- Average international hydrocarbon prices dropped compared to 2022 due to global supply adjustment
- Limitations on access to foreign currency and tax regime on imports and exports in Argentina
- Managing risks tied to specific regions, including macroeconomic factors, governmental conditions, and operational risks concerning labor and environmental factors
- Reducing GHG emissions from venting and fuel use in E&P sector
Tecpetrol Investments S.L.U.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Tecpetrol Investments S.L.U. disclosed greenhouse gas emissions of 4.0M tCO2eq. By scope: Scope 1: 4.0M tCO2eq; Scope 2: 33.0K tCO2eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
4.0M tCO2eq
2023
Renewable Energy
10-15%
of total energy
Water Usage
23.6K Ml
2023
Waste
109.5K tons
2023
Energy Use
65.3M GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.0M tCO2eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 33.0K tCO2eq |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 4.0M tCO2eq |
| 2022 | 3.3M t CO2e |
| 2020 | 3.7M t CO2-eq |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced production water generated by the fracturing stage
- Implemented campaigns to reduce greenhouse gas emissions
- Achieved a significant GHG reduction in Golfo San Jorge Basin by replacing electric generators with more efficient equipment, saving 10,000 m3/day of gas consumption
- Implemented digital mitigation initiative for gas venting in Neuquén Basin, using un-evacuated gas as fuel for cryptocurrency mining
- Increased water reuse by 5% compared to the previous period
- Reduced oily soil generated in spill cleanup by up to 80% in Golfo San Jorge Basin
- Treated and reused 13,260 t of oiled soils
🎯 Climate & Sustainability Targets
🔜 Short-term
- Boost water reuse by 5% compared to the prior period
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionHuman RightsCommunity RelationsResponsible Water ManagementGreenhouse Gas EmissionsOccupational Health and SafetyBusiness Ethics & TransparencySupply Chain ManagementBiodiversity