A number of companies have officially announced their plans to discuss the future with their investment community at the upcoming conference. Photo courtesy of jpmorgan.com.

Tomorrow, leading companies from around the globe will share their 2024 financial outlook at the J.P. Morgan Energy, Power, and Renewables Conference. Although Houston is best known as the Oil and Gas capital of the world, the city presents strongly at this broader financial showcase of companies spanning the entire energy value chain, with numerous presentations originating from Houston-based organizations.

Baker Hughes Company, Crestwood Equity Partners, EOG Resources, Excelerate Energy, HESS Corporation, Oceaneering International, and TechnipFMC are just a few of the companies that have officially announced their plans to discuss the future with their investment community at the event.

In advance of the event, Bristow, a leader in offshore helicopter and search-and-rescue services around the world headquartered in Houston, released investor guidance for the coming year and made available the accompanying investor presentation for preview before their speaking spot slated for 4:30 PM ET on Wednesday, June 21, 2023.

Embedded in small print on the information-rich slide entitled, “ESG Highlights,” the company highlights continued efforts to embrace electric vertical take-off and landing vehicle (eVTOL) and electric short take-off and landing vehicle (eSTOL) investment. To date, the company counts seven partnerships in this space – all amassed over the last 18 months.

eVTOL and eSTOL aircraft, touted as more efficient and faster than ground vehicles, could change the landscape for short-distance travel for a variety of industries, ranging from delivery services of both products and personnel to local commuting. (Perhaps the family vehicle depicted in Hanna-Barbera’s futuristic cartoon from the sixties, The Jetsons, isn’t that far off, after all.)

Will any of the stars of this week’s Paris Air Mobility conference, like the newly emerged MagLev Aero, recently acquired Wisk Aero, or very busy Eve Air Mobility, be counted amongst Bristow’s latest partnerships? Tune in tomorrow to the lower-carbon livestream option to find out.

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This article originally referenced Crestwood Energy Partners. The information has been corrected above.

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Houston launches Google-backed tool to address urban tree cover disparities

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The oldest national nonprofit conservation organization in the U.S American Forests has launched the Houston Tree Equity Score Analyzer, which was developed through local nonprofit Trees For Houston and local stakeholders from local government, environmental groups and the public health sector, and supported by Google’s philanthropic arm Google.org with a $450,000 grant.

To mark the launch, Trees For Houston and American Forest celebrated the partnership and worked to plant 50 trees at Shadydale Elementary in Northeast Houston on December 6.

“This marks a significant milestone for Houston's urban forestry efforts,” says Texas State Representative Senfronia Thompson at the December 6 event. “This effort goes beyond simply planting trees—it’s about creating the foundation for a greener, more inclusive future for our community. By uniting diverse resources and partners, including American Forests, Google.org and Trees For Houston, we’re showcasing a powerful dedication to enhancing the environmental well-being and quality of life in our urban areas.”

How the analyzer works is it provides auto-generated data on the impact of tree cover alongside demographic data, land use, poverty and other socioeconomic factors to assist with guide planning and investments to grow tree cover. The Houston Tree Equity Analyzer found that Shadydale Elementary has just 9 percent tree canopy coverage, which falls short of the 30 percent canopy goal for the area. The planting will increase the canopy by 6 percent according to a news release. According to American Forests, nearly 80 percent of urban neighborhoods in the United States have inadequate tree cover.

“The Tree Equity Score Analyzer enables communities to take a human-centered, data-driven approach to developing actionable tree planting and protection plans, ensuring they are focusing on areas that need them most, like Shadydale Elementary School,” said Vice President of GIS and Data Science at American Forests Chris David said in a news release.

American Forests is aiming to assist with at least 100 cities to make progress on Tree Equity by 2030. American Forests helped to unlock $1.5 billion, which was the nation’s largest federal investment in urban forestry in the Inflation Reduction Act of 2022.

“We look forward to working with our partners in Houston to continue to grow equitable tree cover in the community with data-driven approaches and action,” David says in a news release.

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This Houston innovator's innovative corrosion detection tech is vital to the future of energy

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Houston-based Corrolytics approach is to help revolutionize and digitize microbial corrosion detection — both to improves efficiency and operational cost for industrial companies, but also to move the needle on a cleaner future for the energy industry.

"We are having an energy transition — that is a given. As we are bringing new energy, there will be growth of infrastructure to them. Every single path for the energy transition, corrosion will play a primary role as well," Anwar Sadek, co-founder and CEO of Corrolytics, says on the Houston Innovators Podcast.

The technology Sadek and his team have created is a tool to detect microbial corrosion — a major problem for industrial businesses, especially within the energy sector. Sadek describes the product as being similar to a testing hit a patient would use at home or in a clinic setting to decipher their current ailments.



Users of the Corrolytics test kit can input their pipeline sample in the field and receive results via Corrolytics software platform.

"This technology, most importantly, is noninvasive. It does not have to be installed into any pipelines or assets that the company currently has," Sadek explains. "To actually use it, you don't have to introduce new techniques or new processes in the current operations. It's a stand-alone, portable device."

Corrolytics hopes to work with new energies from the beginning to used the data they've collected to prevent corrosion in new facilities. However, the company's technology is already making an impact.

"Every year, there is about 1.2 gigaton of carbon footprint a year that is released into the environment that is associated with replacing corroded steel in general industries," Sadek says. "With Corrolytics, (industrial companies) have the ability to extend the life of their current infrastructure."

Despite having success in taking his technology from lab to commercialization, Sadek made the strategic decision to move his company, Corrolytics, from where it was founded in Ohio to Houston.

"Houston is the energy capital of the world. For the technology we are developing, it is the most strategic move for us to be in this ecosystem and in this city where all the energy companies are, where all the investors in the energy space are — and things are moving really fast in Houston in terms of energy transition and developing the current infrastructure," Sadek says.

And as big as a move as it was, it was worth it, Sadek says.

"It's been only a year that we've been here, but we've made the most developments, the most outreach to clients in this one last year."

Sadek says his move to Houston has already paid off, and he cites one of the company's big wins was at the 2024 Houston Innovation Awards, where Corrolytics won two awards.

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This article originally ran on InnovationMap.