News

The U.S. Environmental Protection Agency (US EPA) has finalized its proposal to revise the 40 CFR Part 63, Subpart A General Provisions to include requirements for facilities that want to reclassify from a major source of hazardous air pollutants (HAP) to an area source.

Chevron Corporation has overtook Exxon Mobil Corporation as the largest oil company in America by market value. This is the first time in a century the Texas-based giant has been dethroned as the energy leader.Amidst the pandemic, Chevron has emerged with the strongest numbers amongst Big Oil majors, and successfully completed its USD $5 billion acquisition of Noble Energy.

Nearly half of all emissions in major oil basins come from storage tanks. Equipment companies and producers have been working together to install better and tighter sealing thief hatches – hatches used on tanks for manual access to product- for decades, but even the best thief hatch will not seal if it is not closed.

Norway’s Pipeotech claims to be the first company within the pipe sealing segment to offer a 10-year gas-tight guarantee as standard on its innovative DeltaV-Seal.

All4 LLC (ALL4) has completed its first acquisition with the purchase of Smith Management Group (SMG), a Kentucky-based, environmental consulting firm solving multimedia challenges for industry since 1989.

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.

The Government of Alberta (Canada) has announced where money will be spend to reduce methane emissions from the oilpatch.

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.