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Nostrum Oil & Gas PLC, a prominent player in the crude petroleum sector, is headquartered in Great Britain and operates primarily in the oil-rich regions of Kazakhstan. Founded in 1997, the company has established itself as a key provider of services related to crude oil extraction, excluding surveying, and has achieved significant milestones in its operational journey.
Specialising in the exploration and production of oil, Nostrum Oil & Gas is recognised for its innovative approaches and commitment to sustainable practices. The company’s core offerings include the extraction and processing of crude oil, which are distinguished by their efficiency and adherence to high environmental standards. With a strong market position, Nostrum Oil & Gas continues to make strides in the industry, contributing to the energy landscape while prioritising responsible resource management.
+10 vs industry average
Nostrum Oil & Gas PLC’s score of 26 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Oil Extraction is among the most carbon-intensive industries
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Nostrum Oil & Gas PLC, a UK-headquartered company in the crude petroleum and related services industry, reported total carbon emissions of approximately 180,157,000 kg CO2e in 2023.
In 2023, the company's Scope 1 emissions, primarily from stationary combustion, mobile combustion, and fugitive emissions, were around 180,136,000 kg CO2e. Scope 2 emissions accounted for approximately 21,000 kg CO2e. Scope 3 emissions were reported as approximately 1,859,000 kg CO2e, including emissions from capital goods, purchased goods and services, and waste generated in operations.
Nostrum Oil & Gas PLC has set a near-term absolute reduction target to achieve a 5% year-on-year reduction in actual CO2 for 2023. Additionally, the company acknowledges Kazakhstan's ambitious goal to reduce greenhouse gas emissions by 15% from 1990 levels by 2030, a target that applies across all scopes. Looking further ahead, the company aims for net-zero Scope 1 emissions by 2060, aligning with Kazakhstan's strategy to achieve carbon neutrality by the same year.
Looking at historical data, the company's total emissions were approximately 169,630,000 kg CO2e in 2022 and 187,479,000 kg CO2e in 2021.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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