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Clean crude? Oil firms use offsets to claim green barrels

10 Min Read
(Reuters) -In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.
FILE PHOTO: Equipment used to process carbon dioxide, crude oil and water is seen at an Occidental Petroleum Corp enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo
While the two-million-barrel cargo to India was destined to produce more than a million tons of planet-warming carbon over its lifecycle, from well to tailpipe, the Texas-based driller said it had completely offset that impact by purchasing carbon credits under a U.N.-sponsored program called CORSIA. ....

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INSIGHT-Clean crude? Oil firms use offsets to claim green barrels

INSIGHT-Clean crude? Oil firms use offsets to claim green barrels
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Clean crude? Oil firms use offsets to claim green barrels

Clean crude? Oil firms use offsets to claim green barrels
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Clean crude? Oil firms use offsets to claim green barrels - Netscape Money & Business

Clean crude? Oil firms use offsets to claim green barrels - Netscape Money & Business
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Clean crude? Oil firms use offsets to claim green barrels

Clean crude? Oil firms use offsets to claim green barrels
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