Martha Vasquez

Martha Vasquez is a core member of the Energy practice at Boston Consulting Group, specializing in upstream oil and gas, and oil and gas assets decarbonization and decommissioning.

Martha’s consulting experience for clients worldwide includes strategy, diagnostics and benchmarks, cost reduction, cost models, commercial due diligence, and digital dashboards. She has worked on projects covering upstream oil and gas exploration, development, production operations, decarbonization, and decommissioning.

Before joining the firm, Martha worked at McKinsey & Company and Schlumberger, where her focus was on production optimization, well intervention, field operations, and field development planning.

She leads globally at BCG the topics of Upstream and Midstream Assets Decarbonization including Methane Abatement, Flaring Reduction, Energy Efficiency and Electrification, and Decommissioning. She is a Partner and Associate Director at BCG.

Session Overview

Wednesday, 5 November

11:20

Global strategy ICC Hall A 11:20 - 12:00

Methane emissions reduction: a decarbonisation priority

Addressing methane emissions across the global energy value chain represents a critical opportunity for immediate climate impact and decarbonisation progress. According to the International Energy Agency (IEA), the energy sector was responsible for nearly 130 Mt of methane emissions in 2023, and further research shows that a large percentage of that total was from oil and gas assets.

Significant momentum has emerged through collaborative initiatives, including the Global Methane Pledge, new regulatory frameworks in the U.S. and EU – including Europe’s groundbreaking measurement, reporting and verification (MRV) requirements for all hydrocarbon imports – and industry-led commitments like the Oil and Gas Decarbonisation Charter. These pragmatic solutions champion an inclusive approach to emissions reduction while maintaining energy security.

However, accelerating breakthrough technologies remains essential to overcoming persistent challenges in detection accuracy, data transparency, and supply chain complexity. Cross-sector cooperation between energy companies, technology innovators, and policymakers is vital to developing robust monitoring systems and implementing effective mitigation strategies that deliver measurable, cost-efficient results.

Attendee insights:

Explore how strategic collaboration between industry and government is transforming methane management through innovative technologies and supportive policy frameworks, creating pathways to deliver energy in the most carbon-efficient way possible while ensuring continued economic growth and energy security.