Policy & Regulations , Emissions , Energy Transition

Hess Inks $750 Million Carbon Credit Deal with Guyana

Hess Corp. inked a long-term strategic partnership with the government of Guyana to purchase carbon credits as part of a plan to prevent deforestation and support sustainable development in one of the world’s most heavily forested regions.

December 5, 2022

International , Emissions , ESG

Asia-Pacific Region Seen as Key in Global Decarbonization Push

As of 2020, 11 major Asia Pacific (APAC) countries were responsible for 52% of global CO2 emissions, and they’re expected to continue increasing through 2030, according to Goldman Sachs.

December 2, 2022

Legislation , Emissions , ESG

How E&Ps’ ESG Disclosures Fare Ahead of SEC Proposals

Haynes Boone partner Stephen Grant explained how forthcoming regulations from the U.S. Securities and Exchange Committee will affect how public oil and gas companies implement ESG metrics into their businesses.

November 30, 2022

Investment , Emissions , Energy Transition

Could Carbon Capture be Mission Impossible?

CCUS has the potential to decarbonize 45% of remaining emissions from carbon-intensive industries, according to McKinsey & Co. research, but achieving that level of reduction is mission impossible with the current level of investment.

November 29, 2022

Emissions , Energy Transition

China's CO2 Emissions Fall But Policies Still Not Aligned with Long-term Goals

While China has reached landmarks in implementing clean energy and electric vehicles, it is still behind in using cola-fired power, iron and steel.

November 21, 2022

Emissions , Energy Transition , Technology

Decarbonization Technology Drives Energy Transition Investment

Former BP chief and 8 Rivers Capital CEO share insight on decarbonization investments as well as problems and solutions to lowering emissions.

November 17, 2022

Exploration & Production , Emissions , ESG

APA Corp. Reduces Upstream Routine Flaring in Egypt by 40%

Through the implementation of two emissions-reducing initiatives, APA Corp. was able to reach its ESG target at its Egyptian operations ahead of schedule.

November 14, 2022

Exploration & Production , Natural Gas , Emissions

Big Gas Chiefs Bill Themselves as Climate Leaders at COP27

“The most important thing is for people to see America’s largest natural gas producer here at COP27 as a symbol that we’re going to be a leader in energy transition,” EQT CEO Toby Rice told Reuters on the sidelines of COP27.

November 14, 2022

Exploration & Production , International , Emissions

Pemex to Work with EPA to Bring Down Methane Emissions

With technical support from the EPA, Pemex said it would develop and implement a plan in the first half of next year to help mitigate methane emissions.

November 14, 2022

Legislation , Emissions

COP27: US Targets Methane in 'Relentless' Emissions Focus

In a new plan to eliminate methane leaks, the U.S. Environmental Protection Agency proposed a program to detect the biggest methane emitting sites and notify the owner, making the leak information public.

November 11, 2022