Natural gas utilities are growing renewable natural gas (RNG) programs to meet sustainability goals and customer interest. At the other end of the supply chain, producers are working to complete projects and boost supplies of the low-carbon fuel. NGI reviewed the fourth quarter 2023 results for some of the top players in the RNG industry…
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Shell to Expand LNG Trading, Carve Out Lower Emissions through AI and Efficiencies
Shell plc upended its energy transition strategy on Thursday, citing lower power sales and stronger demand for natural gas, but it still expects to reach net-zero carbon emissions by 2050. Under pressure from investors to focus on the core oil and natural gas business, the London-based major updated its carbon reduction ambitions in the Energy…
Montreal Preparing to Ban Most New Natural Gas Hookups in Next Two Years
Following the example of some U.S. municipalities, Montreal plans to begin imposing restrictions in October 2024 on new natural gas, propane and oil-burning hookups in an effort to reduce greenhouse gas (GHG) emissions. The local government rules would ban fossil fuel cooking and heating as of next October from new residential buildings up to three…
Mexico’s Pemex Looks to Join Latin American Peers with Decarbonization Strategy
Mexico’s state oil and natural gas giant Petróleos Mexicanos, or Pemex, is working to improve its environmental, social and governance (ESG) scorecard. The company has hired an external consultant to devise a plan focused specifically on reducing emissions. The plan would also assess alternative sources of revenue that could include lower carbon options. Pemex is…
Flared and Vented Natural Gas to Find ‘Value-Added’ Use Via New Technologies Through DOE Funding
The U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management has set aside up to $30 million to develop technologies that would convert the wasted natural gas that is flared and vented at production sites into sustainable fuels and chemicals. “The United States relies heavily on domestic natural gas for residential, commercial…
Colorado OKs Natural Gas, Oil Methane Emissions Rules
Colorado regulators have unanimously approved natural gas and oil emissions standards, increasing oversight on the state’s exploration and production (E&P) companies. The Colorado Air Quality Control Commission (AQCC) rules define how E&Ps will calculate greenhouse gas intensity and how to monitor operations. The rules are expected to provide an accurate ratio of a facility’s emissions…
Some U.S. E&Ps Said Far Ahead of Others in Cutting Oil, Natural Gas Emissions
U.S. oil and natural gas producers cut methane and overall greenhouse gas (GHG) intensity significantly in 2021, according to the latest analysis of publicly available data by the Clean Air Task Force (CATF) and its partners. The intensity of both, or a measure of emissions relative to production, declined by roughly 30% between 2019 and…
G-7 Leaders Back ‘Important Role’ of Natural Gas in Confronting Energy Challenges
Heads of state from the Group of Seven (G7) economically advanced nations emphasized the need to “accelerate the phase out of our dependency on Russian energy” in a statement this weekend at the conclusion of a summit held in Hiroshima, Japan. Stressing “the global impact of Russia’s war on energy supplies, gas prices and inflation,…
Alberta’s Conservatives Adopt Net-Zero GHG Goals, Cite Natural Gas as Global Pathway
Facing a provincial election by late May, the United Conservative Party (UCP) government of Alberta has formally adopted the Liberal Canadian administration’s goal to reach net-zero greenhouse gas (GHG) emissions by 2050. The 66-page Alberta Emissions Reduction and Energy Development Plan was endorsed by UCP Premier Danielle Smith. The UCP accepted the carbon reduction target…
EQT, Context Looking to ‘Credibly Validate’ Entire Natural Gas Value Chain
EQT Corp., the largest natural gas producer in the United States, is partnering with Context Labs to commercialize verified low-carbon intensity natural gas products and carbon credits. Context Labs offers decarbonization as a service, or DaaS, using technologies to certify emissions profiles and help progress mitigation across the natural gas value chain. Technologies include distributed…