You are here

Petrochemical

Nation's largest oil refinery forced to shut down as Harvey floods Port Arthur

money.cnn.com - Julia Horowitz and Jill Disis - August 30th 2017

The largest oil refinery in the country is shutting down as Hurricane Harvey causes more catastrophic flooding, and more have followed suit.

Early Wednesday, Motiva said it started closing its Port Arthur refinery "in response to increasing local flood conditions." The plant won't open until flood waters recede.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Global fuel prices jump as Harvey's impact ripples beyond U.S. Gulf

reuters.com - Erwin Seba and Devika Krishna Kumar - August 31st 2017

Tropical Storm Harvey’s impact on the energy industry spread worldwide as flooded U.S. refiners and closed fuel pipelines threatened to squeeze national supply, roiling global fuel markets and rerouting millions of barrels of fuel to the Americas to avert shortages.

The storm, which lashed Louisiana with rain on Thursday, has pummeled the U.S. Gulf Coast, immersing Houston, Texas, and the surrounding area in several feet of water and forcing the closure of about a quarter of U.S. refining capacity.

Benchmark U.S. gasoline prices RBc1 and margins RBc1-Clc1 surged anew on Thursday.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Planet Has Just 5% Chance of Reaching Paris Climate Goal, Study Says

Researchers find that economic, emissions and population trends point to very small chance Earth will avoid warming more than 2C by century’s end

       

Environmental activists protest Donald Trump’s decision to exit the Paris climate accords, which set a goal of avoiding warming beyond 2C. Photograph: Scott Olson/Getty Images

CLICK HERE - RESEARCH - Nature Climate Change - Less than 2 °C warming by 2100 unlikely

CLICK HERE - RESEARCH - Nature Climate Change - Future global mortality from changes in air pollution attributable to climate change

theguardian.com - by Oliver Milman - July 31, 2017

There is only a 5% chance that the Earth will avoid warming by at least 2C come the end of the century, according to new research that paints a sobering picture of the international effort to stem dangerous climate change.

Global trends in the economy, emissions and population growth make it extremely unlikely that the planet will remain below the 2C threshold set out in the Paris climate agreement in 2015, the study states.

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Just 100 Companies Responsible for 71% of Global Emissions, Study Says

A relatively small number of fossil fuel producers and their investors could hold the key to tackling climate change

           

An oil rig exploring for oil and gas. A new report says more than 50% of global industrial emissions since 1988 can be traced to just 25 companies. Photograph: Dazman/Getty Images/iStockphoto

CLICK HERE - The Carbon Majors Database - CDP Carbon Majors Report 2017 (16 page .PDF report)

the guardian.com - by Tess Riley - July 10, 2017

Just 100 companies have been the source of more than 70% of the world’s greenhouse gas emissions since 1988, according to a new report.

The Carbon Majors Report (pdf) “pinpoints how a relatively small set of fossil fuel producers may hold the key to systemic change on carbon emissions,” says Pedro Faria, technical director at environmental non-profit CDP, which published the report in collaboration with the Climate Accountability Institute.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

France Set to Ban Sale of Petrol and Diesel Vehicles by 2040

           

Hybrid and electric cars, like this Renault, make up about 5% of the French car market - Reuters

bbc.com - July 6, 2017

France is set to ban the sale of any car that uses petrol or diesel fuel by 2040, in what the ecology minister called a "revolution".

Nicolas Hulot announced the planned ban on fossil fuel vehicles as part of a renewed commitment to the Paris climate deal.

He said France planned to become carbon neutral by 2050.

(READ COMPLETE ARTICLE)

ALSO SEE RELATED ARTICLE HERE - France to ban sales of petrol and diesel cars by 2040

ALSO SEE RELATED ARTICLE HERE - France to Ban Sales of Gas, Diesel Vehicles by 2040

 

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

United States - Russia - Cyber Weapons

In January 1982, President Ronald Reagan approved a CIA plan to sabotage the economy of the Soviet Union through covert transfers of technology that contained hidden malfunctions, including software that later triggered a huge explosion in a Siberian natural gas pipeline.

This week it is being reported that former President Barack Obama authorized the planting of cyber weapons in Russian infrastructure in the final weeks of his presidency in response to Moscow’s interference in the 2016 presidential election. The project, not completed before the end of Obama’s term, reportedly left the weapons in President Trump’s control after he took office.

In 1982 the Soviets were at least a decade behind the West in computers and microelectronics. Since then, the Russians are thought to have caught up with western technology, and might now have the same capabilities as the United States.

If a cyber war of this nature were to break out in the future . . . who would be on the front lines?

Documentation for these occurrences will be posted within the links below, including a summary on the 1982 incident from the C.I.A. . . .

CLICK HERE - Reagan Approved Plan to Sabotage Soviets

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

What Happens to Earth if the US Exits the Climate Deal?

           

Credit:  AP Photo/Jim Cole, File

washingtonpost.com - Associated Press - May 27, 2017

 . . . In an attempt to understand what could happen to the planet if the U.S. pulls out of Paris, The Associated Press consulted with more than two dozen climate scientists and analyzed a special computer model scenario designed to calculate potential effects.

Scientists said it would worsen an already bad problem, and make it far more difficult to prevent crossing a dangerous global temperature threshold.

 . . . “The U.S. matters a great deal . . . That amount could make the difference between meeting the Paris limit of two degrees and missing it” . . . 

While scientists may disagree on the computer simulations they overwhelmingly agreed that the warming the planet is undergoing now would be faster and more intense.

(READ COMPLETE ARTICLE)

 

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Are Solar and Wind Really Killing Coal, Nuclear and Grid Reliability?

           

Lessons from the Lone Star State: A surge in wind power on the Texas grid didn’t cause reliability problems (and brought down electricity prices) because regulators improved the efficiency of wholesale electricity markets. Sarah Fields Photography/Shutterstock.com

theconversation.com - by Joshua D. Rhodes, Michael E. Webber, Thomas Deetjen and Todd Davidson - May 11, 2017

U.S. Secretary of Energy Rick Perry in April requested a study to assess the effect of renewable energy policies on nuclear and coal-fired power plants.

Some energy analysts responded with confusion, as the subject has been extensively studied by grid operators and the Department of Energy’s own national labs. Others were more critical, saying the intent of the review is to favor the use of nuclear and coal over renewable sources.

So, are wind and solar killing coal and nuclear? Yes, but not by themselves and not for the reasons most people think. Are wind and solar killing grid reliability? No, not where the grid’s technology and regulations have been modernized. In those places, overall grid operation has improved, not worsened.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Shell Sells Oil Sands Assets as Boss Warns on Clean Energy Challenge

           

An excavator at the Athabasca project near Fort McMurray in Alberta. Shell has cut its interest in the project as part of a retreat from tar sands. Photograph: Mark Ralston/AFP/Getty Images

Carbon-heavy assets offloaded for $8.5bn as company ties 10% of directors’ bonuses to how well it manages emissions

theguardian.com - March 9, 2017

Royal Dutch Shell has agreed to sell most of its carbon-heavy Canadian oil sands assets for $8.5bn (£7bn) as the chief executive warned that the industry risked losing public support without progress towards cleaner energy.

The world’s second largest publicly-traded oil company plans to increase its investment in renewable energy to $1bn (£800m) a year by the end of the decade, Ben van Beurden said on Thursday, although it is still a small part of its total annual spending of $25bn (£20.5bn). 

Shell also said that 10% of directors’ bonuses would be tied to how well it manages greenhouse gas emissions in refining, chemical and upstream operations.

(READ COMPLETE ARTICLE)

 

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

China Halts Import of North Korean Coal Until End of Year

wsj.com - February 19th 2017 - Chuin-Wei Yap

China banned all coal imports from North Korea starting Sunday, a move that steps up a prohibition Beijing enacted last year and comes as recent actions by Pyongyang test relations between the two allies.

(VIEW COMPLETE ARTICLE; NOTE: ACCOUNT REQUIRED)

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Pages

Subscribe to Petrochemical
howdy folks