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Tourmaline’s MiQ ‘A’ Methane Rating Highlights ESG Focus as Gas Lags Oil

Tourmaline’s MiQ ‘A’ Methane Rating Highlights ESG Focus as Gas Lags Oil

Tourmaline Oil Corp., Canada’s largest natural gas producer, has become the first company globally to secure MiQ certification for its fully integrated gas production system, earning a top Grade ‘A’ for methane performance. The development comes as natural gas prices, represented by Natural Gas, remain under pressure, while oil benchmarks Oil – US Crude and Oil – Brent Crude trade higher, highlighting diverging trends between gas and oil markets.

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Over the past month, natural gas has dropped about 43%, reflecting oversupply concerns and mild demand conditions, and its 1-day technical signal points to a Strong Sell, underscoring continued downside risk. In contrast, U.S. crude has gained roughly 9.7% with a near-term Buy signal and Brent is up about 10.1% and also flashing a short-term Buy, suggesting stronger momentum in the oil complex than in gas. Investors can explore more updates, prices, and analysis across global markets at Commodities.

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