Emissons News

 

Over 75% of Oil and Gas Production in US Gulf of Mexico Has Lower GHG Intensity than Average, Reports S&P Global

Jul 13, 2023

According to a new S&P Global Commodity Insights report, more than three-fourths of all oil and gas production in the United States Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average. GHG intensity from shallow water shell production was shown to be more than twice as high, on average, as deepwater.The report shows that the average GHG intensity of production in the U…

Pemex's Environmental Record Puts Funding in Jeopardy

Dec 27, 2022

Mexican state oil company Petroleos Mexicanos (Pemex) said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat. Investors…

Scientists Find Massive Methane Leak at Pemex Gulf of Mexico Oil Field

Jun 10, 2022

Mexican state oil company Petroleos Mexicanos released thousands of tons of methane gas into the atmosphere from an oil and gas platform in the Gulf of Mexico last December, research published on Thursday by the European Space Agency (ESA) showed…

EU Drafts Plan to Cut Methane Emissions from Oil and Gas Industry

Nov 23, 2021

The EU has drafted legislation to reduce methane emissions by forcing oil and gas companies to report their output and find and fix leaks of the gas that is the second-biggest cause of climate change, according to a draft seen by Reuters on Monday…

VIDEO: Drones Used to Measure Methane Emissions from Offshore Platform in North Sea

Nov 02, 2021

Oil and gas company Neptune Energy on Tuesday said it had completed a first-of-its-kind collaboration with Environmental Defense Fund (EDF) to measure methane emissions on a working UK offshore platform using advanced drone technologies. Methane…

Equinor Urges Shareholders to Reject Activist's Emissions Targets Proposal

Apr 19, 2021

Equinor urged its shareholders on Monday to reject a proposal by an activist group to set intermediate targets for reducing emissions from the use of its energy products.The majority state-owned company has pledged to boost investment in renewables…

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