How the Oil and Gas Industry are Increasing ESG Compliance


To align with a national push towards more sustainable operations, the oil and gas industry are focused on increasing ESG compliance. What can these companies do to alter their operations, and what impact will these changes have on their environmental footprint? VP of Business Development at Pioneer EnergyJoseph Palaia gives his insight.

Joseph’s Thoughts:

“I wanted to give you guys a little bit of an update on the industry. Right now, there’s a lot of interest in the oil and gas industry on increasing ESG compliance. So, this is environmental, social and governance is what ESG stands for. A lot of companies are, and their stakeholders are interested in improving the environmental footprint and environmental aspects of their company.

That’s the environment is the biggest part of that by far, that they’re focusing on. There’s a lot of emissions that come from oil and gas operations and that is just the nature of the beast. And these companies are in this current environment with private administration really focusing on emissions is a big thing that they want to address.

There’s a lot of focus on these companies taking a look at their operations, trying to figure out okay, what can we do? Can we do this in a more responsible way? Is there new technology that we can employ? Can we deploy equipment to be able to see where there are emissions from our operations, and then what can we do about those emissions?

So, in general, my opinion is that this is a good thing for the industry. It’s a good thing for our country, in general, to be focusing on eliminating these sources of waste and tightening up these operations. And by and large, the industry is really supportive of this and is aggressively trying to do the right thing.”


Follow us on social media for the latest updates in B2B!


smart city cybersecurity
AT&T Beefs Up its D.C. Smart City with Facilities Management Partners. Here’s Why Smart City Cybersecurity Should Be its Next Investment.
March 23, 2023

AT&T’s recent partnership with Fortress Solutions for its ambitious 5G smart city project in Washington, D.C., is a significant step forward in the race to build smarter and more efficient urban centers. Many believe that this partnership is a promising development for the Internet of Things (IoT) technologies that will be integrated into the […]

Read More
highways for electric trucking
The Northeast is Prepping its Highways for Electric Trucking. Experts Say Energy Storage Infrastructure is a First Priority.
March 23, 2023

As the electrification of diesel-powered trucks increases along the Northeast’s major freight corridors, there is an imminent need for major transmission upgrades and expansion of vehicle charging infrastructure. A key part of that strategy will likely include preparing state highways for electric trucking and its high energy loads. National Grid, the New York and Massachusetts-based […]

Read More
Silicon Valley Bank
What Happened to Silicon Valley Bank?
March 23, 2023

By now, everyone’s heard the Silicon Valley Bank collapse story. Its repercussions are, at present, still sending shockwaves across the banking system, leaving the experts, pundits, the Fed, and everyone wondering if another pillar will drop or can the system hold together. While the collapse of Silicon Valley Bank (SVB) seemingly happened overnight, were […]

Read More