Latest news with #DigitalStrategy
Business Wire
23-04-2025
- Business
- Business Wire
Last Mile Production, LLC Achieves 300% Production Growth and 70% Emissions Reduction with Enovate AI
HOUSTON--(BUSINESS WIRE)-- Last Mile Production, LLC, a forward-thinking independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI's 3-Clicks Digital Strategy in collaboration with B4ECarbon™, the emissions management platform developed by Blockchain for Energy. The pilot initiative led to a 300% increase in oil production and a 70% reduction in emissions, while also enabling the issuance and capitalization of high-integrity carbon credits —all achieved beyond the thresholds of domestic and international compliance standards. At the heart of this success is Enovate AI's 3-Clicks Digital Strategy, a next-generation framework that combines automation, optimization, and decarbonization. By integrating cutting-edge technologies including AI, IoT, and blockchain, Last Mile has redefined how production and emissions data are captured, analyzed, and acted upon. The result: real-time operational insights, AI-driven leak detection, predictive asset management, and agile resource deployment. 'With the 3-Clicks strategy, we're not only optimizing production—we're maximizing asset value through tech-driven retirement planning, asset performance optimization, and monetizing environmental performance,' said Zach Wagner, Owner of Last Mile Production. Pushing beyond compliance, Last Mile implemented an advanced Leak Detection and Repair (LDAR) strategy aligned with the OGMP Level 5 Gold Standard. This replaced manual, periodic inspections with continuous sensor-based monitoring—providing enhanced leak detection, faster mitigation, and inclusion of previously unregulated assets. Using B4ECarbon™, these verifiable emissions reductions translate into market-ready carbon offsets. 'We're setting a new standard in energy—where performance, sustainability, and compliance go hand in hand. Last Mile demonstrates what's possible when AI, IoT, and blockchain converge: smarter operations, responsible practices, and measurable impact. This is the future of energy,' said Camilo Mejia, CEO of Enovate AI. 'At B4ECarbon, our priority is enabling energy operators to turn emissions data into strategic advantage. By delivering verifiable, blockchain-backed emissions intelligence, we help organizations like Last Mile move beyond compliance—toward operational excellence, market credibility, and environmental integrity. This is how the energy industry builds trust, unlocks new value, and drives real transformation,' said Rebecca Hofmann, CEO of B4ECarbon LLC. Last Mile's pioneering efforts are sparking momentum among other West Texas operators, many of whom are now adopting the 3-Clicks strategy. Drawn by the promise of measurable ROI, sustainable operations, and elevated asset valuation, they are joining a growing movement toward digital, data-driven energy transformation. About Last Mile Production, LLC Last Mile Production, LLC is a leading oil & gas operator in West Texas, committed to minimizing environmental impact through innovative practices. By integrating cutting-edge technologies, Last Mile optimizes resource management, reduces emissions, and plays an active role in the global energy transition. Last Mile Production About Enovate AI Enovate AI is an energy innovation company transforming how operators optimize performance and monetize sustainability. Its 3-Clicks Digital Strategy fuses automation, AI, IoT, and blockchain to deliver integrated solutions for asset optimization, emissions reduction, and responsible retirement planning. Enovate AI helps energy leaders accelerate digital transformation with measurable results. About B4ECarbon B4ECarbon™, a solution developed by Blockchain for Energy, delivers advanced emissions management for the global energy industry. By integrating blockchain, AI, and IoT, B4ECarbon enables energy companies to generate verifiable emissions data, exceed compliance, and create trusted, high-integrity carbon offsets. The platform empowers users to meet today's sustainability demands while unlocking new environmental and economic value. B4ECarbon - Blockchain For Energy
Mid East Info
05-03-2025
- Business
- Mid East Info
Joint Workshop held by the Federal Tax Authority and Microsoft on 'Accelerating Innovation with AI' - Middle East Business News and Information
As part of its participation in UAE Innovation Month 2025, that took place in February, the Federal Tax Authority (FTA) held a joint workshop on 'Accelerating Innovation with AI' in collaboration with Microsoft, a global leader in computing technologies and the world's largest software maker. The workshop was attended by Abdulla Al Bastaki, Executive Director of the Information Technology Sector, Chief Executive Officer of Artificial Intelligence, along with several FTA employees and AI specialists from Microsoft, with the initiative aligned with the FTA's strategic plans to strengthen partnerships with leading institutions and technological companies specialising in IT and artificial intelligence (AI). Such collaborations are part of the FTA's alignment with the objectives of the UAE Strategy for Artificial Intelligence and the FTA Digital Strategy, by expanding its integration of AI technologies. The use of AI will provide for more seamless and proactive digital services, as well as introducing innovative models that reflect the excellence and leadership of government operations. Additionally, the FTA has stated that it aims to meet customer expectations while enhancing efficiency, cost-effectiveness, and real-time processing. The joint workshop further highlighted AI's role in enhancing communication between data systems within an innovation-driven institutional environment and how it improves operational processes, ensuring the quality and efficiency of tax services in accordance with global best practices. The workshop also showcased the latest innovative technologies aimed at enhancing operational efficiency and improving customer experience. Among these were Generative AI applications and various tools that effectively contribute to boosting productivity and strengthening institutional performance. During the workshop session, demonstrations were presented on cloud solutions for modern services and technical capabilities, all of which contribute to strengthening existing legacy systems, while offering a more resilient future-ready infrastructure. All such advancements enhance the FTA's ability to adapt to evolving industry demands while ensuring the sustainability of its services at the highest levels of efficiency.
Zawya
05-03-2025
- Business
- Zawya
Joint workshop held by the Federal Tax Authority and Microsoft on "Accelerating Innovation with AI"
Dubai: As part of its participation in UAE Innovation Month 2025, that took place in February, the Federal Tax Authority (FTA) held a joint workshop on "Accelerating Innovation with AI" in collaboration with Microsoft, a global leader in computing technologies and the world's largest software maker. The workshop was attended by Abdulla Al Bastaki, Executive Director of the Information Technology Sector, Chief Executive Officer of Artificial Intelligence, along with several FTA employees and AI specialists from Microsoft, with the initiative aligned with the FTA's strategic plans to strengthen partnerships with leading institutions and technological companies specialising in IT and artificial intelligence (AI). Such collaborations are part of the FTA's alignment with the objectives of the UAE Strategy for Artificial Intelligence and the FTA Digital Strategy, by expanding its integration of AI technologies. The use of AI will provide for more seamless and proactive digital services, as well as introducing innovative models that reflect the excellence and leadership of government operations. Additionally, the FTA has stated that it aims to meet customer expectations while enhancing efficiency, cost-effectiveness, and real-time processing. The joint workshop further highlighted AI's role in enhancing communication between data systems within an innovation-driven institutional environment and how it improves operational processes, ensuring the quality and efficiency of tax services in accordance with global best practices. The workshop also showcased the latest innovative technologies aimed at enhancing operational efficiency and improving customer experience. Among these were Generative AI applications and various tools that effectively contribute to boosting productivity and strengthening institutional performance. During the workshop session, demonstrations were presented on cloud solutions for modern services and technical capabilities, all of which contribute to strengthening existing legacy systems, while offering a more resilient future-ready infrastructure. All such advancements enhance the FTA's ability to adapt to evolving industry demands while ensuring the sustainability of its services at the highest levels of efficiency. About Federal Tax Authority The Federal Tax Authority was established by Federal Decree-Law No. (13) of 2016 to help diversify the national economy and increase non-oil revenues in the UAE through the management and collection of federal taxes based on international best practices and standards, as well as to provide all means of support to enable taxpayers to comply with the tax laws and procedures. Since its inception in 2017, the FTA has been committed to cooperate with the competent authorities to establish a comprehensive and balanced system to make the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance, with simple procedures based on the highest standards of transparency and accuracy – beginning from registration, to the submission of tax returns, to the payment of due taxes through the Authority's website:
