Environment

Report: Oil firms could waste trillions if climate targets reached

LONDON (Reuters) — Energy giants including ExxonMobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows.

US top court hands Chevron victory in Ecuador pollution case

WASHINGTON (Reuters) — The US Supreme Court on Monday handed a victory to Chevron Corp by preventing Ecuadorean villagers and their American lawyer from trying to collect on an $8.65 billion pollution judgment issued against the oil company by a court in Ecuador.

US EPA extends delay of oil, gas rules to two years

WASHINGTON (Reuters) — The US Environmental Protection Agency said Tuesday it would propose a two-year stay of the previous administration's oil and gas industry methane emissions standards while the agency reconsiders the regulation.

Modified revamp process to reduce energy use in an SDA unit

Kumar, S., Nanoti, S. M., Garg, M. O., CSIR-Indian Institute of Petroleum; Amutha, R., Nandagopalu, N. V. N., Chennai Petroleum Corp. Ltd.

Solvent deasphalting (SDA) is emerging as a low-cost, bottom-of-the-barrel upgrading process to recover valuable oil from short residue. This oil can either be further processed to make lube-oil-based stocks or cracked in secondary processing units.

Industry Perspectives: The digitalization of the downstream industry

Nichols, Lee, Hydrocarbon Processing Staff

The digitalization of the hydrocarbon processing industry (HPI) is in full swing. Numerous companies have created, and are optimizing, digital technologies to improve plant operations, increase energy efficiency and lower costs.

Shell shareholders reject emissions target proposal

THE HAGUE (Reuters) — Royal Dutch Shell shareholders on Tuesday widely rejected a proposal by an environmental group calling for the oil company to set and publish annual targets to reduce carbon emissions.

Vopak Deer Park terminal, EPA reach emissions controls agreement

DEER PARK, Texas -- Vopak Terminal Deer Park announced that it has reached an agreement with the United States Environmental Protection Agency (EPA), the United States Department of Justice, the Texas Commission on Environmental Quality and the Texas Attorney General regarding emissions controls at its Deer Park, Texas, facility.

Trump’s climate dilemma: Will US remain in the Paris Accord?

Smith, Ashley, Hydrocarbon Processing Staff

US Secretary of State, Rex Tillerson signed an agreement at a meeting of the Arctic nations Thursday, recognizing the Paris climate accord. With the signing of this agreement, what does that say about the administration’s stand on the Paris accord, and will the President decide the US should stay in it?

US judge approves Volkswagen 3.0 liter, Bosch diesel settlements

(Reuters) -- A federal judge on Thursday granted final approval on an agreement for Volkswagen AG to pay at least $1.22 B to fix or buy back 80,000 3.0-liter vehicles in the United States linked to the German automaker's diesel emissions cheating scandal.

Tillerson gives nod at Arctic meet to climate change action

FAIRBANKS, Alaska (Reuters) -- US Secretary of State Rex Tillerson signed an agreement recognizing the landmark Paris climate accord at a meeting of Arctic nations in Alaska on Thursday, but said President Donald Trump was not rushing to decide whether to leave or weaken US commitments to the pact.