flaring

Major US oil and gas producers have cut the volume of natural gas flared from oil and gas wells by 50% in a year as measured by energy intensity, according to a partnership organized by the industry's largest trade group.

French operator will assist country with enhanced oil recovery, natural gas gathering, and solar projects.

Oil producers such as Exxon Mobil and Royal Dutch Shell are burning off gas in the largest oil field in the United States without required Texas state permits, the environmental group Earthworks said in a report.

Data center company Crusoe Energy Systems is sounding out investor interest in a potential debt deal that would help grow the firm’s Bitcoin mining business, according to people with knowledge of the mater.

Russian President Vladimir Putin has signed a new law regulating carbon dioxide emissions as the country strives to fulfill promises to significantly reduce its carbon footprint by 2030.

Iraq, which is second only to Russia in terms of gas flaring, is nearing an agreement with Total to implement dual-energy megaprojects to capture that gas and wean the country away from sanctioned Iranian gas and electricity imports. Solar power will play a major role.

A coalition of oil and gas trade groups says it aims to end routine flaring by 2030 as the Texas Railroad Commission indicates it will crack down on the practice.

The Texas oil and gas company will trim its carbon footprint in the coming years by building on a low-carbon investment that already totals more than $10 billion.

The practice of burning off natural gas is relatively rare in Colorado, but tough rules on flaring and venting may help the state meet greenhouse gas reduction goals.

Oil and gas producers in the state are being asked to submit data and economic analysis on why they cannot sell natural gas before they are granted permission to flare it.