Emission management

The upstream oil and gas sector alone could cut as much as 4% of global greenhouse-gas emissions, according to a report from McKinsey. But this will take worldwide cooperation among industry players and capital investors.

This paper examines how data-science-driven work practices can result in substantial reductions in methane emissions compared with other leak-detection and -repair methods.

The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming but dismissed the 2021 ruling that ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared with 2019 levels, including those caused by the use of its products.

Analysis by S&P shows that the annual growth in absolute emissions was less than 1% for the third consecutive year.

As the initiative expands to include Oil India Limited, PetroChina, and Vår Energi, it identifies a need for standardized methodologies to enhance data quality and consistency.

Operator also announces plans to deploy continuous, real-time detection equipment at all its operated upstream sites, including GranMorgu, by the end of 2025.

The rule, part of the Inflation Reduction Act established by Congress, allows the Environmental Protection Agency to charge large emitters of methane if they surpass specific levels.

The US Department of Energy presented the loan to LongPath Technologies to support the buildout of a high-frequency methane emissions monitoring network in US oil and gas production basins.

In this exclusive Q&A, Giovanni Cristofoli, senior vice president of bp Solutions, shares insights into how his team is redefining operational strategies and fostering agility to bridge competitive gaps and enhance efficiency. Highlights include the integration of digital tools, data science, and a unified approach to tackling complex problems.