KHALAF: WE REFUSE TO SUCCUMB TO THE OUTSIDE

MP Melhem Khalaf called on “the deputies entrusted with the constitution to hasten in electing a president for the republic, as the responsibility lies upon the 128 deputies,” rejecting the equation of “submission to the outside.” Khalaf questioned via “Voice of All Lebanon” Radio Channel, “Why do those concerned accept the presidential and governmental vacuum and the suspension of parliament?”

Source: National News Agency – Lebanon

A new 4.7-magnitude earthquake hits Kahramanmara?, southern Turkey

A new earthquake measuring 4.7 degrees struck at dawn today, Saturday, Kahramanmaras, southern Turkey.

The Turkish Disaster and Emergency Management Agency (AFAD) stated in a statement that the earthquake occurred at 04:55 local time, and its epicenter was in Gokson district, and its depth was 7 km underground.

In its statement, the Turkish Disaster Management Department did not mention any information about whether there were any loss of life or property.

Source: National Iraqi News Agency

The Presidency of the House of Representatives holds a meeting to discuss the most important laws presented in the committees

The Presidency of the House of Representatives held a meeting chaired by Parliament Speaker Muhammad Al-Halbousi, and in the presence of the First Vice-President of the Council, Mohsen Al-Mandalawi, and the Deputy Speaker of the Council, Shakhwan Abdullah.

A statement by the Office of the Speaker of the House of Representatives stated that during the meeting, a number of issues related to the work of the Parliament were discussed, the most important laws presented in the committees, and an emphasis on the importance of its legislation during the coming period, including the federal general budget law, and other important laws related to many sectors such as investment, economy, agriculture and security and social care, in addition to the ratification and approval of the agreements requested by the government.

Source: National Iraqi News Agency

Industry Minister pays inspection visit to permanent farmers’ market in Hoorat A’ali

Industry and Commerce Minister, Abdulla bin Adel Fakhro, has lauded the support of Her Royal Highness Princess Sabeeka bint Ibrahim Al Khalifa, Wife of His Majesty the King and National Initiative for Agricultural Development (NIAD) Consultative Council President, for establishing a permanent market for Bahraini farmers as a platform to encourage and promote local products.

The minister made the statements while paying an inspection visit to the permanent farmers’ market in Hoorat A’ali, accompanied by officials from the Industry and Commerce Ministry and those of the Municipalities Affairs and Agriculture Ministry.

The was briefed about the projects presented by merchants in the permanent farmers’ market, stressing the government’s keenness to follow up on all issues related to the commercial sector and continue stimulating an economic and commercial environment that encourages growth, expansion and investment, as part of the ongoing efforts to follow up on developments in the markets, and be informed about the needs of merchants.

Source: Bahrain News Agency

LMRA, NPRA, Muharraq Police Directorate conduct joint inspection campaign

The Labour Market Regulatory Authority (LMRA) conducted a joint inspection campaign in the Muharraq Governorate, in coordination with the Nationality, Passports and Residence Affairs (NPRA) of the Ministry of Interior and the Governorate’s respective Police Directorate.

The campaign resulted in reporting violations related to the Labour Market and Residency laws. The cases were referred for legal action.

LMRA stressed its commitment to report any violation through a continuous and intensive inspection plan, in coordination with the relevant government entities.

The Labour Market Regulatory Authority renewed its call on all members of the society to support the efforts of government agencies in addressing illegal labour practices by reporting violations via the electronic form on LMRA’s website www.lmra.gov.bh or by calling the authority’s call centre on 17506055.

Source: Bahrain News Agency

Khalid bin Hamad praises athlete’s achievement

First Deputy Chairman of the Supreme Council for Youth and Sports (SCYS), President of the General Sport Authority (GSA), President of Bahrain Olympic Committee (BOC), His Highness Shaikh Khalid bin Hamad Al Khalifa, praised the achievement of runner Leila Kamal, from the Faisal bin Khalid Athletics Academy, who won gold in the 100-metre women’s race in the 5th Asian Junior Athletics Championship, in Uzbekistan.

Dubbed the fastest Asian woman, HH Shaikh Khalid bin Hamad Al Khalifa, commended the accomplishment as the outcome of the generous support of His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to the sport sector. He lauded the prominent role and efforts of the Representative of His Majesty the King for Humanitarian Work and Youth Affairs, SCYS Chairman, His Highness Shaikh Nasser bin Hamad Al Khalifa. He also noted the remarkable role of Bahrain Athletics Association, under the chairmanship of Mohammed Abdellatif Fahad bin Jalal, in developing the national teams.

HH Shaikh Khalid bin Hamad Al Khalifa commended the outstanding performance of runner Leila Kamal who was able to clinch the first place and become the fastest female runner in the Asian continent. He took pride in the efforts of the association and the technical and administrative staff of the Faisal bin Khalid Athletics Academy who paved the way for a new champion.

Leila Kamal finished the 100-metre women’s race in first place clocking 11:77 seconds.

Source: Bahrain News Agency

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages GWG Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GWGHQ

NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GWG Holdings, Inc. L Bonds or Preferred Stock of GWG (“GWG securities”) (OTC: GWGHQ) between December 23, 2017 and April 20, 2022, both dates inclusive (the “Class Period”), of the important June 2, 2023 lead plaintiff deadline.

SO WHAT: If you purchased GWG securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 2, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) they intended to misappropriate GWG assets; (2) GWG’s life insurance investment business had failed; and (3) GWG could only repay prior investors by issuing increasing amounts of securities to new investors. In essence, defendants had turned GWG into a Ponzi scheme. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the GWG class action, go to https://rosenlegal.com/submit-form/?case_id=14048 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8828187

FRC INVESTOR NEWS: ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages First Republic Bank Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – FRC

NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of First Republic Bank (NYSE: FRC) between January 14, 2021 and March 14, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2023.

SO WHAT: If you purchased First Republic securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants: (1) misrepresented the strength of the Company’s balance sheet and liquidity position; (2) understated the significant pressure rising interest rates posed to First Republic’s business model; (3) misrepresented the strength of the Company’s ability to deliver consistent results across different interest rate environments; (4) misrepresented the diversity of the Company’s deposit funding base; and (5) misrepresented the Company’s ability to generate NII growth and maintain stable NIM. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the First Republic class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8828185

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Eqonex Limited f/k/a Diginex Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – EQOSQ

NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Eqonex Limited f/k/a Diginex Limited (OTC: EQOSQ) securities between March 7, 2022 and November 29, 2022, both dates inclusive (the “Class Period”) and/or unregistered EQO securities between April 8, 2021 and April 20, 2023 (the “Unregistered Securities Class Period”) (collectively, the “Classes”), of the important June 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Eqonex registered and/or unregistered securities during the Class Periods you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Eqonex class action, go to https://rosenlegal.com/submit-form/?case_id=15304 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) defendants were not interested in leveraging the Exchange or deploying resources to strengthen that technology; (2) Eqonex had no way of paying Bifinity back pursuant to the Loan Agreement; (3) defendants had no intention of consummating a merger between Eqonex and Bifinity or Binance; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Eqonex class action, go to https://rosenlegal.com/submit-form/?case_id=15304 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8828149

FIS IMPORTANT DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Fidelity National Information Services, Inc. Investors with Losses to Secure Counsel Before Important May 5 Deadline in Securities Class Action – FIS

NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Fidelity National Information Services, Inc. (NYSE: FIS) between February 9, 2021 and February 10, 2023, both dates inclusive (the “Class Period”), of the important May 5, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Fidelity National securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Fidelity National class action, go to https://rosenlegal.com/submit-form/?case_id=12773 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the integration of Worldpay with the Fidelity National Merchant Solutions business was not ahead of schedule; (2) the integration of Worldpay with the Fidelity National Merchant Solutions business was not successfully completed during the Class Period; (3) the increases in revenue synergies were not driven by the Worldpay integration; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Fidelity National class action, go to https://rosenlegal.com/submit-form/?case_id=12773 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8828143

Government of Alberta invests in CCS knowledge sharing hub to advance carbon capture and storage projects across Canada and around the world

Hub initiative demonstrates leadership in climate action by identifying best practices and pathways to bring CCUS projects to life

Regina, Sask. and Calgary, Alta., April 27, 2023 (GLOBE NEWSWIRE) — The world’s first open-source repository of knowledge and information about the development of carbon capture and storage (CCS/CCUS) projects will be established by the International CCS Knowledge Centre (Knowledge Centre) with foundational support from the Government of Alberta.

As a key action item included in Alberta’s Emissions Reduction and Energy Development Plan released April 19, 2023, the Government of Alberta is providing $3 million for the creation of a national CCS knowledge sharing hub that will be an important tool for Canada to meet its ambitious targets for reducing greenhouse gas emissions. The mandate of the CCS knowledge sharing hub will be to collect and curate best practices and lessons learned from Canadian CCS projects past, present and future – drawing on knowledge from as many projects as possible from initial planning and feasibility studies, through to construction and ongoing operations – to enhance the success of CCS projects and promote continuous learning and improvement in CCS technology. Expansion of CCS is also a crucial step for creating and maintaining vital jobs in all heavy emitting sectors provincially and nationally in such areas as cement, iron and steel, power generation, petrochemicals, fertilizer, and oil and gas.

“Bringing large-scale CCS projects to life at the speed and scale that is required to reach net-zero emissions by 2050 requires unprecedented collaboration between industry, government, academia and other partners. The most effective way of reducing risk, lowering costs and improving performance of these multi-billion-dollar infrastructure projects is to share our proven expertise and apply the experience gained across heavy-emitting industries in order to build a sustainable future for all,” said James Millar, president and chief executive officer of the International CCS Knowledge Centre.

“We are very grateful to the Government of Alberta for stepping up with this critical support, allowing us to launch the CCS knowledge sharing hub and ensure lessons learned from dozens of CCS projects planned across Canada are documented and made available to anyone who can benefit from them,” Millar added. “I would be remiss in not singling out the strong leadership of Environment and Protected Areas Minister Sonya Savage in helping to ensure this initiative moves forward.”

“Carbon capture and storage is a critical part of Alberta’s path to achieving a net-zero economy. With projects such as the Quest CCS facility operated by Shell Canada, and the Alberta Carbon Trunk Line, we have led the world in developing CCUS facilities and proving the capability of this technology to drastically cut CO2 emissions from the industries that are the bedrock of our economy and are the lifeblood of our communities. We look forward to working with the Knowledge Centre to ensure that Alberta and Canada remain at the forefront and capture the enormous opportunities that are before us as the world undertakes an aggressive expansion of CCS to curb rising emissions and address climate change,” said Alberta’s Minister of Environment and Protected Areas Sonya Savage.

The CCS knowledge sharing hub will be developed and operated by the International CCS Knowledge Centre to assess and identify best practices and frameworks to get CCS projects to final investment decision. Key to the initiative’s long-term success will be coordination and proactive promotion of the sharing of knowledge on CCS gathered from companies large and small to ensure the timely and efficient transfer of CCS best practices across Alberta, Canada and the globe – outcomes where industry and government jointly benefit. Sharing critical information on the development of projects from study stage into operation will greatly increase the transfer of crucial learnings, leading to better outcomes and inevitably a greater level of CO2 emission reductions in Canada.

At a global level, the world can’t afford not to pursue large-scale CCS as a key tool for meeting international climate commitments. The International Energy Agency and the UN’s Intergovernmental Panel on Climate Change (IPCC) have concluded a massive investment in large-scale CCS is required in order to achieve the emissions reductions needed to meet the Paris Agreement goal of limiting global warming to 2ºC. The IPCC’s Fifth Assessment Synthesis Report Summary for Policy Makers forecast that the cost of climate mitigation would increase by 138 per cent without the application of CCS technologies.

Background:

The International CCS Knowledge Centre provides independent consultation and technical advisory services on large-scale CCS projects around the world, including a number of Alberta companies pursuing CCS projects as part of their long-term sustainability plans, including:

  • Completing the feasibility study (with funding provided by Emissions Reduction Alberta) and supporting front-end engineering and design (FEED) planning for the world’s first full-scale CCS facility on a cement plant at Heidelberg Materials’ Edmonton plant.
  • Supporting early-stage engineering work on CCS projects planned by several members of the Pathways Alliance, a coalition of the six largest oil sands producers that is planning to invest more than $24 billion in CCS and other emissions reduction technologies by the end of the decade in order to reach net zero emissions by 2050.
  • Partnering with Emissions Reduction Alberta (ERA) to provide successful applicants of the ERA’s Carbon Capture Kickstart with up to 200 hours of support on their pre-construction design and engineering studies for carbon capture utilization and storage (CCUS) projects, with funding provided by ERA. The 11 successful projects represent an estimated $20 billion in capital expenditures in a wide range of industrial sectors, including power generation, cement, fertilizer, forest products and oil and gas.

About the International CCS Knowledge Centre
The International CCS Knowledge Centre is a non-profit organization founded in 2016 by BHP and SaskPower to advance large-scale carbon capture and storage (CCS) projects as a critical means of managing greenhouse gas emissions and achieving the world’s ambitious climate goals.

The Knowledge Centre provides independent, expert advisory services for CCS projects across heavy-emitting industries based on our team’s unique experience developing the world’s first fully integrated post-combustion CCS facility on a coal-fired power plant. We have a proven track record of helping our clients lower costs, reduce risk and improve the performance of CCS projects across industries and technology platforms using the latest knowledge and lessons learned from major projects across the globe.

We also provide input to policy development and promote broad collaboration between stakeholders to enhance understanding of the critical role CCS plays in global decarbonization efforts and accelerate the deployment of new CCS projects around the world.

Learn more at ccsknowledge.com

Grady Semmens
International CCS Knowledge Centre
4032452667
gsemmens@ccsknowledge.com

GlobeNewswire Distribution ID 8827721