Published by Todd Bush on February 7, 2023
DENVER, Feb. 6, 2023 /PRNewswire/ -- Civitas Resources, Inc. (NYSE:CIVI) ("Civitas"), Colorado's largest pure-play oil and gas producer, has adopted Iconic Air's Emissions Intelligence TM platform to support its operational emission reductions and ESG performance reporting as part of the company's near-real-time emissions management initiative. Civitas has chosen Iconic Air's technology solution to be part of its ongoing commitment to be a leading scope 1 and scope 2 carbon-neutral oil and gas producer through an intensive, continued focus on accurately measuring and reducing operational emissions coupled with a multi-year investment in certified voluntary carbon offsets.
>> In Other News: Carbon TerraVault Holdings, LLC Announces California DAC Hub Consortium to Bring Direct Air Capture and Storage to the Golden State
"Civitas is committed to environmental leadership by achieving meaningful, year-over-year operational emissions reductions," said Brian Cain, Civitas' Chief Sustainability Officer. "Our partnership with Iconic Air enables us to consistently and reliably calculate, analyze, and communicate accurate emissions run-rate data that is essential to achieving our ambitious reduction goals." Iconic Air's technology solution transforms disparate, disconnected datasets to provide Civitas a System of Intelligence for carbon and greenhouse gas emissions to inform decision makers. By using Iconic Air's Emissions IntelligenceTM platform to centralize its operational and environmental data, Civitas can leverage robust insights and transparent performance reporting to reach its sustainability goals.
"Partnering with Civitas Resources, a respected first-mover in carbon neutral oil and natural gas operations, is an exciting opportunity for Iconic Air. Civitas has made bold moves in sustainability, and we are thrilled to be part of their innovative journey," said Kyle Gillis, CEO of Iconic Air.
Civitas Resources, Inc. is Colorado's first carbon neutral oil & natural gas producer and is focused on developing and producing crude oil, natural gas and natural gas liquids in Colorado's Denver-Julesburg Basin. The Company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency. Civitas is dedicated to safety, environmental responsibility, and implementing industry-leading practices to create a positive local impact. For more information about Civitas, please visit www.civitasresources.com.
>>Read more about Civitas Resources here
Iconic Air, centered in the heart of the prolific Marcellus Shale region, is helping energy-intensive industries decarbonize faster with leading sustainability tooling. Emissions Intelligence™ enables operators to calculate, visualize, and report emissions data more robustly. Its software brings data to life enabling environmental and sustainability practitioners by assisting with auditing, reporting, forecasting, and scenario planning. Learn more at www.iconicair.io.
SOURCE Iconic Air
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💧 Vema Hydrogen Secures $13 Million to Produce Clean Hydrogen Below $1 per Kilogram 🏭 Air Liquide Could Pursue Just Two Out of Six Us Hydrogen Hubs After Trump Halts Funding 🪨 Sc...
Inside This Issue 🏭 Wood Operating Innovative Pilot Carbon Capture Plant in Wyoming 🌍 Tiktok and Two Drifters Secure Carbon Removal for Long-term Economic Gains 🌬️ Hydron Energy Receives Funding S...
Inside This Issue 🤝 Tech Titans and Energy Giants Join Forces to Transform Voluntary Carbon Markets 🌲 How Amazon Approaches Carbon Credits, a Key Tool in the Fight Against Climate Change 💰 Canada ...
Air Liquide Could Pursue Just Two Out of Six Us Hydrogen Hubs After Trump Halts Funding
Feb 21 (Reuters) – France's Air Liquide said on Friday that only two out of their six previously awarded hydrogen projects for the U.S. Department of Energy (DoE) might move forward after President...
Pall Corporation and MTR Carbon Capture Partner to Advance Carbon Capture Solutions
This collaboration is designed to help customers accelerate their decarbonization goals Integrates Pall’s advanced flue gas filtration and coalescer technology with MTR’s Polaris™ membrane system ...
Vast Reserves of Game-changing Clean Fuel May Be Hidden Under Mountain Ranges, Scientists Find
Large reserves of white hydrogen may exist within mountain ranges, according to a new study, raising hopes this clean-burning gas can be extracted and supercharge efforts to tackle the climate cris...
Scientists Discover Low-cost Way to Trap Carbon Using Common Rocks
The new process uses heat to transform common minerals into materials that permanently sequester atmospheric carbon dioxide. Stanford Chemists Develop Low-Cost Process for Permanent CO2 Removal S...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.