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State of methane emissions regulations globally in oil & gas

March 7, 20236:45 AM BOE Report Staff

Over 150 countries have joined the Global Methane Pledge to cut methane emissions by 30% by 2030. Many individual members states are expected to enact tighter regulations and new guidelines for reducing methane emissions. Regulations may take the form of better transparency and reporting, emissions standards for equipment and operations, and/or market-based mechanisms.

In the lead up to the Methane Mitigation Global Summit, the team have compiled some of the major commitments and regulations worldwide for methane mitigation in a handy, interactive infographic.

For example, Brazil launched its Methane Zero National Program last March. The program offers a package of incentive measures to promote research into new methane mitigation technologies and the use of biogas and biomethane as sustainable energy sources.

Whereas, Norway has long been seen as the leader in regulating emissions from its oil and gas industry. It was one of the first countries to introduce a carbon tax, in 1991. Routine flaring is banned; it is only allowed for safety reasons and the emissions are taxed.

To learn more, download your free copy and gain insight into regulations on oil and gas methane emissions in key countries in North America, Europe, the Middle East, Africa, Asia and Latin America.

With the range of commitments and regulations in each country, it is now imperative that international leaders from across the oil and gas industry come together to develop new ways to identify, measure, monitor and eliminate methane emissions.

That’s why hundreds of oil and gas leaders are coming together at the Methane Mitigation Global Summit this June (2023) in Houston to understand how the oil and gas industry can move from individual accountability to global responsibility.

Featuring a global speaker faculty, worldwide regulatory perspectives, in-depth workshops and dedicated topic led track sessions, at the Methane Mitigation Global Summit you’ll discover the key pathways to lowering emissions, learn how to build innovative partnerships to accelerate abatement efforts, explore how to improve the reliability and credibility of methane emissions data, plus so much more.

Download your copy of the event guide today to discover the full range of speakers and sessions. Alongside the world’s largest oil and gas operators, the event also brings together the key industry initiatives, OGMP, OGCI, Methane Emissions Leadership Alliance, Methane Guiding Principles, Carbon Management Canada, and more!

As a reader of BOE Report you can also save an additional 20% off your pass!* Simply enter code: BOEREPORT at the online checkout.

*Discount not available on the Vendor Pass.

Download your copy of the event guide today and to learn more about methane emissions regulations, download the infographic.

Carbon Tax

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