Energy Transition

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

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

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

More Articles …