Montrose Environmental Group acquired Canadian emissions management firm GreenPath Energy. (Source: Shutterstock)
Environmental solutions company Montrose Environmental Group Inc. announced on May 8 the acquisition of Canadian emissions management firm GreenPath Energy Ltd. Terms of the transaction were undisclosed.
As part of the agreement, Greenpath’s leadership, including President Joshua Anhalt, will be incorporated into Montrose’s measurement and analysis segment.
GreenPath provides oil and gas companies methane emissions detection, measurement, reduction and elimination solutions and services.
“For energy producers, it is often hard to understand the problem of fugitive emissions and where to direct their resources,” said Montrose’s Terence Trefiak, senior vice president of leak detection and repair, North America. “Working together, we will be able to better track, manage, eliminate and reduce fugitive emissions, which supports clients with regulatory compliance, ESG and moving toward a low carbon economy.”
Recommended Reading
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
2024-09-11 - The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.
US Oil Firms Evacuate Staff, Cut Drilling Ahead of Storm Francine
2024-09-09 - Francine is moving toward U.S. Gulf of Mexico waters and predicted to become the fourth hurricane of the Atlantic season.
Oil Prices Jump 4% on Reports of Iran Preparing to Attack Israel
2024-10-01 - An Israeli attack on Iranian oil production or export facilities could cause a material disruption, potentially more than a 1 MMbbl/d.
EQT Plans to Reverse Some US Natgas Production Curtailments in Oct, CEO Says
2024-09-25 - EQT, the biggest U.S. natural gas producer, has along with other U.S. drillers curtailed output in 2024 after prices collapsed to multi-year lows in the spring following a mild winter that left a tremendous oversupply of fuel in storage.
Oil Falls as Swelling US Supply Counters Middle East and Hurricane Risks
2024-10-09 - Oil fell on rising U.S. crude inventories but the risk of supply disruption from the Middle East and Hurricane Milton curbed price declines.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.