Related Articles
Emission controls are an urgent matter
Forward article link
Share PDF with colleagues

US oil sector champions methane controls

Biden administration hopes to fast-track emission restrictions, a popular measure among many large-cap operators

The US oil patch is getting behind a Democrat effort to reimpose regulations on methane emissions. Operators including ExxonMobil, BP, Shell, Total, US independent Occidental Petroleum and Norway’s Equinor all back reinstating limits. Former president Donald Trump revoked regulations last year, despite disapproval among many major operators. But after a year of poor revenue returns, companies waking up to ESG investor concerns and a new president pledging to reduce greenhouse gas emissions (GHGs) by up to 52pc by 2030, emission controls are again an urgent matter.   The shale patch hopes natural gas will serve as an important bridging fuel for the energy transition—especially given forecas

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
North Sea independents aim to reap carbon footprint benefits
3 December 2021
Two of the basin’s larger producers consider ways to cash in on relatively greener production
Southeast Asian NOCs take different paths
3 December 2021
Petronas, PTT and Pertamina are pursuing divergent strategies after coming to dominate the region’s upstream in recent years
Aramco back to petchems drawing board
3 December 2021
The Saudi heavyweight’s international downstream expansion strategy will need another reboot
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video