Oil and Gas Sustainability
Oil and Gas represents 60% of the world’s energy consumption over the next 30 years.
Decarbonizing its production cycle will improve viability and create opportunities for alternative carbon revenue.
The pursuit of our vision to create a world that runs entirely on green energy must take place sustainably. Through our sustainability strategy, we advance our positive contributions to society and minimise potential adverse impacts.
Sustainability in oil and gas refers largely to “development that meets the needs of the present without compromising the ability of future generations to meet their own needs” With respect to oil and gas this has come to include the environmental impact of greenhouse gas emissions and the resulting global warming that threatens many aspects of our lives.
As Natural gas plays an increasing role in our global energy needs the reduction of greenhouse gas emissions in the production of this energy is critical. As sour gas is also prevalent in many countries experiencing strong economic growth the reduction of CO2 through improved technology is helping to reach the desired net zero emission outcome by the 2050 target.
Titan Electricity’s new technology for upstream gas production helps lessen the impact of this fossil fuel on the environment.
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Titan Electricity is committed to providing viable technology to help decarbonize the oil and gas industry – Learn more by contacting our team