Methane

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Energy North: Top 10 Good News Stories About Canadian Energy in 2024

Carbon Capture, CDN and International News, Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, LNG, Methane, Natural Gas, Oil / By

Record oil production, more Indigenous ownership and inching closer to LNG By Deborah Jaremko It’s likely 2024 will go down in history as a turning point for Canadian energy, despite challenging headwinds from federal government policy.    Here’s some of the good news. 10. New carbon capture and storage (CCS) projects to proceed  In June, Shell announced it …

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Methane Emissions in Permian Basin Fall as Drillers Plug Leaks

Conventional Energy, Energy Topics & Technology, Latest, Methane, Natural Gas, Oil, Pinned Primary, US News / By

Emissions of the gas dropped by 26% in 2023, S&P Global says Decline comes amid Biden rules that face a threat with Trump Methane emissions in the largest US oil basin plunged 26% last year as companies tightened operations and deployed new technology to stop leaks of the potent greenhouse gas, according to a study by S&P …

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Biden Officials Ask EU to Align Methane Rules with US to Ease LNG Flows

CDN and International News, Energy Topics & Technology, Latest, Methane / By

Summary Biden administration seeks EU alignment on methane standards for LNG imports EU law to impose methane limits on oil and gas imports from 2030 Trump plans to reverse Biden’s methane regulations BAKU, Azerbaijan, Nov 13 (Reuters) – President Joe Biden’s administration has asked the European Union to ensure liquefied natural gas shipments that meet …

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U.S. Sets Methane Fee on Oil, Gas Emitters as Biden Term Winds Down

Conventional Energy, Energy Topics & Technology, Latest, Methane, Natural Gas, US News / By

A flare burns off excess gas from a gas plant in the Permian Basin in Loving County, Texas, U.S., November 21, 2019. REUTERS/Angus Mordant/File Photo Summary Repeal of methane fee likely during Trump presidency Methane fee starts at $900 per metric ton in 2024 Applies to facilities emitting over 25,000 T of CO2 equivalent annually …

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Hilcorp Fined $9.4 Million for New Mexico Methane Emissions

Energy Topics & Technology, Latest, Methane, US News / By

Settlement is a legal-first for fracking under certain rules Private oil producer is run by billionaire Jeff Hildebrand Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. It’s the first settlement to …

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US Supreme Court Declines to Pause EPA Mercury, Methane Rules

Conventional Energy, Latest, Methane, US News / By

Summary Justices deny emergency requests to halt EPA rules Challengers argue EPA exceeded its powers EPA says rules benefit public health, climate WASHINGTON, Oct 4 (Reuters) – The U.S. Supreme Court declined on Friday to put on hold new federal air pollution rules from President Joe Biden’s administration to tighten limits on mercury and methane, acting in challenges brought …

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U.S. Oil and Gas Must Cut Methane 80% to Meet Industry Targets, New Data Shows

Conventional Energy, Energy Topics & Technology, Latest, Methane, Natural Gas, Oil, US News / By

To meet their 2030 climate goals, fossil fuel producers need to curtail methane releases in key regions. One of the most comprehensive aerial surveys of methane gushing from US oil and gas facilities shows operators must slash emissions by roughly 80% or more to meet major industry targets. The nonprofit Environmental Defense Fund conducted about …

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US, EU Lawmakers Seek International Methane Standard for Oil and Gas

Conventional Energy, Energy Topics & Technology, Latest, Methane, Natural Gas, Oil, US News / By

A group of European Union and U.S. Democrat lawmakers has asked the International Energy Agency to develop international standards for measuring the oil and gas sector’s emissions of methane, to help countries adopt tougher measures targeting the potent greenhouse gas, a letter showed on Tuesday. The EU will impose methane emissions limits on Europe’s oil …

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EU Approves Law to Hit Gas Imports with Methane Emissions Limit

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Methane, Natural Gas / By

(Reuters) – European Union countries approved a law on Monday to impose methane emissions limits on Europe’s oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas. Methane is the main component of the natural gas countries burn in power plants and to heat homes. It is also …

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Oil Heavyweights Challenge Biden Methane Rule in Bid for Changes

Energy Topics & Technology, Latest, Methane, US News / By

American Petroleum Institute seeks appeals court review Mandates aim to curb methane leaks from oil wells, tanks Bloomberg The oil industry’s top trade group filed a petition in federal court challenging Biden administration mandates cracking down on planet-warming methane emissions from wells, tanks and pipelines, even as it pushes the government to make administrative changes. The American Petroleum Institute …

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