Gas Flaring And Its Effects On The World

Introduction When the oil and gas companies drill for oil, they also get a byproduct of drilling is natural gas. This gas can be used to generate power and then those power can resell as electricity; but this conversion process requires a lot of investment such as pipelines, power plants, and infrastructure. However some oil Company just sell the oil and burn the gas because it’s cheap compare to extract it, which is called gas flaring. Flaring and venting of natural gas is a wasted resource from an

When the oil and gas companies drill for oil, they also get a byproduct of drilling is natural gas. This gas can be used to generate power and then those power can resell as electricity; but this conversion process requires a lot of investment such as pipelines, power plants, and infrastructure. However some oil Company just sell the oil and burn the gas because it’s cheap compare to extract it, which is called gas flaring. Flaring and venting of natural gas is a wasted resource from an economic

Locating and Quantifying Flaring Activities Although gas flaring has been a fundamental activity in the oil and gas industry since the discovery of oil, the exact magnitude of the problem both globally and regionally has been uncertain, reported data from governments and independent oil companies had its errors and limitations. In 2001, Elvidge et al. proposed that the Defence Meteorological satellite program (DMSP) Operational Linescan system’s (OLS) Night-time lights of the world data could be used identify

amounts of gas by burning it off. It doesn’t have to,” brings attention to the wasteful act of burning off fuel. Gross supplies abundant reasons industries should look into other avenues of recycling and use such scarce resources for the good of the environment instead of the bad. The question isn’t necessarily that we can harvest these salvaged fuels, but do the benefits outweigh the negatives in cost or environmental issues when doing so? While Gross did bring out adequate reasons why the world should

Nigeria a tremendous economic boost, nearly sixty percent of that oil production has been carried out under Shell’s regulation, and during these past six decades, there has been enormous environmental degradation because of frequent oil spills and gas flaring. This has led to a polluted fish ponds and declining growth of crops in Niger communities. Shell has personally financed Nigerian militants to insure the production of oil, and this has led to brutal murders and illegal executions of community members

Three hundred million, five-hundred thousand dollars would pay for the tuition of around 5,207 students at Texas Christian University. That is around half of TCU's estimated 10,000 student population. ("Schools and Colleges"). The major oil company, Exxon Mobil, will use that much money in response to their factory pollution. Exxon Mobil is one of the big firms that dominates the gasoline industry in the United States. Further, the gasoline industry is an example of an oligopoly, a market with the

CHAPTER THREE LEGAL FRAMEWORK IN THE MAKING CSR: Issue of Law or Morality There has been a long drawn out debate on whether CSR should be catered for by law or one that should be left to individuals and organisations morality. Law, a coercive order, seeks to bring about a specific mode of human conduct by force, whereas morality which is a persuasive system appeals to the conscience of the individual required. A rule is a rule of morality if by common practice of the community, it applies only to

Natural gas is useful for multiple purposes. The gas is used everywhere including homes all around the world, but no one questions where it comes from. Natural gas is found in the Marcellus shale which is a rock of sediment most prominently located in northeastern America. The sedimentary rock is thousands of feet down in the earth making it hard to obtain. Mankind was finally able to reach this rock through a technique called fracking which is simply a kind of drilling. Once a desired location is

Niger Delta Development Commission (NDDC) Act 2000 Promulgated in 2000, the NDDC Act highlights the importance of addressing the “problems” which arise from the exploration of oil minerals in the Niger-Delta area […]” .Section 2(1)(b) of the NDDC Act sets out rules for the composition of the Niger Delta Development Commission reflecting the need for a stronger representation of the oil producing states. In addition, Section 2(1)(c) provides for the representation of non-oil producing states while

Legal framework in the making CSR: Issue of Law or Morality There has been a long drawn out debate on whether CSR should be catered for by law or one that should be left to individuals and organisations’ notion of morality. Law, a coercive order, seeks to bring about a specific mode of human conduct by force, whereas morality which is a persuasive system appeals to the conscience of the individual required. A rule is a one of morality if by common practice of the community, it applies only to the