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The following text was released by the Governments of the United States of America and the European Union. Today, the United States, the European Union, and 11
“Azerbaijan's state energy firm SOCAR aims to achieve net zero carbon emissions in early 2022 in extracting oil and gas at its own sites,” SOCAR Vice President on environmental affairs Rafiga Huseynzade told Reuters
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 combustion. This paper explores how our industry can materially reduce flaring.
Natural gas flaring is a complex and evolving practice governed by economics, regulation, and safety. Read on to learn more about natural gas flaring, key statistics, environmental impact, and alternatives.