Sustainability Magazine April 2026 | Page 89

NET ZERO
Permian Basin
In agriculture, farmers are trialling seaweed-based feed additives to curb bovine emissions at the source.
Industry leaders setting the pace In the oil and gas industry, 11 of the biggest hitters – including Aramco, Equinor, Shell and TotalEnergies – make up the Oil and Gas Climate Initiative( OGCI).
The group members demonstrated that rapid reduction is possible. They achieved their collective 2025 upstream methane intensity target of well below 0.20 % as early as 2021. By 2024, their aggregate upstream operated methane intensity dropped to 0.12 % – a 14 % decrease year-on-year and a 62 % decrease compared with 2017.
This reduction in intensity has translated into a 63 % decrease in absolute upstream methane emissions since 2017, with total emissions for OGCI members standing at 0.73 million tonnes in 2024.
Their methodology, which measures methane emissions as a percentage of total gas marketed, is now used across the industry as a standard of best practice and underpins the Oil and Gas Decarbonization Charter’ s near-zero ambitions for 2030.
By moving from monitoring to mending, the global community can use methane reduction to buy precious time in the fight against climate change. Addressing these leaks today represents our most immediate and cost-effective opportunity to protect the environment.
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