Nostrum Oil & Gas PLC, a prominent player in the oil and gas industry, 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 operator in the exploration and production of hydrocarbons, focusing on the development of its flagship asset, the Chinarevskoye field. Nostrum Oil & Gas is renowned for its commitment to efficient production techniques and sustainable practices, setting it apart in a competitive market. With a strong emphasis on innovation, the company has achieved significant milestones, including the successful expansion of its production capacity. As a result, Nostrum has positioned itself as a reliable supplier of high-quality oil and gas products, contributing to energy security in the region and beyond.
How does Nostrum Oil & Gas PLC'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 Crude Oil Extraction 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.
Nostrum Oil & Gas PLC's score of 17 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nostrum Oil & Gas PLC reported actual CO2 emissions of approximately 176,277 tonnes and total greenhouse gas emissions of about 180,157 tonnes CO2e. The company has set a target for a 5% year-on-year reduction in actual CO2 emissions for both Scope 1 and Scope 2, which is in line with their commitment to reducing their carbon footprint. This reduction target is part of their near-term strategy, which began in 2022 and aims to continue through 2023. Nostrum's emissions data indicates a significant focus on upstream emissions, with production emission factors reported at approximately 48,913,000 kg CO2e per million barrels of oil equivalent (mmboe) in 2023, and 35,207,000 kg CO2e/mmboe in 2022. The company has not disclosed specific Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Additionally, Kazakhstan, where Nostrum operates, has set an ambitious goal to reduce greenhouse gas emissions by 15% from 1990 levels by 2030, further supporting the company's climate commitments. Overall, Nostrum Oil & Gas PLC is actively working towards reducing its carbon emissions and aligning with broader climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | |
---|---|---|---|---|---|
Scope 1 | 257,154,800 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 4,094,500 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Nostrum Oil & Gas PLC is not participating in any of the initiatives that 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.