QatarEnergy joins methane reduction initiative
Firm joins other oil and gas giants in drive to reach near-zero methane emissions from operated assets by 2030
State-owned QatarEnergy has become the first new company to join an industry initiative to eliminate methane emissions by 2030. The Aiming for Zero Methane Emissions Initiative has twelve existing signatories including oil and gas firms Saudi Aramco, BP, Chevron, CNPC, Eni, Equinor and ExxonMobil. The initiative was launched by industry consortium the Oil and Gas Climate Initiative and aims to reach “near-zero” methane emissions from operated oil and gas assets by 2030. The signatories hope to achieve this by further developing the measuring and reporting of methane emissions, improving leak detection and repair and eliminating routine venting and flaring. “We are reaffirming Qatar’s priorit
Also in this section
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology