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Carbon-neutral
Carbon Neutral
Maersk Says it will Launch a Carbon Neutral Vessel by 2023, Seven Years Ahead of Schedule
Shipping giant Maersk said Wednesday it would launch a carbon-neutral vessel by 2023, seven years ahead of schedule, as it attempts to reduce its environmental …
Energy Transition
E.ON Signs Prince of Wales’ Global Climate Action Pledge
The utility has set a goal of becoming carbon-neutral by 2040.
Crude Oil
Occidental Delivers World First Carbon-Neutral Oil
A unit of U.S. Occidental said this week it had delivered the world’s first shipment of carbon-neutral oil, or oil where emissions associated with the entire c…
Net Zero Emission
Japan Energy Firm Inpex Sets 2050 net Zero Emission Goal
The move comes after Japanese Prime Minister Yoshihide Suga pledged to make Japan carbon-neutral by 2050 and with global oil and gas companies shifting away fro…
Carbon Neutral
Vedanta Pledges to Move Towards Carbon-Neutrality
Vedanta on Tuesday said it has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Cha…
LNG
Russia’s Novatek and Siemens Energy ink Deal to Decarbonise LNG Production
As part of the Agreement signed on December 10, Novatek and Siemens Energy will commence implementing a project to replace fuel natural gas used in the producti…
Net Zero Emission
Santos Set to Reach Net-Zero Decade Earlier
Australian energy major Santos has announced its new ambitious emissions reduction targets which will culminate in reaching net-zero by 2040.
Carbon Neutral
EU Parliament Sets Out Proposals to Finance Carbon-Neutral EU in 2050
Members of the European Parliament stressed on November 13 that one of the objectives of the Sustainable Europe Investment Plan should be to ensure a shift from…
Carbon Neutral
Shinhan Declares 'Zero Carbon' Drive
Shinhan Financial Group has declared its vision to go carbon-neutral by 2050, the first such move by a financial services firm in Southeast Asia, according to t…
Carbon Neutral
Japan’s Carbon-Neutrality Pledge a Fundamental Shift on Coal Power
Japan, an island nation that is currently heavily reliant on coal and gas power, will be carbon neutral in 2040, the country’s newly appointed prime minister Y…
Market Analysis
China Could Annually Deploy 65 GW of PV in 2021-25 Period
Liu Yiyang, deputy general secretary of the China Photovoltaic Industry Association, believes that PV development will accelerate under the nation’s 2060 carbo…
LNG
Total Ships First Carbon Neutral LNG Cargo to CNOOC
Total delivered its first carbon-neutral LNG cargo to China's state-controlled CNOOC on 29 September, the third such cargo that the Chinese firm has received th…
United States
GE Announces Plan to be Carbon-Neutral by 2030
American multinational conglomerate General Electric has announced its plan to become carbon-neutral across its facilities and operations by 2030.
LNG
China's CNOOC Buys two Carbon-Neutral LNG Cargoes from Shell
China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions.
Woodside Joins Japanese Consortium to Study Exporting Hydrogen
Australian LNG producer Woodside Energy has joined a consortium of Japanese companies to explore exporting carbon-neutral hydrogen.
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