Oil and gas sector indifferent to environmental risks of flaring

Incremental pressure from high-profile international environmental fora and ‘solemn’ promises from the ‘big players’ in the global oil and gas industry to ‘change gears’ failed to yield the desired results in terms of reduced natural gas flaring in 2022, according to the Internal Energy Agency. (IEA). Nor is the IEA betting on the prospect of increasing pressure from environmental organizations and governments to reduce carbon emissions resulting in any meaningful shift from the flaring practice this year.