This report identifies the requirements for meeting emissions targets and introduces the energy transition interventions most suited to decarbonizing the upstream oil and gas industry. The measures discussed include improving efficiency, flaring mitigation, electrification, carbon capture, and renewables.
PetroChina, a unit of the state-owned China National Petroleum Corporation, has become one of the 53 signatories of the Oil and Gas Decarbonisation Charter (OGDC), according to Emirates News Agency (WAM).
PetroChina today became the newest Signatory of the Oil & Gas Decarbonization Charter (OGDC), joining more than 50 oil and gas producers committed to reducing emissions. With PetroChina joining the OGDC, the Charter’s Signatories now represent more than 42% of global oil production.