Methane emissions remain a challenge for the oil and gas industry. (Image source: Adobe Stock)
A new Horizons report from Wood Mackenzie highlights the need for companies and governments to take urgent action to reduce methane emissions and enforce new standards, suggesting that COP28 could prove a landmark moment for methane reduction commitments
Treatments could boost crude oil production by 10-45%, while lowering the carbon intensity by 7-20%. (Image source: Locus Technology)
Global certification leader SGS has certified an oil and gas technology developed by Locus Bio-Energy that can reduce the carbon intensity of production while increasing extraction
Demand for fossil fuels is set to remain far too high to achieve climate goals, the IEA says. (Image source: Adobe Stock)
Slashing methane emissions from fossil fuel operations by 75% is one of the measures recommended by the IEA to keep alive the goal of limiting global warming to 1.5°C
UEST is a strategic partnership of the HOT Energy Group, the ILF Group, RED Drilling & Services and CAC Engineering. (Image source: UEST)
UEST is a strategic partnership of the HOT Energy Group, the ILF Group, RED Drilling & Services and CAC Engineering
Renewable energy technologies such as wind and solar accounted for the largest share of low-carbon investment. (Image source: Adobe Stock)
Oil and Gas Climate Initiative (OGCI) member companies stepped up low-carbon investment in 2022 to US$24.3bn, up 66% compared with the previous year, according to the group’s annual Progress Report
