HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 15.Jan.2026, Words: 199) — PetrĂłleos Mexicanos (Pemex) said it is successfully advancing its environmental sustainability program through the strategic and progressive shutdown of flares at its operating centers. This allows the gas, instead of being incinerated in the atmosphere, to be safely conveyed […]
Tag: flaring
EP Petroecuador advances plans to extinguish gas flaring points across its operations
BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 14.Jul.2025, Words: 366) — EP Petroecuador continues to advance with plans to progressively extinguish gas flaring points, this time with the shutdown and dismantling of 7 such points located in the Sacha, Indillana and Auca fields. With this action, the state-owned company […]
EAI Brief: Venezuela flaring 2x what it consumes, Chevron eyes $35bn in Capex in Guyana
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 25.Jun.2025, Words: 206) — Venezuela, home to massive natural gas reserves, is flaring 2 times what the country consumes, according to Venezuelan economist and energy sector expert Rafael Quiroz. RELATED: Venezuela flared 46% of its 3,895 MMcf/d of natural gas production […]
Pemex joins global initiative “zero routine flaring by 2030”
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 26.Mar.2025) — Mexico’s PetrĂłleos Mexicanos (Pemex) formally joined the global initiative “zero routine flaring by 2030.” As such, the state-owned company is committing to eliminate routine gas flaring in all new oil field development projects and to phase out existing routine flaring […]
NSTA reveals its overview 2025 for the UK energy space
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 5.Mar.2025) — The UK is at the start of an exciting new chapter devoted to the vital energy transition which integrates the North Sea’s carbon capture, hydrogen, wind and oil and gas resources. The global climate crisis demands the “transition happens at pace […]
CNOOC Fined ÂŁ825,000 for North Sea Flaring or Venting Breaches
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — The North Sea Transition Authority (NSTA) has imposed a penalty of ÂŁ125,000 on CNOOC Petroleum Europe Limited for venting without consent at its Buzzard field, which is located 60 miles north-east of Aberdeen, on 2 separate occasions in the space of […]
APA Corp. Reduces Routine Flaring in Egypt by 40%
(APA Corp., 14.Nov.2022) — APA Corporation (Nasdaq: APA) today announced the achievement of a compensation-linked environmental, social and governance (ESG) goal to reduce upstream routine flaring across Egypt operations by 40%. The goal was reached ahead of schedule and is the result of numerous emissions reduction projects executed in Egypt […]
Ecuador Seeks Partner to Stop Gas Flaring as Anger Rises in the Amazon
(Reuters, 17.Jun.2022) — Ecuador oil company Petroecuador says it is working to shut down gas flares in the Amazon to comply with a court-imposed deadline, but progress is too slow for nearby communities who allege the flares cause cancer and other illnesses. A provincial tribunal in Sucumbios province last year […]
Gov’t Worked With Exxon For Maximum Production
(DPI, 20.Dec.2020) — The government of Guyana says it welcomes the announcement by US oil and gas company ExxonMobil that it has reached maximum production of 120,000 barrels of oil per day (b/d) – a success to which it has contributed. Minister of Natural Resources Hon. Vickram Bharrat said the […]
ExxonMobil Reveals Emission Reduction Plans
(Exxon, 14.Dec.2020) — ExxonMobil plans further reductions in greenhouse gas emissions over the next five years to support the goals of the Paris Agreement and anticipates meeting year-end 2020 reductions. — Greenhouse gas plans consistent with goals of Paris Agreement — Sets 2025 greenhouse gas emission reduction plan: intensity of […]
Guyana Lists Flaring Production License Details
(Energy Analytics Institute, 5.Oct.2020) — Guyana’s Ministry of Natural Resources released flaring highlights related to the country’s petroleum production licenses. __________ By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.
Environment Group Calls On Exxon To Cease Gas Flaring
(Stabroek News, 28.May.2020) — As ExxonMobil yesterday continued to play up its Guyana investments at its virtual Annual Meeting of shareholders, global environmental and human rights organisation, the Center for International Environmental Law (CIEL) called on the company to heed environmental pollution warnings and immediately stop flaring gas here. Guyanese, […]
Ecopetrol Endorses Initiative To Eliminate Gas Flaring
(Ecopetrol, 30.Jan.2020) — Ecopetrol has adhered to the Bank World-let initiative called “Zero Routine Flaring by 2030”, whose goal is to eliminate the routine flaring of gas in the oil and gas fields as soon as possible and no later than 2030. The initiative, which was introduced by the World […]
Venezuela flaring nearly 2 Bcf/d of gas as oil production falls
CARACAS, VENEZUELA (Pietro D. Pitts, Energy Analytics Institute, 4.Apr.2019, Words: 280) — Venezuela, home to the world’s largest oil reserves and one of Latin America’s larger oil producers, is flaring around 2 billion cubic feet per day (Bcf/d) of natural gas associated with the production of the country’s bread-and-butter commodity, […]
Venezuela Seeks to Boost Gas Supply by Reducing Flaring
(Energy Analytics Institute, Piero Stewart, 15.Jun.2016) – Latin American oil producer Venezuela plans to increase the supply of natural gas in its domestic market by reducing flaring and using the once wasted resource as a raw material to supply its ailing petrochemical sector. Venezuela plans to increase domestic gas supply […]