greenhouse gas

ExxonMobil, Chevron and Shell Events Said to Underscore Value of ESG Initiatives

ExxonMobil, Chevron and Shell Events Said to Underscore Value of ESG Initiatives

The trio of events that appeared to upset the status quo last Wednesday at ExxonMobil, Chevron Corp. and Royal Dutch Shell plc demonstrates increasing risks ahead for oil and natural producers as they transition for the new energy world ahead, according to analysts. Shareholder votes at the annual general meetings for ExxonMobil and Chevron, as…

May 29, 2021
Stricter Methane Limits Expected for Oil, Natural Gas as Senate Votes Against Trump-Era Rollback

Stricter Methane Limits Expected for Oil, Natural Gas as Senate Votes Against Trump-Era Rollback

Potentially clearing the way for stricter regulations for oil and natural gas operations, the U.S. Senate on Wednesday passed a resolution to undo the Trump administration’s rollback of methane emissions standards. By a 52-42 roll call vote divided largely along party lines, passage of Senate Joint Resolution 14 signaled disapproval under the Congressional Review Act,…

April 29, 2021
Natural Gas Said ‘Part of the Solution’ as Biden Pledges to Halve US GHG Emissions

Natural Gas Said ‘Part of the Solution’ as Biden Pledges to Halve US GHG Emissions

Energy stakeholders endorsed President Biden’s strengthening of U.S. climate change commitments on Thursday, but they also stressed the importance of natural gas in achieving deep decarbonization of the economy. Biden said Thursday the United States will target a 50-52% reduction in economy-wide greenhouse gas (GHG) pollution by 2030 versus 2005 levels. The announcement, made during…

April 23, 2021
FERC Adopts GHG Review in Natural Gas Order; Danly Warns of ‘Profound Consequences’ for Industry

FERC Adopts GHG Review in Natural Gas Order; Danly Warns of ‘Profound Consequences’ for Industry

FERC has for the first time incorporated a review of climate change impacts in a natural gas certificate decision, sparking a contentious debate among the commissioners over the major policy implications for future infrastructure projects under its purview. In a decision handed down during the Federal Energy Regulatory Commission’s open meeting last week, the agency…

March 23, 2021
EDF-Led Study Finds ‘Exceptionally High’ Methane Emissions in Mexico Oil, Gas Operations, Exceeding Government Estimates

EDF-Led Study Finds ‘Exceptionally High’ Methane Emissions in Mexico Oil, Gas Operations, Exceeding Government Estimates

Processing facilities in Mexico’s oil and natural gas patch are emitting “exceptionally high levels of methane pollution” at 10 times the rate being reported by the government, according to a new study led by the Environmental Defense Fund (EDF). The study tracked emissions of the potent greenhouse gas across the states of Chiapas, Tabasco, Veracruz…

January 28, 2021