Some better-ranked players in the energy space are PDC Energy Inc. PDCE, Gulfport Energy Corporation GPOR and Smart Sand Inc. SND, each currently sporting a Zacks Rank #1 (Strong Buy). The Vlot anaerobic digestion project is anticipated to capture, clean, and convert methane from manure that would otherwise escape to the atmosphere on the Vlot Calf Ranch and dairy farm into renewable natural gas (RNG). This renewable energy company focuses on the production and distribution of renewable natural gas as compressed natural gas (CNG) and liquified natural gas in the U.S. and Canada. single-use plastics and convert them into usable products at commercial Brightmark Energy, founded in 2016, is focused on turning solid waste into sustainable fuel. View source Check it out. tailored based on customer needs. The Vlot Project is Brightmark RNG Holdings LLCs first renewable natural gas project in the state of California. team. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Bob Powell A local dairy operation is becoming more sustainable. Currently, the company is working on advancing the use of renewables, making targeted investments and establishing partnerships in emerging sources of energy. generation solutions that lower customer carbon emissions while at Initial projects are focused on dairy biogas, in which the joint venture will construct and operate anaerobic digesters to process manure from dairy farms and capture biomethane. Brightmarks first project goes online in Sumter, South Carolina. healthcare, real estate, technology and bioscience industries. The company currently carries a Zack Rank #3 (Hold). No results found. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. This news release contains forward-looking statements relating to Chevrons operations and energy transition plans that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. All Rights Reserved. bob.powell@brightmarkenergy.com, By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's bonds. NBC 6 Miami About the Program Brightmark and the Florida Keys National Marine Sanctuary are teaming up to effectively and sustainably decrease marine plastic pollution in the Florida Keys through strategic marine recycling. to $250 million from the Jackson Investment Group (JIG) to launch A fully engaged team that is driven by discipline and accountability. BMRK Stock Price | Benchmark Energy Corp. Stock Quote (U.S.: OTC) | MarketWatch BMRK | Complete Benchmark Energy Corp. stock news by MarketWatch. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. Cookie Notice (). Through its subsidiaries that conduct business worldwide, Chevron Corp is involved in virtually every facet of the energy industry. Equity investments from both companies will fund construction of the projects, and Chevron will purchase the RNG they generate, to sell as fuel for vehicles operating on compressed natural gas. Chevron is known for producing fossil fuels, but its partnership with Brightmark has it working to produce and market RNG from dairy farms. See Related: Best Green Companies to Invest. resources and renewable natural gas solutions for its customers and The new plant will utilize a state-of-the-art plastics-to-fuel process See Related: Best Renewable Energy Stocks. businesses first, enabling them to take control of their costs, Watch how a seven-year-old boy, a toy dinosaur, and Brightmark are changing this. ChatGPT Swears It Can Optimize Your Inventory. Brightmark announces plans to construct a plastics circularity center for the Parkes Special Activation Precinct in New South Wales (NSW), Australia. This press release features multimedia. Brightmark delivers the first gas at its Athena Project in Minnehaha County, South Dakota. SAN FRANCISCO & PARKES, Australia, March 01, 2022 -- ( BUSINESS WIRE )--Brightmark, the global waste solutions provider, today announced plans to construct an advanced plastics renewal facility. Brightmark has partnered with Indianapolis-based RecycleForce for both feedstock and employee recruitment. Written by Jay Schabel, President of Brightmark Energys plastics division, said, The project is part of the previously announced partnership to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). our nation: more than 91% of the 33 million tons of plastic produced in RNG can be converted into compressed natural gas (CNG), or liquified natural gas (LNG), both of which can be used as a transportation fuel. Marathon Capital acted as exclusive financial advisor to Brightmark in establishing the partnership with Chevron. The 2.4 billion pounds is a huge quantity - for comparison, the U.S. exported 1.46 billion pounds of all scrap plastics throughout 2019. The drive comes as fossil-fuel manufacturers are under intense pressure to lower greenhouse gas emissions to mitigate climate change. Brightmark, the global waste solutions company, today announced that a life cycle analysis of its plastics renewal technology has revealed that its proprietary, pyrolysis-based process produces 39%-139% fewer greenhouse gas emissions than equivalent products made from Continue reading Brightmarks Plastics Renewal Technology Reduces Carbon Footprint From Fuels By 39%-139%, Brightmark, Chevron achieve first delivery of renewable natural gas produced at Lawnhurst Farms, part of their previously announced partnership to own project companies to produce and market RNG Brightmark RNG Holdings LLC a joint venture partnership between Chevron U.S.A. Inc. and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions Continue reading Brightmark, Chevron Announce First Renewable Natural Gas at Lawnhurst Farms. Safety The company takes a holistic, closed loop, circular economy approach to tackling the planet's most pressing environmental challenges with imagination and optimism for the future. Profits are important, but so is knowing that each investor has a unique personality and goals. Methane generated by the manure from the Athena Project is expected to be captured, cleaned, and converted into RNG, which can be used for transportation, cooking, or electricity. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements. naphtha blend stocks and nearly six million gallons a year of commercial All Rights Reserved. Brightmark is a global waste solutions company with a mission to reimagine waste. We generation projects in solar, CHP, wind and waste to energy. The timeline represents the initiation of a dream: to create innovative world-changing technology. Opinions expressed by Forbes Contributors are their own. Brightmark LLC and Chevron U.S.A. Inc. today announced the second expansion of their previously announced joint venture, Brightmark RNG Holdings LLC, to own projects across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). Given the global push to address climate change, ETFs such as PBD can be good options for investing in clean energy technology. over 25 years of collective clean energy generation experience At Brightmark, we're on a mission to Reimagine Wasteproviding circular solutions to some of the world's most pressing waste challenges, including turning organic waste into clean, renewable. The deal was announced last week. Itself a recycler, RecycleForce will send plastics it cant recycle (materials contaminated with food products, for example) to the Brightmark facility. Brightmarks subsidiary, RES Polyflow, designs, manufactures and Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Brightmark Energy, LLC (Brightmark), a private, San Francisco Will His AI Plans Be Any Different? bright stock: [noun] any of various clear oils (such as a heavy lubricating oil) obtained usually from residues of petroleum distillation by refining (as by removal of wax). All quotes are in local exchange time. We work hard every day to create a world without waste and find ways to positively impact our environment, partners, and the communities around us. Having a diversified portfolio has never been easier. NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the companys products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the companys global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the companys suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the companys joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the companys operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the companys control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the companys future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the companys ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading "Risk Factors" on pages 20 through 25 of the companys 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission.
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