Energy13 U.S. refineries exceeded emissions limits for cancer-causing benzene in 2020 -report
Laura SanicolaLaila Kearney
4 minutes read
Sun sets on the Philadelphia Energy Solutions plant refinery in Philadelphia, Pennsylvania, U.S., January 9, 2020. REUTERS/Mark Makela
Thirteen U.S. oil refineries released the cancer-causing chemical benzene in concentrations that exceeded federal limits last year, according to government data published by the green group Environmental Integrity Project (EIP) on Wednesday.
The study is based on the second full year of data reported by U.S. refineries since the Environmental Protection Agency (EPA) in 2015 began requiring continuous monitoring of air pollutants around plants to protect nearby communities, many of which are disproportionately poor, Black and Hispanic.
EnergyU.S. renewable fuel credits climb to highest since at least 2013 -traders
Stephanie Kelly
2 minutes read
E85 ethanol fuel is shown being pumped into a vehicle at a gas station selling alternative fuels in the town of Nevada, Iowa, December 6, 2007. REUTERS/Jason Reed
U.S. renewable fuel credits soared on Tuesday to the highest on record, as higher costs for soybean oil pushed up both renewable fuel and biomass-based credits, traders said.
Renewable fuel (D6) credits for 2021 traded at $1.50 each, up from $1.44 in the previous session, traders said. Biomass-based (D4) credits traded at $1.58 each, up from $1.52 previously.
Both were the highest since Reuters began reporting data for renewable fuel credits in 2013 and biomass-based credits in 2014.
EnergyExxon seeking temporary workers for Beaumont, Texas, refinery during lockout -sources
Reuters
2 minutes read
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.
Exxon Mobil Corp (XOM.N) is looking for temporary workers for its Beaumont, Texas, refinery beginning in May when it has threatened to lock out 650 workers at the plant, sources familiar with the search said on Monday.
Exxon told the United Steelworkers union (USW) last week that hourly employees - employees paid by the hour who are entitled to overtime - will be locked out of their jobs at the refinery if there is not a new contract agreement by Saturday.
EnergyExxonMobil makes 19th oil discovery off Guyana s coast
Reuters
2 minutes read
A sign is seen in front of the Exxonmobil Baton Rouge Refinery in Baton Rouge, Louisiana, November 6, 2015. REUTERS/Lee Celano
Exxon Mobil Corp (XOM.N) on Tuesday made its 19th discovery offshore Guyana at the Uaru-2 well in the Stabroek Block, as the U.S. energy firm continues to develop one of the world s most important new oil and gas blocks in the last decade.
The company, however, did not specify how much the new find would add to the previous gross discovered recoverable resource estimate of more than 9 billion barrels of oil and gas.
Sustainable BusinessAustralian pension fund association raises bar for companies on climate change
Melanie Burton
3 minutes read
Australia s main association representing pension fund investors said it was tightening its climate change policy and may recommend voting against directors of companies which are not moving fast enough to meet Paris goals.
The Australian Council of Superannuation Investors (ASCI) is also urging companies to adopt shareholder resolutions known as Say on Climate which typically call for annual disclosure of emissions, a strategy to reduce emissions and a non-binding vote on corporate climate plans at annual general meetings.
ASCI s 36 members collectively own on average 10% of every ASX200 company and its new climate change policy will go into effect from 2022.