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Jersey Oil & Gas PLC - oil and gas exploration and production on UK Continental Shelf - Introduces Carbon Policy which will target Net Zero emissions from its Greater Buchan Area project at the start of first oil.
Plans for all existing Jersey operations to be carbon neutral from the point of first oil for scope one and two emissions.
"I am very pleased to announce the adoption by JOG of this important Carbon Policy as part of our ongoing risk management. Through its implementation, we will be contributing to the energy transition and to global net zero ambitions. We understand that responsibly sourced hydrocarbons will be fundamental to a successful global energy transition ensuring vital energy supply during the period," says Chief Executive Officer Andrew Benitz.
Current stock price: 157.00 pence
Year-to-date change: up 26%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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