LONDON (REUTERS) - A group of the world's top oil companies including Saudi Aramco, China's CNPC and Exxon Mobil have for the first time set targets to cut their combined greenhouse gas emissions as a proportion of production, as pressure on the sector's climate stance grows.. Read more at straitstimes.com.
LONDON - A group of the world's top oil companies including Saudi Aramco, China's CNPC and Exxon Mobil have for the first time set targets to cut their combined greenhouse gas emissions as a proportion of production, as pressure on the sector's climate stance grows.
"It is a significant milestone, it is not the end of the work, it is a near-term target ... and we'll keep calibrating as we go forward," OGCI chairman and former BP CEO Bob Dudley told Reuters. Exxon supports the OGCI targets to decrease the carbon intensity of energy production and is"part of the industry's efforts to take practical, meaningful steps to reduce emissions", a spokesman said.
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