Solaris Oilfield Infrastructure (SOI) provides supply chain management and logistics solutions to the energy industry, including mobile and permanent infrastructure that increases proppant throughput capacity.
Although it has initiated dividend payment recently, which signals the management’s ability to increase shareholders’ return, the sustainability of such program would depend on the company’s ability to generate FCF on a more consistent basis.
Solaris’ standard Solaris Mobile Proppant Management System has 2.5 million pounds of vertical proppant storage capacity.
Canada’s Minister of Fisheries, Oceans and the Canadian Coast Guard, Sean Casey, will make an important announcement on March 18th concerning funding provided to international organizations to protect Canadian waters from oil spills, the Canadian federal government said on Friday.
Canada has a so-called Marine Oil Spill Preparedness and Response Regime.
Under Canada’s US$1.1 billion (C$1.5 billion) Oceans Protection Plan, more than US$34 million (C$45 million) is invested in collaborative research initiatives expected to lead to collaboration among oil spill researchers across Canada and around the world.
Digitisation of land records and online processes have reduced the time taken for notification for land acquisition to only “two” days against earlier norm of nearly 3-4 months.
Since the launch of BhoomiRashi system in April, which has digitised procedures for land procurement, the highways ministry has issued notifications for acquiring more than 26,000 hectares till January as compared to barely 10,000 during the entire 2017-18.
Against the usual trend of NHAI and the ministry issuing 1,000 notifications annually for land acquisition, in 10 months more than 2,500 notifications were issued because of the online system.