Executive summary The modest global reduction in flaring should be applauded, but it is majorly insufficient and leaves money on the table as economies struggle The World Bank’s Global Gas Flaring Reduction programme recently published its annual assessment of...
We were delighted to be featured this month in the Global Voice of Gas, the quarterly journal of the International Gas Union. Our article (which is available on the IGU site here) outlines our journey and our approach to...
Dear Partners, Collaborators, Investors, and Media Partners, Beyond the untold human suffering, the horrors of Putin’s unjustified war in Ukraine have sharpened our focus on fixing the global energy system. The world urgently needs to increase energy security, address energy affordability...
Executive summary 49 countries flag as “code red” on gas flaring today – meaning that flaring is material in scale and urgent action is required to reduce it. Whilst most of these countries have already been making bold promises...
Gas flaring is a significant source of economic and environmental waste. By reducing flaring, oil & gas companies can capture additional revenues and decarbonise operations. However, the decarbonisation potential is significantly underestimated due to invisible methane emissions from incomplete...
Executive Summary The latest flaring data, published yesterday by the World Bank, shows some positive movement – a 5.2% drop in gas flaring. However, this is way off-track to deliver the 90% reduction we need (according to the IEA)...
Executive summary The World Bank released this week it’s latest Global Gas Flaring Tracker Report. The figures are concerning: gas flaring in 2019 has increased by 3% vs 2018, to 150 BCM per year, reaching levels last seen in...