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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, headquartered in GB, operates in the crude petroleum and services related to crude oil extraction industry. In 2023, the company reported total emissions of approximately 180,157,000 kg CO2e. This included Scope 1 emissions of about 180,136,000 kg CO2e and Scope 2 emissions of approximately 21,000 kg CO2e. Scope 3 emissions for 2023 totalled around 1,880,000 kg CO2e, comprising 150,000 kg CO2e from capital goods, 1,430,000 kg CO2e from purchased goods and services, and 289,000 kg CO2e from waste generated in operations.
Nostrum Oil & Gas PLC aims to contribute to Kazakhstan's strategy to achieve carbon neutrality by 2060. The company also aligns with Kazakhstan's national goal of reducing greenhouse gas emissions by 15% from 1990 levels by 2030, covering all scopes of emissions. For 2023, Nostrum Oil & Gas PLC set a year-on-year reduction target of 5% for actual CO2 emissions in both Scope 1 and Scope 2.
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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