9 tracked facilities, ≈119,689,285 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil & gas production.
| Metric | Value | Note |
|---|---|---|
| Facilities tracked | 9 | with CO2 estimates |
| Total est. CO2 | 119,689,285 t/yr | Climate TRACE 2023 |
| Average per facility | 13,298,809 t/yr | |
| Gross value (full price) | €9,576M/yr | all tracked CO2 × €80.01/t EUA — before free allocation / EU-bound share |
No carbon-pricing instrument is tracked for this country on this hub — exporters of CBAM goods to the EU still pay the border price with no domestic deduction.
| # | Facility | Owner | t CO2/yr (est. 2023) | Indicative value |
|---|---|---|---|---|
| 1 | Venezuela_Maturin_Heavy oil | Petróleos de Venezuela SA | 47,835,056 | €3,827.3M |
| 2 | Venezuela_Maturin_Conventional onshore | Petróleos de Venezuela SA | 46,896,433 | €3,752.2M |
| 3 | Venezuela_Maracaibo_Heavy oil | — | 7,569,613 | €605.6M |
| 4 | Venezuela_Maracaibo_Conventional shelf | Petróleos de Venezuela SA | 6,164,738 | €493.2M |
| 5 | Venezuela_Maracaibo_Conventional onshore | — | 4,454,467 | €356.4M |
| 6 | Venezuela_Gulf of Venezuela_Conventional shelf | — | 3,700,037 | €296.0M |
| 7 | Venezuela_Guarico_Conventional onshore | — | 1,570,219 | €125.6M |
| 8 | Venezuela_Barinas_Conventional onshore | — | 1,234,112 | €98.7M |
| 9 | Venezuela_Trinidad_Conventional shelf | — | 264,610 | €21.2M |
Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.
Boilers, kilns, heat exchangers, valves and steam lines lose energy continuously. Inzonex makes Inzonex Modular Insulation — snap-fastened modules engineered per temperature tier, not generic off-the-shelf jackets:
Every tonne you stop emitting is a tonne you don't have to report: cutting heat loss is a measurable, auditable Scope 1 reduction that flows straight into EU ETS, CBAM and your ESG / CSRD disclosures — not an offset, an actual emission cut.
