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Global CCUS investment requires $196 billion through 2034, according to new report 04 July 2024

By 2034, global carbon capture capacity will reach 440 million metric tonne per annum (Mtpa) and storage capacity will reach 664 Mtpa, requiring $196 billion (£153.5bn) in total investment, according to a recent report from energy research and consultancy firm Wood Mackenzie....

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Annual review of UK bulk storage and energy infrastructure sector published 04 July 2024

The Tank Storage Association (TSA) has published its ninth Annual Review of the UK’s bulk storage and energy infrastructure sector. The publication provides a broad range of statistics and valuable insights on terminals, process safety, occupational health and safety as well as the industry’s contribution to the UK economy....

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US Chemical Safety Board urges chemical companies to prepare for harsh hurricane season 04 July 2024

With Hurricane Beryl becoming the Atlantic Ocean’s earliest Category 5 storm on record, the US Chemical Safety and Hazard Investigation Board (CSB) is once again urging the chemical industry to act expeditiously to prepare for a season of potentially more frequent and more powerful hurricanes and other extreme weather events....

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Union calls off Port Talbot strike after Tata Steel threatens to close steelworks early 02 July 2024

Trade union Unite has suspended strike action it had planned for 8 July at Tata Steel’s Port Talbot plant after the steel giant threatened to cease operations at the facility. The company had been planning to shut just one blast furnace by the end of June with the second closing by September as part of its plans to invest £1.25 billion in Electric Arc Furnace technology which would see around 2,800 job losses....

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Failed wheel bearing caused train derailment and subsequent chemical spill 28 June 2024

The US National Transportation Safety Board (NTSB) confirmed on 25 June that a rail car’s defective wheel bearing caused the derailment and subsequent hazardous material release in East Palestine, Ohio on 3 February 2023. Investigators said that the derailment occurred when a bearing on a hopper car failed and overheated, leading to the fiery derailment in the centre of the small town....

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Tata Steel could cease Port Talbot operations as early as next week due to strike 28 June 2024

Tata Steel UK has said that operations at its Port Talbot plant could potentially cease by as early as 7 July due to a planned strike by trade union Unite. The company had been planning to shut just one blast furnace by the end of June with the second closing by September as part of its plans to invest £1.25 billion in Electric Arc Furnace technology which would see around 2,800 job losses....

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Final investigation report into fatal BP-Husky Refinery explosion released 27 June 2024

The US Chemical Safety and Hazard Investigation Board (CSB) has issued its final investigation report into the fatal naphtha release and fire at the BP-Husky Toledo Refinery in Oregon, Ohio on 20 September 2022, which resulted in the death of two BP employees, who were brothers....

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ExxonMobil adds Air Liquide to world’s largest low-carbon hydrogen project 27 June 2024

ExxonMobil and Air Liquide have announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide’s existing pipeline network....

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New survey highlights oil and gas sector paradox 27 June 2024

Despite unprecedented energy challenges, 68% of oil and gas industry leaders express optimism for sector growth in the coming year. This confidence, revealed in a survey by DNV, underscores the sector's resilience as it balances immediate demand for petroleum products with long-term environmental responsibilities....

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Explosion damages newly opened hydrogen fuelling station in Germany 27 June 2024

A fire broke out following an explosion at a hydrogen fuelling station near Augsburg, Germany on 26 June, forcing the facility to be closed down just one week after it was opened. The station’s operator, Tyczka Hydrogen, has said the station would remain closed until further notice due to the damage caused. Fortunately, no injuries were reported as a result of the blast....

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