Connect with us

Energy

EOG Resources Announces Management Succession Plan

Published

on

HOUSTON, June 7, 2021 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that Ezra Y. Yacob will become EOG’s Chief Executive Officer and join the Board of Directors, and that Lloyd W. “Billy” Helms, Jr., EOG’s Chief Operating Officer, will be appointed to the additional role of President. Both promotions will be effective October 1, 2021. After 42 years with the company and serving as CEO since 2013, William R. “Bill” Thomas will retire and assume the role of Non-Executive Chairman of the Board as part of the succession plan.

“We are excited to have someone of Ezra’s talent and experience lead EOG forward,” said Thomas. “Ezra’s career with EOG began in 2005 at the dawn of the shale oil and gas era, and I believe he is one of the industry’s foremost experts in the exploration and development of unconventional resources. In keeping with EOG’s unique culture, he has leveraged experience gained working on and leading cross-functional teams throughout his career with EOG. Ezra is a natural leader with a proven track record of success that compliments his strong financial and technical skills.”

“I am honored to succeed Bill in leading this exceptional team,” said Yacob. “Year after year, for more than eight years, Bill has set and re-set the standard for EOG’s operational and financial performance ever higher. He established our “premium well” standard, one of the most strict investment hurdle rates in the industry, which became an incredible catalyst that tapped the EOG culture of creative thinking and innovation that continues to propel the economics of EOG’s business higher. EOG is in the best shape of its history and I am humbled and excited to expand on Bill’s legacy of leading a great team to high performance through serving leadership.”

Billy Helms is the champion of utilizing innovation to constantly improve the company,” said Thomas. “Billy has held many leadership roles in his 40-year career with EOG, demonstrating a distinctive ability to encourage new ideas from our employees across multiple disciplines – innovative ideas that utilize in-field technology, information technology, and new processes to drill better wells for lower cost, more safely and with lower emissions. He then sees the very best of those ideas through to execution across the company. Billy was instrumental in EOG’s recently announced net zero ambition as well as EOG’s historic merger with Yates Petroleum in 2016.

“Both Ezra and Billy exemplify EOG’s unique culture,” Thomas continued. “The future of EOG is in great hands.”

Most recently President, Ezra Yacob has 21 years of industry experience and 16 years of service with EOG. Prior to joining the headquarters executive management team as Executive Vice President, Exploration and Production, he was Vice President and General Manager of EOG’s Midland office and managed the company’s Permian Basin exploration and development activities from 2014 to 2017. Yacob has held various geoscience and leadership positions in EOG’s Fort Worth and Midland offices since joining EOG in 2005. Prior to EOG, he worked at the United States Geological Survey for five years. Yacob holds a Bachelor of Science degree in Geology from the University of Puget Sound, a Master of Science degree in Geology from the Colorado School of Mines and a Master of Business Administration degree from the University of Texas at Tyler.

Billy Helms has over 40 years of service with EOG and has served as Chief Operating Officer for the company since 2017. Prior to that, he was responsible for EOG’s operations across multiple offices along with the company’s Engineering and Acquisitions and Business Development functions as Executive Vice President, Exploration and Production. Before joining the headquarters executive management team in 2012, he managed EOG’s exploration and development activities in Canada and held positions of increasing responsibility in both the Midland and Houston offices. Helms joined an EOG predecessor company in 1981 and holds a Bachelor of Science degree in Petroleum Engineering from Texas Tech University.

About EOG
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.

Investor Contacts
David Streit  713-571-4902
Neel Panchal  713-571-4884

Media and Investor Contact
Kimberly Ehmer  713-571-4676

SOURCE EOG Resources, Inc.

Related Links

http://www.eogresources.com

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/eog-resources-announces-management-succession-plan-301307118.html

Energy

Shanghai Electric macht bedeutende Fortschritte beim CSP-Turm und beim Parabolrinnenkraftwerk im Mohammed bin Rashid Al Maktoum Solar Park

Published

on

In der vierten Phase des Mohammed bin Rashid Al Maktoum Solar Parks entsteht das größte auf einen Standort beschränkte Concentrated Solar Power (CSP)-Projekt der Welt. Es setzt weltweit führende Hybrid-Solartechnologien ein und soll 950 MW saubere Energie erzeugen. Eine 100-MW-CSP-Turm-Anlage, drei 200-MW-Parabolrinnen-CSP-Anlagen und 250 MW Photovoltaik-Kapazität (PV) sind Teil dieses Projekts.

Der 260m hohe Solarturm im Zentrum des CSP-Turmkraftwerks wird auch das höchste Bauwerk seiner Art weltweit sein. Nach der Fertigstellung wird die kombinierte thermische Energiespeicherung der Solarturm- und Parabolrinnen-Kraftwerke eine Energieverfügbarkeit rund um die Uhr ermöglichen, wobei jede Parabolrinnen-CSP-Anlage über eine Energiespeicherkapazität von 13,5 Stunden und der Turm über bis zu 15 Stunden verfügt.

Das Wärmespeichermedium Nitrat wird bei der Parabolrinnenanlage II in acht Tanks gelagert, die jeweils einen Durchmesser von 45 Metern und ein Fassungsvermögen von 25.000 Kubikmetern haben. Die raue Wüstenumgebung stellte eine massive Herausforderung für den Test dar, und die Personalengpässe während des Ramadans trugen ebenfalls dazu bei, den Fortschritt zu erschweren. Mit Hilfe von Wasserlastwagen, die das Wasser zu den provisorischen Wassertanks transportierten, durch die das Wasser in die Tanks mit geschmolzenem Salz gepumpt wurde, konnte der Test schließlich pünktlich abgeschlossen werden.

„Ich spreche allen Arbeitern vor Ort meine Anerkennung für ihren Einsatz und ihre harte Arbeit aus. Sie haben sichergestellt, dass der Test trotz der enormen Schwierigkeiten durch einen Arbeitskräftemangel und die hohen Temperaturen vor Ort zügig und pünktlich abgeschlossen werden konnte”, sagte Zhao Hui, Projektmanager des Dubai CSP-Projekts der Shanghai Electric Power Generation Engineering Co.

„Ihre hervorragende Leistung garantierte auch den reibungslosen Ablauf der Installation der Rohrleitung im zentralen CSP-Turm, der das Herzstück und eines der wichtigsten Teile der Konstruktion ist. Der Platz im Turm ist extrem klein, da die Gesamtlänge der Turminnenrohre im Zentrum des Turms über 500 Meter beträgt. Um sicherzustellen, dass die Arbeiten pünktlich ausgeführt werden konnten, hat das Projektteam gut durchdachte Installationspläne entworfen und alle unvorhergesehenen Probleme überwunden, ohne dass es zu Verzögerungen kam”, fügte er hinzu.

Das Schmelzsalztanksystem ist die Antwort auf die Herausforderungen der thermischen Energiespeicherung. Die durch Salzschmelzen-Systeme realisierte thermische Energiespeicherung ermöglicht die Stromerzeugung an bewölkten Tagen oder in langen Nächten nach Sonnenuntergang mit hoher Betriebseffizienz und niedrigen Kapitalkosten pro Kilowattstunde. Tagsüber wird die Salzschmelze von einem kalten Tank zu einem Wärmetauscher zirkuliert, um die Wärme des Hochtemperaturöls aufzunehmen. Das erwärmte geschmolzene Salz kann dann in einem isolierten Heißtank gespeichert werden, der die Flüssigkeit später nachts oder bei ungünstigen Wetterbedingungen zum Antrieb von Dampfturbinen nutzen kann.

Im Jahr 2018 erhielt Shanghai Electric den Zuschlag, als Engineering-, Beschaffungs- und Bauunternehmen (EPC) für die vierte Phase des Mohammed bin Rashid Al Maktoum Solarparks in Dubai zu fungieren, nachdem für die Realisierung sowohl des 700-MW-CSP- als auch das 250-MW-PV-Projekts eine Vereinbarung mit DEWA (Dubai Electricity and Water Authority) und ACWA Power unterzeichnet wurde. Das von Chinas Silk Fund und ACWA gemeinsam finanzierte Projekt ist ein Meilenstein für die chinesische Belt and Road Initiative sowie ein wichtiger Erfolg für Shanghai Electric bei der Beteiligung am Bau von Versorgungsanlagen für erneuerbare Energien im Nahen Osten und der Verlagerung seines Schwerpunkts von kohlebefeuerter Energie auf erneuerbare Energien.

Im Jahr 2021 rangiert Shanghai Electric in der Liste der 100 wichtigsten internationalen Bauunternehmen auf Platz 17 und auf Platz 5 im Bereich der elektrischen Energietechnik gemäß der jüngsten Auswertung der China International Contractors Association. Darüber hinaus hat das Unternehmen von der Vereinigung die höchste Einstufung „A-level international contractor” erhalten.

Foto – https://mma.prnewswire.com/media/1531736/image.jpg

Logo – https://mma.prnewswire.com/media/1159638/LOGO_Logo.jpg

Related Links

www.shanghai-electric.com

SOURCE Shanghai Electric

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/shanghai-electric-macht-bedeutende-fortschritte-beim-csp-turm-und-beim-parabolrinnenkraftwerk-im-mohammed-bin-rashid-al-maktoum-solar-park-819764856.html

Continue Reading

Energy

Eco Wave Power’s EWP -EDF One Conversion Unit Arrives on Site at The Port of Jaffa

Published

on

STOCKHOLM, June 14, 2021 /PRNewswire/ — Today, Eco Wave Power (Stock Symbol: ECOWVE) is pleased to announce that our wave energy conversion unit has arrived on site at the Port of Jaffa, Israel. With preparations underway for the unit’s installation the project is proceeding on schedule.

“We are delighted with the progress the team has made so far. The conversion unit has arrived at site and everything is now in place for the installation work that will begin shortly. We are on track towards project finalization and look forward to seeing our solution up and running in the port. This has been a large effort from multiple teams from Eco Wave Power and EDF Renewables IL, and we are pleased with how the project is looking at the moment,” says Inna Braverman, CEO of Eco Wave Power.

The EWP-EDF One conversion unit is located on land, just like a regular power station, enabling an easy access for operation and maintenance.  This highlights the significant advantages of the EWP onshore technology, in comparison with offshore solutions.

The EWP-EDF one project is executed in collaboration with EDF Renewables IL and co-funding from the Israeli Energy Ministry.

About Eco Wave Power Global (EWPG Holding AB SE0012569663)

Eco Wave Power Global AB (publ) (“Eco Wave Power”) is a leading onshore wave energy technology company that developed a patented, smart, and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power’s mission is to assist in the fight against climate change by enabling commercial power production from sea and ocean waves.

EWP is recognized as a “Pioneering Technology” by the Israel’s Ministry of Energy and was labelled as an “Efficient Solution” by the Solar Impulse Foundation. Eco Wave Power’s project in Gibraltar has received funding from the European Union Regional Development Fund and from the European Commission’s HORIZON2020 framework program. The company is also recognized by the United Nations in receiving the “Global Climate Action Award”.

The Eco Wave Power share (ECOWVE) is traded on Nasdaq First North Growth Market.

FNCA is the company’s Certified Advisor (+46 8-528 00 399, [email protected]).

Read more about Eco Wave Power at: www.ecowavepower.com

For more information, please contact:

Inna Braverman, CEO
[email protected] 
+97235094017

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ewpg-holding-ab–publ-/r/eco-wave-power-s-ewp–edf-one-conversion-unit-arrives-on-site-at-the-port-of-jaffa,c3366270

The following files are available for download:

SOURCE EWPG Holding AB (publ)

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/eco-wave-powers-ewp–edf-one-conversion-unit-arrives-on-site-at-the-port-of-jaffa-301311432.html

Continue Reading

Energy

Anti-Aging Market 2030 Revenue To Be More than $422.8 Billion Says P&S Intelligence

Published

on

NEW YORK, June 14, 2021 /PRNewswire/ — From $194.4 billion in 2020, the global market size for anti-aging is set to cross $422.8 billion by 2030, at an 8.6% CAGR between 2021 and 2030 (forecast period). The key factors driving this growth would be the increase in the awareness on the available products via conferences and seminars, growth in the medical tourism sector, increase in the number of anti-aging cosmetic procedures, and rise in the disposable income worldwide.

The anti-aging market was badly affected during the COVID-19 pandemic, as manufacturing plants remained shut during much of the lockdown period, in compliance with government norms. Similarly, international trade, especially of non-essential goods, was prohibited or limited, thereby reducing the product supply. In addition, the closed cosmetic centers, spas, and dermatology departments at hospitals reduced the demand for the devices.

Get the Sample Copy of this Report at @ https://www.psmarketresearch.com/market-analysis/anti-aging-market/report-sample

In 2020, North America generated the highest revenue in the anti-aging market on account of the rising volume of non-surgical cosmetic treatments, increasing skincare product awareness, and surging volume of anti-aging treatments in Canada and the U.S.

Browse detailed report with COVID-19 impact analysis on Anti-Aging Market Research Report: By Product (Anti-Wrinkle, Hair Color, Ultraviolet Absorption, Anti-Stretch Mark), Treatment (Hair Restoration, Anti-Pigmentation, Adult Acne Therapy, Breast Augmentation, Liposuction, Chemical Peel), Demography (Generation X, Baby Boomers, Generation Y, Generation Z) – Revenue Estimation and Demand Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/anti-aging-market

The fastest anti-aging market growth is likely to be seen in Asia-Pacific (APAC) till 2030 due to the rising volume of cosmetic procedures, in part due to the swift urbanization. Moreover, the growing geriatric population is propelling the market in the region as it is increasingly seeking treatment for age-related issues. The World Population Ageing 2019 report of the United Nations (UN) expects the population of people 65 years and older in Asia to surge from 395.3 million in 2019 to 954.7 million by 2050.

Product Launches Characterize Market Competition

In order to target more customers, players in the anti-aging market are launching new products.

Make enquiry about this report at @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=anti-aging-market

For instance, in March 2020, Stellar M22 was launched by Lumenis Ltd. to offer better energy-based skincare treatments. This next-generation, multi-application platform features an improved user interface and large screen for higher comfort and to allow one to view the treatment from a distance.

The most-significant players in the global anti-aging market are The Procter & Gamble (P&G) Company, Hologic Inc., Nu Skin Enterprises Inc., Unilever Group, Galderma SA, Pierre Fabre S.A, Shiseido Company Limited, Home Skinovations Ltd., and Candela Corporation.

Browse Other Related Reports

Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market – Geographically, the anti-aging and skin rejuvenation energy-based aesthetic devices market in the Asia-Pacific region will witness the highest CAGR during the forecast period.

Facial Skin Ablative Treatment Market – Globally, the facial skin ablative treatment market registered the highest growth in North America during the last few years and this trend will continue in the forthcoming years as well, as per the forecast of P&S Intelligence, a market research company based in India.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: [email protected]
Web: https://www.psmarketresearch.com  

SOURCE P&S Intelligence

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/anti-aging-market-2030-revenue-to-be-more-than-422-8-billion-says-ps-intelligence-301311429.html

Continue Reading

Energy

Microgrid Market Value Worth $33 Billion by 2027, Says Global Market Insights Inc.

Published

on

SELBYVILLE, Del., June 14, 2021 /PRNewswire/ — The microgrid market revenue is expected to cross USD 33 Billion by 2027, as reported in the latest study by Global Market Insights Inc. Ongoing grid modernization coupled with the installation of advanced and sustainable generation sources across the network will propel the industry scenario. The rising renewable integration to lower the GHG emission along with strict regulatory norms to deploy power-efficient solutions will foster the business dynamics.

The lack of effective electric networks, current lags, voltage fluctuations, and grid failure have been primary concerns driving the remote microgrid industry across developing regions. Regulators have been predominantly integrating programs and initiatives to establish a sustainable electric network across these areas. Henceforth, distributed generation technologies along with the growing energy demand across isolated locations will positively influence the industry landscape.

Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/1187.

Increasing R&D investments by leading manufacturers to launch advanced, stable and resilient infrastructure across the grid will drive the business outlook. For instance, in March 2021, HOMER Energy advanced its HOMER Pro software to improve the stability and the resiliency of its power supply and move toward a clean-energy transition. The new ability helped energy developers in designing and optimizing the complications of utility-scale renewable hybrid power systems including solar, wind, and battery energy storage systems (BESS). The rising demand for combined or hybrid integrated grid networks will foster the hybrid-based microgrid network.

Some prime findings of the microgrid market report include:

  • A paradigm shift toward the replacement of existing T&D infrastructure.
  • Increasing investment toward technological advancements to integrate reliable and resilient energy sources will sway the industry outlook.
  • Eminent players operating across the microgrid industry include Eaton, Siemens, GE, Schneider Electric and Caterpillar.
  • Rising demand for smart grid modernization along with the development and restructuring of microgrid networks across residential, commercial, and industrial sectors will further augment the business scenario.

Browse key industry insights spread across 490 pages with 803 market data tables and 35 figures and charts from the report, “Microgrid Market Forecasts By Connectivity (Grid Connected, Off Grid), Grid Type (AC Microgrid, DC Microgrid, Hybrid), Source (Diesel Generators, Natural Gas, Solar PV, CHP), Storage Device (Lithium-Ion, Lead Acid, Flow Batteries, Flywheel), Application (Healthcare, Educational Institutes, Military, Utility, Industrial/Commercial, Remote), Industry Analysis Report, Regional Outlook, Covid-19 Impact Analysis, Application Potential, Competitive Market Share & Forecast, 2021 – 2027” in detail, along with the table of contents: https://www.gminsights.com/industry-analysis/microgrid-market

The diesel generator-sourced microgrid market is anticipated to reach over USD 11 billion by 2027. Rapid industrialization coupled with the adoption of large-capacity energy generation facilities will propel the demand for diesel generators across the networks. Ongoing demand for heavy-duty power generators across industrial sectors will further sway product adoption. Low installation costs, when compared to its auxiliary sources, will complement the industry statistics.

The Canada Microgrid market is growing significantly on account of immense regulatory and community focus on the integration of sustainable electric networks and reliable power supply infrastructure. Improvements to grid reliability during extreme weather events, environmental concerns, local revenue opportunities or cost management, and increased autonomy are a few factors driving the technological adoption across the nation.

During COVID-19, the development of electrical infrastructure was placed with no prohibitions implied toward the construction of renewable energy projects. In addition, new solar and wind energy projects as well as utility-scale projects were operational and didn’t see any delays.

Browse the Toc of this report @ https://www.gminsights.com/toc/detail/microgrid-market

Browse Related Report:

Microgrid Control System Market Statistics, Industry Analysis Report, Regional Outlook, Covid-19 Impact Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027 https://www.gminsights.com/industry-analysis/microgrid-control-system-market

About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients penetrative insights and actionable market data specially designed and presented to aid strategic decision-making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]

Related Images

microgrid-industry-forecasts-2021.jpg
Microgrid Industry Forecasts 2021-2027

SOURCE Global Market Insights, Inc.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.prnewswire.com:443/news-releases/microgrid-market-value-worth-33-billion-by-2027-says-global-market-insights-inc-301311278.html

Continue Reading
Esports5 days ago

Genshin Impact Echoing Conch Locations Guide

Esports5 days ago

MLB The Show 21 Kitchen Sink 2 Pack: Base Round Revealed

Aviation4 days ago

The Story Of The Boeing 777 Family

zephyrnet4 days ago

7th Global Blockchain Congress by Agora Group & TDeFi on June 21st and 22nd, 2021, Dubai.

Crowdfunding3 days ago

April/May 2021 Top Campaigns

Big Data4 days ago

.NET DEVELOPMENT

Blockchain4 days ago

Woonkly will be the official Title Sponsor of the 7th edition Global Blockchain Congress organized by Agora Group in Dubai

Blockchain4 days ago

Death Cross is Appearing Over Bitcoin Price Chart

Crowdfunding4 days ago

US Fintech Broadridge Partners with Amazon Web Services to Expand Private Market Hub, Leveraging DLT

Big Data4 days ago

China arrests over 1,100 suspects in crackdown on crypto-related money laundering

Blockchain3 days ago

Crypto Fund Manager Says Bitcoin ETFs to be Approved By 2022

Gaming4 days ago

TrustDice Review: Features & Promotions

Esports4 days ago

Every new Passive Power in Legends of Runeterra Lab of Legends 2.9.0

Cleantech4 days ago

TC Energy Cancels Keystone XL Pipeline

Fintech3 days ago

PayPal launches PayPal Rewards Card in Australia

Energy2 days ago

Industrial robots market in the automotive industry | $ 3.97 billion growth expected during 2021-2025 | 17000+ Technavio Research Reports

Cyber Security2 days ago

Data Breach that Impacted Both Audi of America and Volkswagen of America

Energy2 days ago

Daiki Axis Co., Ltd. (4245, First Section, Tokyo Stock Exchange) Overview of Operating Performance for the First Three Months Ended March 31, 2021

Esports2 days ago

Lost Ark Founders Pack: Everything You Need to Know

Cleantech2 days ago

Tesla Model S 420 Plaid Is The Best Car In The World (But Not For Me)

Trending