emissions
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The Oil and Gas Climate Initiative says its members’ absolute upstream methane emissions were down 40% since 2017. That’s equivalent to taking more than 3 million cars off the road for a year.
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Data from member companies reveals an increased intensity in greenhouse-gas emissions for 2021. And, while flaring increased, too, long-term trends on that practice are clearly moving downward.
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A duo of deals sees BP snapping up a US biogas producer, while TC Energy invests in producing biogas from Jack Daniel's byproducts.
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The guidance is intended to clarify for industry what is expected of projects going through federal regulatory assessment.
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A just-launched publicly available database translates reserves and production data into greenhouse-gas emissions as CO2 equivalents. It was built using data from more than 50,000 fields in 89 countries, which covers about 75% of global reserves, production, and emissions.
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Another day, another deal for ProFrac.
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Plenary panelists at URTeC offer possibilities as society looks to bridge today’s reality of hydrocarbon usage with tomorrow’s promise of carbon-free energy.
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The rule would require publicly traded companies to report not only their greenhouse-gas emissions but also their approach to managing climate change, likely setting up a long legal fight.
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Seven years, and we’re on track to exceed the 1.5°C target established by the Paris Agreement in 2015 to limit global warming by 2030. Instead, we may be turning up the heat to 3.0°C. And in this case, doubling the wager does not hold potential for greater rewards. A recent report addressed the costs of technologies for emissions mitigation and their likelihood of mak…
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