Investment , Legislation , International , Emissions

EU Lays Out Rules to Allow More State Aid for Green Projects

Support for fossil fuels such as coal and oil is unlikely to be approved, while new investments in natural gas must be compatible with the EU’s climate targets, the Commission said.

December 21, 2021

Methane , Legislation , Health, Safety & Environment , Emissions

US Climate-change Fight Threatened as Manchin Rejects Biden’s Bill

Here are five top climate measures in President Joe Biden’s $1.75 trillion Build Back Better bill, and a discussion of their prospects if the wider legislation dies.

December 21, 2021

Public Capital , Emissions , ESG , Shale Plays

US Shale Producer SM Energy Sets New Environmental Targets, Zero Routine Flaring

The new environmental targets set by SM Energy, whose operations are focused in the Permian Basin and Eagle Ford shale plays, were largely driven by the company’s shareholders, President and CEO Herb Vogel says

December 20, 2021

Exploration & Production , Emissions , Technology

E&P Case Study: A Wellsite Processing Solution Proven to Lower Carbon Emissions

Specialist drilling waste management company TWMA highlights how its wellsite processing solution has been proven to reduce the carbon emissions of oil and gas drilling operations by 50%.

December 17, 2021

Markets , Emissions , Energy Transition

World Coal Power Demand to Hit New High after China, India, US Surge: IEA

IEA Executive Director Fatih Birol said the increase in global coal-fired power demand was “a worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero.”

December 17, 2021

Methane , Emissions , Shale Plays

EDF Aerial Survey Detects Major Methane Plumes from Permian Basin Operations

The research conducted by EDF via helicopter during the first two weeks of November found that 14% of the methane plumes detected in the Permian Basin were the result of malfunctioning flares.

December 16, 2021

Emissions , Shale Plays

Rystad Energy Finds US Onshore Gas Flaring Lowest Since 2012

The reduction in the Bakken was in line with expectations while the change in the Permian Basin—the nation's largest oil field—was surprising, Rystad said.

December 15, 2021

Exploration & Production , Markets , Methane , Legislation , International , Emissions

EU to Clamp Down on Domestic Methane Emissions from Oil and Gas

A new proposal would force oil and gas operators in the EU to find and fix leaks of methane in their infrastructure, though it did not extend the rules to cover the companies abroad that supply most of Europe’s gas.

December 15, 2021

Business , Emissions , ESG

Does ESG Really Matter for Oil and Gas?

Andrew McConn, head of commercial intelligence at Enverus, weighs in on why ESG has taken center stage in governing investor decisions and how companies can devise a winning strategy.

December 14, 2021

Emissions , ESG

How Effective Decarbonization Strategies Shape the 'E' in ESG

The extent to which oil and gas companies demonstrate their climate risk management is the most significant ESG issue that investment firms, ESG ratings providers and other interested parties take into account.

December 14, 2021