Conoco-Phillips pulls request to extend flaring permits

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Sun, 2020-09-06 00:37

BENGALURU: US oil and gas producer ConocoPhillips withdrew a request to extend flaring permits at 41 of its sites in West Texas, saying it no longer needed them as operational improvements had reduced the need for flaring events.

Flaring, the practice of deliberately burning unwanted gas, has become a concern for environmentalists and investors on fears that it exacerbates climate change by releasing carbon dioxide into the atmosphere.

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