Oil and natural gas companies are evaluating options for reducing greenhouse gas (GHG) emissions, developing project plans, and implementing emission reduction projects either voluntarily or to comply with regulatory requirements. At the same time, various domestic and international organizations are developing guidance and procedures for quantifying, reporting, and registering project-level GHG emission reductions. This presents a challenge for oil and natural gas companies, where multi-national operations must be managed within a variety of GHG programs. Guidance is needed that is suitable for a broad range of climate change regimes or GHG registries and will serve the industry’s global operations.

IPIECA and the American Petroleum Institute (API) have produced a series of good practice guidance documents for greenhouse gas reduction projects. The purpose of these documents is to develop a voluntary framework for assessing GHG emission reductions associated with specific types of oil and natural gas projects, including references to relevant methodologies or guidance. It also aims to assist the industry by providing guidelines on identifying, assessing, and developing candidate projects that would lead to credible emission reductions.

• Oil and natural gas industry guidelines for greenhouse gas reduction projects
• Oil and natural gas industry guidelines for greenhouse gas reduction projects: carbon capture and geological storage emission reduction family
• Oil and natural gas industry guidelines for greenhouse gas reduction projects: flare reduction project family