In the world of energy production, gas flaring—the controlled burning of excess natural gas during oil extraction—remains a persistent challenge. This practice not only wastes a valuable resource that could power homes and industries but […]
Capturing and using gas lost in global flaring, venting and leaking could be a $48 billion revenue opportunity, according to a new report from independent satellite monitoring and research company Capterio. Building on the recent World Bank findings […]
We estimate the annual reported volume of natural gas that is vented or flared in the United States declined to 0.5% of gross withdrawals in 2023, based on preliminary state and federal data. We estimate this percentage will be the lowest […]
Operators drilling for oil in Texas are scrambling to dispose of excess natural gas amid a supply glut and weak prices, prompting a sharp rise in flaring requests. The Railroad Commission of Texas (RRC), which […]
Overview This Fact Sheet analyzes the upstream oil industry’s record on flaring in Canada relative to other top oil-producing countries. Gas flaring is the burning off of the natural gas that is generated in the […]
GEORGETOWN, – Exxon Mobil Corp said on Friday it will reinstall a gas compressor at its Liza Destiny platform off Guyana’s coast in June, after an equipment failure last month prompted the company to slash output. The […]
A global oil and gas giant sought to eliminate most flaring in the next five years, led by a facility in the Permian Basin. BP announced it was moving toward zero routine flaring, or the burning […]
Gas flaring in the largest U.S. shale plays has been in the spotlight since the shale revolution started. Pressure from society and ESG investors have recently turned up the heat on the oil and gas […]
Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]
As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]
Copyright © 2025 | Sandstone Group