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Essar to invest £3 billion in UK and India energy transitions 27 February 2023

Indian multinational conglomerate Essar Group has announced the formation of Essar Energy Transition (EET) to drive the creation of an energy transition hub in North West England. EET plans to invest a total of £2.9 billion in developing a range of low carbon energy transition projects over the next five years, of which £1.9 billion will be invested across its site at Stanlow and £1 billion in India....

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Victims of 2019 ExxonMobil plant explosion awarded almost $30 million 23 February 2023

Five victims of an explosion at ExxonMobil’s Olefins Plant in Texas, US in 2019 have been awarded almost $30 million after a jury found the energy major to be fully responsible. A total of 66 people were injured in the incident which occurred after a line rupture caused by a build up of polymer popcorn....

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International Energy Agency says “there is no excuse” methane emissions remain high in 2022 21 February 2023

The International Energy Agency has published the latest update of its Global Methane Tracker which has shown that a combination of high energy prices, security of supply concerns and economic uncertainty were not enough to drive down methane emissions in 2022 despite data showing the oil and gas sector could slash emissions of potent greenhouse gas using only a fraction of its bumper income from the energy crisis....

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Oil field explosion leaves one person severely injured 14 February 2023

An explosion at an oil field in the US left one person with severe burn injuries on February 10. The incident happened at a saltwater disposal site near the town of Alexander in western North Dakota....

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Major oil terminal and pipeline shut down following earthquakes in Turkey 07 February 2023

A major Turkish oil export hub and a key crude oil pipeline were shut down following the 7.8 and 7.7 magnitude earthquakes that hit Turkey and Syria on February 6. Operations at the Baku-Tbilisi-Ceyhan (BTC) Terminal in Ceyhan on Turkey’s southern coast were stopped after a “small” leak was reported while crude oil imports from Iraq via the Kirkuk–Ceyhan Oil Pipeline were also stopped....

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Train carrying hazardous materials derails in US, risk of “major explosion” 06 February 2023

A train derailed in Ohio, US on February 3 and caused a large fire to break out. A mandatory evacuation order was issued for a one-mile radius after around 50 train cars derailed, many of which were carrying hazardous materials....

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Greenpeace protestors occupy Shell oil platform 31 January 2023

Climate activists from Greenpeace boarded a Shell-owned floating oil platform headed for a major UK oil and gas field on January 31. The protestors boarded the 52,000 tonne vessel just north of the Canary Islands as it was travelling to its destination off the coast of the Shetland Islands in the UK....

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New report shows urgent action needed to help firms accelerate shift to low carbon energy 31 January 2023

Offshore Energies UK (OEUK) has warned that more action is needed from both government and industry to support supply chain companies in playing a critical role in sustaining oil and gas activity while helping to build the UK’s low-carbon future energy systems....

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Plans for Canada’s largest renewable diesel facility move ahead 31 January 2023

ExxonMobil announced on January 26 that its majority-owned affiliate, Imperial Oil Ltd, will invest about $560 million (£455m) to move forward with construction of the largest renewable diesel facility in Canada....

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UK’s offshore oil and gas licensing round attracts over 100 bids 24 January 2023

More than one hundred applications have been received for the UK’s 33rd offshore oil and gas licensing round, the North Sea Transition Authority (NSTA) announced on January 17. The round, which has now closed, attracted a total of 115 bids across 258 blocks and part-blocks, from a total of 76 companies....

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