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China’s greenhouse gas emissions up 50% during 2005-2014
July 16, 2019
Source: Reuters

China’s greenhouse gas emissions up 50% during 2005-2014

Chinese environment ministry has revealed that greenhouse gas emissions hit 12.3 billion tonnes in 2014, an increment of 53.5% from 2005. The United Nations Framework Convention on Climate Change requires Beijing to submit an official inventory to the UN on a systematic basis. Although the country has pledged to show “the highest possible ambition”, it is also looking to bring its total emissions to a peak by “around 2030”.

Indian energy companies expand efforts to revive water sources
July 11, 2019

Indian energy companies expand efforts to revive water sources

The continuously depleting natural resources have brought oil companies around the world in a difficult situation. With the Indian government focusing on 'Jal Shakti' in its second term, the energy giants of the nation are seeking corporate social salvation. ONGC has started its second clean-up drive in select areas of Uttarakhand and Himachal Pradesh. Indian oil, on the other hand, is rejuvenating 37 water bodies across 14 states.

"Civil society is being misled to believe oil is the cause of climate change": OPEC
July 3, 2019

"Civil society is being misled to believe oil is the cause of climate change": OPEC

OPEC's secretary-general, Mohammed Barkindo, has referred to the climate change campaigners as "perhaps the greatest threat to our industry going forward". Barkindo was seemingly referring to the ongoing school strikes inspired by Swedish teenager Greta Thunberg's "Fridays for Future" movement. Barkindo continued to say, "Civil society is being misled to believe oil is the cause of climate change".

Michigan AG initiates lawsuit to shut down oil pipeline in Great Lakes
June 28, 2019
Source: Yahoo

Michigan AG initiates lawsuit to shut down oil pipeline in Great Lakes

Michigan's Attorney General, yesterday, initiated a lawsuit to shut down twin 66-year-old oil pipelines owned by Enbridge Inc in the Great Lakes area. Democrat Dana Nessel has argued that the pipelines present an "unacceptable risk". The twin pipelines are integral to Enbridge's Line 5, transporting 23 million gallons of crude oil and propane everyday between Superior, Wisconsin, and Sarnia, Ontario.

Arrests drive more Greenpeace activists aboard BP drilling rig
June 15, 2019
Source: Reuters

Arrests drive more Greenpeace activists aboard BP drilling rig

Protests from Greenpeace activists continue at Transocean’s drilling rig on Friday to prevent it from heading to a BP oilfield in the UK North Sea. A statement released by Greenpeace read how police had removed and arrested two Greenpeace activists on Thursday night. Friday saw another couple of Greenpeace activists climbing up a leg of the rig. BP has said that it is coordinating with Transocean and Scottish police.

Equinor’s report claims more needs to be done for climate protection
June 7, 2019

Equinor’s report claims more needs to be done for climate protection

Equinor’s report “Energy Perspectives” reveals that global climate action by energy companies to keep global warming below 2°C is not enough. The ninth edition of the report offers a global review of possible developments in the energy market towards 2050. Further, it focuses on the opportunities and challenges related to sustainable development while meeting global energy demands.

Exxon to heavily invest in lower-emission technologies
May 9, 2019

Exxon to heavily invest in lower-emission technologies

ExxonMobil informed about its investment of almost $100 million for 10 years for the research and development of advanced lower-emissions technologies. Exxon will work with the US Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory. CEO of Exxon said, "We’re focusing on advancing fundamental science to develop breakthrough solutions that can make a difference on a global basis in emissions reduction".

Maersk to convert Intrepid into low-emission rig
May 9, 2019

Maersk to convert Intrepid into low-emission rig

Maersk Drilling has revealed plans of converting the Intrepid platform into the first hybrid, low-emission offshore rig. The 2014-built Intrepid, an ultra-harsh environment rig, is currently hired for operational support at Equinor’s Martin Linge field. The Danish rig operator is looking to lower the NOx and CO2 emissions on the Maersk Intrepid through a number of upgrades. The full implementation of upgrades is slated to conclude by year-end.

ONGC restores its operations in Bay of Bengal
May 4, 2019

ONGC restores its operations in Bay of Bengal

India's state-owned Oil and Natural Gas Corp (ONGC) has resumed its operations in its Bay of Bengal field after a category-4 cyclone. According to the sources, as a measure of precaution, ONGC had stopped its operations and evacuated almost 500 employees. With cyclone Fani making landfall around Puri in Odisha, the energy major was alarmed as most of its installations are off the Andhra coast.

Environmental campaigners climb aboard Equinor rig
April 29, 2019
Source: Reuters

Environmental campaigners climb aboard Equinor rig

In a rather shocking scene on Monday, environmental activists of Greenpeace climbed aboard the drilling rig of oil major Equinor, currently deployed in the Norwegian Arctic. Greenpeace organization said that four activists from Norway, Sweden and Denmark climbed aboard the West Hercules rig, anchored off Hammerfest. West Hercules is scheduled to carry out drilling operations in production license 859 in the Barents Sea.

Shell invests £230m to meet carbon targets
April 9, 2019
Source: Energy Voice

Shell invests £230m to meet carbon targets

In order to meet carbon emission targets, oil giant Shell has designed a range of Europe-wide plans worth £230m. The programme will start from this year as a part of Shell's three-year target in order to reduce its Net Carbon Footprint by 2% – 3%. The energy major will also invest in the creation of a 300-hectare forest project in Spain. "Shell will play its part", emphasized the firm's CEO.

Baker Hughes releases LUMEN methane detection system
Jan. 29, 2019

Baker Hughes releases LUMEN methane detection system

BHGE unveiled LUMEN digital methane detection platform, designed for monitoring the levels of methane for oil and gas operators. The platform deploys ground-based and drone-based sensor systems to monitor levels of methane. The oilfield services giant unveiled the platform on the first day of BHGE’s 20th annual meeting in Italy. LUMEN leverages machine learning and proprietary algorithms to provide methane concentration data.

US companies to join OGCI
Sept. 21, 2018
Source: Fortune

US companies to join OGCI

Oil and Gas Climate Initiative was formed in 2014 to address the issues of climate change. Initially, members from Europe, Asia, the Middle East, and Latin America formed the organization but now, the US companies- Chevron, ExxonMobil, and Occidental Petroleum will also be joining OGCI. Each new member will commit $100 million to $1 billion investment fund of OGCI whose purpose is to assist in development of emissions reduction technology.

Shell’s initiative to reduce emission
Sept. 18, 2018
Source: Energy Voice

Shell’s initiative to reduce emission

Keeping in mind the impact of industry’s emissions on the environment, energy major, Shell informed that it has planned to keep the emissions below 0.2% by 2025. The energy giant has been involved in many initiatives related to the emissions intensity reduction. Currently, the company is deploying new technologies like infrared cameras to scan methane emissions. These programs will reduce the emissions throughout the supply chain.

EnQuest concludes crude transfer
Sept. 15, 2018
Source: Energy Voice

EnQuest concludes crude transfer

British E&P major, EnQuest Plc concluded first ship-to-ship transfer at the Shetland’s Sullom Voe terminal. EnQuest transferred 500,000 barrels of crude oil with the help of the Canadian-registered shuttle tanker, The Heather Knutsen. Environmental groups in other parts of Scotland have been against the practice of ship-to-ship transfers over crude oil over potential oil spill in the sea.

Arbitration tribunal rules in favour of Chevron
Sept. 11, 2018
Source: compelo

Arbitration tribunal rules in favour of Chevron

US-based oil major, Chevron evaded an Ecuadorian court verdict yesterday when an arbitration tribunal trashed the $9.5 billion verdict that came out in 2011 over oil pollution dispute. Chevron-owned TexPet was held guilty of environmental pollution due to operations in Lago Agrio oilfield. The bench stated that the Ecuadorian judgment was found in violation of international public policy. The Ecuadorian judgement will henceforth not be recognized in any other country.

Storm Gordon hinders production
Sept. 5, 2018

Storm Gordon hinders production

The Tropical Storm Gordon is affecting the production in U.S. Gulf of Mexico. Evidently, three more oil producers have pulled their employees out of the storm’s path and production has reduced by 9%.The storm which was expected to progress westward has now shifted eastward. Companies like Talos Energy Inc. Exxon Mobil Corp and Chevron Corp, on Tuesday, vacated and shut many platforms in the eastern Gulf of Mexico.

Petrobras agrees on a settlement of $3.5mn
July 26, 2018
Source: Reuters

Petrobras agrees on a settlement of $3.5mn

If sources were to be believed, the US unit of Petrobras has agreed to settle a lawsuit over alleged toxic emissions from its Pasadena oil refinery by paying $3.5mn. The Petrobras subsidiary will additionally pay a $350,000 penalty to the U.S. government for emitting SOx and other pollutants over permitted levels. The settlement has come at a time when the company is planning to sell the 112,229 bpd capacity refinery.

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