Browsing: Sustainable future of oil and gas industry

oil and gas companies

There are formidable challenges faced by the oil and gas industry across Africa, the Middle East and Asia (AMEA) regions, but perhaps the most pressing is the need for environmentally sustainable power solutions.

Currently, flaring poses a significant threat to the sector across its environmental impact and the cost to the company. Around 139 billion cubic metres (bcm) of natural gas are flared annually, releasing carbon dioxide (CO2), methane and black soot that affect climate change and human health. It also directly influences the sector’s ability to achieve Net Zero and the transformative target of eliminating non-emergency flaring by 2030.…