What is Petroleum Industry

Greenhouse Gas (GHG) emissions occur, more or less, in all aspects of the petroleum industry's activities. Besides the direct emissions of some GHG, the petroleum industry is also characterised with high energy intensity usually followed by emissions of adverse gases, especially at old facilities, and also the products with high emission potential. Being the global industry and one of the major players on global market, the petroleum industry is also subjected to global regulatory provisions regarding GHG emissions. In this chapter, the impact of global climate change on the petroleum industry is discussed. The emissions from the petroleum industry are analysed with a special focus on greenhouse gases that occur in petroleum industry activities and types and sources of emissions from the petroleum industry activities. In addition, recommendations for estimation, monitoring, and reductions of GHG emissions from the petroleum industry are given.