Potential Blocking of Oil and Gas Projects by Regulator Due to High Emissions

Wednesday, 27 March 2024, 07:53
A recent warning from the regulator highlights the threat of blocking oil and gas projects that fail to reduce emissions. Key areas for improvement include reducing rig flaring and increasing the use of green electricity within the industry. The industry faces the risk of project blockages if emission cuts are not implemented effectively.

Regulator's Warning on Emission Reduction

A recent warning from the regulator emphasizes the importance of cutting emissions in oil and gas projects.

Key Areas for Improvement

  • Reducing rig flaring
  • Improving the use of 'green' electricity

The industry must address these issues to mitigate the risk of project blockages.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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