Known as the Texas Methane and Flaring Coalition, the new group will collectively identify and promote operational and environmental recommended practices to minimize flaring and methane emissions.
Barclays, one of the biggest lenders in Europe to the fossil fuel industry, on March 30 set itself a target to reach "net zero" for its own carbon emissions and the activities it finances by 2050.
State agency’s policy would halt development of new natural gas plants.
An activist group has withdrawn a shareholder resolution urging BP to adhere to the Paris climate agreement after the oil and gas company agreed to work together on a joint resolution.
The Environmental Defense Fund has teamed up with industry experts and scholars to launch a methane-detecting satellite within two years, aiming to cut 45% of emissions from oil and gas facilities by 2025.
The credit can be a significant source of cash and key to funding expensive innovation projects.