ENERGY TRANSITION

Petronas announces net-zero ambition

MALAYSIAN national oiler Petronas has announced an aspirational target of net-zero emissions by 2050 – the first state-owned southeast Asian energy company to do so. PetroChina made a similar announcement in September.

Announcement high on ambition, scant on detail

Announcement high on ambition, scant on detail

  The company has already vowed to reduce its greenhouse gas emissions to 49.5 million tonnes of CO2 equivalent by 2024- in contrast its CO2 emissions for 2019 alone totalled 47.9 million tonnes. ...

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