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Search resuls for: "Methane Partnership"


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ALBUQUERQUE, N.M. (AP) — A Texas company has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States. New Mexico Environment Secretary James Kenney said he's concerned about the compliance rate for companies operating in New Mexico, describing it as terrible. The civil complaint targeting Apache comes nearly a year after federal and state officials announced a similar agreement with another producer in the Permian Basin over violations. In 2022, an investigation by The Associated Press showed 533 oil and gas facilities in the region were emitting excessive amounts of methane. In all, state officials said the recent consent decrees with energy companies cover about 15% of oil and gas production in New Mexico and about 9% of the wells.
Persons: , Apache, James Kenney, he's, , Kenney, , Apache's Organizations: Apache Corporation, Federal, Apache, Associated Press, Environmental, Gas Methane Locations: ALBUQUERQUE, N.M, Texas, New Mexico, United States
Darren Woods, CEO of ExxonMobil, speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsHOUSTON, Nov 29 (Reuters) - Exxon Mobil Corp (XOM.N) Chief Executive Darren Woods is making plans to attend the COP28 climate summit in Dubai next week, two people familiar with the matter said, in what would mark a first for an Exxon CEO, if confirmed. Woods is expected to advocate that reducing carbon emissions should be a priority in addressing climate change, rather than reducing oil production. "We commit to solving the world’s energy and emissions challenges simultaneously," Darren Woods said at the APEC CEO summit earlier this month. Exxon says technology advancements allowed it to join the initiative and that the decision guards no relation with Pioneer's acquisition.
Persons: Darren Woods, Carlos Barria, Woods, Sultan al, Jaber, Exxon's, Matt Kolesar, Sabrina Valle, Sarah McFarlane, Josie Kao, Aurora Ellis Organizations: ExxonMobil, Economic Cooperation, REUTERS, Rights, Exxon Mobil Corp, Exxon, APEC, Abu, Abu Dhabi National Oil Company, United, Natural Resources, Gas Methane Partnership, Reuters, United Nations Environment Programme, Shell, BP, Conoco, Chevron, Thomson Locations: Asia, San Francisco , California, U.S, Dubai, Abu Dhabi, United Nations, OGMP, Occidental
During those COP27 climate talks last year in Egypt, China's top climate envoy, Xie Zhenhua, made an unexpected appearance at a meeting of the Global Methane Partnership, a U.S.-EU led initiative aimed at slashing 2020-level methane emissions by 30% by the end of this decade. Xie said China had drafted a plan with concrete measures to curb methane emissions from energy, agriculture and waste. COAL GASTwo big sources of methane emissions growth in China are livestock and rice production, neither of which are included in the country's climate plans. China is the world's largest source of methane from coal mines, with 28% of the world's biggest methane emissions points, according to Antoine Halff, co-founder of the environmental research group Karryos. "When you look around at the sources of coal mine methane worldwide, China is three or four times bigger than the next country's coal mine methane emissions," Banks said.
Persons: John Kerry, Kerry, Xie Zhenhua, Xie, Jonathan Banks, Joe Biden, Biden, Banks, Antoine Halff, Halff, Valerie Volcovici, David Stanway, Dominique Patton, Timothy Gardner, Katy Daigle, Will Dunham Organizations: Sunday, Methane Partnership, EU, Air Task Force, Program, Lawrence Berkeley National Laboratory, Task Force, Thomson Locations: BEIJING, U.S, China, Beijing, United States, Washington ., Glasgow, Sharm el, Egypt, Dubai, Shanxi, Boston, Singapore, Washington
Methane is the main component of natural gas, so captured emissions can be sold as fuel. The energy sector accounts for about 40% of all methane emissions from human activity, second to agriculture. Dozens of oil companies have also voluntarily committed to reduce emissions through the Oil and Gas Methane Partnership, and the Oil and Gas Climate Initiative. Altogether, the coal industry was responsible for about 40 million tonnes of methane emissions in 2022. Coal-related methane emissions in China are equivalent to total CO2 emissions from the whole of sub-Saharan Africa," Gould said.
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