Connect with us

Technology

Innoverse Technologies Deploys Innovative Grid Tie Technology to Major Oil & Gas Site in Southern Oklahoma

Published

on

GAINESVILLE, Texas, Oct. 31, 2024 /PRNewswire/ — Innoverse Technologies is thrilled to announce the successful mobilization of its cutting-edge technology to a prominent Oil & Gas Operator’s production facility in Southern Oklahoma. The deployment marks a significant milestone for the company, as it partners with one of the top 10 energy companies in the world to revolutionize how waste gas is converted into usable electricity while minimizing environmental impact.

Innoverse specializes in a patented grid-tie technology designed to convert waste gas, including flare or waste gas streams traditionally considered unsuitable for energy production, into clean, efficient electricity. This deployment showcases the system’s ability to reduce emissions on Oil & Gas sites while maintaining a stable and “clean” electrical output, thanks to its isolated electronic connection with the utility grid. The unique design provides a broader operating range, ensuring optimal performance and reduced emissions.

The current Innoverse system on-site is converting on average an impressive 1 thousand cubic feet per day (mcfd) of waste gas into 123 kilowatts (kW) of power. Notably, the system achieves an exceptional 99.985% combustion efficiency, with zero measurable NOx (nitrogen oxides) emissions and zero percent CO (carbon monoxide) emissions, as verified by an industry-standard 5-gas analyzer.

“This project exemplifies our commitment to innovation and sustainability in the Oil & Gas industry. We are proud to offer a solution that not only addresses the issue of waste gas but also contributes to a cleaner energy future by significantly reducing emissions,” said Zach Bowman, CEO of Innoverse Technologies.

The company’s groundbreaking technology aligns with growing industry trends toward environmental responsibility, positioning Innoverse as a key player in helping companies meet their sustainability goals.

For companies in the Oil & Gas sector dealing with waste or stranded gas, Innoverse Technologies offers an efficient and eco-friendly solution. If your organization or someone you know is interested in exploring this technology further, Innoverse invites you to reach out for more information.

Innoverse Technologies is also exploring investment opportunities. Interested investors are encouraged to contact Zach Bowman directly for details on how they can be a part of the company’s next phase of growth.

Contact Information:

Innoverse Technologies
Zach Bowman, CEO
Phone: 833.940.7788
Email: info@innoversetech.com 
Website: innoversetech.com 

About Innoverse Technologies:

Innoverse Technologies is a leading innovator in grid tie solutions, specializing in converting waste gas into clean, efficient energy. With its patented technology, Innoverse is helping the Oil & Gas industry reduce emissions and achieve greater sustainability. The company’s mission is to leverage advanced technology to turn environmental challenges into opportunities for sustainability.

For media inquiries, please contact:
info@innoversetech.com

Image Link

View original content to download multimedia:https://www.prnewswire.com/news-releases/innoverse-technologies-deploys-innovative-grid-tie-technology-to-major-oil–gas-site-in-southern-oklahoma-302293114.html

SOURCE Innoverse Technologies

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Inspur Smart Healthcare Participates in GITEX IMPACT 2024 Exhibition

Published

on

By

DUBAI, UAE, Dec. 23, 2024 /PRNewswire/ — From October 13th to 16th, the GITEX IMPACT 2024, Dubai’s Carbon Neutrality and Technology Exhibition, was held in Dubai. Organized by the Ministry of Economy and Ministry of Tourism of the United Arab Emirates, the exhibition focused on the forefront of sustainable development technologies, encompassing a wide range of sectors including construction, oil and gasoline, energy, and healthcare. It stands as one of the largest technology exhibitions in the Middle East and globally. Inspur Smart Health was invited to participate, showcasing its core products and cases of empowering the digital and intelligent transformation of the healthcare industry at the exhibition.

At the exhibition site, Inspur Smart Health introduced a series of products and solutions to government agencies and medical institutions, including the Health and Medical Big Data Intelligent Platform, Inspur Medical Industry International Trade Platform, Integrated Healthcare and Long-term Care Platform, Health Examination Center Solutions, Medical Group Information Management Platform, Internet Hospitals. These presentations comprehensively demonstrated Inspur Smart Health’s product innovation advantages and service capabilities.

Through this “debut” in the Middle East and even the global market, Inspur Smart Health has laid a solid foundation for further expanding its overseas “circle of friends” and establishing international brand recognition. In the future, Inspur Smart Health will continue to leverage its technological advantages in big data and artificial intelligence, constantly enhance the internationalization level of its products and solutions, deepen the exploration of overseas markets, and contribute to the thriving development of the global medical digital industry.

View original content:https://www.prnewswire.com/apac/news-releases/inspur-smart-healthcare-participates-in-gitex-impact-2024-exhibition-302338199.html

SOURCE Shandong Inspur Intelligent Medical Technology Co., Ltd.

Continue Reading

Technology

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

Published

on

By

Reflects New Era in Music Streaming, Including Artist-Centric Principles and Furthering Authentic Engagement Between Artists and Fans

SANTA MONICA, Calif., Dec. 23, 2024 /PRNewswire/ — Universal Music Group (UMG), the world leader in music-based entertainment, and Amazon Music today announced an expanded global relationship that will enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection.

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

This reflects the two companies’ shared commitment to advancing and safeguarding human artistry, while ensuring UMG’s artists achieve their commercial potential through the service’s continued product enhancements and exclusive content that elevate authentic engagement between artists and fans.  

UMG and Amazon Music will work closely to explore new and enhanced product opportunities designed to benefit artists and enrich the experience of their fans. UMG will also collaborate with Amazon Music as it continues to expand in audio, including further innovation in audiobooks, audio and visual programming, and its investment in livestreamed content that has connected millions of fans with their favorite artists across all genres and corners of the world. UMG and Amazon will also work collaboratively to address, among other things, unlawful AI-generated content, as well as protecting against fraud and misattribution.

Sir Lucian Grainge, Chairman & CEO, Universal Music Group said, “We are very excited to advance our long-standing, excellent partnership with Amazon Music that marks a new era in streaming—Streaming 2.0. We appreciate Amazon Music’s deep commitment to the interests of our artists, and look forward to progressing our shared artist-centric objectives through product innovation and accelerating growth of their service.”

Steve Boom, VP of Audio, Twitch and Games for Amazon said, “UMG has always been a collaborative partner to Amazon Music, and as we continue to invent and introduce more artist-to-fan connections through our product and exclusive content, we’re redefining what it means to be a streaming service. We’re thrilled to expand our relationship with UMG which will enable us to partner on meaningful new ways for artists to deepen their engagement with fans around the world, while working together to protect the work of artists, songwriters and publishers.”

Notes to editors:

About Universal Music Group
Universal Music Group exists to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.

About Amazon Music
Amazon Music is an immersive audio entertainment service that connects fans, artists, and creators through music, podcasts, and culture. Amazon Music brings fans closer to what they love, with curated and personalized playlists, artist livestreams, artist merch, and Amazon Exclusive podcasts. Prime members get access to over 100 million songs in shuffle mode, All-Access playlists, plus the largest catalog of top ad-free podcasts, included with their membership. Customers can upgrade to Amazon Music Unlimited for full, on-demand access to 100 million songs in HD, a growing catalog of Ultra HD and Spatial audio, and the world’s largest selection of audiobooks from Audible. Anyone can listen to Amazon Music by downloading the free Amazon Music app, or wherever they listen to music including Alexa-enabled devices. Learn more at amazon.com/music.

View original content to download multimedia:https://www.prnewswire.com/news-releases/universal-music-group-and-amazon-music-expand-global-relationship-302338093.html

SOURCE Universal Music Group

Continue Reading

Technology

Repurchase of Loomis’ shares during the fourth quarter 2024 completed

Published

on

By

STOCKHOLM, Dec. 23, 2024 /PRNewswire/ — Loomis AB has through the repurchase program that was resolved and communicated on October 28, 2024, repurchased 590,100 shares. Loomis AB’s holding of own shares thereby amounts to 2,514,653 shares, corresponding to 3.54 percent of the outstanding shares in the company. The total number of shares in Loomis AB, including the company’s own shares, amounts to 71,000,000.

For information about transactions in the repurchase program, please see:
https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company’s website, www.loomis.com.

For more information, please contact:

Jenny Boström
Head of Sustainability and IR
jenny.bostrom@loomis.com 
+46 79 006 45 92

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

https://news.cision.com/loomis-ab/r/repurchase-of-loomis–shares-during-the-fourth-quarter-2024-completed,c4086142

The following files are available for download:

https://mb.cision.com/Main/51/4086142/3187900.pdf

Repurchase of Loomis’ shares during the fourth quarter 2024 completed

 

View original content:https://www.prnewswire.com/news-releases/repurchase-of-loomis-shares-during-the-fourth-quarter-2024-completed-302338207.html

SOURCE Loomis AB

Continue Reading

Trending