Emissions News

 

Methane Emissions from U.S. Shallow Offshore Platforms Exceed Those on Land, Study Finds

Aug 12, 2022

Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than those from drilling on land, according to research published on Thursday.The study, by researchers at non-profit Carbon Mapper…

U.S. Climate Bill Exempts most of Oil Industry from Methane Fees

Aug 09, 2022

The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the powerful greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review…

Neptune Energy Joins OGCI's Zero Methane Emissions Initiative

Jul 06, 2022

Oil and gas company Neptune Energy has joined OGCI's Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030.  Developed by the Oil and Gas Climate Initiative (OGCI), the initiative aims…

Exxon, Chevron Shareholders Back Energy Transition Plans

May 26, 2022

Shareholders of Exxon Mobil Corp and Chevron Corp on Wednesday voted in favor of the energy transition strategies proposed by the two largest U.S. oil producers, following similar support of European oil firms' climate plans.Major oil producers…

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

May 24, 2022

Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: tracking carbon emissions for the oil, gas, refined metals, and concentrates sector.The companies…

TotalEnergies Launches Global Drone-based Methane Inspection Campaign on All Upstream Assets

May 16, 2022

French oil major TotalEnergies said Monday it had launched a worldwide drone-based emissions detection and quantification campaign across all its upstream oil & gas operated sites, to identify, quantify, and reduce methane emissions linked to its operations…

BP Wins Shareholder Support for Climate Strategy

May 13, 2022

BP shareholders on Thursday backed the energy company's climate strategy, while fewer investors than last year supported a resolution filed by an activist group urging faster action to battle climate change.The vote at BP's annual general meeting…

Deals Shifting Oil, Gas Fields Away from Climate Committed Firms to Those Without Them On the Rise

May 10, 2022

Deals in which oil and gas assets move from companies with climate goals to companies without such goals are on the rise, according to a study by the U.S. non-governmental organization Environmental Defense Fund.A company shifting polluting…

Climate Activist Sees More Shareholders Pressing ConocoPhillips on Emissions

Apr 13, 2022

An activist shareholder who last year convinced a majority of ConocoPhillips investors to approve a measure calling for emission cuts said the oil major did not fully follow through and said he expects to win even more support this year for a similar proposal…

Mexico Flared Record Levels of Gas in 2021 - Study

Mar 22, 2022

Flaring by the energy sector in Mexico hit record levels last year while the number of sites where gas is burnt off also rose despite government pledges to reduce such activity, research by a leading team of scientists showed.The practice releases carbon dioxide…

KCA Deutag to Help Equinor Cut Emissions, Energy Consumption at Cat J Jack-up Rigs

Mar 15, 2022

Oil and gas drilling and engineering firm KCA Deutag has secured a contract with Equinor to carry out an energy optimization project for two CAT J jack-up drilling rigs, the Askeladd and Askepott, in the Norwegian section of the North Sea. The project…

Schlumberger's SEES Aims to Eliminate Oil and Gas Industry’s Methane and Routine Flare Emissions

Mar 09, 2022

Oilfield services company Schlumberger has this week launched a dedicated business aimed at tackling methane and routing flare emissions from oil and gas operations.The company said that the business, named Schlumberger End-to-end Emissions Solutions (SEES)…

UK Offshore Flaring Volumes Drop to Lowest on Record, Regulator Says

Mar 04, 2022

UK North Sea production platforms reduced their flaring by 6 billion cubic feet (bcf), to 26 bcf, a reduction equivalent to the annual gas demand of 130,000 UK homes, the UK Oil and Gas Authority said Friday.A city with 130,000 homes would be similar in size to Aberdeen…

Rosneft Sets Goal to Achieve Net-zero Emissions by 2050

Dec 21, 2021

Russia's largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net-zero emissions by 2050, earlier than President Vladimir Putin's deadline.Climate scientists have said…

UK North Sea: Shell Scraps Plans to Develop Cambo Oil Field

Dec 03, 2021

Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oil field in the British North Sea, which became a lightning rod for climate activists seeking to halt the development of new oil and gas resources.Following 'comprehensive screening' of the Cambo field…

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