Page 8 - AsianOil Week 30 2021
P. 8

AsianOil                                        EAST ASIA                                            AsianOil


       China denies launching




       cyberattacks on US gas pipelines




        POLICY           THE Chinese government has rejected US  largest source of cyberattacks targeting China.
                         claims that it was behind multiple cyberattacks  Data in 2020 showed 53% of the 42mn malicious
                         targeting American natural gas infrastructure  cyber activities came from the US.”
                         dating back a decade.                  Cybersecurity has emerged as Washington
                           Chinese foreign ministry spokesman Zhao  and Beijing’s latest battleground, as ties between
                         Lijian dismissed last week the US Department  the two giants continue to deteriorate. The US
                         of Homeland Security’s (DHS) claim that the  last week led a coalition of allied counties in
                         Chinese state had sponsored cyberattacks on  accusing China of a global cyberespionage cam-
                         23 pipeline operators from late December 2011  paign. Washington’s claims were supported Nato
                         until the end of February 2012.      as well as the EU, the UK, Japan, Canada, Aus-
                           The DHS’ Cybersecurity and Infrastruc-  tralia and New Zealand.
                         ture Security Agency (CISA) issued on July 20   US President Joe Biden doubled down on the
                         a Joint Cybersecurity Advisory report, which  subject this week, warning that a future military
                         was co-authored by the FBI, in which it claims  conflict between the world’s major powers was
                         that “Chinese actors” launched a highly sophisti-  likely to be triggered by cyberattacks.
                         cated spear-phishing campaign targeting the US   Speaking at the Office of the Director of
                         gas industry. Of those targeted, 20 operators are  National Intelligence on July 27, Biden said:
                         understood to have been compromised, while  “I think it’s more likely we’re going to end up
                         three were unaffected.               – well, if we end up in a war, a real shooting
                           Zhao, however, said on July 23 that the report  war with a major power, it’s going to be as a
                         had confused “right and wrong”.      consequence of a cyber-breach of great con-
                           “China firmly opposes and fights against all  sequence. And it’s increasing exponentially
                         forms of cyberattacks,” Zhao said. “The US is the  – the capabilities.”™


                                                       OCEANIA


       Chevron misses CCS target at Gorgon LNG




        PROJECTS &       SUPER-MAJOR Chevron confirmed last week  it takes time to optimise a new system to ensure
        COMPANIES        that it would not meet its carbon dioxide (CO2)  it performs reliably over 40-plus years of opera-
                         injection target at its Gorgon LNG facility,  tion,” he continued. “The road hasn’t always been
                         which has a carbon capture and storage (CCS)  smooth, but the challenges we’ve faced – and
                         component.                           overcome – make it easier for those who aspire
                           Under the terms of approval for the Gorgon  to reduce their emissions through CCS.”
                         LNG project, Chevron and its partners were   According to Hatfield, Chevron is commit-
                         required to capture 4mn tonnes per year (tpy) of  ted to sharing the lessons it has learned from
                         emissions over the first five years of operation, or  the Gorgon injection project with state and fed-
                         around 80% of total emissions over this period.  eral governments, research institutes and other
                         However, Chevron said this week that only 5mn  energy producers to assist with the deployment
                         tonnes of CO2 equivalent had been captured  of CCS across Australia.
                         since the CCS system was started up in August   However, the super-major has come under
                         2019.                                fire for missing its injection target, with environ-
                           Chevron nonetheless hailed this as a “signifi-  mental groups calling for it to be heavily fined.
                         cant milestone”, saying it represented the largest   Advocacy group Sustainable Energy Now
                         volume of injection achieved within this time  WA’s chair, Ian Porter, described the injection
                         frame by any environmental CCS system of  shortfall as a “shocking failure of one of the
                         comparable specifications. Chevron Australia’s  world’s largest engineering projects”.
                         managing director, Mark Hatfield, attributed   “I sincerely hope CCS does work one day.
                         the failure to meet the injection target to delays  Ultimately we need it. But until that time, it is
                         in safely starting up the CCS system.  reckless and disingenuous for the industry to
                           “Chevron is working with the WA [Western  keep pretending that it can expand operations
                         Australia] regulator on making up the shortfall  and reach net zero,” he was quoted by the Guard-
                         and will report publicly on that later in the year,”  ian as saying.™
                         Hatfield said. “Like any pioneering endeavour,



       P8                                       www. NEWSBASE .com                           Week 30   29•July•2021
   3   4   5   6   7   8   9   10   11   12   13