Sustainability

More than 100 participating countries at the 26th UN Climate Change Conference of the Parties (COP26) signed the Global Methane Pledge, in which they agreed to take action to reduce methane emissions at least 30% by 2030 vs. 2020 levels. This focus on methane reflects its significant contribution to climate change. Scientists believe that methane has 28–34 times more warming power than carbon dioxide (CO2). Oil and gas companies are among the leading methane emitters and will ultimately play a significant role in making good on the pledge. Although the related costs and technical implications make it a challenging issue for oil and gas operators to address, reducing methane emissions is hig