EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum
(including its affiliate MPLX), Mitsubishi Power, Shell Polymers
and U. S. Steel have formed a new alliance that will play an
important leadership role in decarbonizing the industrial base in
the Northern Appalachian Region of the United States.
The alliance will work with stakeholders on a shared vision for
a low-carbon and hydrogen industrial hub in Ohio, Pennsylvania and
West Virginia that can be a national model for sustainable energy
and production systems. Effective implementation of this industrial
hub and its associated infrastructure development could generate
thousands of new jobs, protect current jobs, and help achieve
significant reductions in carbon dioxide emissions.
The hub concept will include a focus on carbon capture,
utilization & storage (CCUS), as well as hydrogen production
and utilization. This large-scale, regional approach will require
new levels of public-private partnerships across borders and
sectors. The alliance is working to establish a collaborative
network to directly engage industry, labor, universities,
communities, government, research institutions, non-profit
organizations and other groups in these efforts.
The Northern Appalachian Region brings tremendous assets, from
world-class universities and national laboratories to deep-rooted
industrial capabilities, with key strengths in manufacturing,
materials, and energy. All of this is supported by the region’s
highly skilled and experienced work force, as well as a strong and
growing startup ecosystem. This industry-led alliance and network
brings the knowledge, scale and relationships to make this
transformative opportunity a reality.
As this alliance engages key stakeholders in the coming weeks,
participants will work on defining the vision and plans for a
regional CCUS/hydrogen hub that can drive economic resurgence and
technical innovation, secure industrial jobs, and attract new
companies and investments to the region. The alliance is being
facilitated by IN-2-Market, a regional non-profit organization that
will coordinate alliance activities and engagement with regional
stakeholders.
COMPANY INFORMATION AND REMARKS:
EQT Corporation: EQT Corporation (NYSE: EQT) is a leading
independent natural gas production company with operations focused
in the cores of the Marcellus and Utica Shales in the Appalachian
Basin. We are dedicated to responsibly developing our world-class
asset base and being the operator of choice for our stakeholders.
By leveraging a culture that prioritizes operational efficiency,
technology and sustainability, we seek to continuously improve the
way we produce environmentally responsible, reliable and low-cost
energy. We have a long-standing commitment to the safety of our
employees, contractors, and communities, and to the reduction of
our overall environmental footprint. Our values are evident in the
way we operate and in how we interact each day – trust, teamwork,
heart, and evolution are at the center of all we do. To learn more,
visit eqt.com.
“We look forward to working with other
industry leaders to support the development of one or multiple
low-carbon energy hubs in North Appalachia,” said Rob Wingo, EQT
Corporation’s Executive Vice President, Corporate Ventures. “Our
region has an abundant source of low-cost, low emissions-intensive
natural gas which can be converted to low-carbon fuels and used to
reduce our country’s carbon footprint. At EQT, we see a significant
opportunity to expand beyond our existing business by leveraging
this advantage to develop low-carbon fuel production and CCUS
opportunities.”
Equinor: Equinor is a global energy company committed to
providing affordable energy for societies and taking a leading role
in the energy transition. Headquartered in Norway, we’re on a
journey to net-zero emissions through optimizing our oil and gas
portfolio, accelerating growth in renewables and pioneering
developments in carbon capture and hydrogen. With 35 years’ history
in the US, our world-class portfolio stretches across oil and gas,
offshore wind, and low-carbon value chains. Learn more at
equinor.com.
“With an abundance of natural resources,
industrial capabilities, and a highly-skilled workforce, the
Appalachian region is poised to meet America’s energy needs while
leading the transition to a low-carbon future,” said Chris Golden,
Equinor U.S. Country Manager. “Equinor is committed to achieving
net zero emissions, and we’re proud to work together with this
alliance of ambitious companies to realize this opportunity.”
GE Gas Power: GE Gas Power (NYSE: GE) is a world leader
in natural gas power technology, services, and solutions. Through
relentless innovation and continuous partnership with our
customers, we are providing more advanced, cleaner and efficient
power that people depend on today and building the energy
technologies of the future. With the world’s largest installed base
of gas turbines and more than 670 million operating hours across
GE’s installed fleet, we offer advanced technology and a level of
experience that’s unmatched in the industry to build, operate, and
maintain leading gas power plants. For more information, visit the
company's website at www.gepower.com. Follow GE Power on Twitter
@GE_Power and on LinkedIn at GE Power.
“As a leading energy company with equipment
providing more than one third of the world's electricity, GE is
excited to bring its unmatched industrial and power generation
heritage and experience to this new alliance," said Jeremee
Wetherby, Global Decarbonization Partnerships Leader for GE Gas
Power. “GE knows firsthand the importance of pursuing an
affordable, reliable, and sustainable energy system as the gas
turbine OEM with the most operating hours using hydrogen and
similar lower-carbon fuels—but we also believe that the energy
transition can only be accomplished swiftly through the
industry-wide collaboration, policy support, and public demand
garnered by organizations such as this alliance. We are eager to
begin the essential work of helping to transform the Northern
Appalachian’s industrial operations into an American climate
leader."
Marathon Petroleum and MPLX: Marathon Petroleum
Corporation (NYSE: MPC) is a leading, integrated, downstream energy
company headquartered in Findlay, Ohio. The company operates the
nation's largest refining system. MPC's marketing system includes
branded locations across the United States, including Marathon
brand retail outlets. MPC also owns the general partner and
majority limited partner interest in MPLX LP (NYSE: MPLX), a
midstream energy company that owns and operates natural gas
gathering, processing, and fractionation assets, as well as natural
gas, natural gas liquids, crude oil and light product
transportation and logistics infrastructure. More information is
available at www.marathonpetroleum.com.
“This alliance in Northern Appalachia is a
way for forward-looking companies to leverage the region’s many
advantages as we work toward lowering the carbon intensity of the
critical products and services we provide,” said Dave Heppner,
Marathon Petroleum Corporation’s senior vice president of strategy
and business development. “At Marathon Petroleum, we are committed
to meeting the energy needs of today, while also investing in an
energy-diverse future.”
Mitsubishi Power: Mitsubishi Power Americas, Inc.
(Mitsubishi Power) headquartered in Lake Mary, Florida, employs
more than 2,300 power generation, energy storage, and digital
solutions experts and professionals. Our employees are focused on
empowering customers to affordably and reliably combat climate
change while also advancing human prosperity throughout North,
Central, and South America. Mitsubishi Power’s power generation
solutions include gas, steam, and aero-derivative turbines; power
trains and power islands; geothermal systems; PV solar project
development; environmental controls; and services. Energy storage
solutions include green hydrogen, battery energy storage systems,
and services. Mitsubishi Power also offers intelligent solutions
that use artificial intelligence to enable autonomous operation of
power plants. Mitsubishi Power is a power solutions brand of
Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo,
Japan, MHI is one of the world’s leading heavy machinery
manufacturers with engineering and manufacturing businesses
spanning energy, infrastructure, transport, aerospace, and defense.
For more information, visit the Mitsubishi Power Americas website
and follow us on LinkedIn.
Bill Newsom, President and CEO, Mitsubishi
Power, said, “Developing a hydrogen hub in the Tri-State Region
will be critical to achieving the aggressive net zero carbon goals.
Mitsubishi Power realizes that we need to assemble teams with
complementary expertise across the public and private sectors. This
new alliance creates a collaborative network bringing together
diverse companies and groups to solve one of the toughest
challenges our industry is facing. Together with our customers and
partners, we are creating a Change in Power.”
Shell Polymers: Shell is building a world-scale
petrochemical plant, located thirty miles northwest of Pittsburgh
in Monaca, Pennsylvania. Our plant will be the first Shell-operated
polyethylene facility in the Americas, and Shell Polymers is a new
line of business within Shell Chemicals. The plant will take ethane
from the Marcellus and Utica fields and convert it into
polyethylene, which is the building block for many of the plastics
that we see around us today. Our facility is within a 700-mile
radius of nearly 70% of the North American polyethylene market.
Close to both supply and markets, the new facility will decrease
economic and environmental transportation costs and provide
regional plastic manufacturers with more flexibility, shorter
supply chains and enhanced supply dependability. Once complete, the
facility anticipates production with an annual average capacity of
3.3 billion pounds of ethylene and three polyethylene units with a
combined annual production capacity of approximately 3.5 billion
pounds. At Shell, Goal Zero, meaning no harm to people or the
environment, is a deeply held core value. Shell believes operations
and environmental protections can and do exist together, and
throughout the construction process and through operations Shell is
committed to protecting the environment.
“As we march towards finishing the
construction of our world-scale petrochemical plant in Monaca,
Pennsylvania, we are excited to be in on the ground floor of this
tri-state project that could help us reach our net-zero carbon
emission ambitions”, said Hilary Mercer, Senior Vice President of
Shell Polymers Pennsylvania Chemicals. “The creation of this hub
could contribute to a more sustainable energy future for what is
already a very advantaged region in terms of human and natural
resources.”
U. S. Steel: (NYSE: X) Founded in 1901, United States
Steel Corporation is a leading steel producer. With an unwavering
focus on safety, the company’s customer-centric Best for All℠
strategy is advancing a more secure, sustainable future for U. S.
Steel and its stakeholders. With a renewed emphasis on innovation,
U. S. Steel serves the automotive, construction, appliance, energy,
containers, and packaging industries with high value-added steel
products such as U. S. Steel’s proprietary XG3™ advanced
high-strength steel. The company also maintains competitively
advantaged iron ore production and has an annual raw steelmaking
capability of 22.4 million net tons. U. S. Steel is headquartered
in Pittsburgh, Pennsylvania, with world-class operations across the
United States and in Central Europe. For more information, please
visit www.ussteel.com.
“As U. S. Steel builds momentum toward our
ambitious goal of net-zero carbon emissions by 2050, the
opportunity to establish a low-carbon industrial hub in this region
is cause for optimism,” said Richard Fruehauf, Senior Vice
President, Chief Strategy & Sustainability Officer. “This
Tri-State region has incredible assets, not only a highly skilled
and experienced workforce, but also world-class universities,
national laboratories and deep-rooted industrial capabilities.”
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version on businesswire.com: https://www.businesswire.com/news/home/20220203005153/en/
MEDIA:
EQT: Bridget McNie – Director of Communications (e:
Bridget.McNie@eqt.com, p: 412-720-4500)
Equinor: Ola Morten Aanestad – Media Spokesperson (e:
oaan@equinor.com, p: +47 480 80 212)
GE Gas Power: Adam Tucker – Director, Communications (e:
Adam.Tucker@ge.com, p: 518-227-2463)
Marathon Petroleum: Jamal Kheiry – Communications Manager
(e: MediaRelations@MarathonPetroleum.com, p: 419-421-3312)
Mitsubishi Power: Christa Reichhardt – Senior Director,
Marketing Communications (e: Christa.Reichhardt@amermhi.com, p:
407-484-5599
Shell Polymers: Virginia Sanchez – Corporate Relations
(e: Virginia.Q.Sanchez@shell.com, p: 832-762-2672)
U. S. Steel: Amanda Malkowski – Lead, Media Relations (e:
almalkowski@uss.com, p: 412-736-2475)
IN-2-Market: Michael Docherty – Executive Director (e:
mdocherty@in2market.org, p: 412-275-0349)
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