comparemela.com

Latest Breaking News On - Equinor operated johan sverdrup - Page 3 : comparemela.com

When is a Cargo of Oil Certified Carbon Neutral ?

When is a Cargo of Oil Certified Carbon Neutral ? Posted 27/04/2021 11:07 Sweden s Lundin Energy has sold to Italian refiner Saras what it said is the world s first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday. Oil companies are increasingly trying to market their products as cleaner in an effort to secure a future for the fossil fuel industry in a world where investors, activists and regulators are demanding action to halt climate change. While Lundin s crude from the Norwegian Edvard Grieg field was certified as carbon neutral from exploration, development and so-called scope 1 and 2 emissions, the major emissions caused by the oil s final use, or scope 3 emissions, are not included.

Lundin sells its first carbon neutral oil as climate activism grows

Italian refiner Saras to buy first cargo Final use of oil still causes emissions OSLO, April 26 (Reuters) - Sweden’s Lundin Energy has sold what it said is the world’s first oil cargo certified as carbon neutral at the point of production to Italian refiner Saras, the two companies said on Monday. Oil companies are increasingly trying to market their products as cleaner in an effort to secure a future for the fossil fuel industry in a world where investors, activists and regulators are demanding action to halt climate change. While Lundin’s crude from the Norwegian Edvard Grieg field was certified as carbon neutral from exploration, development and so-called scope 1 and 2 emissions, the major emissions caused by the oil’s final use, or scope 3, are not included.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.