CCAC Oil & Gas Initiative

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The oil and gas sector accounts for more than 20% of all anthropogenic emissions of methane globally.

The CCAC’s Oil & Gas Initiative is aimed at reducing emissions of short-lived climate pollutants from oil & gas industry operations, with a focus on methane and black carbon. Methane is a greenhouse gas at least 84 times more potent than CO2 over a 20-year time horizon, while black carbon emissions from oil & gas operations are thought to contribute to accelerated warming of the polar ice caps, among other negative consequences.

This Initiative currently has two components: The Oil & Gas Methane Partnership, and a project to develop and demonstrate new technology to reduce black carbon from gas flares. Other components may be added by the CCAC partners over time.

Oil & Gas Methane Partnership

The CCAC Oil & Gas Methane Partnership is designed to help participating oil & gas companies better understand and systematically manage their methane emissions – and to help them demonstrate their systematic management to stakeholders. It is the result of an extensive consultation with oil and gas companies and industry groups, institutional investors and NGOs. The aim was to create a mechanism robust enough to meet the needs of stakeholders and implementable by companies. Key technical partners include the Environmental Defense Fund, the US Environmental Protection Agency’s Natural Gas Star program and the Global Methane Initiative. The Partnership will be launched with founding oil & gas companies at the UN Secretary General’s Climate Summit on 23 September 2014. To find out more.

Technology Demonstration and Evaluation for the Recovery of Hydrocarbon Liquids

This component of the Oil & Gas Initiative will conduct a series of demonstration projects to recover valuable, readily-condensable hydrocarbon liquids contained in many natural gas streams currently being flared by the oil and gas industry. The extraction of such volatile organic compounds (VOCs) can significantly reduce the emission of black carbon, while providing revenue from the sale of the extracted liquids. Part of the project will show how to identify flares that are the best candidates for such activities, using new methods that analyze the flare plume and do not require shutting down any operations. To find out more.

Who is Involved?

Learn about Lead Partners, Partners and Actors working together to accelerate methane and black carbon reductions from oil and natural gas production.

Further Resources