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OSLO, Norway — SLB Capturi has reached a significant milestone of mechanical completion of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway. With the full-scale carbon capture plant now complete, including the carbon capture system, compression system, heat integration system, intermediate storage, and loadout facilities, the plant is now ready for testing and commissioning. When operational, this world-first commercial-scale carbon capture plant at a cement facility will enable production of net zero cement, without compromising on the product strength or quality. “Reaching this milestone is a testament to the power of working together and the collective determination to make a positive climate impact,” said Egil Fagerland, CEO, SLB Capturi. “We look forward to continuing these collaborative efforts as we move toward the commissioning and operational phases of the project. The Brevik CCS plant sets a precedent for future carbon capture initiatives, where learnings and insights from this groundbreaking project enable others to follow.” Due to the inherent emissions of cement production, the sector is dependent on carbon capture and storage to reach net zero. The carbon capture plant is designed to capture up to 400,000 metric tons of CO annually from the cement facility. Strong execution support from Aker Solutions and the local industry has been instrumental in completing the construction of this project. “The mechanical completion of the Brevik CCS project is a landmark achievement in the decarbonization journey of the cement industry,” said Giv Brantenberg, general manager Northern Europe, Heidelberg Materials. “This project exemplifies our commitment to innovation, collaboration, and the pursuit of solutions that address the pressing issue of climate change. We are immensely proud of the dedication and hard work of our teams and partners who have made this possible.” The CCS plant is part of , Europe’s first complete value chain for the capture, transport, and storage of industrial CO emissions. The Brevik plant will now move into commissioning phase, with operations starting during 2025. SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at . SLB Capturi is dedicated to carbon removal and reduction solutions. The company’s proven modular technologies enable industries to deploy capture technology at speed and scale, meeting the requirements of tomorrow and the opportunities of today. The company is currently delivering seven carbon capture plants to bioenergy, waste to energy, and cement facilities. Find out more at capturi.slb.com This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise. Josh Byerly – SVP of Communications Moira Duff – Director of External Communications SLB Tel: +1 (713) 375-3407 Hanne Rolén – Head of Sustainability & Communications SLB Capturi Tel: +47 990 02 571 James R. McDonald – SVP of Investor Relations & Industry Affairs Joy V. Domingo – Director of Investor Relations SLB Tel: +1 (713) 375-3535
LIMASSOL, Republic of Cyprus, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Eurasia Resource Value S.E. (“ERV”) today announced that it has acquired 1,052,632 common shares (“Common Shares”) of Condor Energies Inc. (“Condor”) (TSX: CDR) as part of a larger offering by Condor of Common Shares under the Listed Issuer Financing Exemption and other exemptions under National Instrument 45-106 Prospectus Exemptions of the Canadian Securities Administrators (“NI 45-106”), under which an aggregate of 10,198,582 Common Shares were issued (the “Offering”). ERV subscribed as an “accredited investor” under NI 45-106 and the aggregate consideration paid by ERV was CAD$2,000,000.80 or CAD$1.90 per share. Prior to the Offering, ERV held 13,399,905 Common Shares, or approximately 23.40% of the total issued and outstanding Common Shares. Following the Offering, ERV holds 14,452,537 Common Shares, or approximately 21.42% of the total issued and outstanding Common Shares. As Condor’s largest shareholder before and after the Offering, ERV participated in the Offering for investment purposes as it believes the proceeds will position Condor to execute on its current business plan and strategy. An early warning report pursuant to National Instrument 62-103 The Early Warning System and Related Take-over Bid and Insider Reporting Issues will be filed on the Company’s SEDAR+ profile at www.sedarplus.ca. A copy of the report may be obtained by contacting Norman Storm at ERV using the following contact information: EurAsia Resource Value S.E. (“ERV”) Griva Digeni 78, 1 st Floor, Office A1 3101 Limassol Republic of Cyprus norman1700@gmail.com The Common Shares of Condor are traded on the Toronto Stock Exchange. Condor’s head office address is: Condor Energies Inc. Suite 1810, 500 4 th Avenue SW Calgary, AB, T2P 2V6CW-One Music Group Announces Imprint Label Partnership with Magnanimous Worldwide to Expand Global ReachSeahawks have taken a bumpy path to first place in the NFC West
Keir Starmer vows to move Britain closer to the EU - despite warnings it could alienate Donald Trump Follow DailyMail.com's politics live blog for all the latest news and updates By JASON GROVES POLITICAL EDITOR Published: 21:30 GMT, 2 December 2024 | Updated: 22:25 GMT, 2 December 2024 e-mail 97 View comments Keir Starmer last night vowed to move Britain closer to the EU, despite warnings it could alienate Donald Trump . The Prime Minister insisted a softer Brexit deal was ‘vital for our growth and security’ - and said he had ‘already made progress’ on a reset of relations with Brussels. In the annual speech to the Lord Mayor’s banquet in the City of London , the PM insisted he could strengthen ties with Mr Trump at the same time, revealing that he had told the President-elect he would ‘invest more deeply than ever in this transatlantic bond with our American friends’. Mr Trump has been a vocal critic of the EU and allies have warned that Sir Keir cannot expect a close relationship with the incoming administration in Washington if he cosies up to Brussels. Stephen Moore, an economic adviser to Mr Trump, said last month that Britain would have to choose between the EU and Washington, saying: ‘Britain has to decide - do you want to go towards the European socialist model or do you want to go towards the US free market?’ Mr Moore said the US would be ‘less interested’ in a new trade deal with the UK if Sir Keir forges closer economic ties with Brussels. Some Labour MPs have urged the PM to accelerate closer ties with Brussels in the wake of President Trump’s victory, while Lib Dem leader has advised him to ‘Trump-proof’ Britain by cosying up to the EU. The PM last night insisted he could ride both horses at once, saying it was ‘plain wrong’ to suggest he would have to prioritise between relations with Britain’s most important ally and its biggest trading market. The Prime Minister insisted a softer Brexit deal was ‘vital for our growth and security’ - and said he had ‘already made progress’ on a reset of relations with Brussels Last night Starmer said he would never turn his back on the US, despite foreign secretary David Lammy once describing Donald Trump as a ‘tyrant in a toupee’ ‘I want to be clear at the outset,’ he said. ‘Against the backdrop of these dangerous times, the idea that we must choose between our allies - that somehow we’re with either America or Europe - is plain wrong. I reject it utterly. ‘Attlee did not choose between allies. Churchill did not choose. The national interest demands that we work with both.’ In recent months, Sir Keir has tried to rebuild relations with Mr Trump following years in which Labour painted him as a Right-wing bogeyman. Last night he said he would never turn his back on the US, despite foreign secretary David Lammy once describing Mr Trump as a ‘tyrant in a toupee’. Read More DAILY MAIL COMMENT: A reset can't disguise PM's lack of vision The PM said the US had been ‘the cornerstone of our security and our prosperity for over a century’, adding: ‘We will never turn away from that.’ He said the ‘special relationship’ was forged on the battlefields of two world wars, adding: ‘This is not about sentimentality. It is about hard-headed realism. Time and again the best hope for the world and the surest way to serve our mutual national interest has come from our two nations working together. It still does.’ Sir Keir said that when Mr Trump ‘graciously hosted me for dinner’ in New York in September ‘I told him that we will invest more deeply than ever in this transatlantic bond with our American friends in the years to come.’ He added: ‘And we will rebuild our ties with Europe too.’ Sir Keir has invested heavily in strengthening relations with EU leaders as part of efforts to reset relations with Brussels. Ministers are said to be close to agreeing a deal which would allow young Europeans to travel and work in the UK, which they hope will open to door to a wider trade agreement. Last night the PM insisted he was not trying to reverse Brexit, saying the talks were ‘about looking forward, not back’. Some Labour MPs have urged the PM to accelerate closer ties with Brussels in the wake of President Trump’s victory, while Lib Dem leader has advised him to ‘Trump-proof’ Britain by cosying up to the EU. Pictured: European Commission President Ursula von der Leyen ‘There will be no return to freedom of movement, no return to the customs union and no return to the single market,’ he said. ‘Instead we will find practical, agile ways to cooperate which serve the national interest. But he said renewed relations with the EU were ‘on any objective assessment vital for our growth and security.’ And he accused the Conservatives of undermining Britain’s influence by souring relations with Europe and ‘demonising’ the European Court of Human Rights in Strasbourg as a ‘foreign court’. ‘None of this was aimed at seriously trying to solve the problems we face,’ he said. ‘And added together, it actively harmed the national interest.’ Read More Over 20,000 small boat migrants have arrived in the UK since Labour came into power The PM defended recent efforts to thaw relations with China, saying Britain ‘can’t simply look the other way’ at the actions of the emerging superpower. ‘We need to engage,’ he said. Sir Keir renewed his commitment to Ukraine, saying it was ‘deeply in our self-interest’. But, in an acknowledgement that an incoming Trump administration could pressure Kyiv to sue for peace, he suggested the aim now must be to ‘put Ukraine in the strongest possible position for negotiations so they can secure a just and lasting peace on their terms that guarantees their security, independence - and right to choose their own future’. Making the case for continued support for Ukraine’s military effort, he said the ‘future of freedom in Europe is being decided today’. ‘We face a near and present danger with Russia as an erratic, increasingly desperate aggressor, on our continent marshalling all its resources - along with North Korean troops and Iranian missiles - aiming to kill and to conquer,’ he said. The PM repeated his commitment to increasing defence spending to 2.5 per cent of GDP but again gave no timetable for when military funding might increase. With Mr Trump raising concerns about the financial contributions made by Nato members, Sir Keir said it was ‘vital that all European nations step up to protect our shared future’. Brussels Donald Trump Labour Keir Starmer Share or comment on this article: Keir Starmer vows to move Britain closer to the EU - despite warnings it could alienate Donald Trump e-mail Add commentMINNEAPOLIS (AP) — Minnesota Vikings coach Kevin O'Connell's stirring locker room tribute to his team last week at Seattle was respectfully interrupted by seven-year veteran right tackle Brian O'Neill, who flipped the script on the game ball awards by tossing one to the boss in honor of his second 13-win season in three years. The Vikings have obliterated even the most optimistic of external predictions for this transitional season, taking a sparkling 13-2 record into their matchup against the Green Bay Packers that has made O'Connell the current favorite for the NFL Coach of the Year award. “It’s a credit to who he is as a person, as a coach and as a leader,” tight end T.J. Hockenson said. “We’re very fortunate to be able to play under him.” The Vikings can not only win the NFC North for a second time in three seasons, but get the No. 1 seed with a first-round bye and home-field advantage throughout the NFC tournament if they beat both the Packers at home on Sunday and the Detroit Lions on the road next week. Don't expect the Vikings to ponder that possibility, though, as tantalizing as it would be. “It can be a very tired cliché to talk about going 1-0 until you’ve systematically built your entire operation daily of just trying to do that every single day,” O'Connell said after Minnesota's eighth consecutive victory . “These guys, it’s not a cliché at that point. It becomes part of your football foundation and the makeup of your locker room, of your leadership, your coaching staff.” The Packers could be forgiven for being less than impressed by the impact O'Connell has made, for a reason beyond simply him coaching their biggest rival. Green Bay enjoyed even better out-of-the-gate success under coach Matt LaFleur, who was hired in 2019 and won 13 regular-season games in each of his first three years. Though they're in third place at 11-4, two games behind the Lions and the Vikings, the Packers too have secured a place in the playoffs even if they can't win their loaded division. They'll likely be the visiting team as long as they're alive this postseason. "I think that just all of us going against one another, it’s forced you to be at your best every week," LaFleur said. “You can’t afford a slip-up, just to keep up with everybody.” The road team has won each of the past three matchups in this series. The Packers are 0-4 against the teams with the top three records in the NFC: Detroit, Minnesota and Philadelphia. “We’ve got to be able to go win these games against the really good teams in the league and set ourselves up for the situation we’ll be in for the playoffs,” quarterback Jordan Love said. Aaron Jones rushed for 93 yards on 22 carries for Minnesota in a 31-29 victory at Green Bay on Sept. 29. Released by the Packers for salary cap relief in favor of their premier free agency addition, the three-plus-years-younger Josh Jacobs, Jones just hit the 1,000-yard mark last week and can't hide from the significance of facing his former team. "They respect you because they were on your team or they've seen the work that you put in, but you want to gain their respect in another way from playing against them, like, ‘Man, this dude is really as good as I thought he was,’" Jones said. Jacobs, for his part, is fourth in the NFL entering Week 17 with 1,216 rushing yards for the most by a Packers player in a season since Ryan Grant (1,253) in 2009. The earlier matchup this season featured seven combined turnovers, four by the Packers and three by the Vikings. Both of these teams are among the NFL's best in the turnover department, with Green Bay at a plus-12 margin and Minnesota at a plus-10. The Packers have allowed a total of three sacks and have committed just two turnovers over their past five games. The Vikings are eagerly anticipating the return of second-year linebacker Ivan Pace, the sparkplug who has missed four games on injured reserve with a hamstring strain. They’ll be cautious with him and the tricky nature of that injury, but getting Pace back in the middle of the action with fellow linebacker Blake Cashman would be a big boost to the play-calling options for defensive coordinator Brian Flores. “He flies around. When he blitzes, he’s as impactful as anybody, and when you can really get him and Cash out there at the same time, they both can really play to their strengths,” O’Connell said. “They’re both really good blitzers. Cash is phenomenal in coverage and reading the quarterback, and when you can kind of pair those guys together, run and pass, that’s when we’re at our best.” Brayden Narveson missed both of his field-goal attempts for Green Bay, from 37 and 49 yards, in the two-point decision at Lambeau Field in Week 4. The Packers released Narveson a couple of weeks later in favor of 11-year veteran Brandon McManus, who has gone 16 of 17 on field-goal tries including game-winners as time expired against Houston and Jacksonville. AP NFL: https://apnews.com/hub/NFL
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Recognized for Crypto Payments Solution in Cross-Border Payments for the 2nd Consecutive Year Boston, MA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Almond FinTech, a leading B2B provider in cross-border payments, has won CrossTech's "2024 Crypto Payments Solution in the Cross-Border Industry,” earning this honor for the second consecutive year and reinforcing its role as an industry pioneer. Left to right Almond Team (Howard Davidson, Adam Swartzbaugh, Darren Bruce, Hector Santiago) Over the past year, Almond has made significant advancements to its proprietary Settlement Optimization Engine (SOE), enhancing its ability to remove barriers in global financial transactions. The SOE leverages crypto as a bridge currency, using advanced data aggregation to recommend the best possible currency exchange rate in real time, ensuring faster, more affordable, and transparent cross-border payments while reducing risk. Operating in 10 countries and supporting over 30 digital currencies, Almond continues to address critical financial challenges globally. "Receiving this award is a testament to our team's relentless commitment to pushing the boundaries of financial technology,” says Almond CEO and Co-Founder Adam Swartzbaugh. "We've always believed that true innovation comes from understanding our customers' deepest needs and creating solutions that not only solve their current problems, but anticipate future challenges. This award validates our mission and the hard work we've put in each and every day.” This recognition underscores Almond's role as a thought leader in the industry, a position further highlighted by Swartzbaugh's participation as a panelist at CrossTech for Business Payments: The New Revenue Stream for Remittance Companies. The session explored how remittance companies are evolving from P2P to B2B payments, driving ecosystem expansion, new revenue streams, and adaptation to the global financial landscape. Moderated by CrossTech CEO Hugo Cuevas-Mohr, the panel also featured Daniel De Michele (Remitly) and Mark Corritori (Mastercard). "CrossTech is proud to honor Almond FinTech's groundbreaking innovation in cross-border payments. Their use of crypto technology to enhance transparency, speed, and affordability is revolutionizing how businesses and individuals connect globally, creating a transformative impact on the cross-border payment landscape.” - Priscilla D'Oliveira, COO, CrossTech. About CrossTech The CrossTech Innovation Awards honor organizations and leaders transforming the cross-border payments industry through creative and groundbreaking solutions. Learn more about the awards at www.crosstechpayments.com . About Almond FinTech Almond is a B2B fintech company transforming cross-border payments by empowering financial institutions and their customers with the best possible rates and near-instant settlements across all corridors globally. With Almond technology, institutions can guarantee fast, affordable, and transparent cross-border transactions. Visit www.almondfintech.com for more information. CONTACT: Shazir Mucklai IMPERIUM AI LLC shazir(at)imperium-pr.comMaha Periyava: the ideal guru