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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.

India faces problems in Plastic ban implementation
July 21, 2018
Source: ICIS News

India faces problems in Plastic ban implementation

After the Indian Government’s announcement to ban single-use plastics, 19 states across India have enforced a complete ban on the use of plastics. But the implementations have been, reportedly, facing challenges and are partially obeyed because consumers cannot find any cheap replacement of the same. The Government plans of a plastic-free country by 2022 but the main problem lies in the disposal of plastic wastes.

Shell breached climate pollution rules
July 18, 2018
Source: Energy Voice

Shell breached climate pollution rules

Oil supermajor Shell has been found violating the climate pollution rules in a plant at the site in Fife, Scotland. The Scottish Environment Protection Agency (SPEA) has fined the oil firm with £40,000, citing failure to fulfill condition 4 of Greenhouse Emissions Permit. Shell publicly apologized for the technical error, stating that environmental protection is one of their top priorities.

ExxonMobil to limit flaring to reduce emissions affecting climate
May 27, 2018

ExxonMobil to limit flaring to reduce emissions affecting climate

In an attempt to reduce emissions affecting the climate, ExxonMobil Corp. plans to reduce the amount of natural gas it burns by a quarter within two years. It is reported that the efforts shall be focused on oil wells off the coast of West Africa for in that region gas produced alongside crude is routinely burned – the process called flaring – because there’s no way to haul it to markets.

Wintershall submits PDO for Nova field
May 17, 2018
Source: World Oil

Wintershall submits PDO for Nova field

Wintershall, the German oil major, and its partners have submitted the Plan for Development and Operation (POD) for Nova field in the Norwegian North Sea, to the Norwegian petroleum ministry. This latest development follows the success of Wintershall’s Maria field and acknowledges Wintershall’s expertise in subsea technology. Nova will be developed with smart engineering and environment friendly methods.

BP and AGDC sign binding gas sales agreement
May 8, 2018
Source: World Oil

BP and AGDC sign binding gas sales agreement

The Alaska LNG Project achieved a historic milepost today as BP Alaska and Alaska Gasline Development Corporation (AGDC) agreed to key terms of a Gas Sales Agreement, including price and volume. BP’s Alaska President has said that this is an important project for Alaska’s oil and gas industry. It also means cleaner air, more jobs and more affordable energy.

No entry of ONGC and others to Aazhivaikal village
April 24, 2018
Source: The Hindu

No entry of ONGC and others to Aazhivaikal village

Aazhivaikal villagers have put banners demonstrating a bar on entry to ONGC and others to explore natural resources. K. Ilanthirayan, a farmers’ association leader said that no agency should be allowed to damage the ecosystem of the village. Villagers in one voice said that “The Central and State governments must value our sensitivities and should not indulge in hydrocarbon exploration in Aazhivaikal.”

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