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...
Gas flaring is increasingly recognised as a major source of economic and environmental waste. Flaring, which sits alongside “venting” and “leaking”, leads globally to the annual loss of at least $30 billion of valuable product, plus generates 1.2 billion...
By reducing gas flaring, we can reduce emissions, create value and accelerate the energy transition. COP26 can help us to accelerate flaring reduction.
by Christian Schaudwet Translated from original German to English. Original piece found on the Tagesspiegel website here. We are grateful to the author for allowing us to republish the work. Hundreds of billions of cubic metres of gas are burned...
Gas consumption is growing due to its perceived lower GHG emissions, and LNG is growing even faster. As the consumer preferences and legislation focusses attention on emissions, companies are increasingly marketing “carbon-neutral” LNG with offsets from carbon credits. However,...
Algeria has long been a major gas flarer but time may be running out for the practice as the EU moves to enforce its carbon border adjustment mechanism. This article was authored by Ajay Ubhi and was originally published...
Executive summary Flaring is a critical metric that many ESG-focussed groups (e.g. regulators, investors, ratings agencies, lenders, consumers and governments) are increasingly seeking to understand. Some of these groups are facing particular urgency to finalise their sustainability accountability frameworks...
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 Gas flaring is a major source of economic and environmental waste, and the world is not yet “on track” to reach zero flaring by 2030. But with COP26 coming up (and the global focus on the energy...