Emissions News

Canada Unveils Cap and Trade System for Oil and Gas Emissions

Dec 07, 2023

Canada on Thursday unveiled a plan to limit emissions from the oil and gas sector using a cap and trade system starting in 2026, a step toward fulfilling a government pledge to cut emissions in the country's most polluting sector.Under the proposal…

FOCUS-How Shipping More US Natural Gas to Europe Helped Fuel CO2 Pollution

Nov 08, 2023

Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since 2019, adding a volume of greenhouse gas to the atmosphere equivalent to that produced by several big coal plants, according to United States government data…

Global Fossil Fuel Production Plans Far Exceed Climate Targets, U.N. Says

Nov 08, 2023

Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said on Wednesday.The United Nations Environment Programme's (UNEP) report…

Eni Partners with SLB to Measure, Combat Methane Emissions

Oct 30, 2023

Italian energy company Eni has tapped SLB (ex-Schlumberger) to deliver comprehensive fugitive methane emissions measurement and reporting plans for Eni’s global operating facilities.According to SLB, the project, which is already in progress…

UAE's Jaber Urges Pre-COP28 Summit to Align on Fossil Fuel, Renewables Language

Oct 30, 2023

The United Arab Emirates President of COP28 said on Monday he was aware countries had strong views about including language on fossil fuels and renewables in the negotiated text of the UN climate summit but that common ground must be found.'I…

UK, Italy's Eni Agree Carbon Capture Project Rules

Oct 17, 2023

Italy's Eni said on Tuesday it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage (CCS) projects under development in the country.Eni is the carbon…

Energy-starved Africa Needs Fairer Climate Treatment: OPEC Sec Gen

Oct 17, 2023

Africa should be treated fairly while addressing global climate challenges as the continent contributes the smallest share to green house gas emissions globally, OPEC Secretary General Haitham Al Ghais said on Tuesday.Addressing an energy conference in Cape Town…

Norway Wealth Fund Tells Companies to Plan for Climate Transition

Sep 15, 2023

Norway's $1.4 trillion sovereign wealth fund, the world's largest, revealed stricter demands on Friday for how companies it invests in should handle climate risk, telling boards to move from target setting to transition planning.The fund, which…

World Needs $2.7 Trillion Annually for Net Zero Emissions by 2050-Wood Mackenzie

Sep 15, 2023

Global investment of $2.7 trillion a year is needed to achieve net zero emissions by 2050 and avoid temperatures from rising above 1.5 degrees Celsius this century, a report by consultancy Wood Mackenzie said on Thursday. Scientists have said…

Port of Aberdeen's Shore Power Project to Dramatically Cut Vessel Emissions

Sep 14, 2023

Port of Aberdeen said Thursday it had been awarded funding from the UK Government for a multi-million-pound project to design and deliver the first large-scale landside and vessel-side shore power system in Scotland.'The demonstrator project…

GHG Emissions from UK Offshore Oil and Gas Sector Dropped 3% in 2022, NSTA Says

Sep 06, 2023

Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022, the UK North Sea Transition Authority said Tuesday.'Last year’s estimated 3% reduction contributed to a 23% drop in greenhouse gas emissions between 2018 and 2022…

Polish Firm to Become Operator of Barents Sea CO2 Storage License

Sep 06, 2023

Norwegian carbon storage specialist Horisont Energi and the oil and gas firm PGNiG Upstream Norway (PUN), part of Poland-based ORLEN Group, have signed a Letter of Intent (LoI) whereby PUN aims to enter as partner and operator in the only CO2 licence in the Barents Sea - Polaris…

BP's Looney Holding His Nerve over Energy Transition Plan

Sep 05, 2023

BP CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output…

System Built for Mars Operations Used for Offshore Methane Emissions Detection

Aug 16, 2023

Technology first developed by the NASA Jet Propulsion Lab (JPL), which is being used to detect offshore methane emissions, is to be showcased at SPE Offshore Europe 2023 in Aberdeen next month.SeekOps, the US-based sensor company, has deployed its drone-agnostic SeekIR solution…

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