Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



John Crane joins the Aiming for Zero methane emissions initiative

John Crane, a global leader in rotating equipment and energy transition technologies and services, is pleased to announce it has joined the Oil and Gas Climate Initiative’s (OGCI) Aiming for Zero Methane Emissions Initiative in support of their mission to eliminate 30% of methane emissions from all sources by 2030.

Established in 2014, the OGCI is a CEO-led group that aims to accelerate the industry’s response to climate change and help drive the energy transition through significant reductions in greenhouse gases.

Incubated by the OGCI and its member companies, the Aiming for Zero Methane Emissions Initiative was launched in early 2022 to rethink how the oil and gas industry approaches methane emissions and its harmful effects on the environment. This initiative recognizes that virtually all methane emissions from the industry can and should be avoided. Supporting companies like John Crane who join the initiative strive to have a positive influence on reducing methane emissions from the oil and gas industry and agree to do what it takes to reach near-zero methane emissions in their operations, reporting transparently, and supporting the implementation of sound regulations.

“Joining the Aiming for Zero Methane Emissions Initiative underscores our commitment to helping customers with their energy transition and decarbonization goals,” said Rebecca Steinmann, Director, Greenhouse Gas Emissions Control. “We are proud to join our oil and gas industry customers and peers to tackle methane emissions reduction targets, and excited to introduce new solutions to avoid methane emissions and supplement monitoring and measurement technologies.”

According to a February 2022 press release issued by the International Energy Agency, methane is responsible for around 30% of the rise in global temperatures since the Industrial Revolution, and quick and sustained emission reductions are key to limiting near-term warming and improving air quality. Methane dissipates faster than carbon dioxide but is a much more powerful greenhouse gas during its short lifespan, meaning that cutting methane emissions would have a rapid effect on limiting global warming.

“We are proud to welcome John Crane to the Aiming for Zero Methane Emissions Initiative,” said OGCI Chair Bob Dudley. “Recognizing that eliminating methane emissions from the oil and gas industry represents one of the best short-term ways of addressing climate change, and I encourage others to join this ambitious effort to eliminate the oil and gas industry’s methane footprint by 2030.”


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Lee Nichols
Modern society would not be possible without the use of pipelines to transport natural gas, crude oil and finished products to demand centers.


Optimizing Gas Distribution: Accounting for Changeovers, Regulators, and More

Register Now

Gas distribution systems are critical to the effective operation of many industrial facilities around the world. Despite the importance of these systems, however, opportunities to improve their performance and cost-effectiveness are often missed or misunderstood. Increasing changeover pressure may seem like a good way to improve system flow, for example, but it often does so at the expense of bottled gas. Adding regulators may help you control supply pressure, but it also adds cost to your system. So, how do you know what the ideal gas distribution setup is for you?

Attend this webinar to:

  • Gain a basic understanding of the fluid dynamics that affect pressure control in gas distribution systems, learning to interpret flow curves and recognize phenomena like lockup, droop, and supply pressure effect (SPE)
  • Learn how inlet pressure affects regulator performance and when to specify certain regulator types and configurations to effectively control gas system pressures

Understand the inherent trade-offs between gas utilization and flow capacity and how to select both the right changeover pressure and automatic changeover panel design for your operations.

May 4, 2021 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2022 Gulf Publishing Holdings LLC.