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BP 2013 report oil spill payments

BP Sustainability Report: Refinery Sales Cut GHG Emissions

BP 2013 report GHG breakdownBP has released its 2013 Sustainability Review. Highlights include:

Energy efficiency

  • BP’s Toledo refinery improved energy intensity 8 percent from 2010 to 2013.
  • Factors contributing to this include updated technologies and improvements in how BP manages and measures energy use in the refinery’s operating units.
  • BP says it is sharing Toledo’s measures with its refineries around the world.

GHGs

  • Direct GHG emissions were 49.2 million metric tons CO2e in 2013, down from 59.8 million in 2012 and 61.8 million in 2011.
  • The decrease was primarily due to the sale of two US refineries, Texas City and Carson.
  • Actions taken by BP businesses to reduce their emissions cut 0.2Mte, the company says.
  • Flaring rose last year to 2.0 million metric tons of hydrocarbons, from 1.5 million in 2012 and 1.8 million in 2011.
  • The report did not say why this metric increased.
  • BP says it chooses not to establish a company-wide GHG target because emissions can be influenced by shifts in business activity, production or assets.

BP 2013 report GHGs

Water

  • In 2013, the company aimed to assess which operations are in water scarce areas.
  • It found that about half of its major operations withdraw fresh water in areas of water stress or scarcity, accounting for about 17 percent of its total freshwater withdrawal.
  • BP is investing in research with several universities in the US to help understand future risks in water management.
  • At its purified terephthalic acid plant in Zhuhai, China, BP has invested in technology to minimize fresh water and energy use. The third PTA plant is currently under construction and is expected to be operational by the end of 2014.
  • This uses a water recycling technique developed by BP, which will reduce water discharge by 75 percent, while cutting GHG emissions by 65 percent versus conventional technologies, the company says.

Waste

  • At its LNG plant in Tangguh, Indonesia, BP is developing a process to recycle waste cooking oil as biodiesel.
  • It says this has the potential to reduce the plant’s waste cooking oil by up to 90 percent and reduce diesel usage onsite by up to 30 percent.

BP 2013 report oil spills by year

Gulf of Mexico cleanup

  • At the end of February 2014, fewer than 20 of the roughly 4,440 shoreline miles originally in the area of response remained active.
  • BP is funding projects designed to accelerate natural resource restoration, the company says. As of December 2013, BP and trustees had reached agreement or agreement in principle on 54 such early restoration projects.
  • From May 2010 to the end of 2013, BP paid about $11 billion to individuals and businesses through various claims processes, with $2.9 billion being paid in 2013. The company paid almost $1.5 billion for claims, advances and settlements with government entities.
  • BP entered into an agreement with the EPA this month, ending the company’s debarment from federal contracts.

BP 2013 report oil spill payments

Certifications

  • In 2013 all major BP operating sites, with the exception of recently-acquired operations, were certified to the environmental management system standard ISO 14001.

Takeaway: BP’s latest sustainability report shows GHG emissions down year-on-year, mostly because of divestments, but the report is light on overall company metrics.

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