This week’s Highwood Bulletin features low-carbon energy projections by Exxon, new data on emissions reductions from international O&G companies, a multi-million dollar settlement over methane leaks, and a handful of exciting upcoming conferences you should consider joining to improve your emissions knowledge and network. Not to mention, career opportunities as always! Thank you for reading the Highwood Bulletin.
Exxon Forecasts Low-Carbon Energy Eclipsing Oil Revenue
ExxonMobil is investing heavily in new forms of low carbon energy, including biofuels, hydrogen, wind, and solar. The company recently announced that revenue from these forms of energy may reach into the trillions over the next decade, exceeding revenue from oil. Learn more here.
Super-Major Emissions Dropping Fast
New data compiled by Evaluate Energy suggests that international oil and gas giants are drastically cutting their Scope 1 emissions. Repsol is leading the pack, with reported methane emissions dropping from 180 kt in 2019 to 28 kt in 2022. Learn more and see the data here.
$16 Million In Settlements for Methane Leaks
Regulators are increasingly cracking down on emissions from the oil and gas industry. On April 20th, US Department of Justice has reached settlements amounting to $16 million with three major oil and gas companies over leaks originating from faulty equipment. Read more here.
Book: Integrated Upstream Planning
If you’re interested in how emissions management fits into the broader picture of integrated planning for the upstream O&G industry, check out Matt Harriman’s new book.
Conference: Banff Methane Leadership Summit
If you enjoy “nerding out” on methane and love the beautiful mountain town of Banff, Alberta, do not miss the PTAC Methane Leadership Summit April 26-27. Come meet several members of the Highwood Team, including members of our software and consulting teams. Register here.
Conference: Global Energy Show
Calgary’s Global Energy Show this year is not to be missed. Highwood Greenhouse Gas Scientist Dr. Chris Nixon will be presenting on new methane data collection guidance produced by Highwood and GTI Energy as part of the Veritas Initiative. Take a look at the abstract and register here.
Conference: World Petroleum Congress
The World Petroleum Congress, held every three years and often called ‘The Olympics’ of the petroleum industry, will be held this year in Calgary. It is the world’s largest and most prestigious O&G event. This year, emissions will be an important topic. Highwood’s President Thomas Fox will be presenting on recent research the company has performed on optimizing technology deployment and abatement strategies. Learn more and register here.
Watch: Highwood’s CERAWeek Presentation
Did you miss CERAWeek this year? Some of the best action happens in the Agora Pods, and this year we got the chance to share the Highwood story to a global audience. If you want to catch our presentation, delivered by President Thomas Fox, you can watch it here. Please let us know what you think!
Want to Write for the Bulletin?
We’re always looking for guest writers who would like to contribute a Feature Article to the Highwood Bulletin. Please reach out if you’d like to write an unbiased, apolitical, solution-agnostic article for our ~2000 subscribers and ~5000 LinkedIn followers on an emissions management topic. Please reach out to [email protected] with your idea. Authors are fully credited and have a profile page on our website (we are happy to backlink).
Join our Team! Highwood is Hiring!
We currently have multiple exciting career postings on our website. In addition to those listed, Highwood is always looking for bright folks who want to help us change the world for the better. If you have experience in greenhouse gas emissions management and you’re looking for a career change, please reach out! Check out our active opportunities on our website by clicking here.
This week’s Highwood Bulletin features low-carbon energy projections by Exxon, new data on emissions reductions from international O&G companies, a multi-million dollar settlement over methane leaks, and a handful of exciting upcoming conferences you should consider joining to improve your emissions knowledge and network. Not to mention, career opportunities as always! Thank you for reading the Highwood Bulletin.