Some companies in carbon-intensive sectors, including oil major ExxonMobil Corp., have already begun reporting Scope 3 emissions, amid pressure from investors and climate campaigners.
The oil major is developing "comprehensive roadmaps to reduce greenhouse gas emissions" from its operated assets around the world, Exxon's Chairman and CEO Darren Woods, said in a statement.
An approved independent assessment body assessed EQT's ESG performance and methane emissions at roughly 200 well pads located in Greene and Washington Counties, Pennsylvania.
IEA Director Fatih Birol praised Canada's efforts so far to cut carbon emissions but said further work was needed.
Lucid Energy Group received EPA approval on Jan. 11 for its plan for the sequestering of CO₂ from its Red Hills gas processing complex in New Mexico’s Lea County.
In the power sector, high natural gas prices led to a 17% rise in coal generation in the U.S.—the first increase since 2014—which drove up emissions.
The U.S. oil sector looks set for a boom year under President Joe Biden—it could be the largest oil producer and LNG exporter in 2022. Here is a deeper look at that and other big questions the energy sector is facing for the year ahead.
Nicholas Fulford, senior director of energy transition for Gaffney Cline, discussed how investments in sequestration technology and supporting legislation while drive favorable carbon economics in 2022.
As investors and lawmakers push the oil industry to lower its carbon emissions, this drillsite and others run by Civitas Resources offer one model for drillers looking to migrate to low- or no-carbon emissions operations.
Chesapeake Energy is the first shale producer to certify Haynesville natural gas operations jointly under the MiQ methane standard and the EO100 standard for responsible energy development, according to a company release.