Milan measures

Maureen Lorenzetti

Three major oil and natural gas organizations announced plans earlier this month to adopt new global guidelines for companies to use in voluntarily estimating and reporting greenhouse gas (GHG) emissions.

The groups made the announcement during international climate change discussions held in Milan as part of the United Nations Framework Convention on Climate Change. The American Petroleum Institute, the International Petroleum Industry Environmental Conservation Association (IPIECA), and the International Association of Oil and Gas Producers (IAOGP) spent nearly a year building industry consensus on the guidelines. They also met with other stakeholders, including environmentalists.

Big day
"This is a big day for oil and gas companies responsibly managing greenhouse gas emissions at operations worldwide," said Bob Greco, director of API's climate change program. "Unless we can accurately estimate and report greenhouse gases, it is impossible to know how successfully we are managing emissions. Now, the guidelines make it possible to monitor that progress."

API last February said its members' refineries would be 10% more energy-efficient by 2012 to meet the goals of a new White House voluntary GHG program (OGJ Online, Feb. 13, 2003).

API, IPIECA and IAOGP will make the guidelines publicly available Jan. 1, 2004, on their web sites.

In a similar effort, API and the Edison Electric Institute are expected to take an active role in a US Department of Energy plan to improve the accuracy of its voluntary GHG emissions reporting system. DOE issued the first part of its proposal detailing general guidelines last month; comments are due in February. The second half of the plan includes more technical issues and is expected out for public comment early next year. DOE hopes to have a final rule later in 2004.

Some environmentalists remain skeptical about DOE and API's efforts. The World Wildlife Fund, for example, suggested API's latest announcement is part of the "usual delaying tactics on capping emissions."

Encouraging steps
Other environmental groups praised API's guidelines, saying they were an important first step.

The World Resources Institute called the API plan "very positive" and said it "adds meat to the bone" of a concept first introduced by the group in 2001 in collaboration with the World Business Council for Sustainable Development. The two groups developed an international accounting system companies could use as a reference for reporting GHG emissions.

But nearly all environmentalists still want international consensus on a mandatory reporting system. They argue that outside the US, there is growing pressure by other governments and the business community to create an international framework that forces individual companies to be more transparent about both direct and indirect emissions.

"Governments that have ratified the Kyoto Protocol are already setting up systems to hold companies accountable for their total emissions," said Annie Petsonk, International Council for Environmental Defense. "Increasingly, large portfolio investors are also looking for information about companies' total emissions."

Related Articles

House panel launches probe of DOS’s Keystone XL application process

02/26/2015 The US House Oversight and Government Reform Committee began an investigation of the US Department of State’s environmental impact statement for th...

BLM Utah office adopts USFS leasing analysis for Fishlake Forest

02/26/2015 The US Bureau of Land Management’s Utah state office will adopt the US Forest Service’s final environmental impact statement and record of decision...

Grizzly files OSCA application with AER for Thickwood

02/25/2015

Grizzly Oil Sands ULC, Calgary, has filed an Oil Sands Conservation Act application with Alberta Energy Regulator for the Thickwood project.

BLM moving toward strategy for Greater Sage Grouse, Jewell says

02/25/2015 Calling it a remarkable example of federal, state, and local cooperation, US Sec. of the Interior Sally Jewell said the US Bureau of Land Managemen...

Hickenlooper’s siting task force calls for more local consultation

02/25/2015 Colorado Gov. John W. Hickenlooper’s (D) oil and gas siting taskforce called for more consultation and greater involvement with local communities o...

Obama vetoes bill approving Keystone XL crude oil pipeline

02/25/2015 US President Barack Obama vetoed S. 1, authorizing construction of the proposed Keystone XL crude oil pipeline, saying that Congress had attempted ...

County decision in Washington state stalls Shell’s Bakken rail plans

02/24/2015 A Skagit County Hearing Examiner in Mount Vernon, Wash., halted Royal Dutch Shell PLC’s plans to move Bakken crude oil by rail to the company’s Ana...

Work stoppages commence at largest US refinery, three other facilities

02/23/2015 The United Steelworkers union (USW) has launched additional work stoppages at the largest refinery in the US and three other facilities as part of ...

AER sets new seismic monitoring rules for Duvernay in the Fox Creek area

02/23/2015 The Alberta Energy Regulator (AER) announced seismic monitoring and reporting requirements for companies using hydraulic fracturing in the Duvernay...
White Papers

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...

Accurate Thermo-Fluid Simulation in Real Time Environments

The crux of any task undertaken in System Level Thermo-Fluid Analysis is striking a balance between ti...
Available Webcasts


Prevention, Detection and Mitigation of pipeline leaks in the modern world

When Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST



On Demand

Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST


The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected