Company News

Two oil majors, BP and Shell, have urged Texas regulators to end the routine flaring of natural gas, joining other large investors who want greater oversight of the harmful environmental practice.

The Australian government will prioritize investment in five low-emission technologies to reduce greenhouse gas pollution, while continuing to avoid putting a price on carbon.Hydrogen produced from renewables, electricity storage, low-carbon steel and aluminum production, carbon capture and storage, and soil carbon are the five areas selected for development.

LyondellBasell, a global plastics, chemicals and refining company, plans to boost production of recycled and renewable-based products to reduce plastic waste and reduce greenhouse gas emissions during production, as detailed in its new sustainability report.The plastic manufacturer has pledged to produce and market two million metric tons of “recycled and renewable-based polymers” per year by 2030.

Ikea, Unilever, BT, Ericsson and Telia have founded a new initiative to set pre-2050 targets to reach net-zero emissions across their operations and supply chain.The leading brands are among the founding corporate members of a new initiative designed to help multinational supply chains align with the Paris Agreement.The new scheme binds the companies to enhance their long-term goals.

The U.S. Army Corps of Engineers has reissued permits for construction of a natural gas pipeline project in Virginia and West Virginia nearly two years after a federal appeals court invalidated them, citing environmental concerns.The new permits issued will allow construction to resume on the Mountain Valley Pipeline’s path across nearly 1,000 streams and wetlands, the Roanoke Times reported.

The Oil and Gas Authority’s (OGA) has for the first time expanded its benchmarking to the flaring and venting of greenhouse gases on the UK Continental Shelf (UKCS) - detailing flaring and venting activity levels in the North Sea and the resulting contribution to UK oil and gas greenhouse gas emissions.In a new report, OGA details the volume of gas flared and vented in offshore upstream oil and gas production last year was equivalent to 3% of all the natural gas produced in 2019.

The UAE-Caribbean Renewable Energy Partnership Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017.The Green Barbuda project will receive USD $50 million joint funding from the UAE-Caribbean Renewable Energy Partnership Fund, which comprises the UAE, New Zealand and the Caribbean Development Group Fund, and will be implemented by Masdar.The project includes the construction of an 800 kW diesel power plant and a 720 kWh hybrid solar power plant, as well as an 863 kWh battery system to store excess electricity generated.

Emerson has introduced a wireless automatic recovery module (ARM) for its AVENTICS™ G3 electronic fieldbus platform that makes it easy for technicians to perform pneumatic valve system commissioning and diagnostics from a mobile phone, tablet or laptop computer.The new wireless ARM module and AVENTICS G3 fieldbus platform are ideal for pneumatic valve system applications in the automotive, food and beverage, tire, packaging and metalworking industries.The wireless ARM module provides easy access to the AVENTICS G3 fieldbus platform’s diagnostic and commissioning capabilities via an internal Wi-Fi access point and mobile website.

Appointed President of Triangle Fluid Controls since 2008, Michael Shorts, has gained a wealth of knowledge surrounding industrial processes and emission control throughout his 23 years in the industry.

Snam and Saipem have signed a Memorandum of Understanding to start working together on new energy transition technologies, from green hydrogen to capturing and reusing CO2, to fight climate change and contribute to the launch of the hydrogen market, supporting the European Commission’s Hydrogen Strategy.