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Global Gas Flaring Surges to 17-Year High

Summary by Oil Price
Despite big promises by oil majors to reduce gas flaring, the practice continues to be a major issue, contributing to high levels of greenhouse gas emissions. The International Energy Agency (IEA) and several state governments are aiming to achieve a global green transition, but decarbonising certain sectors, such as the oil industry, is proving extremely difficult. If gas flaring continues to take place, it could compromise the acceleration to …

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Oil Price broke the news in London, United Kingdom on Saturday, July 26, 2025.
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