Major Oil Companies Aim for Zero Methane Emission by 2030

"We recognize that eliminating methane emissions from the upstream oil and gas industry represents one of the best short-term opportunities for contributing to climate change mitigation and for advancing the goals of the Paris agreement,” OGCI Chair Bob Dudley said in a statement.

Reuters

A group of the world's top oil companies, including Saudi Aramco, Shell and Exxon Mobil, said on March 8 that it has committed to cut fugitive emissions of methane, a potent greenhouse gas, to near zero by 2030.

The decision by Oil and Gas Climate Initiative (OGCI), which includes 12 of the world's largest oil and gas company follows calls by governments at the Glasgow COP26 climate summit last year to reduce methane emissions by 30% by 2030.

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