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Exxon to Have Gas Graded for Methane Leaks Amid Climate Scrutiny - Bloomberg

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Exxon Mobil Corp. will offer some of its Permian Basin shale gas for certification by a nonprofit that assesses methane leaks, a move that comes as the oil industry faces unprecedented pressure to clamp down on emissions. 

About 200 million cubic feet per day of gas produced from Exxon’s marquee Poker Lake development in New Mexico will be graded by MiQ, a partnership between Systemiq, which describes itself as a global sustainability consultancy, and RMI, formerly the nonprofit Rocky Mountain Institute. That’s about 7% of Exxon’s total U.S. gas output. Certified gas could be available by the fourth quarter, the Irving, Texas-based company said Tuesday in a statement.

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Exxon to Have Gas Graded for Methane Leaks Amid Climate Scrutiny - Bloomberg
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