Key Takeaways
- In 2022, the petroleum industry reduced methane emissions intensity by 45% since 2017 through leak detection and repair programs across major operators
- Global upstream oil and gas operations flared 140 billion cubic meters of gas in 2022, equivalent to 4% of total gas production and emitting 400 million tonnes of CO2
- ExxonMobil achieved a 30% reduction in Scope 1 and 2 GHG emissions per barrel of oil equivalent from 2016 to 2022 via electrification and efficiency measures
- In 2022, the petroleum industry recycled 85% of produced water in Permian Basin, reusing 2.5 billion barrels annually to minimize freshwater drawdown
- Chevron's global operations recycled 92% of water used in hydraulic fracturing in 2022, conserving 150 million barrels equivalent
- ExxonMobil treated and reused 80% of shale water in Permian, reducing freshwater use by 45% from 2019 levels
- In 2022, oil sands tailings ponds covered 930 km² in Canada, with 70% water recovery via new polymer tech
- Chevron zeroed solid waste to landfill in California refineries, diverting 99% via recycling in 2022
- ExxonMobil recycled 92% of drilling waste globally, converting 500,000 tonnes to road base
- Chevron's Kern River field improved steam efficiency by 15% with cyclic injection, reducing energy use per barrel by 10%
- ExxonMobil's Guyana operations achieved 95% uptime with digital twins, saving 5% energy
- Shell deployed floating wind turbines powering 20% of North Sea platforms' energy needs in 2023
- The petroleum industry invested $50 billion in community programs in 2022, supporting 10 million people globally
- Chevron's workforce diversity reached 40% women and minorities in leadership by 2023
- ExxonMobil trained 100,000 local workers in skills programs since 2010
The petroleum industry is making significant progress by cutting emissions and conserving water worldwide.
Emissions and Climate Change
Emissions and Climate Change Interpretation
Energy Efficiency and Renewables
Energy Efficiency and Renewables Interpretation
Social and Economic Sustainability
Social and Economic Sustainability Interpretation
Waste and Pollution Control
Waste and Pollution Control Interpretation
Water Resources
Water Resources Interpretation
Sources & References
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