The October round-up showcases the industry’s innovation—from the industrial production of renewable gas to splitting methane into its valuable components. We also highlight partnership as a backbone of progress across CCS, flare reduction, energy transition, circular economy, and regional outreach.
Plus, gain insights from our stakeholders with the Annual Report from OGCI, the Conceptual Foundations discussion paper from TISFD, financing energy transition minerals from UNEP, and outcomes from the UNECE Sustainable Energy Week.
Member sustainability articles
Asia Natural Gas & Energy Association
Unlocking the vast potential of cross-border CCS in Asia Pacific
Asia‑Pacific is rapidly advancing cross-border carbon capture and storage (CCS), with nations like Japan, South Korea and Singapore capturing CO₂ while countries such as Australia, Indonesia and Malaysia offer storage capacity. Governments are currently developing bilateral agreements to enable CO₂ transport, targeting up to 3 gigatonnes of emissions per annum by 2050, with potential economic gains of ~USD 220 billion in GDP annually and 300,000 jobs by 2035.
Baker Hughes works with Halfaya on flare reduction in Iraq
Baker Hughes and Iraq’s Halfaya Gas Company will implement an innovative flare gas recovery system at the Bin Umar plant, aiming to capture up to 300 million standard cubic feet per day of flared gas—enough to power ~2 million Iraqi homes annually. The flared gas will be converted into treated gas, liquefied petroleum gas and condensate for domestic use and export.
Bayou Bend project aims to advance CO2 storage along the US Gulf Coast
Chevron, in partnership with Equinor and TotalEnergies, is advancing the Bayou Bend project, a major carbon dioxide (CO₂) transportation and storage initiative along the USA Gulf Coast. Spanning approximately 140,000 acres onshore and offshore in south-east Texas, the project aims to support regional industries in reducing carbon intensity.
Repsol pioneers industrial-scale production of 100% renewable gasoline
Repsol has successfully achieved the first industrial-scale production of 100% renewable gasoline at its Tarragona facility, launching ‘Nexa 95’ — a fuel compatible with existing gasoline vehicles that cuts net CO₂ emissions by over 70% compared to conventional gasoline, and will be available at up to 30 stations across Spain by year’s end.
OMV is piloting methane splitting through European collaborations to convert methane into two valuable components: clean hydrogen and solid carbon. The hydrogen can then be used as a low-emissions fuel for heavy industries, while the carbon can be refined into high-performance materials such as graphene, which can also used to decarbonise legacy materials like concrete, tires and cements, and used in solar cells and batteries.
TotalEnergies and Veolia join forces for the energy transition and a circular economy
TotalEnergies and Veolia have signed a memorandum of understanding to deepen their long-standing partnership in energy transition and circular economy. Their collaboration includes deploying drone-based methane detection at landfills, cutting freshwater usage by 20% by 2030, expanding waste water reuse, and scaling low-carbon energy for desalination plants.
Ipieca + ASEAN Council on Petroleum and Energy (ASCOPE)
Ipieca and ASCOPE sign energy transition MoC
Ipieca and ASCOPE have signed a memorandum of cooperation (MoC) which will see the two associations work together to drive regional support for energy transition roadmaps, the uptake of sustainability reporting and advancing environmental and social performance across operations and supply chains.
OGCI Annual Report shows continued progress on emissions reductions
OGCI’s 2024 Progress Report shows its 12 member companies, 11 of which are also Ipieca members, have cut upstream methane intensity by 62%, routine flaring by 72%, upstream carbon intensity by 24%, and overall Scope 1 and 2 emissions by 25% since 2017. Members also invested USD 30 billion in low‑carbon technologies in 2024, and are spearheading over 50 CCUS projects aimed at sequestering up to 500 million tonnes of CO₂ annually by 2030.
Taskforce on Inequality and Social-related Financial Disclosures
TISFD releases its Conceptual foundations discussion paper
TISFD has published its Conceptual foundations discussion paper for stakeholder review and input in late 2025. The paper, once finalised, aims to unify terminology and concepts for understanding and addressing social and inequality‑related issues in finance, laying groundwork for a disclosure framework on related impacts, risks, and opportunities. The beta disclosure framework is expected in Spring 2026.
New UN report calls for responsible financing and investment in energy transition minerals
A new report from the UNEP-hosted International Resource Panel highlights the need for responsible financing and governance in mining energy-transition minerals, to channel capital toward sustainable practices, ensure shared benefits, and meet rapidly growing global demand. It calls for integrating ESG standards, circular economy strategies and regulatory reform to support the energy transition while protecting communities and ecosystems.
Ipieca + International Union for Conservation of Nature
Ipieca insights from the IUCN World Conservation Congress
Ipieca participated in the IUCN World Conservation Congress in Abu Dhabi, co-hosting workshops and events on marine net positive impact, biodiversity and ecosystem services, and co-benefit strategies for wind and solar projects. Ipieca also signed an updated memorandum of understanding with IUCN to reaffirm their shared ambition for an energy transition that cares for nature and leaves no one behind.
Ipieca insights from UNECE Sustainable Energy Week 2025
Sustainable Energy Week brought together a diverse community of experts, policymakers and other stakeholders to collaboratively chart the course for developing resilient energy systems in pursuit of a fair energy transition. It featured targeted discussions, sharing of experiences, formulation of recommendations, and presentations highlighting country policies and actions to accelerate a just transition across the UNECE region.
Guiding the global energy industry through a sustainable transition
Ipieca CEO Brian Sullivan talks to Petroleum Economist about how Ipieca guides oil and gas companies on climate, water and social performance, helping the sector scale technologies like CCUS and methane reduction while aligning global standards with sustainable development goals.
The monthly Ipieca sustainability article round-up showcases recent sustainability-related achievements, projects and news from Ipieca members, demonstrating their support for the Ipieca Principles around advancing environmental and social performance across the energy transition. We also highlight initiatives from our partner organisations and share insights from key United Nations meetings.
The May round-up showcases members’ commitment to support the local communities where they operate including flood relief support, fund raising for local non-profits, scholarships and internships. We also cover progress on biofuels, nature-based solutions and solar facilities as well as a partnership approach to assist industrial customers’ decarbonisation efforts.
Sustainability article round-up: April 2026
5 May 2026
The April round-up showcases continued investment in the energy transition alongside community and nature focused initiatives. Key themes include financing for low-carbon fuels, quantifying carbon stock in Brazil, partnerships to support education, and marine and coastal ecosystem restoration.
Sustainability article round-up: March 2026
26 March 2026
The March round-up showcases members’ support for a range of energy transition technologies including floating solar, green hydrogen, bio-methanol and geothermal power. It also highlights how member companies contribute to the communities in which the operate through STEM programmes and hospital expansion projects. We share updates from our partners including the IMO’s technical seminar on marine biofuels and OGCI’s collaboration with Carbon Mapper.
Sustainability article round-up: February 2026
26 February 2026
The February round-up shows strong momentum on energy efficiency, scaling low-carbon solutions, circularity and environmental performance.
