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Stock impact report

Targeting more accurate methane emissions measurements in oil and gas [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
At a dedicated methane summit, a set of “landmark initiatives”' were agreed upon to support global action on methane and other non-CO2 greenhouse gases. Specifically, the initiative developed a plan to mobilise $150m as an “action accelerator” to support methane reductions. Following the talks, the UK released a statement on reducing methane emissions in the oil and gas sector specifically, outlining six actions, which included measurement and verification. The initiative follows the Global Methane Pledge, made in 2021, and the Oil and Gas Decarbonisation Charter (OGDC), inked two years later. A few weeks prior to COP30, a timely report by the German Aerospace Centre (DLR) noted that, in an airborne measurement campaign of methane emissions from West African offshore facilities, emissions from offshore oil and gas platforms off the Angolan coast were more than twice the values reported by operators. The findings highlighted how important it is to move from “estimates to actual da Show less Read more
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