Our Way Forward
1
Reducing Our Carbon Footprint
Reducing the GHG footprint of oil & gas products starts at the well. By minimising production, processing and transport emissions, we can play an active role in reducing energy sector emissions.
To do so, we use a mix of solutions including the electrification of platforms, use of renewables, and by further reducing methane emissions and flaring.
2
Supplying Cleaner Energy
To accompany Europe’s energy transition, our portfolios supply an increasing share of natural gas, a cleaner alternative to coal and an enabler of renewable energy Integration.
Our member companies also invest in low-carbon and renewable energies and services which include wind, solar, batteries and biofuels.
3
Developing Long-Term Solutions
We have the resources and skills to develop long-term, large-scale carbon Management solutions. We deploy Carbon Capture Use & Storage to help decarbonise hard-to-abate sectors and safeguard their competitiveness.
With CCS, we work to produce clean hydrogen from natural gas. We also invest in carbon offsets through afforestation and forest conservation projects.
Our Way Forward
Reducing Our Carbon Footprint
Reducing the GHG footprint of oil & gas products starts at the well. By minimising production, processing and transport emissions, we can play an active role in reducing energy sector emissions.
To do so, we use a mix of solutions including the electrification of platforms, use of renewables, and by further reducing methane emissions and flaring.
Supplying Cleaner Energy
To accompany Europe’s energy transition, our portfolios supply an increasing share of natural gas, a cleaner alternative to coal and an enabler of renewable energy Integration.
Our member companies also invest in low-carbon and renewable energies and services which include wind, solar, batteries and biofuels.
Developing Long-Term Solutions
We have the resources and skills to develop long-term, large-scale carbon Management solutions. We deploy Carbon Capture Use & Storage to help decarbonise hard-to-abate sectors and safeguard their competitiveness.
With CCS, we work to produce clean hydrogen from natural gas. We also invest in carbon offsets through afforestation and forest conservation projects.
Our Journey to 2050
2020
20% GHG Target
What we can deliver:
Kickstart CCUS early deployment
Methane emission Mitigation
Electrification of platforms
Reduction of flaring
Progressive injection of biogas and H2 into the gas grid
LNG, CNG and low-carbon liquid fuels in transport
Energy Efficiency improvements
Kickstart CCUS early deployment
Methane emission Mitigation
Electrification of platforms
Reduction of flaring
Progressive injection of biogas and H2 into the gas grid
LNG, CNG and low-carbon liquid fuels in transport
Energy Efficiency improvements
2030
40 - 55% GHG Target
What we can deliver:
Large-scale deployment of CCUS
H2 value chain development with decarbonised natural gas
H2 and low-carbon fuels in shipping and aviation
Carbon sinks to offset remaining emissions
Large-scale alternative and renewable energy deployment
Large-scale deployment of CCUS
H2 value chain development with decarbonised natural gas
H2 and low-carbon fuels in shipping and aviation
Carbon sinks to offset remaining emissions
Large-scale alternative and renewable energy deployment
2050
Net - Zero Emissions
2020
20% GHG Target
What we can deliver:
Kickstart CCUS early deployment
Methane emission Mitigation
Electrification of platforms
Reduction of flaring
Progressive injection of biogas and H2 into the gas grid
LNG, CNG and low-carbon liquid fuels in transport
Energy Efficiency improvements
Kickstart CCUS early deployment
Methane emission Mitigation
Electrification of platforms
Reduction of flaring
Progressive injection of biogas and H2 into the gas grid
LNG, CNG and low-carbon liquid fuels in transport
Energy Efficiency improvements
2030
40 - 55% GHG Target
What we can deliver:
Large-scale deployment of CCUS
H2 value chain development with decarbonised natural gas
H2 and low-carbon fuels in shipping and aviation
Carbon sinks to offset remaining emissions
Large-scale alternative and renewable energy deployment
Large-scale deployment of CCUS
H2 value chain development with decarbonised natural gas
H2 and low-carbon fuels in shipping and aviation
Carbon sinks to offset remaining emissions
Large-scale alternative and renewable energy deployment
