With the topic of methane emissions resurfacing ahead of COP28, and in anticipation of new draft federal regulations, Jared Dziuba extends his previous analysis on methane in the Canadian oil & gas sector, and reviews the latest progress of producers toward regulatory and corporate goals. The latest disclosures confirm that an interim mandate to cut methane 45% by 2025 has effectively been exceeded, while most E&Ps have reduced intensity rates by >60% and appear on track to meet ambitious new national targets of 75% by 2030.
Mind Your Methane: Canadian E&Ps Setting New Pace on Mitigation
