Sophic Capital

Last week, we attended the Pipeline Pigging and Integrity Management Conference and Exhibition (“PPIM”), the pipeline industry’s only forum devoted exclusively to maintenance, inspection, and integrity evaluation. We wanted to see the extent to which the industry was embracing machine learning to manage and protect its most valuable assets – pipelines. In this report we detail our findings, but before we dive in below is a brief summary of our last report.

In our report ESG Investment for the Petroleum and Gas Pipeline Industry, we detailed that:

Sophic Capital client OneSoft Solutions (OSS:TSXV, OSSIF:OTC) is an Environmental, Social and Governance (“ESG”) […]

Onesoft Solutions (OSS-TSXV; OSSIF-OTC) Machine Learning &Data Science to Eliminate Pipeline Failures
In our Fossil Fuels Aren’t Going Away – Not Your Typical ESG Investment report, we detailed that:

Fossil fuel demand will continue to dominate American energy consumption for at least the next 30 years;
Legacy techniques for analyzing fossil fuel pipeline infrastructure is inadequate, with an incident occurring every 1.25 days on average;
PHMSA, America’s pipeline regulator, announced new rules last October for toughening pipeline safety rules;
Environmental, Social and Governance (“ESG”) activism is a trend in the investment world (i.e. BlackRock and Microsoft ), and;
A […]

Dirty, dirty oil.  We are so past that. Renewables are all the rage – clean energy, renewable natural gas, wind and solar. Whether you are committed to or skeptical about renewable energies, you cannot deny that ESG companies are getting a lot of media headlines and bylines. For those new to ESG, it stands for “Environmental, Social and Governance”, and includes not only renewable energy companies but also firms changing their practices to affect positive environmental, social, and government changes.

Not convinced that ESG is a real trend? Major investment firms and corporations are embracing ESG: Microsoft (MSFT:NASDAQ) has said it […]