Low-Methane Oil & Gas: The Next Step on Path to Sustainability February 3, 2022
C-Suite executives Climate change Decarbonization Leadership Oil & Gas Solutions
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Due to global decarbonization efforts, both public and corporate sectors are faced with existential choices, — in particular, the Oil & Gas industry, responsible for a staggering 42 percent of global GHG. It remains self-evident that society and the economy need global petroleum to assist with energy transitions, as it will remain an anchor player in energy, even in the net-zero future. In order to sustain and thrive during the period of transition and beyond, some companies will choose to operate using the cleanest, highest-margin portfolio of oil and gas assets, while others will have to resort to extending their business and operational models to the electricity market or embracing clean-tech innovations, hydrogen, biofuels, or offshore wind.

Eliminating methane emissions is one of the few potential projects relevant and timely for every oil and gas company. The best time for Petroleum to start the sustainability journey is now, so while some high-impact areas remain largely unexplored and require further substantial investment, the necessary technology and knowledge is ready and available to reduce the emissions of methane, a greenhouse gas heating the planet 84 times as much as carbon dioxide. Considering the fact that CH4 accounts for 50 % of the overall emissions of oil and gas, the industry as a whole seems to have been avoiding methane reduction. Seventy percent of gas producers in the U. S. don’t have a plan to tackle methane emissions. Nevertheless, governments across the world are gaining momentum in introducing new regulations. Biden’s revolutionary climate plans and the steady execution of the EU’s climate agenda are shaping the global policies on methane reduction.

Join this event to learn about the vision of the global companies moving the needle on methane reduction, about their current project developments, and further associated plans at the panel discussion: “Methane emissions reduction and beyond — on path to sustainable hydrocarbons?”; gain practical knowledge from the case studies of cost-efficient and high-impact strategies of eliminating CH4, as well as presentations of cutting-edge technological solutions facilitating sustainability routes.


Our event is for


Agenda

Methane emissions reduction and beyond — on path to sustainable hydrocarbons

Feb, 3 2:00 PM CET
  • The “supermajors’” methane projects: key outcomes and learnings
  • The newly imposed U. S. regulation of methane emissions — how will it impact the Oil & Gas industry in the coming year?
  • The role of leadership in leveraging various decarbonization tools
  • How does the sustainable transformation of Oil & Gas align with the operational and business modeling?

Regulatory outlook on the new methane emissions reduction policies of the EU and the United States

Feb, 3 3:00 PM CET

President Joe Biden has recently announced plans to introduce new methane emissions legislation to help support his climate goals, while oil-producing states are taking various stances on local regulatory norms. October 2020 has marked a legislative proposal by the European Commission to introduce a new methane emissions strategy. In September 2021, the U. S. and the EU jointly announced a Global Methane Pledge in preparation for COP26.

What should the industry expect from the regulations, and how can policy be shaped jointly with other stakeholders?

A low-cost emission tracking & measurement solution

Feb, 3 3:30 PM CET

Unlike CO2, methane — the main component of natural gas — has commercial value, so any methane captured can be monetized. Multiple oil and gas companies have introduced operator-led aerial monitoring programs, as well as stationary surveillance.

How can transparency in tracking and measuring methane emissions be increased?

Achieving a maximum impact at emissions reduction

Feb, 3 4:00 PM CET

There are multiple areas where methane emissions can be reduced, including optimizing flaring, venting, and other upstream improvements to the well maintenance process, finding and fixing leaks, capturing vented gases, and equipment modernization, etc. It takes a holistic approach to identify the high-impact areas of methane reduction and to scale the initiative.

How are industry leaders tackling methane emissions?

Piloting & scaling cutting-edge methane reduction technology

Feb, 3 4:30 PM CET

Emerging technologies are set to enlarge and enhance information on leaks and overall emissions, improving reliability and removing excess oxygen in gas. Information about the benefits of capturing and using or selling gas that would otherwise be emitted needs to be disseminated across the decision-maker-pipeline to ensure better results.

How is technology assisting in reducing methane emissions?


Interested in speaking?

Contribute your expert knowledge, present a case study, and gain recognition in front of a diverse community of Future Energy Week.

Please share a preliminary topic you would like to speak about. Our team will contact you shortly.





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Why us?


Condensed information

A one-day event that gets to the heart of scaling intelligent automation means more info in less time away from office


Practicality

Learn from the most successful case studies from peer companies who have successfully put their IA strategies at scale


Networking

Make valuable business connections with other attendees, speakers, and sponsors on the virtual event platform


Expert speakers

Top-notch content from the industry experts, disruptors, and leaders that is a right fit for your business


Organisations who attended our events

EICSAPKPMGRystad EnergyVattenfallREEEPEDPMicrosoftHoneywellPhilipsShellBPNovo NordiskCapgeminiIntelMSfSCMGDeloittePSEGIHA


What our attendees say

“I was really happy to be a panelist and thought the other panel members were top notch. Well organized and a great lineup. At first, I thought a 2 hour panel would be too long, but it was very interesting. Well done!”
Nicola Kimm, Head of Sustainability, Signify

“We thoroughly enjoyed the event and look forward to participating in future events”
Trevor Townsend, CEO, Startupbootcamp

“Very good event. Would definitely participate again. Good fellow panelists. One of the most interesting panels I have had the opportunity to moderate”
Reid Capalino, SVP Business Development, LS Power

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