National Fuel Gas Company Continues Peer Leading Sustainability Initiatives Through EO100TM and MiQ Programs
30 Outubro 2024 - 5:15PM
National Fuel Gas Midstream Company, LLC (Midstream), the Gathering
segment of National Fuel Gas Company (NYSE: NFG) (National Fuel or
the Company), has been re-verified under Equitable Origin’s EO100™
Standard for Responsible Energy Development. The re-verification
independently confirms that Midstream continues to adhere to the
performance obligations earned under Midstream’s initial EO100™
certification, achieved in 2023, while also verifying Midstream’s
commitment to the continuous improvement plan established upon
initial certification. During the re-verification process completed
in October 2024, Midstream was awarded an “A-” grade, with
Midstream recognized as the first entity in the EO100™ framework to
improve two grades following initial certification. 100% of
Midstream’s natural gas gathering system assets were subject to a
series of rigorous performance targets that fall under the five
principles of the EO100™ Standard, including corporate governance
and ethics; social impacts, human rights and community engagement;
Indigenous Peoples' rights; occupational health, safety and fair
labor standards; and environmental impacts, biodiversity and
climate change. Midstream was the first gathering or midstream
company and second National Fuel subsidiary to earn EO100™ Standard
certification, joining Seneca Resources Company, LLC (Seneca
Resources), which previously achieved certification of 100% of its
natural gas production under the EO100TM Standard in 2021.
Furthermore, Seneca Resources, NFG’s Upstream segment, announced
it has been re-certified by MiQ and was awarded an “A” grade (the
highest certification level available) for 100% of its Appalachian
natural gas production assets, which produce over 1 billion cubic
feet of gross production per day. The MiQ certification focuses on
three emissions criteria, including: methane intensity, practices
to manage methane emissions, and emissions monitoring technology
deployment.
“The EO100™ and MiQ re-certifications that Midstream and Seneca
achieved demonstrate our dedication to sustainability through our
proactive emissions reduction efforts and best practices,” said
Justin Loweth, President of Seneca Resources Company, LLC and
National Fuel Gas Midstream Company, LLC. “I am proud of the work
our team has done to not only achieve these accolades, but their
commitment to build upon these certifications, engraining these
principles and practices into our everyday culture.”
About National Fuel Gas Company:National Fuel
is a diversified energy company headquartered in Western New York
that operates an integrated collection of natural gas assets across
four business segments: Exploration and Production, Pipeline and
Storage, Gathering and Utility. Additional information about
National Fuel is available at www.nationalfuel.com.
NFG Contacts: Natalie FischerAnalyst Contact
716-857-7315
Karen Merkel Media Contact 716-857-7654
About Equitable Origin:Equitable Origin is a
non-profit organization that created the first market-based
mechanism to recognize and reward responsible energy producers and
to empower energy purchasers through independent, site-level
certification. The EO100™ Standard for Responsible Energy
Development is grounded in a set of comprehensive, globally
applicable ESG performance targets developed with extensive
stakeholder input. Certification against the EO100™ Standard
promotes best practices and drives improvements in ESG performance
while enabling a market for differentiated energy production. To
learn more visit energystandards.org.
About MiQ:MiQ is an independent not-for-profit
established by RMI and SYSTEMIQ to facilitate a rapid reduction in
methane emissions from the oil and gas sector. MiQ works with
operators across the full supply chain to provide the data needed
to understand and reduce methane emissions. To learn more visit
miq.org.
Cautionary StatementsCertain statements
contained herein, including statements identified by the use of the
words “anticipates,” “expects,” “intends,” “plans,” “predicts,”
“projects,” “believes,” “will,” “may,” and similar expressions, and
statements other than statements of historical facts, are
“forward-looking statements” as defined by the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
risks and uncertainties, which could cause actual results or
outcomes to differ materially from those expressed in the
forward-looking statements. While National Fuel’s expectations,
beliefs, and projections are expressed in good faith and are
believed to have a reasonable basis, actual results may differ
materially from those projected in forward-looking statements. In
addition to other factors, the following are important factors that
could cause actual results to differ materially from those
discussed in the forward-looking statements: (1) National Fuel’s
ability to estimate accurately the time and resources necessary to
implement new practices; (2) governmental/regulatory actions and/or
market pressures to reduce or eliminate reliance on natural gas;
and (3) the other risks and uncertainties described in (i) National
Fuel’s most recent Annual Report on Form 10-K at Item 7, MD&A,
and Quarterly Reports on Form 10-Q at Item 2, MD&A, under the
heading “Safe Harbor for Forward-Looking Statements,” and (ii) the
“Risk Factors” included in National Fuel’s most recent Annual
Report on Form 10-K at Item 1A and Quarterly Reports on Form 10-Q
at Item 1A. National Fuel disclaims any obligation to update any
forward-looking statements to reflect events or circumstances after
the date hereof. Because of these risks and uncertainties, readers
should not place undue reliance on these forward-looking statements
or use them for anything other than their intended purpose.
National Fuel Gas (NYSE:NFG)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
National Fuel Gas (NYSE:NFG)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024