Skip to content
Monday 10 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,881.10
-0.18%
DAX
26,334.89
+0.06%
CAC 40
8,696.43
-0.21%
STOXX 50
6,527.69
+0.06%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 09 March 2023 1:43 pm

North Sea flaring falls by 50 per cent following clampdown

By: Nicholas Earl

Add as a preferred source on Google
North Sea oil firm NEO Energy has this evening announced that it has bought fellow explorer Zennor Petroleum for $625m (£450m).
The North Sea oil and gas sector is in a reduced state, making it prime ofr M&A activity - but there are few takers

Flaring in the North Sea has fallen by 50 per cent over the last four years after oil and gas firms operating there were put under tougher measurers to make production cleaner, according to new analysis from the North Sea Transition Authority (NSTA).

Offshore flaring fell 13 per cent last year to 22bn cubic feet (bcf) of gas, contributing to a total decrease of 50 per cent since 2018, when volumes totalled 44 bcf.

Last year’s reduction alone was equivalent to the gas demand of 80,000 UK homes.

About a fifth of emissions from North Sea oil and gas production activities come from flaring, which is when excess gas, released during the extraction process, is burned off – resulting in carbon dioxide emissions.

Some flaring is unavoidable for safety and operational reasons, but the NSTA has argued more can be done to cut flaring.

The NSTA started benchmarking flaring performance in 2020 and the following year issued tougher guidance, stating all new developments should have no routine flaring and venting.

Alongside tracking performance, the NSTA closely assesses operators’ applications for flaring consents and has ordered operators to temporarily restrict production to stay within agreed limits.

The NSTA has used sanctions powers for consents breaches – with £215,000 worth of fines issued in late-2022.

Hedvig Ljungerud, the NSTA’s Director of Strategy, said: “It is hugely encouraging to see North Sea flaring cut in half in just four years, something the NSTA has made a priority, and which supports both the UK’s energy security and net zero ambition. Industry also deserves credit for making this progress.

“The NSTA expects reductions to continue and remains firmly focused on both supporting and challenging industry on emissions, including from flaring and venting.”

Read more

Burnham’s cost of living push under threat as oil hits $100

Two men stand in the ocean with multiple oil tankers and cargo ships in the hazy distance.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Energy

Related Topics

  • Energy

Trending Articles

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • Hargreaves Lansdown orders staff back to office

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

  • A tribute to wine legend Matthew Jukes by his friend Libby Brodie

More from Morning Wire

  • Burnham’s cost of living push under threat as oil hits $100

    Markets
    Two men stand in the ocean with multiple oil tankers and cargo ships in the hazy distance.
  • Burnham to approve North Sea oil and gas drilling in policy blitz

    Politics
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • North Sea is not competitive, says BP boss days after exit

    Markets
    British Petroleum BP forecourt with fuel pumps and company signage visible in a business setting, highlighting energy serv...
  • BP quits North Sea after tax grab

    Energy
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

    Energy
    UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.
  • What Burnham could learn from BP’s pragmatism

    Energy
    BP logo and green lettering on a light background.
  • Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

    Politics
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Making Miliband chancellor would be a ‘mistake’, Trump officials warn

    Politics
    Donald Trump speaking at April event, wearing a suit and tie, with an expressive gesture and a serious facial expression
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook