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…
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…
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…
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…
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 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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