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Statoil to Field Test Methane Detection Technology

Statoil has joined the Environmental Defense Fund’s Methane Detectors Challenge — a collaboration between oil and natural gas companies, technology developers, environmental groups and government and academic advisors that aims to identify and bring to market new technologies that will help reduce methane emissions from oil and natural gas operations. EDF says … Read more »

Fracking Green Chemistry Roundtable Launched

Apache, Dow Chemical and Marathon Oil are among the members of the American Chemical Society’s Green Chemistry Institute’s newly formed roundtable to identify opportunities for the oil and gas industry to use green chemistry and engineering in hydraulic fracturing. The ACS GCI Hydraulic Fracturing Roundtable is open to new members; … Read more »

Anadarko, Encana, Pioneer, Apache Have Greatest Fracking Water Risks

Anadarko, Encana, Pioneer, Apache Have Greatest Fracking Water Risks

Anadarko, Encana, Pioneer and Apache have the highest exposure to water exposure risks among hydraulic fracturing companies, according to a report by Ceres. But many more companies connected to fracking face long-term water sourcing risks, according to the non-profit. These include the top three service providers, Halliburton, Schlumberger and Baker Hughes, … Read more »

gas station

Expect CNG Price Hike as Tax Credit Expires

Compressed natural gas (CNG) prices at the pump for cars and trucks will increase 30 percent at some stations because of a federal tax credit set to expire Jan. 31, FuelFix reports. Most stations use the incentive — a 50-cent tax credit on each gasoline gallon-equivalent of natural gas sold … Read more »

CDP Global 500: 10% of Largest Companies Produce 73% of GHGs

CDP Global 500: 10% of Largest Companies Produce 73% of GHGs

BMW, Daimler, Philips Electronics, Nestlé, financial firm BNY Mellon, Cisco Systems and utility Gas Natural SDG — all with perfect 100 disclosure scores and A performance ratings — top the CDP’s list of the world’s best companies in terms of climate change disclosure and performance. Honda, Nissan, Volkswagen, Hewlett-Packard and … Read more »

Ceres: Exxon, Marathon, Others Give Investors Weak Reports on Drilling and Climate Risks

Ceres: Exxon, Marathon, Others Give Investors Weak Reports on Drilling and Climate Risks

Investors are not getting a clear, consistent picture of material risk from oil and gas companies, and may be exposing themselves to climate change-related risk, as fossil fuel production moves into more technologically demanding spaces, a Ceres report says. The report, “Sustainable Extraction? An Analysis of SEC Disclosure by Major … Read more »