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/PRNewswire/ Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") today announced that the two representatives of Apollo Global Management ("Apollo").
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Fossil fuel companies are promoting âlower carbon,â âresponsibly sourcedâ oil and gas
The oil and gas industry is looking to capitalize off an increasingly-popular socially responsible investing wave that emphasizes the environment.
This month, EQT, the nationâs largest natural gas producer, plans to launch a pilot project that will certify it to start selling not just natural gas, but something it calls âresponsibly sourced natural gas.â
EQTâs move comes on the heels of a similar announcement from Chesapeake Energy, one of the pioneers of fracking which recently emerged from bankruptcy. Both EQT and Chesapeake will seek certification from outside providers, including a business called Project Canary, which touts its ability to collect data on methane emissions and pollutants from oil and gas wells and offers a certification it calls TrustWellâ¢.