ESG/Investment
News
September 30, 2019
ATCE is kicking off this morning with a particularly dynamic session, entitled, “Positively Impacting the World Through Responsible Energy Development.” Moderated by Ms. Eithne Treanor, the session consists of a panel comprising four executives in the oil and gas industry.
News
September 27, 2019
The Texas Railroad Commission assessed and cleaned up more than 400 abandoned oil field sites in fiscal year 2019, more than double the performance measure goal set by the Texas Legislature to assess and clean up 188 abandoned sites.
News
September 26, 2019
“Texas understands how to run an effective air quality program,” said EPA Regional Administrator Ken McQueen. “This plan shows the state’s continued commitment to protecting communities throughout the state by meeting federal air quality requirements.”
News
September 26, 2019
Traders looking for suitable crudes from which to make ship fuels will typically prefer those that are dense, low in sulfur, and have a high flash-point, said Cosmo Kedros, a senior trading specialist at Vortexa, a shipping analytics firm.
News
September 24, 2019
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.The occasion was the Oil and Gas Climate Initiative, an industry-supported organization whose members set targets to reduce methane emissions and gas flaring.
News
September 23, 2019
The Oil and Gas Climate Initiative (OGCI) today announced further initiatives to accelerate the reduction of greenhouse gas emissions and support the goals of the Paris Agreement, ahead of OGCI’s annual event in New York City.
News
September 18, 2019
Working to deliver transparent data to evaluate the most effective methane emissions reduction strategies, the group was established by leading industry companies Cheniere, Chevron, Equinor, ExxonMobil, and Pioneer Natural Resources.
News
September 12, 2019
“Working with qualified system integrators helps manufacturers keep systems compliant with current standards while improving productivity,” said Lee Lane, vice president and general manager, Sensing, Safety and Connectivity business, Rockwell Automation.
News
September 12, 2019
Production Technology and Services announced the Bureau of Safety and Environmental Enforcement deems the PTS-supplied temporary processing equipment suitable for use as a part of HWCG’s single vessel solution, according to the company.
News
September 12, 2019
BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign climate concerns are starting to impact the investment decisions of the world’s largest fossil fuel producers.
News
September 10, 2019
BP announced that it will deploy continuous measurement of methane emissions in its future BP-operated oil and gas processing projects as part of its program to detect, measure and reduce methane emissions.
News
September 08, 2019
In the aftermath of Hurricane Dorian there are reports of widespread devastation across the Bahamas. Equinor says it will clean up the spills from the South Riding Point oil terminal. Resources are being mobilized as quickly as possible to safeguard people, the environment and the facility.
News
September 05, 2019
SPE Offshore Europe 2019 hosted a breakfast event for the launch of Roadmap to 2035: A Blueprint for net-zero, which sets out how the North Sea industry can support net-zero ambitions while also ensuring the security of the UK’s energy supply.
News
September 04, 2019
Exxon Mobil CEO Darren Woods is eyeing oil and natural gas deals despite calls to reduce emissions, saying any shift in the world’s energy supply will take decades.
News
September 04, 2019
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell leading a group of European companies that are well ahead of their U.S. rivals.
News
September 04, 2019
The North Sea industry’s drive towards greater efficiency and lower-carbon operations reflects the sector’s willingness to play its part in meeting the world’s sustainability and climate change goals. But more needs to be done, keynote speakers told the Offshore Europe 2019 opening session on Tuesday.
News
September 03, 2019
A North Sea market leader in third-party procurement is launching a sustainable approach to sourcing and supplying oilfield products and services, which could have a major impact on reducing the oil and gas industry’s carbon footprint.
News
August 29, 2019
The U.S. Environmental Protection Agency is set to unveil a proposal that would step back from federal regulation specifically targeting methane emissions at oil and gas facilities, potentially staving off requirements for a million existing U.S. wells.
News
August 27, 2019
MODEC informed Petrobras that cracks were identified at the hull of FPSO Cidade do Rio de Janeiro, at the Espadarte field, in the Campos Basin, 130 km off the coast of Brazil.
News
August 26, 2019
Mosaic Materials has progressed research on a process that uses porous solids to separate carbon dioxide from air or flue gas. The agreement with ExxonMobil will enable further evaluation of opportunities for industrial uses of the technology at scale.
News
August 14, 2019
The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don’t want the relief.
