"U.S. EPA Proposes Methane Emission Standards for Oil And Gas Industry"

"The U.S. Environmental Protection Agency on Tuesday proposed new standards to cut greenhouse gas emissions and volatile organic compounds from oil and gas facilities, a key part of a broader strategy to cut methane emissions in the sector by 40 to 45 percent below 2012 levels in the next ten years.

The proposed methane standards are expected to reduce the equivalent of 7.7 mln to 9 mln metric tonnes of carbon dioxide in 2025, according to the EPA.

The proposal will require oil and gas processing and transmission facilities to find and repair methane leaks, capture natural gas from hydraulically fractured oil wells and limit emissions from pumps and other types of equipment."

Valerie Volcovici reports for Reuters August 18, 2015.

SEE ALSO:

"EPA Rules Aspire To Slash Oil Industry Methane Emissions" (NPR)

"EPA Proposes Measures To Dramatically Reduce Methane Emissions in The US" (Guardian)

"E.P.A. Announces New Rules to Cut Methane Emissions" (New York Times)

Source: Reuters, 08/19/2015