The Latest

McKinsey: Big GHG Mitigation Opportunities for Upstream Sector

Consulting firm McKinsey & Co. says a cooperative effort of upstream oil and gas companies could reduce the world’s emissions by 4% by 2030.

Don’t Get Distracted by Emissions Politics, Energy Executives Say

Eyeing profit with a keep-it-in-the-pipe mentality, executives’ thoughts are on lowering emissions, getting premiums and producing compliance-ready molecules for the EU.

Baker Hughes, SOCAR Partner to Limit Flaring at Azerbaijan Oil Refinery

Baker Hughes and SOCAR expect to recover flare gas equivalent up to 7 million normal cu. m of methane per year and further reduce CO2 emissions by up to 11,000 tons per year.

Biden-Led EPA Rolls Out Methane Fee Targeting Oil, Gas Emitters

Companies violating the new Environmental Protection Agency rules will start paying penalties next year based on methane emissions reported in calendar year 2024.

Andium’s Thermal Methane Tech Takes Oilfield from Dark Age to Golden Future

Andium Founder and CEO Jory Schwach took the oilfield out of the dark ages of using carbon paper to monitor tank levels with his AI thermal camera. Now he foresees more growth after completing the company’s latest funding round.

NatGas Powerhouse EQT Reaches Net Zero Feat Ahead of Schedule

EQT says it lowered Scope 1 and Scope 2 greenhouse gas emissions by more than 900,000 tons.

LongPath Technologies Secures DOE Loan to Expand Emissions Monitoring Network

LongPath aims to construct and install more than 1,000 remote monitoring towers across oil and gas basins including the Permian, Denver-Julesburg and Anadarko.

Hilcorp Fined $9.4MM Over San Juan Basin Fracking Emissions

Private E&P Hilcorp Energy will pay a $9.4 million civil penalty stemming from natural gas fracking operations in New Mexico’s San Juan Basin.

Energy’s Election Stakes: Regulations, Bureaucracy, Permitting

Oil and Gas Investor assembled a group of seven oil and gas executives, policy advocates and other experts to talk about what’s really at stake in the November election and the many challenges facing the energy sector, regardless of who wins.

Romito: Beware the Environmental NGO ‘Emissions Police’

Non-governmental organizations are effectively functioning as an unchecked extension of the executive branch.