Environment & Safety
Chevron cuts executive pay amid safety woes
Chevron's board is cutting compensation for its CEO and other top executives in the wake of a string of accidents and other operational problems since late 2011.
Chevron recovers less oil than first expected from Utah diesel pipeline leak
Chevron is dealing with the fallout of the March 18 leak, which resulted in 600 bbl of diesel from its refinery in Salt Lake City spilling into marshes close to a freshwater lake in Willard Bay State Park. The company has to date recovered 354 bbl, down from the 500 bbl it said it had collected Friday.
EU sees 2020 clean energy target as unachievable
"While progress has been made until 2010, there are reasons for concern about future progress," the European Commission said. "Current policies alone will be insufficient to trigger the required renewable energy deployment in a majority of member states. Hence, additional efforts will be needed."
Canadian Pacific train derails in US, spilling crude
CP crews are on the scene, and the spill is being contained. The derailment comes amid a surge in rail-shipped oil across North America, as US and Canadian production booms. That has heightened scrutiny over the safety of transporting increasing quantities of crude on the continent's railroads.
US proposes $1.7 million fine against ExxonMobil for Montana oil pipeline leak
The US Pipeline and Hazardous Material Safety Administration, the federal agency that oversees pipeline safety, said Exxon didn't have written procedures instructing employees how to protect the pipeline in case of natural disasters. Exxon was "disappointed in the findings of this report".
BP seeks sanctions for Halliburton over missing cement samples
BP is asking a federal judge to issue sanctions against Halliburton, alleging the drilling contractor withheld evidence in the trial following the 2010 Deepwater Horizon disaster.
Williams shuts down natural gas pipeline in West Virginia after explosion
A large explosion occurred shortly after noon local time and forced local residents to evacuate their homes, said Marshall County Sheriff Kevin Cecil. The pipeline automatically shut down after the explosion, and residents were allowed to return to their home at around 2:30 p.m.
EU takes Poland, Cyprus to court for not enforcing renewable energy rules
"The European Commission is referring Poland and Cyprus to the Court of Justice of the European Union for failing to transpose" the legislation, the commission said in a statement. It also proposed fines for the infringement -- 133,228.80 euros per day for Poland, 11,404.80 euros daily for Cyprus.
Canada pledges to toughen oil tanker safety rules
Resources Minister Joe Oliver and Transport Minister Denis Lebel were in Vancouver, British Columbia this week to unveil the latest proposals, which include establishing a panel tasked with recommending further changes to create a so-called "world-class" tanker safety system.
US lawmakers scrutinize role of ethanol credits in gasoline price spike
The price of credits used by refiners to meet federal ethanol blending requirements has risen more than 1,000% in recent weeks. The heightened volatility in this normally sleepy market has raised concerns that it is a factor in the recent rise in the price of gasoline.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
