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OIL AND GAS
Peru hits Spanish energy giant Repsol with new oil spill fines
by AFP Staff Writers
Lima (AFP) Jan 4, 2023

Peru's environment authorities on Wednesday announced fines worth close to $6 million against Spanish energy giant Repsol over an oil spill that polluted beaches and cost thousands their livelihoods.

Almost 12,000 barrels of crude spilled into the sea off Peru in January 2022 as a tanker unloaded oil at a Repsol-owned refinery.

Peru said more than 700,000 people were affected by the spill which forced the closure of 20 beaches and dozens of tourism businesses.

At least 5,000 fishers and shopkeepers lost their livelihoods.

Repsol had blamed the spill on freak waves caused by a volcanic eruption more than 10,000 kilometers (6,200 miles) away near Tonga.

The three new fines worth a total of $5.7 million were for "administrative responsibility," the Environmental Assessment and Monitoring Agency (OEFA) said in a statement.

Repsol previously received fines worth $10.7 million in October and $1.25 million in July for a variety of offences such as reporting false information, not doing enough to contain or clean up the spill, and failing to identify areas affected by the spill.

The OEFA said the latest fine was for failing to supply "required information" relating to the environmental damage caused by the spill.

Repsol and five other companies also face civil lawsuits in Peru for $4.5 billion in damages to the environment and individuals.

On its website, Repsol Peru says that its La Pampilla Refinery, where the spill took place, had signed compensation agreements with more than 3,200 families and others affected, including ice cream and umbrella vendors as well as motorcycle taxi drivers.

cm/mav/bc/bfm

REPSOL


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OIL AND GAS
Cheap, sustainable hydrogen through solar power
Ann Arbor MI (SPX) Jan 05, 2023
A new kind of solar panel, developed at the University of Michigan, has achieved 9% efficiency in converting water into hydrogen and oxygen-mimicking a crucial step in natural photosynthesis. Outdoors, it represents a major leap in the technology, nearly 10 times more efficient than solar water-splitting experiments of its kind. But the biggest benefit is driving down the cost of sustainable hydrogen. This is enabled by shrinking the semiconductor, typically the most expensive part of the device. ... read more

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