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Crude Oil Extraction
CA
updated 7 days ago

ShaMaran Petroleum Corp.

Company website

ShaMaran Petroleum Corp., a prominent player in the oil and gas industry, is headquartered in Calgary, Canada. Founded in 2010, the company has established a strong presence in the Kurdistan Region of Iraq, focusing on exploration and production activities. ShaMaran is renowned for its strategic assets, including the Atrush block, which has significantly contributed to its growth and market position. The company’s core services revolve around the exploration, development, and production of oil, with a commitment to sustainable practices and operational excellence. ShaMaran's unique approach to resource management and its emphasis on local partnerships have set it apart in a competitive landscape. With a track record of successful drilling programmes and a robust portfolio, ShaMaran Petroleum Corp. continues to solidify its reputation as a key player in the global energy sector.

DitchCarbon Score

How does ShaMaran Petroleum Corp.'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.

5

Industry Average

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.

12

Industry Benchmark

ShaMaran Petroleum Corp.'s score of 5 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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ShaMaran Petroleum Corp.'s reported carbon emissions

ShaMaran Petroleum Corp., headquartered in Canada, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As there is no available data on their emissions or reduction initiatives, it is unclear how ShaMaran Petroleum Corp. is addressing climate change or its carbon footprint. The lack of reported emissions and commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the oil and gas industry, companies are increasingly expected to set ambitious targets for reducing greenhouse gas emissions across all scopes (Scope 1, 2, and 3) and to disclose their climate-related risks and strategies. Without specific data or commitments, it is challenging to assess ShaMaran Petroleum Corp.'s position in this evolving landscape.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. ShaMaran Petroleum Corp.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for ShaMaran Petroleum Corp. is in CA, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

ShaMaran Petroleum Corp. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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