November 28: global gas flaring news

Last week was pretty turbulent. Biden coordinated an international non-OPEC release of strategic oil reserves, and then “black Friday” arrived with a new strain of Coronavirus leading to a sharp oil price fall. Plus some new big deals in Libya were announced.


  • Capterio’s CEO, Mark Davis, was a co-panelist on a panel hosted by the Society of Petroleum Engineers International (see photo below) discussing innovation, technology and culture associated with low-emission drilling.  Leading companies are lowering emissions today with a wide range of solutions ranging from greater energy efficiency, electrification/fuel-switching, reduced flaring by design, low-carbon cement and lower carbon drilling fluids. Collaboration and integration between all players across the supply chain is key, supported by remote sensing including satellite detection of flaring from FlareIntel Pro. 

Industry news