greenhouse gas emissions – Oil & Gas 360

Energy NL opposes federal emissions cap, citing serious impact and concerns

January 10, 2025

(World Oil) – Energy NL has made a submission to the Government of Canada Gazette 1 consultation process on the proposed Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations and has asked the federal government to abandon the regulations. According to the submission, the regulations sidestep the Atlantic Accord and will effectively cap offshore oil production and greatly impact the

US oil executives expect faster permitting under Trump, says Dallas Fed

January 2, 2025

(Investing) – HOUSTON -U.S. energy executives expect faster permitting times for drilling on federal lands under President-elect Donald Trump, according to a Federal Reserve Bank of Dallas survey released on Thursday. The overall outlook brightened and activity levels increased while uncertainty declined in the final quarter of 2024, according to a December survey of 134 energy firms in Texas, Louisiana and

Investor group sets tough climate blueprint for Big Oil

September 15, 2021

Reuters LONDON – Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and a winding down of oil and gas production. The unprecedented initiative – dubbed the Net Zero Standard for Oil and Gas – details 10 required standards to help money

Exxon to begin certifying some shale gas emissions amid investor pressure

September 7, 2021

Reuters HOUSTON- Exxon Mobil Corp on Tuesday said it will begin measuring methane emissions from production of natural gas at a New Mexico facility, joining a number of shale gas producers seeking to provide the data to buyers. The largest U.S. oil company, under pressure from investors and environmentalists to address climate concerns, follows shale producers including EQT Corp in

IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy

June 18, 2020

CNBC The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic. The Sustainable Recovery report, published Thursday, is designed to present world leaders with cost-effective measures that could be implemented from 2021 through to 2023. It sets

The coronavirus crisis means we may have already reached peak carbon

April 20, 2020

CNBC The coronavirus crisis will likely lead to the largest ever decline of global carbon emissions on record, according to research from Goldman Sachs, illuminating the potential for a long-term low carbon recovery. The Covid-19 outbreak has meant countries around the world have effectively had to shut down, with many governments imposing draconian restrictions on the daily lives of billions

Europe’s energy giants turn greener, but paths and targets diverge

March 2, 2020

Reuters LONDON – Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope, timelines and detail, making them hard for investors to compare. Graphic: European oil companies – share of global consumption – here And what does this mean, say, for

Bloomberg’s Energy Policy makes sense for a billionaire. Does it make sense for you?

February 18, 2020

Forbes As he rises in the polls and publicity, it is important to examine the implications of Michael Bloomberg’s energy and environment policy. Is it feasible? How would it impact the US economy? What would it mean for the bank accounts of Americans? What would it mean overall to our greenhouse gas emissions and the environment? Since Bloomberg has not

Schlumberger joins UN-sponsored program to reduce greenhouse gas emissions

December 20, 2019

Houston Chronicle The world’s largest oilfield service company plans to join a United Nations-sponsored program to reduce greenhouse gas emissions. In a Thursday afternoon statement, Schlumberger reported that it plans to join Science Based Targets, an emission reduction program sponsored by the U.N. Global Compact program, the London-based Carbon Disclosure Project, Washington, D.C.-based World Resources Institute and Switzerland-based World Wildlife

API: Oil and Gas Industry’s $90 Billion Investments are a “Driving Force” in Emissions Reduction

September 23, 2015

Oil and gas sector leading the way emissions technology investments from 2000 to 2014 Since 2000, the oil and gas industry has invested more capital in carbon emission technologies than the automotive, electric utilities and agriculture processor sectors combined, according to a new study commissioned by the American Petroleum Institute (API). From 2000 to 2014, the oil and gas industry has

Exclusive interview Oil & Gas 360 - Wyoming Governor Matt Mead

An OAG360® Exclusive: Interview with Matt Mead, Governor of Wyoming

April 10, 2015

“Energy prices touch everything we do.” Listen to the interview Wyoming is the most energy intensive state. It’s the largest U.S. coal producer, producing about 40% of total coal mined per year in the U.S. It’s the country’s eighth most productive oil state, and it’s sixth in natural gas production. This week Oil & Gas 360® had an opportunity to talk

Coal to Gas: China and U.S. to Share Energy Technologies

July 9, 2014

In the context of a new climate change summit in Beijing, the U.S. and China have signed eight partnership pacts to promote the exchange of research and technology for greenhouse gas-cutting initiatives, the International Business Times reported. “In one of the agreements, China’s Huaneng Clean Energy Research Institute, a subsidiary of the state-owned utility China Huaneng Group (ticker: HNGZ:CH), agreed

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