Petrobras commits to reducing methane emissions

Brazil’s state-controlled oil company Petrobras has signed an agreement to join the Oil & Gas Methane Partnership 2.0, a global initiative coordinated by the United Nations Environment Program and the Climate and Clean Air Coalition. The OGMP seeks to enable the oil and gas industry to realize deep reductions in methane emissions over the next

Fossil fuel companies contribute 43% methane emissions

According to a recent estimate from the Global Energy Monitor (GEM), a nonprofit research organisation, just 30 fossil fuel companies amount to almost half (43%) of the industry’s global methane emissions. The IEA estimates that by 2022, methane emissions from human activity will amount to 126 million metric tonnes, with 35% of those emissions coming

Liberty acquires RNG platform from Sandhill Advanced Biofuels

Liberty (RNG) LLC, a wholly-owned subsidiary of Algonquin Power & Utilities Corp., announced the recent completion of its acquisition of Sandhill Advanced Biofuels LLC. Sandhill is a developer of renewable natural gas (RNG) anaerobic digestion projects located on dairy farms, with a portfolio of four projects in the state of Wisconsin. The completion of this

Woodside to invest $10 mn in String Bio for methane recycling

Woodside Energy Group said it would invest $9.9 million in String Bio, a greenhouse gases recycling firm from India to recycle methane in its facilities. Woodside said the technology of Indian firm could also be deployed at third-party sites. The investment is a part of Woodside’s goal to spend $5 billion on new energy and

Huge spending needed to decrease methane from the world

According to a report from the Climate Policy Initiative, a tenfold increase in methane abatement spending is needed to sharply cut global emissions of the potent greenhouse gas and avoid the worst of climate change. The world needs to dramatically ramp up spending tenfold to $110 billion a year to curb methane releases. The potent

EU Parliament voted to include shipping in carbon trading scheme

The European Union Parliament has voted in favour of extending its carbon market (ETS) to shipping and road transport. The Parliament agreed to include all ships above 400 gross tonnage and offshore vessels in the EU’s carbon market. Polluters will have to pay for CO2, methane and nitrous oxide emissions when sailing within the EU

Indonesia to turn palm oil methane into biofuel

Japanese engineering giant JGC Holdings is teaming up with Indonesian state energy company Pertamina to turn methane generated in palm oil production into a biofuel. Palm oil mill effluent collected from Indonesian plantations on the island of Sumatra and in Kalimantan will be fermented and refined to produce biomethane. Production is expected to begin in

Methane in atmosphere increased by record high in 2021

Atmospheric levels of methane, a powerful greenhouse gas, increased by a record amount for the second year in a row in 2021, according to US government data. The concentration of methane in the Earth’s atmosphere jumped by 17 parts per billion (ppb) in 2021, National Oceanic and Atmospheric Administration (Noaa) monitoring found, the largest annual

Experts sound the alarm on oil sector’s blue hydrogen push

The oil and gas industry is promoting the use of “low-carbon” hydrogen derived from methane that is potentially dirtier than burning fossil gas for energy, scientists and analysts have told Climate Home News. Observers say the European Commission’s decision to classify gas as a transition fuel in its green investment list leaves the door open

Biden admn to give states $1.15 bn to plug methane leak

The White House on Monday announced new steps to help curb emissions of methane, saying it will send $1.15 billion to states to clean up thousands of orphaned oil and gas wells that leak the powerful planet-warming gas. The Biden administration also outlined plans to enforce requirements for pipeline operators to minimize methane leaks, undertake