methane

The company says its methane intensity has gone down by more than 50% since 2016.

Experts speaking at a climate conference in London noted that the technology to detect leakages from oil and gas has been ramping up in the past 5 years, making mitigation feasible.

Chevron assets in Texas and Colorado have earned high marks for control of methane emissions under a pilot program with Project Canary, paving the way for its sale of responsibly sourced gas.

The oil giant launched its Bakken crypto pilot in January 2021 and now is considering expanding it to Nigeria, Argentina, Guyana, and Germany, according to people familiar with the matter.

The agency’s new Global Methane Tracker analysis reports that methane emissions from the energy sector are 70% higher than official figures.

Pennsylvania regulators have released a long-awaited final draft of rules to cut releases of methane from the state’s existing oil and natural gas well sites, but they will still not require companies to find and fix leaks at tens of thousands of low-producing wells.

Methane continues to escape at a high rate from oil and gas operations in the Permian Basin, according to an aerial survey that detected major methane plumes from 40% of 900 sites that were measured.

The international consultancy has agreed with Russia’s Rosneft to evaluate the state-owned major’s carbon capture potential.

Decarbonization has become the catch-all term for climate action. But, while carbon dioxide is the biggest contributor to global warming, the case for tough action against methane emissions, known as "demethanization," is literally becoming clearer by the day.

The Oil and Gas Climate Initiative has reduced its collective upstream methane and carbon intensity targets for 2025. Together, the revisions to these targets would bring an additional reduction of around 50 million tonnes of CO2 equivalent per year.