Every little counts when cutting emissions
Incremental savings in emissions across the supply chain and in operations add up to significant environmental gains for oil and gas companies
As the world continues its journey towards a net-zero future, the expectations on the oil and gas industry to make dramatic reductions in carbon and methane emissions become ever more pronounced. That is understandable. Delivering on the promises made as part of the Paris Agreement requires the biggest transformation in the history of the energy industry. An estimated $120tn will need to be invested in clean energy between now and 2050. This creates a dilemma for energy companies as the vast majority of investment in lower-carbon energy production is likely to come from them. They must strike the right balance between maintaining returns and recycling capital from oil and gas production into
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