quality, innovative solutions to its customers via multiple offices across Iowa, Colorado and Nebraska. For more information, visit www.e-equipmentsolutions.com.

About Newman Regency Group

Founded in 1999 and headquartered in Stafford, TX, Newman Regency is a provider of process equipment products and services to the municipal water and wastewater markets. Newman Regency provides market-leading products from top-tier manufacturers to its customers via multiple offices across Texas and Oklahoma. For more information, visit www.newmanregencygroup.com.

About Southwest Valve & Equipment

Founded in 2001 and headquartered in Fresno, CA, Southwest Valve is a provider of flow control products and services to the municipal water and wastewater markets. Southwest Valve offers its customers the most up-to-date sustainable custom manufacturing solutions via multiple offices across California, Nevada, Arizona and New Mexico. For more information, visit www.southwestvalve.com.

About United Flow Technologies

United Flow Technologies is a platform established in July 2021 to invest in the municipal and industrial water and wastewater market. UFT partners with leading equipment providers to provide world class products, efficient solutions, and valuable services to municipalities and industrial customers across the United States. For more information, visit www.uft.com.

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with $50 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

  1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
  2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
  3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
  4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

 


Contacts

Rahul Vinnakota
Managing Director
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Vivek Jain
Principal
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ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets supporting government and commercial markets, today announced that it will issue second quarter 2022 results after market close on Wednesday, July 27, 2022. A conference call will be held Thursday, July 28, 2022 at 8:30 A.M. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session.


A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of VSE’s website at https://ir.vsecorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.

To participate in the live teleconference on July 28, 2022:
Domestic Live: (877) 407-0789
International Live: (201) 689-8562
Web link: Click Here

To listen to a replay of the teleconference through August 11, 2022:
Domestic Replay: (844) 512-2921
International Replay: (412) 317-6671
Replay PIN Number: 13731169

ABOUT VSE CORPORATION
VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s services and products, visit us at www.vsecorp.com.

FORWARD LOOKING STATEMENTS
This release contains statements that, to the extent they are not recitations of historical fact, constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward-looking statements in this news release, see VSE’s public filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and VSE specifically disclaims any obligation to update these statements in the future.


Contacts

INVESTOR RELATIONS: Noel Ryan | Phone: 720.778.2415 | This email address is being protected from spambots. You need JavaScript enabled to view it.

NORTH BETHESDA, Md.--(BUSINESS WIRE)--$ESAB #ESABCorporation--ESAB Corporation ("ESAB" or the “Company”) (NYSE: ESAB), a world leader in fabrication and specialty gas control technology, announced today that it will issue a press release providing financial results for the second quarter of 2022 on the morning of Tuesday, August 9, 2022. The Company will hold a conference call to discuss these results beginning at 8:00 a.m. Eastern on that day, which will be open to the public by calling +1-888-550-5302 (U.S. callers) and +1-646-960-0685 (International callers) and referencing the conference ID number 4669992 and through webcast via ESAB’s website www.ESABcorporation.com under the “Investors” section.


ESAB’s financial results press release and supplemental information referenced on the call, if any, for the second quarter 2022 will be available under the “Investors” section of ESAB’s website prior to the conference call. A link to a replay of the call will also be available on the ESAB Corporation website later that day.

About ESAB Corporation

ESAB Corporation (NYSE: ESAB) is a world leader in fabrication and specialty gas control technology, providing our partners with advanced equipment, consumables, specialty gas control, robotics, and digital solutions which enable the everyday and extraordinary work that shapes our world. To learn more, visit www.ESABcorporation.com.


Contacts

Investor Relations Contact
Mark Barbalato
Vice President, Investor Relations
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: 1-301-323-9098

Media Contact
Tilea Coleman
Vice President, Corporate Communications
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: 1-301-323-9092

DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today reported that its board of directors has declared a $0.40 per share dividend on its common stock. The dividend will be payable on August 31, 2022, to stockholders of record as of August 15, 2022.


Additionally, the Company announced that it will report its first half and second quarter 2022 results after the market close on Monday, August 1, 2022. The company plans to host a conference call to discuss these results at 10:00 a.m. ET on Tuesday, August 2, 2022.

Investors can access the call by dialing 833-634-5017 (toll-free) or 412-902-4213 (international) and asking to be joined into the CF Industries call. The conference call also will be available live on the Company’s website at www.cfindustries.com. Participants also may pre-register for the webcast on the Company’s website. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. A replay of the webcast will be available through the company’s website at www.cfindustries.com.

About CF Industries Holdings, Inc.
At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the company’s website at www.cfindustries.com and encourages those interested in the company to check there frequently.


Contacts

Media
Chris Close
Director, Corporate Communications
847-405-2542 – This email address is being protected from spambots. You need JavaScript enabled to view it.

Investors
Martin Jarosick
Vice President, Treasury and Investor Relations
847-405-2045 – This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a potentially significant expansion of its global liquefied natural gas (LNG) business through investment in a new large-scale LNG facility under development by Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), in Jefferson County, Texas. ConocoPhillips has entered into a Heads of Agreement (HOA) with Sempra to acquire a 30% direct equity holding in Port Arthur Liquefaction Holdings, LLC and an LNG offtake equivalent to approximately 5 million tonnes per annum (Mtpa) from the Port Arthur LNG project.


The first phase of the project is fully permitted and expected to include two liquefaction trains and LNG storage tanks, as well as associated facilities capable of producing, under optimal conditions, up to approximately 13.5 Mtpa of LNG. As one of the top five natural gas marketers in North America, ConocoPhillips will bring extensive commercial expertise and resources to benefit the project. Under the terms of the HOA, ConocoPhillips will supply the gas for its 5 Mtpa offtake and may provide additional gas supply services to the Port Arthur LNG facility. In addition, ConocoPhillips will have the option to acquire certain LNG offtake and equity ownership from future contemplated LNG trains at the Port Arthur LNG site, where a similarly sized Phase 2 project is also under development.

“ConocoPhillips has been a driving force in the LNG industry since we helped open the Atlantic LNG market beginning in the 1950s, and then the Asia-Pacific market by delivering the first LNG cargo to Tokyo Bay in 1969,” said Ryan Lance, chairman and chief executive officer. “The decision to enter into this agreement with Sempra provides us with a ground-floor opportunity to participate in premier LNG developments, reinforcing our commitment to helping solve the world’s energy supply needs as we transition to a lower-carbon future. Sempra brings a long history of successful LNG project development, and we look forward to working together to provide reliable LNG to support the energy transition and strengthen U.S. and global energy security.”

“At Sempra, we believe bold new partnerships will be central to solving the world’s energy security and decarbonization challenges,” said Jeffrey W. Martin, chairman and chief executive officer of Sempra. “That is why we are excited to announce this proposed partnership with ConocoPhillips, a leading global energy producer that also shares our vision of responsibly developing and delivering cleaner energy resources.”

The companies will also evaluate development of low-carbon projects, including a carbon capture and storage (CCS) project for the Port Arthur LNG facility, and Sempra Infrastructure would have the opportunity to participate in carbon capture and sequestration projects developed by ConocoPhillips in Texas or Louisiana in connection with the Port Arthur LNG project. Additionally, the HOA provides an opportunity for ConocoPhillips to acquire offtake and equity participation in Sempra’s development of the Energia Costa Azul LNG Phase 2 Project to be located north of Ensenada, Baja California, Mexico. This future expansion of the existing Energia Costa Azul project is ideally located to supply Asia-Pacific markets.

The referenced HOA is a preliminary, non-binding arrangement, with development of the Port Arthur LNG project subject to concluding definitive agreements and resolving a number of risks and uncertainties, including, among others, signing engineering and construction contracts, obtaining financing and reaching a final investment decision between the parties.

“This HOA aligns with our Triple Mandate, the objectives of which are to reliably and responsibly deliver production to meet energy transition pathway demand, deliver competitive returns on and of capital to our shareholders, and achieve our Paris-aligned targets and 2050 net-zero operational emissions ambition,” added Lance. “We are now positioned among the largest natural gas producers in the U.S. through our recent acquisitions of Concho and Shell’s Permian assets and are interested in expanding our LNG presence. Equity ownership in the Port Arthur LNG project would allow ConocoPhillips to participate in future expansions and lower-carbon activities in line with our own strategic initiatives.”

The use of natural gas in place of coal and refined products represents an opportunity for significant reductions in greenhouse gas emissions across the globe. ConocoPhillips will leverage existing strengths in natural gas marketing and trading and emissions reduction projects in support of the Port Arthur LNG project as well as its growing global LNG portfolio. That portfolio includes the recent announcements of the company increasing its equity share in Australia Pacific LNG to 47.5% and selection as a partner in the North Field East Project in Qatar, further bolstering ConocoPhillips’ presence in the country. The company also licenses its liquefaction Optimized Cascade Process® in 27 trains around the world and has become one of the largest natural gas producers and marketers in North America.

--- # # # ---

About ConocoPhillips

ConocoPhillips is one of the world’s leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 13 countries, $93 billion of total assets and approximately 9,400 employees at March 31, 2022. Production averaged 1,747 MBOED for the three months ended March 31, 2022, and proved reserves were 6.1 BBOE as of Dec. 31, 2021. For more information, go to www.conocophillips.com.

CAUTIONARY STATEMENT FOR THE PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements as defined under the federal securities laws. Forward-looking statements relate to future events, plans and anticipated results of operations, business strategies, and other aspects of our operations or operating results. Words and phrases such as “anticipate," “estimate,” “believe,” “budget,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict," “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” and other similar words can be used to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, the company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond our control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements. Factors that could cause actual results or events to differ materially from what is presented include the impact of public health crises, including pandemics (such as COVID-19) and epidemics and any related company or government policies or actions; global and regional changes in the demand, supply, prices, differentials or other market conditions affecting oil and gas, including changes resulting from any ongoing military conflict, including the conflict between Russia and Ukraine and the global response to it, or from a public health crisis or from the imposition or lifting of crude oil production quotas or other actions that might be imposed by OPEC and other producing countries and the resulting company or third-party actions in response to such changes; changes in commodity prices, including a prolonged decline in these prices relative to historical or future expected levels; insufficient liquidity or other factors, such as those listed herein, that could impact our ability to repurchase shares and declare and pay dividends such that we suspend our share repurchase program and reduce, suspend, or totally eliminate dividend payments in the future, whether variable or fixed; changes in expected levels of oil and gas reserves or production; potential failures or delays in achieving expected reserve or production levels from existing and future oil and gas developments, including due to operating hazards, drilling risks or unsuccessful exploratory activities; unexpected cost increases, inflationary pressures or technical difficulties in constructing, maintaining or modifying company facilities; legislative and regulatory initiatives addressing global climate change or other environmental concerns; investment in and development of competing or alternative energy sources; disruptions or interruptions impacting the transportation for our oil and gas production; international monetary conditions and exchange rate fluctuations; changes in international trade relationships, including the imposition of trade restrictions or tariffs on any materials or products (such as aluminum and steel) used in the operation of our business, including any sanctions imposed as a result of any ongoing military conflict, including the conflict between Russia and Ukraine; our ability to collect payments when due under our settlement agreement with PDVSA; our ability to collect payments from the government of Venezuela as ordered by the ICSID; our ability to complete any announced or any future dispositions or acquisitions on time, if at all; the possibility that regulatory approvals for any announced or any future dispositions or acquisitions will not be received on a timely basis, if at all, or that such approvals may require modification to the terms of the transactions or our remaining business; business disruptions following the acquisition of assets from Shell (the “Shell Acquisition”) or any other announced or any future dispositions or acquisitions, including the diversion of management time and attention; the ability to deploy net proceeds from our announced or any future dispositions in the manner and timeframe we anticipate, if at all; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation, including litigation related directly or indirectly to our transaction with Concho Resources Inc.; the impact of competition and consolidation in the oil and gas industry; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; general domestic and international economic and political conditions or developments, including as a result of any ongoing military conflict, including the conflict between Russia and Ukraine; the ability to successfully integrate the assets from the Shell Acquisition or achieve the anticipated benefits from the transaction; unanticipated difficulties or expenditures relating to the Shell Acquisition; changes in fiscal regime or tax, environmental and other laws applicable to our business; and disruptions resulting from accidents, extraordinary weather events, civil unrest, political events, war, terrorism, cyber attacks or information technology failures, constraints or disruptions; and other economic, business, competitive and/or regulatory factors affecting our business generally as set forth in our filings with the Securities and Exchange Commission. Unless legally required, ConocoPhillips expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts

Dennis Nuss (media)
281-293-1149
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Investor Relations
281-293-5000
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AUSTIN, Texas--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the second quarter of 2022. The distribution will be paid on August 5, 2022 to unitholders of record as of the close of business on July 25, 2022.


Second Quarter 2022 Earnings Conference Call

In addition, USA Compression will release its second quarter 2022 results prior to the opening of U.S. financial markets on Tuesday, August 2. Management will conduct an investor conference call the same day starting at 11 a.m. Eastern Time (10 a.m. Central Time) to discuss financial and operating results. The call will be broadcast live over the internet. Investors may participate either by phone or audio webcast.

By Phone:

 

Dial 888-394-8218 inside the U.S. and Canada at least 10 minutes before the call and ask for the USA Compression Partners Earnings Call. Investors outside the U.S. and Canada should dial 323-701-0225. The conference ID for both is 9863431.

 

 

 

 

 

A replay of the call will be available through August 12, 2022. Callers inside the U.S. and Canada may access the replay by dialing 888-203-1112. Investors outside the U.S. and Canada should dial 719-457-0820. The conference ID for both is 9863431.

 

 

 

By Webcast:

 

Connect to the webcast via the “Events” page of USA Compression’s Investor Relations website at http://investors.usacompression.com. Please log in at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call.

ABOUT USA COMPRESSION PARTNERS, LP

USA Compression Partners, LP is a growth-oriented Delaware limited partnership that is one of the nation’s largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers and transporters of natural gas and crude oil. USA Compression focuses on providing natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities and transportation applications. More information is available at usacompression.com.

NON-U.S. WITHHOLDING INFORMATION

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of USA Compression’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, USA Compression’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

FORWARD-LOOKING STATEMENTS

Statements in this press release may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of USA Compression, and a variety of risks that could cause results to differ materially from those expected by management of USA Compression. USA Compression undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.


Contacts

Matt Liuzzi / 512-369-1624
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2022 third-quarter earnings results on Thursday, August 4, 2022, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Senior Vice President and Chief Financial Officer Roberto Bel will present an overview of NJR’s financial and operational performance for the fiscal 2022 third quarter ended June 30, 2022.

A few minutes prior to the webcast, visit www.njresources.com and select “Investor Relations.” Scroll down and click the webcast link under “Latest Events” on the right side of the page.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

  • New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,600 miles of natural gas transportation and distribution infrastructure to serve over 560,000 customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and Burlington counties.
  • Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of more than 370 megawatts, providing residential and commercial customers with low-carbon solutions.
  • Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
  • Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River and the Adelphia Gateway Pipeline Project, as well as our 50% equity ownership in the Steckman Ridge natural gas storage facility.
  • Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its over 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR: www.njresources.com.
Follow us on Twitter.com@NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.


Contacts

Media:
Mike Kinney
732-938-1031
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Investor:
Adam Prior
732-938-1145
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Continues Work with the United Nations and Industry Partners to Combat Plastic Waste in the Oceans and Accelerate the “New Plastics Economy”

NEW YORK--(BUSINESS WIRE)--Voice of the Oceans is an organization led by the Schurmanns, a Brazilian family that’s a modern-day cross between Robinson Crusoe and Jacques Cousteau. The Schurmanns have been sailing the seas for 40 years focused on their mission to rid the oceans of plastics pollution by mobilizing people, businesses, and governments around the world to adopt behaviors and policies that advance oceanic conservation.



The expedition’s sailboat, Kat, is a fully contained biosphere that is currently docked in New York Harbor where the organization continues discussions with the United Nations and industry partners on measures that will improve the health of the oceans by minimizing plastic waste.

“We saw strong momentum at the UN Ocean Conference this year for a global treaty to curb plastic pollution by establishing a legally binding international agreement over the next two years,” said David Schurmann, CEO of Voice of the Oceans and panelist at the conference, which took place in Lisbon at the end of June. “This agreement by 175 countries will take humanity a step closer toward a new plastics economy that incentivizes and rewards those who prioritize conservation-centric behaviors. Our goal with the expedition’s stop in New York is to usher in a new era of collaboration with industry leaders and develop innovations that can be applied on a large scale.”

“We’re excited to leverage Voice of the Ocean’s expertise in reducing plastic waste and apply those learnings across our supply chain,” said Marcelo Borges, CEO of Tramontina USA, a U.S. sponsor of the expedition. “In addition to our long history of eco-friendly practices, Tramontina continues to challenge itself to not only innovate, but also lead our business to a more sustainable future. Simultaneously, we also have a vision to develop new projects based on circular economy practices. In keeping with our ongoing commitment to sustainable business practices, we are working on solutions alongside environmental consulting firm Searious Business and Voice of the Oceans to reduce single-use plastic in our packaging."

Tramontina is part of a global housewares manufacturer group whose products can be found in major retailers across the U.S. and in more than 120 countries around the world. Another expedition partner is Natura, part of Natura & Co., the world’s fourth largest pure play beauty group which also includes Avon, The Body Shop, and Aesop. Known not only for the quality of its products but also for its commitment to sustainability, Natura is dedicated to addressing critical environmental issues through its business model.

In addition to offering beauty products with refills, packaging made of recycled, recyclable and renewable resources (such as sugar cane), Natura challenges the status quo with one of its latest launches by using 50% recycled glass and up to 30% plastic in Kaiak fragrance bottles – not to mention eliminating the single-use plastic cellophane (a common industry practice). What is usually put aside as trash is transformed and repurposed into something new, and most importantly removing 23 tons of recycled plastic from the environment.

“Voice of the Oceans raises awareness of the plastic waste issue and educates consumers about the interconnectedness of our actions. If consumers are not conscious about it, they won’t demand changes. We need to push the whole industry to move together and protect the environment,” says Maria Eduarda Cavalcanti, Natura USA General Manager.

Voice of the Oceans’s latest expedition began in Santa Catarina, Brazil in August of 2021 and will travel to more than 65 locations around the world before it concludes in Auckland, New Zealand in November of 2023. Some important data points about plastic waste and the negative impact on the oceans include:

The arts are an important part of how Voice of the Oceans raises awareness about the harm plastic waste is causing to our planet. A musical performance by Crystal Sky will honor Voice of the Oceans in New York as will an art exhibit led by Chief Curator Vida Sabbaghi and Co-Curator Jade Matarazzo entitled “Obsessive Sea” with participating artists Carla Goldberg, Jacques Jarrige, Alex Korolkovas, Stephen Mallon, and Sui Park.

[Media Contact: Journalists interested in a tour of Kat and an interview with CEO David Schurmann should contact Agustina Pais at This email address is being protected from spambots. You need JavaScript enabled to view it. or 305-407-5813.]

About Voice of the Oceans

Voice of the Oceans' purpose is to document the extent of the plastic pollution problem and identify solutions that protect the oceans and improve our planet. Our efforts are led by the Schurmann family with support from the U.N. Environment Programme, the Plastic Soup Foundation and corporate partners supporting Voice of the Ocean in its ESG efforts include perfume brand Kaiak (Natura), beer brand Corona (Ambev), writing, drawing and creative products brand Faber Castell, Basic Sanitation Company of the State of São Paulo (Brazil) Sabesp and pharmaceutical retail network RaiaDrogasil. Through the data we collect and share, we have opened a global dialogue about ocean pollution that includes not only improving our beaches, but also the animals that are harmed by our plastic waste and carry this invisible waste into the food chain. Micro- and nano-plastics found in the oceans also prevent the oceans from playing their role in sustaining the environment, such as producing oxygen and maintaining climate balance. Follow our expedition and support our efforts at https://voiceoftheoceans.com/


Contacts

Agustina Pais
This email address is being protected from spambots. You need JavaScript enabled to view it.
305-407-5813

WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources Corporation (NYSE: NJR) (the “Company” or “NJR”) unanimously declared a quarterly dividend on its common stock of $0.3625 per share. The dividend will be payable on October 3, 2022, to shareowners of record as of September 26, 2022.

The Company is committed to providing value to its shareowners with a competitive return and has paid quarterly dividends continuously since its inception in 1952.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

  • New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,600 miles of natural gas transportation and distribution infrastructure to serve over 560,000 customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex, Sussex and Burlington counties.
  • Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of more than 370 megawatts, providing residential and commercial customers with low-carbon solutions.
  • Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
  • Storage and Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River and the Adelphia Gateway Pipeline Project, as well as our 50% equity ownership in the Steckman Ridge natural gas storage facility.
  • Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its over 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR:
www.njresources.com.

Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.


Contacts

Media:
Mike Kinney
732-938-1031
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Investor:
Adam Prior
732-938-1145
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KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy, Inc. (NYSE: EVRG) announced today it will release its 2022 second quarter earnings Thursday, August 4th, 2022, before market open. The company plans to host its quarterly conference call and audio webcast to discuss the results Thursday, August 4th, 2022.


Event:

Evergy Q2 2022 Conference Call and Webcast

 

Date:

August 4, 2022

 

Time:

9:00 a.m. Eastern (8:00 a.m. Central)

 

Location:

1) To view the webcast and presentation slides, please go to investors.evergy.com

2) To access via phone, investors and analysts will need to register using this link where they will be provided a phone number and access code

In conjunction with the earnings release and conference call, the company plans to post on its website supplemental financial information related to second quarter 2022 performance. The materials will be available under Supplemental Materials in the Investors section of the company website at investors.evergy.com.

A replay of the conference call will be available on the Evergy website at investors.evergy.com.

About Evergy, Inc.

Evergy, Inc. (NYSE: EVRG), serves 1.6 million customers in Kansas and Missouri. Evergy’s mission is to empower a better future. Our focus remains on producing, transmitting and delivering reliable, affordable, and sustainable energy for the benefit of our stakeholders. Today, about half of Evergy’s power comes from carbon-free sources, creating more reliable energy with less impact to the environment. We value innovation and adaptability to give our customers better ways to manage their energy use, to create a safe, diverse and inclusive workplace for our employees, and to add value for our investors. Headquartered in Kansas City, our employees are active members of the communities we serve.

For more information about Evergy, Inc., visit us at www.evergy.com.


Contacts

Media Contact:
Gina Penzig
Manager, External Communications
Phone: 785-508-2410
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Media line: 888-613-0003

Investor Contact:
Cody VandeVelde
Director, Investor Relations
Phone: 785-575-8227
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VANCOUVER, British Columbia--(BUSINESS WIRE)--$EVGIF #EVERGEN--EverGen Infrastructure Corp. (“EverGen'' or the “Company”) (TSXV: EVGN) (OTCQB: EVGIF), Canada’s Renewable Natural Gas (“RNG”) Infrastructure Platform, is pleased to announce it has completed the acquisition of a 67% interest in Alberta’s Grow the Energy Circle Ltd. (“GrowTEC”).


“We are very pleased to complete the acquisition of GrowTEC and begin working alongside the GrowTEC team to convert the project to an RNG facility that supports the transition to carbon negative energy production in Alberta,” said Chase Edgelow, CEO of EverGen. “Along with our recently announced acquisition of RNG development projects in Ontario, EverGen is expanding across the country, now in three of the four largest Canadian jurisdictions for RNG. Our focus on industry consolidation and the build out of our RNG infrastructure platform is well underway as we move toward the potential to produce over 1,000,000 GJ of RNG annually.”

GrowTEC, located on the Perry Family farm near Lethbridge, Alberta, is a multi-faceted bioenergy venture of sustainable agriculture, integrating responsible best practices and renewable energy. At the core of GrowTEC is an operating farm scale biogas facility consisting of an anaerobic digester which has been converting biodegradable waste into biogas and generating renewable power for over seven years. EverGen and GrowTEC will be completing additions to the facility this year to process the biogas and upgrade it to RNG which will be tied into the local pipeline network. The Project has an offtake agreement with FortisBC and will contribute to FortisBC’s target to have at least 15% of its gas supply carbon neutral by 2030.

The Project is currently in Phase 1 of development which is expected to produce 80,000 gigajoules of RNG annually and will be complete by Q4 2022. EverGen will work with the GrowTEC team to commence Phase 2 expansion which is expected to add an additional 60,000 gigajoules of RNG annually for a total of 140,000 gigajoules of RNG production annually from the project.

EverGen acquired a 67% interest in the Project for cash consideration of $2.1 million, subject to working capital adjustments, and the issuance of 600,000 common shares of EverGen that were issued on July 13, 2022. Additional cash consideration of up to $4.0 million will be made upon achievement of certain operational milestones. Cash consideration for EverGen’s interest in the Project was funded from existing working capital and cash flow from operations.

About EverGen Infrastructure Corp.

EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. EverGen is an established independent renewable energy producer which acquires, develops, builds, owns and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond.

For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.

Forward Looking Statements

This news release contains forward-looking statements and/or forward-looking information (collectively, “forward looking statements”) within the meaning of applicable securities legislation that involve risks, uncertainties and assumptions and relate to the Company’s current expectations and views of future events. . All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can often, but not always, be identified by the use of words such as “forecast”, “target”, “goal”, “may”, “might”, “will”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, “indicate”, “seek”, “believe”, “project”, “predict”, or “likely”, or the negative of these terms, or other similar expressions intended to identify forward-looking statements. . The Company has based these forward-looking statements on its current expectations and projections about future events and financial trends that it believes might affect its financial condition, results of operations, business strategy and financial needs.. In particular, this news release contains forward-looking statements including, but not limited to, the timing of the development of Phase 1 and Phase 2 of GrowTEC, the RNG production and amounts of the working capital adjustments as part of the purchase price. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder, court or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are encouraged to review and carefully consider the risk factors pertaining to EverGen described in EverGen’s Annual Information Form dated January 31, 2022, which is accessible on EverGen's SEDAR issuer profile at www.sedar.com. Except as required by law, EverGen assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities law.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.


Contacts

EverGen Investor Contact
Kelly Castledine
416-576-8158
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EverGen Media Contact
Katie Reiach
604.614.5283
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PORTLAND, Ore.--(BUSINESS WIRE)--The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 48.25 cents per share on the Company's common stock.


The dividend will be paid on Aug. 15, 2022 to shareholders of record on July 29, 2022. The Company's indicated annual dividend rate is $1.93 per share.

About NW Natural Holdings

Northwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), is headquartered in Portland, Oregon and has been doing business for more than 160 years. It owns Northwest Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), NW Natural Renewables Holdings (NW Natural Renewables), and other business interests.

NW Natural is a local distribution company that currently provides natural gas service to approximately 2.5 million people in more than 140 communities through more than 785,000 meters in Oregon and Southwest Washington with one of the most modern pipeline systems in the nation. NW Natural consistently leads the industry with high J.D. Power & Associates customer satisfaction scores. NW Natural owns and operates 21 Bcf of underground gas storage capacity in Oregon.

NW Natural Water currently provides water distribution and wastewater services to communities throughout the Pacific Northwest and Texas. When all pending acquisitions close, NW Natural Water will serve nearly 150,000 people through approximately 61,000 connections across five states. Learn more about our water business at nwnaturalwater.com.

Additional information is available at nwnaturalholdings.com.


Contacts

Investor Contact: Nikki Sparley
Phone: 503-721-2530
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

ATLANTA--(BUSINESS WIRE)--Accenture (NYSE: ACN) is using a proprietary database powered by artificial intelligence (AI) to help Colonial Pipeline, the largest refined products pipeline in the United States, reduce regulated and deregulated electric utility rates for its interstate pipeline system.

The energy-management project leverages Accenture’s Utility Tracking System (UTS), a proprietary database of approximately 30 million anonymized utility bills that the company has been aggregating for more than 20 years. Built to identify power tariff options around the world, UTS uses AI-powered insights and automation as part of Accenture’s SynOps platform to continuously improve the efficiency and reliability of electricity rate-savings recommendations.

Accenture is using insights generated by UTS to evaluate power bills for operations at approximately 80 Colonial Pipeline pump stations along its 5,500-mile pipeline system, which delivers approximately 100 million gallons of refined petroleum products daily to markets in the Southern and Eastern United States. Armed with information about tariff options, Accenture presents lower-cost options — e.g., reduced cost per kilowatt-hour — to Colonial Pipeline, and then works with utilities to help implement new rates.

“This initiative, which is part of our ongoing effort to optimize utility rates, has shown encouraging results early on and should continue to help us in our comprehensive review of all utility accounts on our system,” said Tony Leo, manager of energy management and power optimization for Colonial Pipeline. “We look forward to our continued partnership with Accenture as we identify opportunities to transition to renewable energy to power our pump stations.”

Yusuf Tayob, group chief executive of Accenture Operations, added, “Our work for Colonial Pipeline is a great example of how Accenture’s long-term investments in technologies are helping clients deepen business resilience amid evolving market conditions. We look forward to making further progress on this project and to helping Colonial Pipeline evaluate how it can buy green energy, which increasingly is powering infrastructure as consumers and stakeholders demand cleaner air and less environmental impact.”

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.

About Colonial Pipeline:
Colonial Pipeline Company, founded in 1962, connects refineries ­– primarily located in the Gulf Coast ­– with customers and markets throughout the Southern and Eastern United States through a pipeline system that spans more than 5,500 miles. The company delivers refined petroleum products such as gasoline, diesel, jet fuel, home heating oil, and fuel for the U.S. military. Colonial is committed to safety and environmental stewardship across its operations. More information about Colonial is available at www.colpipe.com.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture. This content is provided for general information purposes and is not intended to be used in place of consultation with our professional advisors. This document refers to marks owned by third parties. All such third-party marks are the property of their respective owners. No sponsorship, endorsement or approval of this content by the owners of such marks is intended, expressed or implied.


Contacts

Guy Cantwell
Accenture
+1 281-900-9089
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Jenn Francis
Accenture
+1 630-338-6426
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Adding solutions capabilities from Taiwan-based semiconductor and advanced manufacturing specialist allows cleantech water innovator to address high technology’s needs

BOSTON--(BUSINESS WIRE)--Gradiant, a global solutions provider and developer for cleantech water, today announced it has acquired WaterPark Environment Corp (WaterPark), a design and construction firm based in Taiwan that is focused in water technologies for advanced manufacturing in the high tech industries of semiconductor and microelectronics.

“This partnership will help semiconductor and other advanced industries achieve the purest water at the highest yield while meeting environmental discharge limits and recovering precious resources that would have otherwise been wasted.”

The acquisition strengthens Gradiant’s portfolio of proprietary technologies and applications expertise in industrial water, specifically high-rate biological wastewater, advanced oxidation, and ultrapure water. Gradiant’s full range of technologies and end-to-end solutions will also become accessible to the leading manufacturers of Taiwan’s advanced industries that WaterPark serves. Existing semiconductor and microelectronics clients of the combined business include the world’s most established brands such as Global Foundries, Micron, Intel, TSMC, UMC, AUO, and Chimei.

“This partnership will help semiconductor and other advanced industries achieve the purest water at the highest yield while meeting environmental discharge limits and recovering precious resources that would have otherwise been wasted,” said Prakash Govindan, COO of Gradiant. “For global industries under pressure from the supply chain shortage, climate change, and rising material costs, our technology innovations are essential to meet business needs for operational continuity, sustainability, and cost.”

We are experiencing a prolonged global shortage of semiconductors that are required to control everything from automobiles to smartphones to appliances. As the semiconductor shortage persists, manufacturers face increasingly greater pressure to adopt sustainable and efficient practices in their water operations.

“Taiwan leads the world in regulating industrial water reuse and wastewater discharge,” said Huey-Song You, Chairman of WaterPark. “The island is the world’s center for semiconductor manufacturing and currently holds 65% of the global market share. Driven by strategic interests for risk management in the supply chain and self-sufficiency, semiconductor manufacturing is extending to new regions that are leveraging Taiwan’s best practices in water management in their production. Combining our proprietary technologies and industry expertise with Gradiant’s total water and digital solutions, we will help advanced manufacturing facilities worldwide best manage their water.”

About Gradiant

Gradiant is a global solutions provider and developer of cleantech water projects for advanced water and wastewater treatment. Gradiant’s end-to-end solutions and technology expertise enable sustainable and cost-effective treatment of the world’s most important water challenges. With a full suite of differentiated and proprietary technologies, powered by the top minds in water, Gradiant serves its clients’ mission-critical operations in the world’s essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) to create and deploy sustainable water treatment solutions and is uniquely positioned to address the world’s increasing challenges created by industrialization, population growth, and water stress. Today, with over 450 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and global technology labs in Singapore, and offices across twelve countries. For more information, please visit www.gradiant.com.

About WaterPark

WaterPark Environment Corp. is a water technology design and construction firm serving advanced manufacturing clients in the semiconductor and microelectronics industries. WaterPark’s proprietary technologies solve the range of water challenges of industrial clients throughout Asia Pacific using advanced biological, chemical, and physical processes. WaterPark is a spin-off from ITRI (Industrial Technology Research Institute); since its inception in 1973, ITRI has incubated over 280 innovative companies, including the world’s leading semiconductor foundries, TSMC and UMC. WaterPark is headquartered in Hsinchu, Taiwan. For more information, please visit www.waterpark-env.com.


Contacts

Corporate:
Felix Wang
Gradiant, VP of Marketing
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LYNCHBURG, Va.--(BUSINESS WIRE)--$BWXT #earnings--BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing second quarter 2022 results on Monday, August 8, 2022, after market close and will host a conference call at 5:00 p.m. EDT.


Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 844-200-6205 and (International) 929-526-1599; access code: 875922. A replay of the call will remain available on the BWXT website for a limited time.

About BWXT

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental remediation, nuclear medicine and space exploration. With approximately 6,700 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at more than a dozen U.S. Department of Energy and NASA facilities. Follow us on Twitter at @BWXT and learn more at www.bwxt.com.


Contacts

Media Contact
Jud Simmons
Director, Media and Public Relations
434.522.6462
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Investor Contact
Mark Kratz
Vice President, Investor Relations
980.365.4300
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DUBLIN--(BUSINESS WIRE)--The "Natural Gas Liquid Market Research Report by Product (Ethane, Isobutene, and Propane), Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.


The Global Natural Gas Liquid Market size was estimated at USD 45.47 billion in 2021, USD 48.42 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.73% to reach USD 67.24 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Natural Gas Liquid Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Natural Gas Liquid Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Natural Gas Liquid Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Natural Gas Liquid Market?

4. What is the competitive strategic window for opportunities in the Global Natural Gas Liquid Market?

5. What are the technology trends and regulatory frameworks in the Global Natural Gas Liquid Market?

6. What is the market share of the leading vendors in the Global Natural Gas Liquid Market?

7. What modes and strategic moves are considered suitable for entering the Global Natural Gas Liquid Market?

Market Dynamics

Drivers

  • Increasing demand from refineries and high demand from industrial and residential consumers
  • Rising demand for space heating
  • Surging requirement in transportation industry

Restraints

  • Lack of infrastructure and geopolitical uncertainty

Opportunities

  • Development in the natural gas business
  • Improving utilization of associated gas

Challenges

  • Competition from other energy-producing products such as biogas and methane gas

Companies Mentioned

  • Anadarko Petroleum Corporation
  • BP Plc
  • Canadian Natural Resources Limited
  • Chesapeake Energy Corporation
  • Chevron Corporation
  • ConocoPhillips Company
  • Devon Energy Corporation
  • Encana Corporation
  • Eni S.p.A.
  • ESAI Energy LLC
  • Exxon Mobil Corporation
  • Gas Liquid Engineering Ltd
  • Home Propane, Inc.
  • Linn Energy, Inc.
  • Range Resources Corporation
  • Royal Dutch Shell Plc
  • SilverBow Resources, Inc
  • SM Energy
  • Statoil ASA
  • The Williams Companies, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/3mrbhr


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DUBLIN--(BUSINESS WIRE)--The "Global Density Meter Market (2022-2027) by Type, Applications, Industry Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.


The Global Density Meter Market is estimated to be USD 1046.5 Mn in 2022 and is projected to reach USD 1285.52 Mn by 2027, growing at a CAGR of 4.2%.

Market dynamics are forces that impact the prices and behaviors of the Global Density Meter Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Density Meter Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Density Meter Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Density Meter Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Rising Demand from Oil & Gas and Pharmaceutical Industry
  • Government Initiatives in the Water and Wastewater Treatment Industry

Restraints

  • Trade-off Between the Accuracy and Cost of the Density Meter Equipment

Opportunities

  • Escalating Adoption in APAC Countries
  • Rise in the Volume of Industrial Automation

Challenges

  • Illegal Supply of Patented Technologies

Market Segmentations

The Global Density Meter Market is segmented based on Type, Applications, Industry Vertical, and Geography.

  • By Type, the market is classified into Benchtop, Portable, and Submersible.
  • By Applications, the market is classified into Ultrasonic, Microwave, Coriolis, and Others.
  • By Industry Vertical, the market is classified into Chemical & Petrochemical, Oil & Gas, Metals & Mining, Food & Beverages, Waste Water Treatment, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

  • A. Kruss Optronic GmbH
  • Ametek Inc
  • Anton Paar GmbH
  • Berthold Technologies GmbH & Co. KG
  • Eagle Eye Power Solutions LLC
  • Emerson Electric Co
  • Endress+Hauser
  • GPS Instrumentation Ltd
  • Koehler Instrument Company Inc
  • Kyoto Electronics Manufacturing Co. Ltd
  • Lemis Baltic
  • Meidensha Corp
  • Mettler Toledo
  • Red Meters
  • British Rototherm Company Ltd
  • Schmidt + Haensch GmbH & Co
  • SensoTech GmbH
  • Thermo Fisher Scientific
  • Toshiba Infrastructure Systems & Solutions Corp
  • VWR International (Avantor)
  • Yokogawa Electric Corp

For more information about this report visit https://www.researchandmarkets.com/r/fiq801


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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