The global Aiming for Zero Methane Emissions Initiative, which includes supporters such as bp, Chevron, Equinor, ExxonMobil, Petrobras, and Shell, is now being reinforced by Wintershall Dea as Europe’s largest independent gas and oil producer.
The reduction of methane emissions is a key pillar for achieving climate goals and the mitigation of climate change. “The gas and oil industry, too, must and will make its contribution here. At Wintershall Dea, we have already been very consistently reducing the methane emissions from our production activities for several years,” says Mario Mehren, CEO of Wintershall Dea. “We share the conviction that much of our industry’s methane emissions can and should be avoided,” Mehren added.
The Aiming for Zero Methane Emissions Initiative is showing that its signatories are ready to take climate preservation as seriously as the oil and gas industry does safety by going all in.
The target is “zero”, and all members strive to achieve this goal. The initiative also calls for concrete technology-related measures, such as with venting and flaring, but also for transparent and regular reporting of methane emissions.
At the same time, it supplements other voluntary initiatives, such as the Methane Guiding Principles and the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), both of which Wintershall Dea is already participating in.
All participants work to accomplish the aim of “zero.” The program also demands regular and public reporting of methane emissions, as well as specific technological actions such as venting and flaring.
At the same time, it complements existing voluntary initiatives like the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), in which Wintershall Dea already participates, and the Methane Guiding Principles.