Halting methane releases is one of the most effective ways for the oil and gas industry to combat climate change. An International Energy Agency report released Tuesday also suggests it’s one of the cheapest.
Final day showdowns, mid-table mediocrity, relegation battles, underdogs, six-pointers – all things associated with the highs and lows of league sport.
Last month, a satellite flew over the dry, arid landscape of South Australia state’s Cooper Basin and spotted a large cloud of the super potent greenhouse gas methane.
Australia joined the Global Methane Pledge, becoming one of the last major developed economies to sign on to an effort to reduce emissions of the potent greenhouse gas 30% from 2020 levels by the end of this decade.
Malaysia’s Petronas, along with Japanese companies Sumitomo and Tokyo Gas, will carry out a feasibility study to establish a supply chain of ‘carbon neutral methane’ to Japan.
A short time ago, I was at an event in Brussels, talking about the role of natural gas. And there was a gentleman there who didn’t want to engage with our industry at all. At one point he asked me if I was ashamed of my work and said that talking about the future of gas was just our industry looking for a lifeline. He is just one person who sees gas as a problematic energy source. Sadly, he is one of many.
President Joe Biden launched an assault on methane Tuesday, declaring that reducing emissions of the heat-trapping gas is one of the most important steps that can be taken to curb global warming.
As leaders at the United Nations climate summit in Glasgow, Scotland, thrash out how to rein in catastrophic levels of global warming, one of the most important deals is taking place on the sidelines.
Increasing pressure is being put on upstream operators to decarbonise their operations, from investors, the regulator and the wider public. But while North Sea energy companies are moving to cut emissions, they still have challenging assets on their hands.
The UK Government has said its environmental standards are “among the highest in the world” after allegations it has neglected a methane leak for 20 years.
The executive chairman of unmanned aerial vehicle firm FlyLogix said it is “very fortunate” to have enjoyed success in recent months despite the Covid-19 pandemic.
BP ventures has invested $5 million in a cloud-based geospatial analytics software company that monitors environmental changes, including methane emissions.
An Exxon Mobil Corp. natural gas well in Ohio released more methane into the atmosphere during a blowout in 2018 than some countries do in a year, according to a team of American and Dutch scientists.
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.