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TAZARA Secures $1.4 Billion...

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HomeOIL AND GASJohn Crane joins...

John Crane joins Aiming for Zero Methane Emissions Initiative

The Aiming for Zero Methane Emissions Initiative was launched in early 2022 by the CEOs of the OGCI member companies to rethink how the oil and gas industry approaches methane emissions and its harmful effects on the environment.

Established in 2014, the OGCI is a CEO-led group that aims to accelerate the industry’s response to climate change and help drive the energy transition through significant reductions in greenhouse gases.

“Joining the Aiming for Zero Methane Emissions Initiative underscores our commitment to helping customers with their energy transition and decarbonization goals,” said Rebecca Steinmann, director, Greenhouse Gas Emissions Control at John Crane. “We are proud to join our oil and gas industry customers and peers to tackle methane emissions reduction targets, and excited to introduce new solutions to avoid methane emissions and supplement monitoring and measurement technologies.”

“We are proud to welcome John Crane to the Aiming for Zero Methane Emissions Initiative,” said OGCI chair Bob Dudley. “Recognizing that eliminating methane emissions from the oil and gas industry represents one of the best short-term ways of addressing climate change, and I encourage others to join this ambitious effort to eliminate the oil and gas industry’s methane footprint by 2030.”

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TAZARA Secures $1.4 Billion Deal with China to Revamp Regional Railway

TAZARA, the Tanzanian-Zambia Railway owner, has lured a staggering $1.4 billion investment in the form of a Public-Private Partnership (PPP) agreement between it and China Civil Engineering Construction Corporation (CCECC). The landmark agreement will upgrade the railway to world-class...

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