PetroChina joins global pledge to eliminate oil and gas industry emissions

Quick Summary:

China’s largest oil and gas producer has joined the Oil & Gas Decarbonisation Charter, a pledge signed by more than 50 firms to reach net zero by 2050.

The Hong Kong-listed energy giant, which comes under state-owned China National Petroleum Corp, produced 937.1 million barrels of crude in 2023, according to PetroChina’s annual report.

They plan to end routine flaring by 2030 and reach near-zero upstream methane emissions, to keep global warming in check to prevent adverse impact of climate change.

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Article Details

Author / Journalist: Yujie Xue

Category: Business

Markets: Hong KongChinaUnited Arab Emirates

Topics: According Energy Global Petrochina Charter Company Last Decarbonisation Cent Emissions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 17:02:55 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21748111

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