Executive summary The ESG focus is right. Whilst many large investors are reducing their exposure to the fossil fuel industry, they also need to be mindful of the material decarbonisation opportunities that need investment within the oil and gas...
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...
Today Chatham House published an expert commentary on the opportunity that flaring represents in the MENA (Middle East and North Africa) region to reduce emissions, create value and improve reputations. The article is authored by Adel Hamaizia (Associate Fellow,...
Gas flaring creates economic and environmental waste. Even though many companies and countries have committed to reducing flaring (and for many, this forms a key part of their “net zero” ambitions), the global numbers show little progress over the...
The global COVID pandemic and the oil price drop has driven an unprecedented challenge for the oil and gas industry. Whilst the crisis will inevitably change our way of life, some fundamentals - including the energy transition -...
Flaring is an issue which must be solved both for Europe’s domestic oil and gas production and for its external supply sources
As Egypt’s flagship Petroleum Conference has just finished it’s perhaps worth reflecting on the five themes we heard: There is a real sense of excitement in the energy sector within the region. As His Excellency the Minister of Petroleum...
Egypt has an opportunity to increase export revenues by $600 million p.a. and further decarbonise the sector by up to 90 million tonnes p.a. by tackling flaring venting and leaking
It’s interesting that exploration success is still announced with images of flaring – some companies think that this might challenge their sustainability credentials Sharjah National Oil Corporation (SNOC) announced the discovery of natural gas and condensate onshore at the...
Flaring is taking centre stage in the 2020 Texas Railroad Commissioner election campaign and the issue is gaining more attention than ever according to World Oil Capterio perspective: From the data, we see flaring in the Permian continues to...