268:
177:
235:
247:
oil and gas companies to effect methane reductions in the broader supply chain. The toolkit also contains template documents for board resolutions, GHG committees, and contract clauses. The templates were written by the
Association of International Energy Negotiators as part of the most recent update to its Model International Joint Operating Agreement.
173:. To achieve the industry-government connection, MGP has launched AGMR, an initiative in which companies work with governments—especially in the developing world—to accelerate the development of climate-friendly methane policies and best-practice in methane reductions among NOCs, with the ultimate aim of driving down country-wide methane emissions.
246:
with other firms, MGP's Non-Operated Joint
Venture (NOJV) Toolkit provides guidance for alignment of different priorities and levels of expertise among the various stakeholders. NOJVs are increasingly becoming standard industry practice. Ensuring alignment between JV partners is an important way for
153:
To assess progress toward meeting these aims, every MGP member that actively operates oil and/or gas facilities must produce an annual progress report, all of which are publicly available for download. Areas of focus covered by the reports align with the five guiding principles and include summaries
194:
MGP engages in several public-facing initiatives. Most of these are targeted at operators of oil and gas facilities and other core players in the energy value chain. MGP's Best
Practice Guides are a set of documents that covers a range of methane management subjects for just such stakeholders. The
275:
Similarly, MGP's Policy
Toolkit provides guidance and resources for policymakers that they can leverage to promote methane reductions across the oil and gas ecosystem. It was conceived and launched in response to the Global Methane Pledge, in which 158 countries commit to reduce methane emissions
259:
Governments, especially those that run NOCs, often need guidance about methane and the most effective strategies to tackle it. For these stakeholders, MGP launched AGMR in late 2023. It is MGP's flagship government-facing initiative, in which companies connect with countries to move the needle on
250:
Solutions to various concerns among different segments of the energy value chain appear in MGP's educational collateral, which includes regular webinars on a variety of methane-related topics, such as satellite monitoring and technical solutions, and masterclasses which cover methane science,
230:
Similarly, the
Flaring Toolkit provides bespoke flaring-management pathways for oil and gas companies. Flaring is the process of combusting methane in the open air, which can lead to extensive carbon dioxide emissions. Clamping down on flaring is thus a major lever for methane reductions.
106:
By early 2020, membership had expanded to 35 organizations total. A steering committee, made up of one senior representative from each member organization, guides the strategic direction of the organization. Members meet in person at an annual roundtable to shape the work plan.
102:
In 2019, MGP launched a series of best practice guides that are meant to provide practical, hands-on lessons for oil and gas operators. Topics include flaring, venting, energy efficiency, and other relevant areas. MGP released updates to seven best practice guides in 2024.
34:
MGP is based on five key principles: continually reduce methane emissions, advance strong performance across gas value chains, improve accuracy of methane emissions data, advance sound policy and regulations on methane emissions, and increase transparency.
126:
In
November, 2023, MGP unveiled the Advancing Global Methane Reductions (AGMR) initiative. AGMR connects governments with private companies at the forefront of methane management, in order to catalyze policy action, drive emissions reductions among
110:
In
September, 2022 MGP, in collaboration with the Global Gas Flaring Reduction Partnership and OGCI, launched the Methane Flaring Toolkit, a flagship initiative that provides bespoke and interactive guidance on reducing
118:
In March, 2023 the
Methane Inventory Systematic Tool (Mist) 2.0 was released; MGP was one of four organizations that worked on an update to the free tool, which energy companies can use to produce a methane
688:
493:
264:. The partnership includes workshops and other events to strengthen collaboration. The partnership started in December, 2023, when the two organizations signed a memorandum of understanding.
27:
value chain. It was founded in 2017 and currently has 46 members from around the world. It mainly operates as a convening body to disseminate best practices with regard to
267:
176:
454:
709:
787:
606:
161:, and industry and government. To achieve the former, MGP includes as supporting organizations several NGOs and multilateral bodies, including the
376:
170:
251:
methane reduction strategies and planning, measurement techniques, technologies, policy updates, and where to get guidance and support.
436:
234:
180:
The
International Energy Agency presents data showing the importance of cutting methane emissions to an audience of MGP members.
356:
88:
84:
96:
162:
357:"Methane Guiding Principles and OGCI - UNECE Industry workshop on reducing methane emissions from the gas sector"
92:
622:
337:
689:"The Methane Guiding Principles launches initiative supporting 20 countries on methane emissions reduction"
260:
methane emissions up and down the value chain. An example of AGMR work is a partnership between bp and the
745:
238:
Flaring occurs when natural gas is combusted in open air, leading to extensive carbon dioxide emissions.
128:
31:
management, measurement, and abatement, with the ultimate aim of enabling global methane reduction.
634:
588:
414:
120:
20:
548:
792:
529:
44:
670:
319:
76:
393:
43:
MGP was founded at a global roundtable in
November, 2017 by a consortium of eight major
652:
143:
Widespread use of tools, technologies, and best practices related to methane management
154:
of actions completed over the previous year and intended actions in the year to come.
781:
243:
158:
72:
377:"Reducing methane emissions across the natural gas value chain - Guding Principles"
271:
bp and SOCAR host a roundtable on methane reduction as part of the AGMR initiative.
24:
296:
166:
80:
56:
726:
569:
64:
623:
https://www.worldbank.org/en/programs/gasflaringreduction/methane-explained
223:
Identification, detection, measurement and quantification (updated in 2024)
394:"Expanded Methane Guiding Principles partnership agrees its 2020 workplan"
763:
653:"Live & On Demand Methane Webinars Delivered By Experts | MGP"
570:"Advancing Global Methane Reductions | Methane Guiding Principles"
226:
Transmission, storage, LNG terminals and distribution (updated in 2024)
112:
68:
28:
131:(NOCs), and help officials craft sound policy with regard to methane.
727:"SOCAR, BP to cooperate to reduce methane emissions [PHOTOS]"
475:
60:
549:"MGP launch initiative to support 20 countries on methane reduction"
511:
297:"About Methane Guiding Principles | Reducing Methane Emissions"
266:
261:
233:
195:
material in the guides is current as of 2019, except where noted:
175:
671:"Take Your Methane Strategy To The Next Level | Masterclass"
494:"Methane Guiding Principles Launches the Methane Flaring Toolkit"
530:"Introducing: Mist 2.0, tool to help reduce methane emissions"
415:"Methane Reduction Management Best Practice Guides | MGP"
52:
607:"Methane Guiding Principles Signatory - Chevron - April 2024"
149:
Reductions in methane emissions from the global energy sector
19:(MGP) is a membership-based organization that aims to reduce
79:. Its founding was endorsed by several industry consortia,
48:
746:"Methane Policy Toolkit | Methane Guiding Principles"
710:"bp, SOCAR host AGMR site visits, workshops in Azerbaijan"
455:"Group of Energy Companies Prioritizes Methane Reductions"
157:
MGP also aims to serve as a bridge between industry and
262:
State Oil Company of the Republic of Azerbaijan (SOCAR)
437:"Methane Guiding Principles 2024 Best Practice Guides"
276:
from human activities 30% below 2020 levels by 2030.
635:"Joint Ventures | Methane Guiding Principles"
320:"Collaborating To Drive Change | MGP Members"
8:
139:MGP's objectives for its members include:
547:Baranovskyte, Erika (November 30, 2023).
146:Greater transparency in methane reporting
704:
702:
564:
562:
764:"Homepage | Global Methane Pledge"
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430:
428:
409:
407:
371:
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314:
312:
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338:"About The Methane Guiding Principles"
217:Operational repairs (updated in 2024)
99:, all of whom are still MGP members.
89:Oil and Gas Climate Initiative (OGCI)
7:
171:United Nations Environment Programme
242:For energy companies who engage in
214:Pneumatic devices (updated in 2024)
199:Engineering design and construction
744:Barry, Matt (September 25, 2023).
589:"Annual Member Reports | MGP"
14:
788:Organizations established in 2017
435:Guthrie, Duncan (July 15, 2024).
208:Equipment leaks (updated in 2024)
97:International Energy Agency (IEA)
587:Jobbings, Harry (May 8, 2024).
129:national oil and gas companies
85:non-governmental organizations
1:
750:methaneguidingprinciples.org
675:methaneguidingprinciples.org
657:methaneguidingprinciples.org
639:methaneguidingprinciples.org
593:methaneguidingprinciples.org
574:methaneguidingprinciples.org
553:methaneguidingprinciples.org
534:methaneguidingprinciples.org
498:methaneguidingprinciples.org
459:methaneguidingprinciples.org
441:methaneguidingprinciples.org
419:methaneguidingprinciples.org
342:methaneguidingprinciples.org
324:methaneguidingprinciples.org
301:methaneguidingprinciples.org
185:Initiatives and publications
768:www.globalmethanepledge.org
809:
163:Environmental Defense Fund
17:Methane Guiding Principles
211:Venting (updated in 2024)
202:Flaring (updated in 2024)
516:www.mist.carbonlimits.no
512:"Mist by Carbon Limits"
480:Methane Flaring Toolkit
272:
239:
181:
87:(NGOs), including the
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237:
220:Continual improvement
179:
69:Statoil (now Equinor)
733:. December 15, 2023.
500:. September 5, 2022.
190:For energy companies
695:. December 4, 2023.
461:. January 22, 2020.
400:. January 17, 2020.
121:emissions inventory
677:. August 14, 2023.
641:. August 23, 2023.
421:. August 23, 2023.
273:
240:
182:
536:. March 22, 2023.
21:methane emissions
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45:energy companies
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731:Azernews.Az
81:think tanks
25:natural gas
782:Categories
280:References
205:Energy use
167:World Bank
57:ExxonMobil
23:from the
169:and the
95:and the
793:Methane
165:, IEA,
113:flaring
39:History
29:methane
476:"Home"
398:Ipieca
75:, and
61:Repsol
713:(PDF)
610:(PDF)
380:(PDF)
360:(PDF)
65:Shell
135:Aims
83:and
93:RMI
53:Eni
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63:,
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49:bp
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