The largest gasoline pipeline in the U.S. is returning to service, recovering from a cyberattack late Friday that sent pump prices surging and triggered shortages across the Eastern U.S.
The Colonial Pipeline â a critical source of gasoline and diesel for the New York area and the rest of the East Coast â began to resume fuel shipments around 5 p.m. Eastern time Wednesday, the Alpharetta, Georgia-based operating company said in a statement. Itâs unclear how long it will take for supplies to come back to normal, though. U.S. Energy Secretary Jennifer Granholm said Tuesday it would take days to fully restore supplies after the restart, and Colonial warned the line may go down again from time to time while itâs in the process of restarting.
Methane leakage targeted in JPMorgan climate goals
May 13, 2021 3:31:pm
Summary
by: Daniel Graeber
Posted in:
Methane leakage targeted in JPMorgan climate goals
US investment bank JPMorgan Chase said May 13 it planned to work with its clients to address climate change, including ways to cut methane emissions from oil and gas operations.
The bank released steps it said would align its financial activities with the climate goals outlined in the Paris agreement, spelling out its 2030 carbon-intensity targets for the fossil fuels, electric power and automotive sectors.
CEO Jamie Dimon said it was incumbent on the financial sector to play its part in the growing effort to mitigate the harmful effects of climate change.
Oil and gas production may continue for decades offshore UK but operators will be watched closely for any deviation from the net-zero carbon target. [Gas in Transition, Volume 1, Issue 1]
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Easy And Economic Solutions To Mitigating Methane Emissions
May 3, 2021 10:45:am
Summary Energy transition is a fact of life. How we manage it – through technologies, strategies, and policy – is our choice. In fact, it is not just a choice, it is a well-thought-out decision followed by deliberate actions.
by: Darcy Spady, Jackson Hegland - OXFORD INSTITUTE FOR ENERGY STUDIES (OIES)
Posted in:
Easy And Economic Solutions To Mitigating Methane Emissions
The good news is that, on the practical front, many solutions to the energy transition are also good business. One of the key actions we can take, right now, is to reduce fugitive emissions such as methane. For producers, on the business side, keeping methane in the system and monetizing it at the sales meter also make economic sense.