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Download logo The World Bank approved $103.4 million for Ghana to reverse land degradation and strengthen integrated natural resource management in about 3 million hectares of degraded landscapes, working with communities of the Northern Savannah Zone and the cocoa forest landscape.  The cost of environmental degradation in Ghana due to unsustainable use of land for agriculture, […]

Seven countries account for two-thirds of global gas flaring WASHINGTON, April 29, 2021 In an unprecedented year for the oil and gas industry, the world flared enough gas to power sub-Saharan Africa.   Gas flaring satellite data from 2020 reveals that Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running, since the first satellite was launched in 2012.    These seven countries produce 40% of the world’s oil each year, but account for roughly two-thirds (65%) of global gas flaring. This trend is indicat...

It added that the satellite was first launched in 2012. It said that the seven countries produced 40 per cent of the world’s oil each year, but accounted for roughly two-thirds (65 per cent) of global gas flaring. “This trend is indicative of ongoing, though differing challenges facing these countries. “For example, the U.S. has thousands of individual flare sites, difficult to connect to a market. “However, a few high flaring oil fields in East Siberia in the Russian Federation are extremely remote, lacking the infrastructure to capture and transport the associated ga...

Punch Newspapers Sections Published 29 April 2021 The World Bank on Wednesday said Nigeria and six other countries were responsible for two-thirds of global gas flaring. It said this in a statement titled ‘Seven countries account for two-thirds of global gas flaring’. The World Bank stated, “Gas flaring satellite data from 2020 reveals that Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running, since the first satellite was launched in 2012. “These seven countries produce 40 per cent of the world’s oil...