Emissions plume sites.
Emissions plume sites. Credit: GHGSat.

GHGSat has entered into a data-licensing agreement with the S&P Global Commodity Insights to provide emissions data for the oil and gas industry.

GHGSat said the “collaboration between GHGSat and S&P will allow commodity stakeholders and market players to make informed decisions and achieve their emission reduction goals. This is the first step of a larger partnership with a focus on deepening the understanding of methane emissions.”

In March of 2020 GHGSat signed a deal with Bloomberg to provide weekly methane emissions risk predictions data to Bloomberg’s Enterprise Access Point platform.

Stephane Germain, CEO, GHGSat said, “GHGSat’s unique facility-level methane emissions data will bring a fresh perspective to S&P Global Commodity Insights’ industry-leading breadth of experience. This is a great opportunity for GHGSat and our oil & gas customers, and we’re eager to see the insights and reporting that is generated as a result of this data collaboration.”

This latest deal, along with the Bloomberg and other licensing agreements, only serves to strengthen the company’s lead in commercial emissions monitoring.

Marc Boucher is an entrepreneur, writer, editor, podcaster and publisher. He is the founder of SpaceQ Media. Marc has 30+ years working in various roles in media, space sector not-for-profits, and internet content development.

Marc started his first Internet creator content business in 1992 and hasn't looked back. When not working Marc loves to explore Canada, the world and document nature through his photography.

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