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The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change. The rules, two years in the making, were announced by US officials at the United Nations COP28 climate change conference in Dubai. The United States and other nations attending the summit were expected to detail how they will achieve a 150-country pledge made two years ago to slash methane emissions by 30% from 2020 levels by 2030.

The Biden administration is finalizing regulations that will force the oil and gas industry to adopt expensive advanced technology to curb methane emissions.

By Nichola Groom and Valerie Volcovici (Reuters) - The Biden administration on Saturday unveiled final rules aimed at cracking down on U.S. oil and ga...

The Biden administration is finalizing regulations that will force the oil and gas industry to adopt expensive advanced technology to curb methane emissions.

By Nichola Groom and Valerie Volcovici (Reuters) - The Biden administration on Saturday unveiled final rules aimed at cracking down on U.S. oil and ga...