New Zealand Oil and Gas Limited (NZOG) is a prominent player in the oil and gas industry, headquartered in Wellington, New Zealand. Founded in 1981, the company has established itself as a key operator in the Taranaki Basin, a region rich in hydrocarbon resources. NZOG focuses on exploration, development, and production of oil and gas, with a commitment to sustainable practices and innovation. The company’s core services include the exploration of new oil and gas fields and the development of existing assets, which are distinguished by their strategic approach to resource management. NZOG has achieved significant milestones, including successful drilling campaigns and partnerships that enhance its market position. With a reputation for reliability and expertise, New Zealand Oil and Gas continues to contribute to the energy landscape of New Zealand and beyond.
How does New Zealand Oil And Gas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
New Zealand Oil And Gas's score of 3 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, New Zealand Oil and Gas (NZOG) reported carbon emissions of approximately 25,000 kg CO2e under Scope 1. This figure is consistent with their emissions from 2022, where they also recorded about 25,000 kg CO2e for Scope 1 emissions, alongside 15,601,000 kg CO2e for Scope 2 emissions. Over the years, NZOG's Scope 2 emissions have shown an increase, with 15,629,000 kg CO2e in 2021 and 15,290,000 kg CO2e in 2020. The emissions intensity for electricity has varied, with values of 4,540 kg CO2e/TJ in 2022 and 6,230 kg CO2e/TJ in 2021, indicating fluctuations in their operational efficiency. Despite these emissions figures, NZOG has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. Their climate commitments remain vague, with no documented pledges or targets for emissions reduction. As a player in the oil and gas industry, NZOG is positioned within a sector that faces increasing scrutiny regarding climate impact and sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 00,000 | 00,000 |
Scope 2 | 5,529,000 | 0,000,000 | 00,000,000 | - |
Scope 3 | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
New Zealand Oil And Gas is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.