Environment & Safety
HP Water Management: Water is the next oil
In the future, increased demands for high-quality fresh water supplies will translate into voluntary and, ultimately, regulatory mandates. These constraints will require facilities to limit or to redu..
HP Impact: Octagonal opportunity for carbon capture
Filtering CO2 from factory smokestacks is a necessary, but expensive, part of many manufacturing processes. However, a collaborative research team from the National Institute of Standards and Technolo..
Canada oil sands producers form alliance to share environmental technology
Canadian oil sands producers have formed a new alliance named Canada's Oil Sands Innovation Alliance (COSIA), seeking to accelerate the pace of improving environmental performance in Canada's oil sands. COSIA also announced Dr. Dan Wicklum as CEO of the new alliance.
BP in talks for $14bn Gulf oil spill settlement
BP and plaintiffs suing over the 2010 Gulf of Mexico oil spill are in talks for a $14 billion settlement funded by monies originally set aside by the company for out-of-court settlements, Bloomberg News reported Monday, citing three people familiar with the negotiations.
Crude tank explodes at Texas fuel storage terminal
Firefighters have extinguished a crude oil tank fire that began Thursday night at a fuel storage terminal in Galveston, Texas, according to news media reports. The facility has the capacity to handle 1.25 million bbl of liquid cargo storage and 350,000 tons of dry flat storage, according to the Galveston Daily News.
CertifiedSafety opens US Midwest office in Indiana
CertifiedSafety opened a new regional office in this month in Whiting, Indiana, company officials confirmed on Thursday. The new Whiting office is their third regional facility and will serve many clients in US Midwest such as BP Whiting, the nation's seventh-largest refinery.
US officials approve Shell oil spill plan for Alaska
US officials have approved an oil-spill plan for Royal Dutch Shell as the company looks to begin drilling in the Arctic, saying that Shell has demonstrated its ability to respond to potential spills in icy waters despite protests from environmental groups. Shell still has to obtain drilling permits from the Interior Department.
Enbridge discovers eastern Michigan pipeline leak
Enbridge Energy is investigating the cause of a pipeline leak in eastern Michigan, according to a government filing made pubic Thursday. Enbridge said it discovered a small amount of oil Thursday in the soil near the town of Sterling in Arena County, according to the company's filing with the National Response Center.
Shale gas study concludes no link with fracking, water contamination
Hydraulic fracturing of shale formations to extract natural gas has no direct connection to reports of groundwater contamination, based on evidence reviewed in a new study.
BP upgrades dividend as Gulf oil spill trial looms
BP raised its dividend on the strength of improved earnings, but reiterated that it would only settle upcoming litigation related to the 2010 Gulf oil spill if certain minimum conditions are met. CEO Bob Dudley said the company's "bias has always been towards settlement, but only at a fair and reasonable price."
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
