There are tens of thousands of old oil and gas wells on federal lands nationwide, and at least another 130,000 on state and private lands, according to department officials.
“A” grade was awarded by independent certifier after reviewing Exxon's methane emission management programs.
Biden’s proposed methane rule has come under fire for excluding smaller oil and gas wells—those deemed to produce less than three tonnes of methane a year—from regular inspections.
However, trustees for New York City police and firefighter pension funds with a combined $70 billion will vote “against” the measures that effectively call for no new oil or gas lending, Assistant Comptroller Michael Garland said in an interview.
Dutch environmental activist group Milieudefensie warned Shell's board of directors of the consequences of failing to comply with a court ruling to deepen the company's greenhouse-gas emission reductions, which Shell is in the process of appealing.
The company is rolling out its P&A operations in the Rockies, where a large market and regulatory mandates are driving demand for decommissioning services.
Uncertainty hovers over long-term natural gas demand forecasts, particularly in Europe, says Bechtel executive.
BKV Corp. announced the release of its first sustainability report following its recent advancements in sustainable energy solutions, including reaching net-zero Scope 1 and 2 emissions by 2025.
Led by industry veteran Doug Dormer, Cardinal Midstream Partners is focused on natural gas gathering and processing and congruent carbon capture and sequestration acquisition and development opportunities across North America.
The $6.4 billion program requires states to develop plans to reduce transportation emissions and distributes money through a formula developed for state and local governments.