EIC Podcasts podcast

Why Methane Flaring Is Actually An Opportunity: Mark Davis, Capterio

4/11/2026
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35:11
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In this episode.


Our host, Stuart Broadley, is joined by Mark Davis, CEO and co-founder of Capterio, for an in-depth conversation about the global challenge of methane gas flaring and the economic opportunities behind reducing wasted energy. Drawing on his experience at Shell, McKinsey and Intertek, Mark explains why flaring represents a major market failure in the energy industry, with billions of pounds worth of natural gas wasted every year despite growing global demand for reliable energy. The discussion explores the relationship between flaring, methane emissions and decarbonisation, and why tackling the problem requires more than technology alone.
Mark also introduces FlareIntel, Capterio’s satellite-based platform, which uses data from NASA and NOAA satellites to track gas flaring across the world, giving companies and countries greater visibility of their operations and helping identify opportunities to capture wasted gas. The conversation examines why progress has been slower than expected despite industry commitments and regulatory initiatives, and explores the commercial, legal and financial barriers preventing projects from moving forward. From Libya and North Africa to global LNG facilities, they discuss how better data, investment and collaboration can unlock projects that improve operational performance, strengthen energy security and reduce emissions.
At the heart of the conversation is a compelling question: why is so much valuable energy still being wasted when capturing it could also make commercial sense? Mark shares insights from successful flare-capture projects around the world, explaining the importance of aligning incentives, creating effective regulatory frameworks and mobilising capital.


What Is the EIC? 


The Energy Industries Council (EIC) is one of the world’s largest energy trade associations. As a not-for-profit organisation, it supports more than 950 member companies involved in the global energy value chain. EIC operates internationally, with offices in London, Kuala Lumpur, Rio de Janeiro, Houston, Dubai, and soon, Berlin.

It is energy agnostic, supporting all parts of the energy sector. From mature renewable onshore and offshore sectors like wind, solar and hydropower; to grid infrastructure and large nuclear; to hydrocarbon sectors like oil & gas, LNG, FPSO, decommissioning, upstream, midstream and downstream; to emerging low-carbon sectors like hydrogen, carbon capture, CCUS, energy storage, BESS, biofuels, SAF (sustainable aviation fuels), and geothermal.

EIC provides a wide range of services, including access to global market intelligence, CAPEX and OPEX project data, consulting support, events, business development opportunities, and advocacy. It also facilitates connections with key decision-makers and policymakers in the energy sector worldwide.


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Contact Stuart Broadley about doing your own C-level EIC podcast at [email protected]


Produced, engineered, and promoted by: Samara Bernardo, Lucas Almeida, João Otero, Isabella Costa, Laura Carvalho, and Clara Machado.

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