Federal Oil and Gas Leasing and Its Impact on Greenhouse Gas Emissions | American Enterprise Institute
Federal Oil and Gas Leasing and Greenhouse Gas Emissions | American Enterprise Institute In a recent paper, Brian C. Prest of Resources for the Future asks “How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?” I shunt aside here a critique of Prest’s methodological approaches. What is interesting is the utter absence in his analysis of […]
Study Reveals 10-Fold Returns from Investment in Adaptation Finance
Investment in adaptation finance gives 10-fold returns: Study The WRI study found that for every $1 invested in adaptation and resilience efforts, there is more than $10 in benefits spread out over a decade International climate finance for funding adaptation measures and climate resilience is not only urgently needed, but is also a smart development […]
Government Suggests Tougher Regulations on Emissions and Flaring in Oil & Gas Sector: Discover What’s in the Draft
Centre Proposes Stricter Oversight On Emissions, Flaring iIn Oil & Gas Sector, See What The Draft Includes The Indian government has introduced a draft policy aimed at tightening environmental controls within the upstream oil and gas sector. This proposed framework targets the mitigation of environmental impact stemming from exploration and production activities, with a specific […]
Kuva Systems Secures $5 Million Contract from DOE for Emissions Technology
Kuva Systems wins $5M DOE contract for emissions tech Work continues on advancing the technology needed to monitor for and repair emissions leaks in oil and gas facilities. Much of that work is supported by the government, which has just awarded a $5 million contract to Kuva Systems under the U.S. Department of Energy’s Methane […]
Norway Reinforces Commitment to Oil and Gas Industry
Norway Doubles Down on Oil and Gas After hitting record highs this year, Norway’s oil and gas investment is expected to grow even higher in 2025. Greater development activity on new projects and the cost of inflation have contributed heavily to the increase in Norway’s oil and gas investment in 2024. Norway’s oil and gas […]
Challenging Setbacks and a Proposed Emissions Cap Raise Concerns for Newfoundland and Labrador’s Oil Industry
Sobering setbacks and a proposed emissions cap raising concerns for N.L.’s oil sector The win column is starting to look a little bare for Newfoundland and Labrador’s oil and gas industry, and now the sector is facing more uncertainty as Ottawa proposes an emissions cap on production. “It’s getting more difficult to attract the attention […]
GeoPark Purchases Repsol’s Colombian Oil and Gas Assets for $530 Million
GeoPark acquires Repsol’s Colombian oil and gas assets for $530 million GeoPark Limited, a prominent independent energy company operating across Latin America, has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire key oil and gas assets in Colombia. The acquisition encompasses Repsol Colombia O&G Limited’s 45% non-operated […]
Will It Reduce Carbon Emissions or Limit Production? • Carbon Credits
Will It Cut Carbon or Curb Production? • Carbon Credits Canada’s upcoming emissions cap on the oil and gas sector aims to cut greenhouse gas emissions by 37% by 2030 from 2022 levels. However, the energy industry and provinces like Alberta are strongly opposing it. The plan, unveiled Monday, introduces a cap-and-trade system designed to […]
Canada Unveils Strategy to Reduce Oil and Gas Emissions by 35% by 2030
Canada Announces Plan to Slash Oil and Gas Emissions 35% by 2030 The Athabasca Oil Sands along the Athabasca River in Fort McMurray, Alberta, Canada. dan_prat / iStock / Getty Images Plus The Canadian government has issued a draft of new regulations for greenhouse gas emissions produced by oil and gas. The rules would limit […]
Oil and Gas Boom Drives Surge in U.S. Methane Emissions
Oil and Gas Boom Fuels U.S. Methane Surge Despite ambitious promises of an accelerated green transition from the government, the U.S. is still experiencing extremely elevated levels of methane emissions each year. As the Biden administration pumps billions into renewable energy, clean technologies, and decarbonisation projects, methane emissions continue to rise year on year with […]