Why we need clearer ESG metrics around gas flaring

Why we need clearer ESG metrics around gas flaring

Executive summary Flaring is a critical metric that many ESG-focussed groups (e.g. regulators, investors, ratings agencies, lenders, consumers and governments) are increasingly seeking to understand.  Some of these groups are facing particular urgency to finalise their sustainability accountability frameworks before COP26. We reviewed the corporate reporting on gas flaring from 13 leading oil and gas […]

Capterio webinar and feature article on gas flaring

Capterio webinar and feature article on gas flaring

This month, GeoExpro published its quarterly magazine with a feature article on gas flaring, written by Capterio’s Mark Davis, John-Henry Charles and Brian Hepp. The article (see it online here, or download it here) is a comprehensive introduction into the “what”, “why” and “where” of flaring – plus also outline some of the “how” around […]

New data confirms we are off track to eliminate gas flaring

New data confirms we are off track to eliminate gas flaring

Executive Summary The latest flaring data, published yesterday by the World Bank, shows some positive movement – a 5.2% drop in gas flaring.  However, this is way off-track to deliver the 90% reduction we need (according to the IEA) by 2025. More concerningly, the lower flaring in 2020 is a “blip”, due only to lower […]

Capterio launches free and open-access flare tracker tool, FlareIntel

Capterio launches free and open-access flare tracker tool, FlareIntel

Today, Capterio launched FlareIntel. FlareIntel is a free satellite-aided gas flare tracker for the oil & gas sector. FlareIntel enables anyone to track every flare, at every facility, globally. After all, routine flaring needs to end if we want to halve greenhouse gas emissions by 2030. We could prevent 1.2 billion CO2-equivalent tonnes being emitted into […]

Celebrating successful flare capture projects with independent data-driven evidence

Celebrating successful flare capture projects with independent data-driven evidence

Executive summary Gas flaring is a major source of economic and environmental waste, and the world is not yet “on track” to reach zero flaring by 2030.   But with COP26 coming up (and the global focus on the energy transition), the moment for action to reduce flaring is now. Flaring is frequently avoidable, using proven […]

Response to FT’s recent methane article: Don’t underestimate flaring’s methane contribution

Response to FT’s recent methane article: Don’t underestimate flaring’s methane contribution

Capterio published a letter in response to Leslie Hook’s concerning article reports that methane levels in the atmosphere surged in 2020 – the biggest increase since records began. The sources of methane emissions are well-documented: biological sources, such as wetlands;  agriculture and ruminants, particularly belching cows; and extraction and processing emissions from fossil fuels, especially […]

Flaring makes The Economist’s article “the other greenhouse gas” even more important

Flaring makes The Economist’s article “the other greenhouse gas” even more important

The Economist has an excellent article on “the other greenhouse gas”, being methane (CH4) this week. As it rightly says, whilst there is a lot of focus on carbon dioxide, we must not underestimate the importance of addressing methane. According to The Economist, oil and gas production creates 22% of man-made methane emissions (which was […]

Azerbaijan’s opportunities and challenges in flaring and methane emissions

Azerbaijan’s opportunities and challenges in flaring and methane emissions

Natural Gas World just published our latest thought piece, co-authored with colleagues Andrei Belyi and Aziza Khalilova. Click to read the article. January saw first gas from the new Southern Gas Corridor pipeline from linking Caspian gas to the Italian gas hub. A great diversification play for the EU, but also excellent that Azerbaijan’s industry […]

Capterio delivers key presentation at UK-Algeria Energy Transition conference

Capterio delivers key presentation at UK-Algeria Energy Transition conference

Capterio’s CEO, Mark Davis, gave a key presentation as part of a conference focussed on the Energy Transition as part of an event hosted by the Algerian and British governments. His speech was complemented by a keynote from Jeremy Oppenheim (Founding Partner of SYSTEMIQ and Programme Director of the Energy Transitions Commission). In his presentation, […]

Use it, don’t lose it! Minimising flaring near existing demand centres

Use it, don’t lose it! Minimising flaring near existing demand centres

Executive summary Flaring is major source of economic and environmental waste.  Yet our research highlights that at least 7% of total worldwide flare volumes (11 BCM per year) is within 10 km of gas demand centres (e.g. gas powerplants, chemicals plant, LNG terminals).  When this insight is integrated with data on the proximity of each […]