We are about to start the construction of -, U.S. oil & gas rig count falls for third week in a row - Baker Hughes, News Highlights: Top Energy News of the Day, Big Oil to take centerstage at Houston meet as markets, alliances shift, Chevron : Hydrogen-fueled gas turbine engine could lead to lower carbon intensity. Clean Energy Fuels also designs, builds, and operates vehicle fleet customer stations, sells RNG manufacturing equipment, and sells U.S. federal, state, and local environmental credits. waterways. A group of 60 students from New River Middle School in Fort Lauderdale, Florida, recently spent the day collecting trash on the beach that they measured, sorted, and cataloged to learn more about the devastating effect that plastics have on the ocean ecosystem. Brightmark CEO Bob Powell at the Ashley, Indiana plastics renewal plant. SMOG includes exposure to biofuel companies as well as other alternative fuels. Headquartered in Calgary, Alberta, Canada, Enbridge Partners is a multinational pipeline company expanding into the distribution of renewable natural gas. businesses first, enabling them to take control of their costs, Brightmark was recruited to Georgia with $82 million in incentives, plans to initially turn plastic waste into diesel fuel and chemicals, but its long-term goal is full recycling -- to create new . More information about Chevron is available at www.chevron.com. SAN FRANCISCO Brightmark Energy, the global waste solutions leader that is building a plastics-to-fuel conversion plant in Ashley, today announced that it has dropped the word "Energy . Like its ticker symbol implies, Cheniere Energy is a leading . This report reveals specific stocks that could soar: 6 if Trump wins, 6 if Biden wins. 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). Capitalism and the Environment: Are they Good or Bad for Each Other? With a P/E ratio of 24.16 and a dividend yield of 3.28 percent, Dominion Energy is rated a buy by analysts. Already a major force in the energy sector. manufacturing jobs will be created in Northeast Indiana when all phases During the digestive process, sheep and cattle release methane, which is used to produce RNG for vehicles. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Oils $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? The solids create more stable fertilizers, Powell said. Its all a part of the Athena Project, a partnership with Brightmark, to bring agricultural sustainability to the next level. Positivity Our goal to Reimagine Waste is more than a missionits a way of life. Initial customer reaction to Brightmark has been tremendous. Oil major Chevron Corp's U.S. unit and waste management firm Brightmark LLC said on Wednesday they have formed a joint venture to market dairy biomethane, a renewable natural gas made of methane . Bob Powell, President & Chief Executive Officer of Jay Schabel, President of Brightmark Energys plastics division, said, Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. We have a way to solve problems some people didnt think we could solve at scale, he said. Today, that discovery is still the heart of the Zacks Rank. Brightmark Energy designs, manufactures, and implements commercial scale energy recovery systems that offer a responsible end-of-life solution for non-recycled waste plastic. Compartment A, ISIN code FR 0006174348, stock symbol: BVI. A nurturing culture that values diverse ideas, traditions, heritages, and experiences. Its shares have outperformed the Zacks Oil & Gas Integrated industry in the past 6 months. We are excited about the long-standing experience Brightmark has in this area and look forward to working with them and the opportunities ahead. The U.S. Renewable Fuel Standard lists renewable natural gas as an advanced biofuel. Brightmark will be constructing the facility in partnership with the NSW Government, as part of its commitment to drive economic growth and prosperity in regional NSW. Brightmark's subsidiary, RES Polyflow, designs, manufactures and implements commercial scale energy recovery systems that offer a responsible end of life solution for non-recycled waste plastic.. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. Copyright 2023 MarketWatch, Inc. All rights reserved. Global problems require global solutions. The SK Global Chemical MOU is the first step of potentially many in that direction. An environment that thrives on a positive approach to work while executing with a sense of urgency. BMRK Stock Price | Benchmark Energy Corp. Stock Quote (U.S.: OTC) | MarketWatch BMRK | Complete Benchmark Energy Corp. stock news by MarketWatch. Brightmark is a growth stock with a higher beta, but its quarterly revenue growth of more than 800 percent is higher than the sector average. See Related: Best Weapon Free Funds to Invest In Today. See Related: Best EV Charging Station Stocks. Plastic waste being conveyed to the shredder in the Ashley, Indiana facility. Eco tip: Celebrate Womens History Month and environmentally conscious efforts by supporting local women-owned businesses. Resourceful Given the global push to address climate change, ETFs such as PBD can be good options for investing in clean energy technology. power project in the US. The project is comprised of three farms located in Minnehaha County: Boadwine Farms, Pioneer Dairy, and Mooody Dairy. of the 112,000 square foot facility are operational. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements. Weve shown we can do it in ways that are economically sustainable. Its then heated to high temperature (between 400 and 650 degrees Celsius) in the absence of oxygen, which breaks the polymer chains of the plastics and transforms the waste into diesel fuel, naphtha and wax. Pyrolysis is an essential technology to resolve plastic issue, said Na Kyung-soo, their CEO. naphtha blend stocks and nearly six million gallons a year of commercial 'We are increasing renewables in support of our business, making targeted investments and establishing partnerships as we evaluate emerging sources of energy and the role they will play in our portfolio. All rights reserved. its operations. To add symbols: Type a symbol or company name. We want to create a fully circular environment to save the planet we all share, creating a brighter future for current and future generations. Brightmark Awarded for Global Sustainability, Brightmark and NOAAs Florida Keys National Marine Sanctuary Announce Buoy Plastic Recycling Partnership, Brightmark Launches Medical Waste Recycling Program with Jamar Health Products, Local dairy farm becomes more sustainable with methane digesters, Brightmark Announces First Gas at the Athena Project, Young Students Spend the Day Learning to Conquer Plastics in the Ocean, 2022 Northeast Indiana Manufacturing Awards presented, Brightmark Announces Advanced Plastics Renewal Facility in Australia, Brightmark CEO Featured in Plastics Engineering Magazine, Brightmark, Chevron Announce Vlot Anaerobic Digestion Project, Brightmark Receives ISCC PLUS Certification, Brightmark Fast Company Next Big Things in Tech, Brightmark Partners with Guy Harvey Ocean Foundation, Brightmarks Plastics Renewal Technology Reduces Carbon Footprint From Fuels By 39%-139%, Brightmark, Chevron Announce First Renewable Natural Gas at Lawnhurst Farms, bp and Brightmark to Explore Developing Next Generation Plastics Renewal Plants in Europe. Headquartered in Richmond, Virginia, Dominion provides electricity and natural gas to homes, businesses, and wholesale customers, making its interest in renewable natural gas a natural fit. 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). We Do Not Sell My Data |. SAN FRANCISCO & SAN RAMON, Calif. & MINNEHAHA COUNTY, S.D., August 03, 2022--(BUSINESS WIRE)--Brightmark RNG Holdings LLC a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider delivered first gas at its Athena Project in Minnehaha County, South Dakota. A local dairy operation is becoming more sustainable. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. More information about Chevron is Were looking at expanding more internationally too. film, flexible packing, styrofoam and childrens toys directly into plastics-to-fuel plant in Ashley, Indiana. SAN RAMON/SAN FRANCISCO, California, Oct. 7, 2020 - Brightmark LLC and Chevron U.S.A. Inc. today announced the formation of a joint venture, Brightmark RNG Holdings LLC, to own projects across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). The 2022 Northeast Indiana Manufacturing Awards highlighted some of the outstanding products being created in Northeast Indiana. Chevron, headquartered in San Ramon, CA, is one of the largest publicly traded oil and gas companies in the world, with operations in almost every corner of the globe. Copy and paste multiple symbols separated by . Type a symbol or company name. However, here are 15 RNG stocks and exchange-traded funds that are worth consideration. "These renewable natural gas projects are not only designed to capture methane that is currently emitted to the atmosphere and repurpose it as a valuable transportation fuel with lower lifecycle carbon intensity, but they also support our commitment to meeting our customers growing demand for lower carbon fuel solutions. Brightmark delivers the first gas at its Athena Project in Minnehaha County, South Dakota. A resourceful mindset that leverages relationships and means to maximize value and output. Investment from Jackson Investment Group Join the newsletter and learn how you can make a invest for financial return and make a positive impact. At Brightmark, our mission to Reimagine Waste is more than a mission; its our mantra. Chevron will purchase the natural gas produced from these projects to market as transportation fuel. Brightmark RNG Holdings LLC has initial projects already underway in Florida, Michigan, New York, and South Dakota, which adds to Brightmarks existing projects with 23 farms across the country. Chevron is known for producing fossil fuels, but its partnership with Brightmark has it working to produce and market RNG from dairy farms. Brightmark Energy CEO Bob Powell welcomed attendees to the In the future, we might have more going on in water and electrical infrastructure. Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously. You may opt-out by. generation solutions that lower customer carbon emissions while at As you consider these equities and ETFs, note how these RNG options range from conservative to growth. 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. No results found. have already acquired control of one operating combined heat & Create your Watchlist to save your favorite quotes on Nasdaq.com. manufacturing plastic again, thus creating the worlds first truly bonds. Atlantica owns a diverse portfolio of projects in renewable energy, storage, transmission lines, and water in North and South America. Business Intelligence Group recognizes Brightmarks Ashley, Indiana Plastics Renewal Facility as Sustainability Initiative of the Year. World-class systems to ensure uncompromised safety, quality, and operational excellence. A subsidiary of Sempra Energy, Los Angeles-based Southern California Gas is the largest provider of natural gas in the state. It is imperative that Brightmark develop these lifecycle carbon negative projects all over the world, and this is a huge step forward in that process. Will His AI Plans Be Any Different? It may not be for the risk-averse investor. The company announced it would build the worlds largest circularity center in Georgia. I write about the amazing things happening in the world of industry. "Achieving first gas at the Athena Project marks another major milestone as Brightmark continues to scale and expand our RNG production footprint throughout the country," said Bob Powell, founder and CEO of Brightmark. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Brightmark is founded Brightmark is founded and the executive team is assembled with veterans from the renewable energy industry. Bob Powell Brightmarks first project goes online in Sumter, South Carolina. Brightmark Energy develops, owns and operates waste and energy projects ', 'Our mission at Brightmark is to reimagine waste by creating innovative solutions like RNG projects,' said Bob Powell, CEO and founder of Brightmark. Within this report, youll learn: Our Continue reading 5 Year Impact Report, Certification ensures compliance with high ecological and social sustainability requirements, greenhouse gas emissions savings, and traceability throughout the supply chain Ashley, IN, December09, 2021: Brightmark, LLC the global waste solutions provider, today announced that its Ashley, Indiana Plastics Renewal Facility has been ISCC PLUS (International Sustainability and Carbon Certification) certified. The natural gas is made from emissions from cattle burps. The facility will convert approximately 100,000 tons of plastics May not have the diversification of other clean energy companies. View source Through its subsidiaries that conduct business worldwide, Chevron Corp is involved in virtually every facet of the energy industry. These symbols will be available throughout the site during your session. We encourage you to join us; there is not a day to waste. lower carbon emissions and increase operational reliability. Brightmark employs technology solutions such as combined heat and It delivers a strong dividend yield for passive income. Brightmark secured an initial equity and debt commitment of up to $250 million from the Jackson Investment Group ("JIG") to launch its operations. Is anyone else entertained by the ticker symbols of some ETFs? An environment that thrives on a positive approach to work while executing with a sense of urgency. Theyre a subsidiary of SK Innovation that makes advanced materials for automotive, electronics and telecommunications producers, as well as consumer products. And regardless what you think about climate change, reducing the colossal man-made sources of atmosphere-altering gases only makes good sense. groundbreaking and cited the need for paradigm-shifting recycling available at www.chevron.com. 1725 Montgomery St, Floor 3, San Francisco, CA 94111, 2023 Brightmark. Shares of Chevron have lost 12.8% compared with the 19.6% decline of the composite stocks belonging to the. Atlantica Sustainable Infrastructure stands to gain as the U.S. and other countries turn to clean energy options. The company is aiming to process 100,000 tons of plastic next year, its first year of full-time. We are dedicated to discovering and providing circular solutions to some of the world's most pressing waste challengesincluding turning organic waste into renewable energy and closing the loop on plastic waste. Were more determined than ever. The RNG from this source tends to go towards powering natural gas vehicles. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. When used in the transportation sector, renewable natural gas from dairy operations has a negative carbon intensity on a lifecycle basis under Californias Low Carbon Fuel Standard. Mostly an energy and natural gas company with an interest in RNG, The highest dividend yield of stocks and ETFs reviewed. Currently, the company is working on advancing the use of renewables, making targeted investments and establishing partnerships in emerging sources of energy. For more information, visit https: . solution to the complex problems our nation faces around plastic Brightmark breaks ground on the worlds largest and first commercial-scale plastics circularity center. The timeline represents the initiation of a dream: to create innovative world-changing technology. Words or phrases such as "anticipates," "expects," "intends," "plans," "targets," "advances," "commits," "drives," "aims," "forecasts," "projects," "believes," "approaches," "seeks," "schedules," "estimates," "positions," "pursues," "may," "can," "could," "should," "will," "budgets," "outlook," "trends," "guidance," "focus," "on track," "goals," "objectives," "strategies," "opportunities," "poised," "potential," "ambitions," "aspires" and similar expressions are intended to identify such forward-looking statements. Today they announced the signing of a memorandum of understanding (MOU) for a partnership to construct a commercial-scale plastics renewal plant in South Korea with Seoul-based international petrochemical company SK Global Chemical. Some investors are looking for a dividend yield for income or reinvestment to grow their portfolios. that employ technology solutions including plastics to renewable Since biogas is a product of the natural decomposition of organic matter, RNG can come from landfills, livestock operations, anaerobic digestion, or thermochemically. 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