RE: linkedin19 Mar 2021 20:53
The #OilAndGas industry is changing rapidly. Recently, Oxy Low Carbon Ventures (OLCV), a division of Occidental, delivered the world’s first carbon neutral oil shipment to Reliance Industries Limited.
Macquarie Group’s Commodities and Global Markets group arranged and structured the transaction, allowing for the emissions of the two million barrels to be offset entirely, including the combustion of the end products. This is a welcome and significant achievement, which confirms the potential for this market as the industry seeks innovative solutions to enable decarbonisation.
You can read the complete piece by Hydrocarbon Processing, here: http://bit.ly/3poRI4t
#CarbonNeutral #ResponsibleBusiness #Decarbonisation