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Alvopetro Announces Inaugural Sustainability Report, July 2022 Sales Volumes, & Operational Update
Alvopetro Announces Inaugural Sustainability Report, July 2022 Sales Volumes, & Opera...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n \n \n \n Alvopetro Announces Inaugural Sustainability Report, July 2022 Sales Volumes, & Operational Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Alvopetro Announces Inaugural Sustainability Report, July 2022 Sales Volumes, & Operational Update\n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Aug. 4, 2022\n \n \n /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our inaugural sustainability report for the year-ended\n \n December 31, 2021\n \n , July sales volumes and an operational update.\n \n \n \n Inaugural Sustainability Report\n \n \n \n We are pleased to present our inaugural 2021 Sustainability Report (the \"Report\"), highlighting the operational milestones achieved through the development of our Caburé project and outlining Alvopetro's approach to environmental, social and governance (\"ESG\") practices. The Report was approved by the Company's Board of Directors and provides stakeholders insight into our environmental stewardship, community involvement and corporate governance practices. A full copy of the Report can be found on our website at\n \n https://alvopetro.com/Sustainability\n \n .\n \n \n \n Corey Ruttan\n \n , President and Chief Executive Officer, commented: \"Our goal while developing this sustainability report was to create transparency on how we manage our business objectives focused on innovation, business strength and our approach to sustainability by; responsibly supplying energy, strengthening communities and our workforce, and minimizing our impact.\"\n \n \n 2021 ESG highlights included:\n \n \n \n Alvopetro's locally produced natural gas resulted in average savings of 48% for consumers relative to imported LNG and 53% lower GHG emissions relative to fuel oil;\n \n \n 100% of produced water reinjected;\n \n \n Scope 1 & 2 emissions intensity of 4.7 kg CO\n \n 2\n \n e per boe;\n \n \n 65% less vegetation removed than allowed in our permit during the construction of our Murucututu pipeline extension;\n \n \n 75 jobs created during Murucututu pipeline construct...