IEA: Energy Sector Methane Emissions Near Record High

15 Mar 2024 CW Team

The International Energy Agency (IEA) has released a report stating that methane emissions from the energy sector were at near-record levels in 2023. This finding underscores the urgent need for concerted global efforts to address methane emissions, given their significant contribution to climate change.

The IEA's report highlights the concerning trend of rising methane emissions, which pose a serious threat to efforts aimed at mitigating climate change. Methane is a potent greenhouse gas, with a much higher warming potential than carbon dioxide over a shorter timeframe. Thus, reducing methane emissions is crucial for limiting global warming and its adverse impacts.

The near-record levels of methane emissions from the energy sector indicate the need for comprehensive measures to curb emissions across various sources, including fossil fuel extraction, production, and distribution. Strategies such as improving leak detection and repair, implementing stricter regulations, and promoting cleaner technologies are essential for reducing methane emissions effectively.

Furthermore, addressing methane emissions aligns with broader efforts to transition towards a more sustainable and low-carbon energy system. By reducing methane emissions, the energy sector can contribute significantly to global efforts to achieve climate targets and mitigate the impacts of climate change on a global scale.

Overall, the IEA's report underscores the pressing need for decisive action to tackle methane emissions from the energy sector. Urgent and coordinated efforts are required from governments, industries, and stakeholders to implement effective mitigation measures and accelerate the transition to a cleaner and more sustainable energy future.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..