With mounting concern about the state of the climate and increasing speculation about natural gas’ role in decarbonizing energy markets, oil and gas companies face growing scrutiny from the public and investors. Some companies are stepping up with pledges to reduce emissions of methane from their worldwide operations.
But there’s a catch.
As our new analysis, The Next Frontier: Managing Methane Risk from Non-Operated Assets, explains, current commitments by the industry’s most forward-looking companies mostly leave out a vast global network of assets owned by those companies but operated by another.