Methane is now a central part of the oil & gas industry’s climate challenge. New regulations in the U.S and Europe, growing concern in Asia and mounting interest from investors and global gas markets mean increasing pressure to improve emissions performance. It was also a focal point in the COP28 climate talks, where 52 producers representing more than a third of global production joined the Oil & Gas Decarbonization Charter, pledging to reduce emissions to near zero and to eliminate routine flaring by 2030.
