GHG emissions have emerged as a key competitive metric for oil and gas companies. The debate around the short- and long-term role of oil and gas in the energy transition is now mainstream, contentious, and shifting. What is the state of GHG emissions understanding (or lack thereof)? How could rising oil and gas ambition impact the outlook? What practical steps are companies taking to reduce their GHG footprint, and methane in particular? What is the path forward for industry?