carbon emissions
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Trafigura, a group of physical commodity trading companies, and Palantir Technologies announced their intent to develop a platform to calculate carbon intensity, combining the efforts of trading and digital technology to account for Scope 3 emissions. The aim is to increase transparency of life-cycle emissions and to provide benchmarking against other market participa…
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Any effective system of greenhouse-gas accounting needs to measure each company’s supply-chain carbon impacts accurately, providing visibility and incentives for it to make more climate-friendly product-specification and purchasing decisions.
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ExxonMobil is moving its headquarters to the Houston area as part of a major reorganization that will put its engineering and technology support staff in one unit.
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The Oil and Gas Climate Initiative has reduced its collective upstream methane and carbon intensity targets for 2025. Together, the revisions to these targets would bring an additional reduction of around 50 million tonnes of CO2 equivalent per year.
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The LNG carbon-credit plan is just part of the operator’s overall ambition to be a net-zero company by 2050 or sooner.
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Shell signed a 5-year contract to supply PetroChina with carbon-neutral LNG using carbon credits to offset emissions from Shell’s own emission-reduction project portfolio.
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We need to analyze the carbon intensity of reserves, the potential emissions that are in front of us, not just the carbon intensity of current operations. An engineering solution associated with production forecasts over time offers a framework for thinking through the carbon-emissions issue.
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Experts from around the world highlight that, while natural gas has an important role to play in the energy transition, it is one that changes from region to region.
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The planned LNG export facility will host a large carbon capture and storage project to enable the permanent geologic storage of more than 5 million tonnes of carbon dioxide per year.
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The carbon tax endorsement was just one part of a broader plan the group said will be required to combat climate change.