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Concentration of methane in the atmosphere is rising rapidly
Markets
Paul Hickin,
Editor-in-chief
24 May 2023
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Tackling methane a ‘no-brainer’ for oil and gas industry, says IEA’s McGlade

Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate

Reducing methane emissions seems a win-win for the oil and gas industry. Rather than being seen as a costly headache, approaches and attitudes are shifting given the potential to save money and cut wasted energy. It is also coming on to the radar more after having been something of a blind spot due to the attention given to decarbonisation and the lack of appreciation as to how the two issues fit together. Petroleum Economist spoke to the IEA’s methane specialist, Christophe McGlade, in an exclusive interview on the trajectory of the methane challenge and where we go from here. Christophe McGlade, IEA methane specialist Do you think met

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Oil demand ramps up air miles
23 June 2025
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks
Letter from the Middle East: Iran-Israel war risks dire straits
23 June 2025
A blockade of the Strait of Hormuz would have reverberations that would sound around the world

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