82.7 F
Houston
Friday, June 19, 2026

Home Blog Page 768

Raízen IPO aims to accelerate growth of Shell’s renewable energy joint venture in Brazil

0

“Shell is committed to Raízen as we grow our renewable energy business and our presence in Brazil and Argentina,” said Huibert Vigeveno, Shell’s Downstream Director. “This IPO should help Raízen to grow faster, enabling it to deliver more and cleaner energy to our customers. We believe this IPO is the best way to fund the strategy and provide consistent returns on investment for the joint venture partners and new investors alike.”

Raízen is a global leader in the production of first- and second-generation biofuel from sugar cane1. It is pursuing an ambitious growth strategy, as shown by the recent agreement to acquire Biosev and the integration of Shell’s lubricants business in Brazil into Raízen (both subject to deal completion), and the investment decision to expand Raízen’s second-generation biofuels production capacity. Growing Raízen will also contribute to Shell’s target to become a net-zero emissions energy business by 2050, in step with society.

The Shell-branded retail sites and lubricants business in Brazil and Argentina will continue to be managed by Raízen.

1 Raízen produces first generation ethanol from sugar cane, and it is also the only company in the world to produce second generation ethanol on a commercial scale, reusing bagasse, the fibrous by-product of sugar cane production. Second-generation biofuels such as these are Shell’s primary focus for investment and scaling up biofuels availability. Further information on Raízen’s biofuels production is available on the Raízen website.

Notes to editors

  • Under the IPO, 810,811,000 preference shares have been made available to investors, at a price of R$7.40. The IPO has raised R$6.0bn (USD $1.15bn) to fund Raízen’s growth programme.
  • Following the IPO, and subject to an over-allotment option being exercised and completion of the Biosev acquisition, Shell and Cosan’s equity stake in Raizen will be around 43.5% each, although both will continue to hold 50% of the ordinary voting stock.
  • Raízen was formed in 2011 as a joint venture between Shell and Brazilian energy company Cosan. It is an integrated energy company and leading producer of sugar cane, ethanol and bioenergy in Brazil. It has 26 production units, 860,000 hectares of cultivated agricultural land, a network of more than 7,300 Shell retail stations, 1,300 Shell Select convenience stores and more than 4,000 business customers in Brazil and Argentina. In its most recent financial year, 2020-21, Raízen produced around 2.5 billion litres of ethanol (excluding second generation cellulosic ethanol production – see below).
  • In February 2021, Raízen announced an agreement to acquire Biosev, a leading ethanol producer in Brazil (subject to deal completion). In May 2021, agreement was reached to extend the Retail Brand Licence Agreement between Shell and Raízen, under which retail sites operated by Raízen carry the Shell brand and sell Shell fuels, by 13 more years with options to extend. And in June 2021, agreement was reached for Raízen to acquire Shell’s lubricants business in Brazil (subject to deal completion), and an investment decision was taken on a new second-generation biofuels plant which is due to begin production in 2023 and will add 82 million litres of cellulosic ethanol production capacity per year to Raízen’s current 38 million litres.
  • The São Paulo Stock Exchange, now known as B3 (Brasil, Bolsa, Balcão) is one of the largest exchanges in the Americas. Over 350 companies are listed on the exchange, with a total market capitalization of around $1.08 trillion. B3 is a listed company (B3SA3) and serves as the main integrator for several indexes in the Brazilian Stock Market (Ibovespa, IBrX-50, IBrX, Itag).

Source: www.shell.com

US Department of Labor kicks off national Safe

0

The U.S. Department of Labor encourages the nation’s employers to commit to workplace safety and health and join its Occupational Safety and Health Administration in observing Safe + Sound Week, Aug. 9-15, 2021.

A nationwide event that recognizes the successes of workplace safety and health programs, Safe + Sound Week also offers information and ideas on how to keep America’s workers safe.

“Each year, millions of workers suffer job-related injuries or illnesses, and thousands die in work-related incidents. These incidents hurt workers and their families, and harm businesses as well,” said Acting Assistant Secretary of Labor for Occupational Safety and Health James Frederick. “Most importantly, effective safety and health programs save lives and prevent injuries. They also help businesses improve safety and health compliance and avoid the many costs associated with workplace safety and health incidents.”

In 2020, more than 3,400 businesses helped raise awareness about workers’ safety and health. Successful safety and health programs can identify and manage workplace hazards before they cause injury or illness, and can increase worker satisfaction, improve productivity and reduce costs associated with workplace injuries.

Participating in Safe + Sound Week is simple. Organizations of any size or in any industry looking for an opportunity to show their commitment to safety can participate. Visit the Safe + Sound website for more information, resources, and tools to help plan and promote safety events.

Source: www.osha.gov

Governor Abbott Announces Second Special Session Date & Agenda

0

Governor Greg Abbott today issued a proclamation announcing that he will convene a second special legislative session at 12:00 p.m. on August 7, 2021. The proclamation identifies 17 agenda items for the second Special Session.

“The Texas Legislature achieved a great deal during the 87th Legislative Session, and they have a responsibility to finish the work that was started,” said Governor Abbott. “I will continue to call special session after special session to reform our broken bail system, uphold election integrity, and pass other important items that Texans demand and deserve. Passing these Special Session agenda items will chart a course towards a stronger and brighter future for the Lone Star State.”

Agenda items for the second Special Session will include:

BAIL REFORM: Legislation reforming the bail system in Texas to protect the public from accused criminals who may be released on bail.

ELECTION INTEGRITY: Legislation strengthening the integrity of elections in Texas.

FEDERAL RELIEF APPROPRIATIONS: Legislation providing appropriations from unappropriated available revenues for COVID-19-related healthcare expenses, such as those listed below, taking into consideration the approximately $10.5 billion in funds received by local governments intended to be used on COVID-19 from the American Rescue Plan Act of 2021(ARPA), Pub. L. No. 117-2:

  • healthcare staffing needs, including physicians, nurses, and other medical professionals;
  • establishing, staffing, and operating alternative care sites;
  • supporting the operations of nursing homes, state supported living centers, assisted living facilities, and long-term care facilities;
  • vaccine administration;
  • testing sites;
  • supplies and equipment, such as personal protective equipment (PPE) and ventilators; and
  • standing up and operating infusion centers.

EDUCATION: Legislation providing strategies for public-school education in prekindergarten through twelfth grade during the COVID-19 pandemic, which ensures:

  • students receive a high-quality education and progress in their learning;
  • in-person learning is available for any student whose parent wants it;
  • the wearing of face coverings is not mandatory; and
  • COVID-19 vaccinations are always voluntary.

BORDER SECURITY: Legislation enhancing criminal laws or providing funding from unappropriated available revenues to support law-enforcement agencies, counties, and other strategies as part of Texas’ comprehensive border security plan.

SOCIAL MEDIA CENSORSHIP: Legislation safeguarding the freedom of speech by protecting social-media and email users from being censored based on the user’s expressed viewpoints, including by providing a legal remedy for those wrongfully excluded from a platform.

ARTICLE X FUNDING: Legislation providing appropriations from unappropriated available revenues to the Legislature and legislative agencies in Article X of the General Appropriations Act.

FAMILY VIOLENCE PREVENTION: Legislation similar to Senate Bill 1109 from the 87th Legislature, Regular Session, requiring schools to provide appropriate education to middle- and high-school students about dating violence, domestic violence, and child abuse, but that recognizes the right of parents to opt their children out of the instruction.

YOUTH SPORTS: Legislation identical to Senate Bill 29 as passed by the Texas Senate in the 87th Legislature, Regular Session, disallowing a student from competing in University Interscholastic League athletic competitions designated for the sex opposite to the student’s sex at birth.

ABORTION-INDUCING DRUGS: Legislation similar to Senate Bill 394 from the 87th Legislature, Regular Session, which prohibits people from providing abortion-inducing drugs by mail or delivery service, strengthens the laws applicable to the reporting of abortions and abortion complications, and ensures that no abortion-inducing drugs arc provided unless there is voluntary and informed consent.

THIRTEENTH CHECK: Legislation similar to House Bill 3507 from the 87th Legislature, Regular Session, relating to a “thirteenth check” or one-time supplemental payment of benefits under the Teacher Retirement System of Texas.

CRITICAL RACE THEORY: Legislation similar to House Bill 3979 concerning critical race theory as originally passed by the Texas Senate in the 87th Legislature, Regular Session.

APPROPRIATIONS: Legislation providing appropriations from unappropriated available revenues for the following purposes:

  • property-tax relief;
  • enhanced protection for the safety of children in Texas’ foster-care system by attracting and retaining private providers for the system; and
  • to better safeguard the state from potential cybersecurity threats.

PRIMARY ELECTIONS: Legislation modifying the filing periods and related election dates, including any runoffs, for primary elections held in Texas in 2022.

RADIOACTIVE WASTE: Legislation reforming the laws governing radioactive waste to protect the safety of Texans, including by further limiting the ability to store and transport high-level radioactive materials in this state.

EMPLOYMENT: Legislation shielding private employers and employees from political subdivision rules, regulations, ordinances, and other actions that require any terms of employment that exceed or conflict with federal or state law relating to any form of employment leave, hiring practices, employment benefits, or scheduling practices.

STATE LEGISLATURE: Legislation relating to legislative quorum requirements.

Source: gov.texas.gov

Ago 05 – Ago 11, 2021 | Weather

0

¡Que Onda Magazine!

El Líder del Clima.

Mantente informado.

Click on the map to view details or click here: QOHW0805

 

 

 

 

El Condado Harris eleva el codificado de colores de acuerdo al nivel de amenaza COVID-19 del condado a ‘Severo’

0

 

Image did not load.

Hoy, la juez del Condado Harris, Lina Hidalgo, actualizó el nivel de amenaza pública de COVID-19 del condado de Significativo (naranja, Nivel 2) a Severo (rojo, Nivel 1).
El nivel 1 indica un nivel “severo y descontrolado” de COVID-19, lo que significa que los brotes están empeorando, la capacidad de rastreo de contactos está limitado o excedido y es probable que aumente la atención médica. La elevación al nivel de amenaza 1, el más alto del sistema, se produce cuando una variedad de datos demuestra tendencias alarmantes y que pueden agobiar al sistema de salud local.
Se aconseja a los residentes que usen cubrebocas en situaciones adecuadas y que se vacunen. Para obtener información sobre las vacunas y las pruebas para el COVID-19, visite www.readyharris.org.
HCOHSEM proporcionará actualizaciones a través de las redes sociales y Ready Harris Alerts según sea necesario.

Houston Methodist Nurse Says 4th Wave Of COVID-19 Feels Different

0

For hospital workers, the fourth wave of COVID-19 means the fourth time they’ll be dealing with not just a surge in cases, but also heartbroken families, the death of their patients, and the resulting mental health struggles.

Houston Public Media spoke with Avery Taylor, the managing nurse at Houston Methodist’s highly infectious disease unit, about whether the current surge of infections feels different from previous ones.

What is it like in the hospital now?

You know, the first couple rounds, it was chaotic and frantic, but there was a lot of energy from health care providers. We felt like this was really meaningful work that we were doing. These people needed our help. That’s not the feeling this time around. This time around feels like we’re walking into a cave of needless suffering. These patients don’t need to be in hospital beds. We have a magic bullet and we’re not taking it.

Are you saying that because the majority of people ending up in the hospital now for COVID are unvaccinated?

Yeah, so that’s the really hard part about this. As health care providers, we’ve recommended everybody in our life get vaccinated. The statistics don’t lie — 98% of patients in Methodist hospitals right now are not vaccinated.

With you and your team of nurses, what is the general attitude in your unit now?

So general attitude is of frustration. You know, obviously, we got into health care to take care of people, we want to help people, but we’re having to do some mental gymnastics to really dig down and find our compassion right now.

I feel very committed that any patient that ends up in our beds, we are going to take care of and take care of well. But I spent Sunday at church just crying through the service because I’m so sad, and I’m so frustrated, that there are going to be people who suffer and die when they don’t have to. And I don’t know, at this point, what else to say or how to appeal to people’s emotions or their logical brains to change their minds and to get vaccinated.

I honestly was in denial. Like all of last week, even as I’ve been hiring nurses and opening the second unit, I was thinking, “Oh, it’s just a spike from Fourth of July. Surely this is not what we’re doing again.” And each day the numbers went up and went up. I guess denial is a great coping mechanism because I finally realized, “oh gosh, like we’re really doing this again.”

What are you doing to take care of yourself? What are people in your unit doing to take care of each other?

This week’s been pretty busy. I can’t say that I’ve done a very good job taking care of myself. But overall, a lot of my staff has started going to therapy, including me. It is not unusual for my staff to say something like, “well, my therapist says,” which I think is great. We’re also reading books together. We have a book — the title is “The Four Agreement.” Reading together has calmed a lot of anxiety, it’s brought us a lot of peace like it’s helped us communicate with each other better, so that’s been nice.

Even with all these efforts to normalize taking care of your mental health and talk about it, do you feel like it’s made a measurable change? Or do you feel like even that’s not enough?

It’s only enough if you use it. But I know my nurses are hurting. I know that I’m hurting. We don’t want to do this again. But I think my biggest concern is like, at what cost? And I don’t think anybody has answers for that yet. I think only time is going to tell us how many nurses end up leaving the profession. I want to think that it’s not going to be anybody, but I’m sure that that will end up happening.

Source: www.houstonpublicmedia.org

Federal Judge Temporarily Blocks Texas And Gov. Abbott From Restricting The Transportation Of Migrants

0

A federal judge in El Paso issued a temporary restraining order stopping Texas Gov. Greg Abbott from carrying out his executive order restricting migrant travel in the state.

The Department of Justice asked for a temporary restraining order to keep Abbott from using state troopers to stop vehicles suspected of transporting migrants. District Judge Kathleen Cardone granted that request on Tuesday.

A Justice Department attorney in a hearing Monday argued Texas attempted to unlawfully create its own “immigration regime.” Immigration policy is under the purview of the federal government.

Attorneys for the state told the judge that the governor’s executive order is about COVID-19 health concerns and not immigration. The temporary restraining order is in effect until August 13, and the judge may extend it.

“The Court’s recent order is temporary and based on limited evidence,” Abbott’s office said in a statement Tuesday. “We look forward to providing the Court with the evidence to support the Governor’s Executive Order to protect Texans.”

The case comes amid a resurgence of the coronavirus with the spread of the Delta variant. The Abbott administration has restrained Texas communities from instituting mask or vaccine mandates while focusing his COVID rhetoric on the border region.

There were more than 188,000 attempted crossings from Mexico into the U.S. in June, the highest in a decade.

Abbott has said that he thinks the federal government was doing a better job of securing the border under former President Donald Trump, so he had Texas step in earlier this year to bolster the response.

Former President Donald Trump, left, Texas Lt. Gov. Dan Patrick, center, and Texas Gov. Greg Abbott, right, visit an unfinished section of a border wall, in Pharr, Texas, Wednesday, June 30, 2021.

In May, he issued a disaster declaration because, he said, illegal crossings “posed an ongoing and imminent threat of disaster.”

Weeks later, he announced he would continue to build the border wall that Trump made central to his presidency. But Abbott went a step further, saying that he would arrest as many people as possible who cross by charging them with state crimes like trespassing and vandalism.

Last week, Abbott ordered the Texas National Guard to begin assisting state troopers with those arrests.

Immigrant rights activists said Abbott’s latest order directing state troopers to stop any vehicles suspected of transporting migrants — which is now temporarily paralyzed by Tuesday’s restraining order — is illegal for a number of reasons, including the fact that it invites racial profiling.

“The state of Texas is using state jails to incarcerate immigration violators, arresting people, immigrants, under the theory of trespass … These are very, very problematic. And I would say, It invites a constitutional catastrophe,” said Geoffrey Hoffman, director of the University of Houston’s immigration clinic.

Hoffman recently published a piece for the Yale Journal on Regulation listing the limitations of state immigration enforcement activities. He noted that Arizona tried to pass state laws turning federal immigration law into state violations in 2012. They lost more than they won. Texas’ attempts to incrementally usurp federal authority, he said, also likely won’t work.

“The issue there in Arizona was that immigration enforcement is exclusively a federal matter. It’s not for the states to do,” he explained.

Michael Greenberger at the University of Maryland said Texas is a little different than Arizona, since the state is using existing laws.

“I think he would have an argument that he’s protecting the sovereignty of the state’s borders, by having people who are not allowed to come into the state,” Greenberger said.

He explained that the problem is that despite Abbott threading the needle in some ways to frame it in state law terms, the governor is constantly arguing in interviews that Texas is enforcing federal law because the Biden administration can’t — that sounds a lot like the Arizona case. And those comments would all be admissible in court.

“The temporary halt is really important because it’s a clear recognition of the legality of this order. And as the case progresses, it’s a signal as to where the judge is standing and what they’re looking at, based on the law in front of them,” said Rochelle Garza, a civil rights attorney. “So ultimately, we can expect that the executive order will be struck down as unconstitutional.”

Source: www.houstonpublicmedia.org

Southwest Houston Gas Leak Cleared

0

Houston firefighters and CenterPoint officials responded to a natural gas leak caused by a broken underground pipe in Southwest Houston.

The three-inch pipe was broken by an excavator while construction was underway on S. Shepherd Drive near U.S. 59, according to the fire department.

Multiple HFD crews, including HFD Hazmat, responded at 8:47 a.m. Wednesday morning. The hazmat team is currently monitoring air quality in the area.

Officials did not implement a shelter-in-place, but the fire department advised residents to avoid the area. There have been no reported injuries, according to HFD.

The situation was declared mitigated by the fire department at around 1:10 p.m. Wednesday afternoon.

The fire department said nearby freeway lanes would reopen, but the southbound feeder road at Shepherd would remain closed for repairs.

In an email, a spokesperson for CenterPoint Energy said the company was aware of the gas leak and was on site with first responders.

“CenterPoint Energy is aware of a hit natural gas line on S. Shephard and U.S. 59 that is causing a natural gas leak,” the email read. “At CenterPoint Energy, safety is our top priority and our crews are on site working with first responders to secure the area. We appreciate our customers’ patience and apologize for any inconvenience.”

Source: www.houstonpublicmedia.org

RRC Commissioners Assess More Than $620,000 in Penalties

0

The Railroad Commission of Texas assessed $621,604 in fines involving 151 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety.

Ten dockets involved $238,895 in penalties after operators failed to appear at Commission enforcement proceedings. Master Default Orders can be found on the RRC Hearings Division webpage.

Operators were ordered to come into compliance with Commission rules and assessed $74,459 for oil and gas, LP-Gas, or pipeline safety rule violations. Pipeline operators and excavators were assessed $308,250 for violations of the Commission’s Pipeline Damage Prevention rules. Master Agreed Orders can be found on the RRC General Counsel webpage.

In the absence of timely motions for rehearing, decisions are final as stated in these final orders.

Source: www.rrc.texas.gov

Libra Consortium takes final investment decision on Mero-4 FPSO in Brazilian pre-salt

0

Shell Brasil Petróleo Ltda. (Shell Brasil) announced today a final investment decision taken by the Libra consortium, operated by Petrobras, to contract the Mero-4 floating production, storage, and offloading (FPSO) vessel to be deployed at the Mero field in the Santos Basin offshore Brazil.

This is the fourth production system to be deployed in the Mero field. Final investment decisions were previously taken for the Mero 1, Mero 2, and Mero 3 FPSOs. Each unit has a daily operational capacity rate of 180,000 barrels of oil/day. The Pioneiro de Libra FPSO (50,000 barrels of oil/day) has been producing at Mero since 2017 and is a key source of information for the Libra consortium to aid further development and optimize the productivity of the field, reservoir, and wells.

“As a replication of previous FPSOs for the Brazilian pre-salt, Mero-4 is a testimony to the way the Libra Consortium partners are working together in an integrated way to streamline and make our processes more efficient,” said Wael Sawan, Upstream Director, Royal Dutch Shell. “We are proud to continue working alongside our partners to leverage our collective expertise to develop the country’s resources in a competitive and responsible manner.”

Shell’s Powering Progress strategy to thrive through the energy transition includes increasing investment in lower-carbon energy solutions while continuing to pursue the most energy-efficient and highest return Upstream investments. In addition to its operations in Brazil, Shell is also the leading operator in the U.S. Gulf of Mexico.

Source: www.shell.com