The International Energy Agency on Jan. 18 called on on companies, governments and regulators to take “urgent action” to cut methane emissions from the oil and gas sector, and warned that emissions could rebound from 2020 levels unless more methane leaks were addressed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Methane is a much more potent greenhouse gas than carbon dioxide, with some estimates suggesting it is 84 times more potent than CO2 over a 20-year timeframe. According to the IEA’s 2021 update of its Methane Tracker, oil and gas operations worldwide emitted more than 70 million mt of methane into the atmosphere last year, broadly equivalent to the total energy-related CO2 emissions from the entire EU. While this […]