Oil and gas giants pledge to work towards 'near zero' methane emissions by 2030

Cecilia Keating
clock • 4 min read
The oil and gas sector is responsible for roughly a third of methane emissions produced by human activities | Credit: iStock
Image:

The oil and gas sector is responsible for roughly a third of methane emissions produced by human activities | Credit: iStock

Fossil fuel companies confirm plan to review collective methane targets for 2025 and onwards in light of new goal

The world's leading oil and gas companies have pledged to bring their methane emissions to "near zero" by 2030, as they signed up to a new initiative that aims to rapidly reduce emissions of the potent...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'A step in the right direction': Energy price cap tipped to fall seven per cent

'A step in the right direction': Energy price cap tipped to fall seven per cent

Update from Cornwall Insight promises some welcome relief for households, but businesses warn promised funding to improve domestic energy efficiency is still needed

James Murray
clock 19 May 2025 • 4 min read
ENGIE and CDPQ to pump up to £1bn into Dinorwig and Ffestiniog hydro storage refurb

ENGIE and CDPQ to pump up to £1bn into Dinorwig and Ffestiniog hydro storage refurb

Refurbishment programme aims to extend life of Dinorwig and Ffestiniog plants that provide around three quarters of the UK pumped hydro storage capacity

Stuart Stone
clock 16 May 2025 • 4 min read
Global Briefing: Renewables dominate US energy additions in Trump's first 100 days

Global Briefing: Renewables dominate US energy additions in Trump's first 100 days

Wind and solar projects continue to prosper in the US, Vinted celebrates in France, and calls grow to tackle bottom trawling

James Murray
clock 16 May 2025 • 5 min read