Company News

Chevron Corporation has announced that its wholly owned subsidiary Chevron U.S.A. Inc is investing an additional USD $20 million in the Adopt-a-Port initiative with California renewable natural gas (RNG) provider Clean Energy Fuels Corp.Chevron has now invested a total of USD $28 million in the initiative, which it says provides truck operators serving the ports of Los Angeles and Long Beach with cleaner, carbon negative RNG to reduce emissions.

The world has a viable pathway to building a global energy sector with net-zero emissions in 2050, but it is narrow and requires an unprecedented transformation of how energy is produced, transported and used globally, the International Energy Agency said in a landmark special report released today.Climate pledges by governments to date – even if fully achieved – would fall well short of what is required to bring global energy-related carbon dioxide (CO2) emissions to net zero by 2050 and give the world an even chance of limiting the global temperature rise to 1.5 °C, according to the new report, Net Zero by 2050: a Roadmap for the Global Energy Sector.The report is the world’s first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth.

Eni and Progressive Energy Limited have announced the signing of a framework agreement to further accelerate carbon capture and storage (CCS) within the HyNet North West low carbon cluster project.Under the agreement, Eni will develop and operate both the onshore and offshore transportation and storage of CO2 in their Liverpool Bay assets, whilst Progressive Energy will lead and coordinate the capture and hydrogen aspects of the project on behalf of Hynet North West, thereby linking together the sources of CO2 emissions to Eni’s transportation and storage infrastructure.Memoranda of understanding in respect of the capture and storage of future CO2 emissions across the region have been signed between Eni and multiple industrial companies who wish to reduce their CO2 emissions through HyNet North West.The agreement is a key milestone for the nationally important project.

Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050. The new goal is an upgrade from its current program adopted in 2015 to reduce emissions intensity from upstream operations by 30% by 2030, and matches the 2050 target set by oilsands producer rival Cenovus Energy Inc.

When decision makers seek to integrate new hardware into their automation process, they are often looking at a few key areas – the ease of use, price point, features, and the ability to utilize the hardware at multiple points throughout their system.

Oilsands producer Suncor Energy Inc. is partnering with utility ATCO Ltd. on a "multibillion-dollar'project to produce more than 300,000 tons of hydrogen per year.The Calgary-based companies say the project will help Canada reach its 2050 target of net-zero greenhouse gas emissions – and aid their own GHG reduction goals – by capturing and storing more than 90% of the carbon dioxide produced from energy required to make the hydrogen.The project would reduce Alberta's CO2 emissions by more than two million tons per year, they said.

Environmental regulations are changing at a rapid pace, but many emissions monitoring systems are still operating with obsolete instrumentation, increasing system availability risk, non-compliance penalties, operating costs and shutdowns.

Valve World will organize a live webinar on the 31st of May on counterfeiting. This session, moderated by Alexander Gangnus (see image, Dennemeyer Consulting), will address this challenge from various angles and geographies.B2B counterfeiting is a big problem, leading worldwide to billions of euros in damages.

Cheniere Energy and Sempra Energy, two of the largest American exporters of liquefied natural gas, announced they are looking to add carbon capture and sequestration capabilities to their projects.Sempra is looking at adding technology that would capture and store carbon at its proposed Port Arthur LNG export terminal in Texas and its Cameron LNG plant in neighboring Louisiana.

Emerson reminds U.S. college students to apply, by May 31, to its 2021 ASCO Engineering Scholarship Program.The merit-based scholarships reward excellence in education and service, and the potential for leadership and contributions to the engineering, instrumentation, systems, and automation professions.