The energy transition, net-zero pledges, and increased investor pressure on oil and gas companies to slash emissions have given rise to the latest trend in energy markets—the arrival of the ‘carbon neutral’ oil barrel and the ‘carbon neutral’ liquefied natural gas (LNG) cargo. Oil and gas firms have started to offer those so-called carbon neutral oil and gas shipments.
And buyers are lapping them up as they themselves are also pressured by investors and their own carbon reduction pledges to procure lower-emission…Oil And Gas Companies Will Never Truly Be Carbon Neutral
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