
Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030, but environmental groups have called it a “smokescreen”.
Sultan al-Jaber, the president of the United Nations climate summit (COP28) held in Dubai this year, made the announcement on Saturday, saying the pledge included major national oil companies such as Saudi Aramco, Brazil’s Petrobras and Sonangol from Angola and multinationals like Shell, TotalEnergies and BP.