BP's Operational Emissions Edge Higher in 2023
03.08.2024 By Tank Terminals - NEWS

March 8, 2024 [Reuters]- BP’s (BP.L), opens new tab carbon emissions from its own operations rose slightly in 2023 due to oil and gas projects starting up and operational issues, the energy company said in its annual report.

 

Direct emissions from operations, known as Scope 1 emissions, rose last year to 31.1 million metric tons from 30.4 million tons in 2022.

Indirect emissions from operations, or Scope 2 emissions, declined to 1 million tons from 1.4 million tons the previous year.

Together, Scope 1 and 2 emissions rose by 0.6% in 2023 from the previous year.

BP aims to reduce its operational emissions by 20% by 2025 from 2019 levels and by 50% in 2030. The emissions fell by over 40% between 2019 and 2023.

The overall increase in operational emissions was due to “temporary operational changes” and project start-ups including in the U.S. Gulf of Mexico and the North Sea.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Hengli Petrochemical Establishes a Trading Subsidiary in Dubai as Part of Expansion
02.09.2026 - NEWS
February 09, 2026 [Offshore Engineer]- Hengli Group, the parent company of China’s Hengli P... Read More
Romania Lines Up €1 Billion Battery Storage Build After Government Deal
02.09.2026 - NEWS
February 09, 2026 [Oil Price]- Privately held MASS Group Holding plans to invest more than €1 b... Read More
RWE Explores Buying LNG from ADNOC as Germany Moves to Diversify Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- RWE signed a provisional agreement on Friday with Abu Dhabi National... Read More
Greek Joint Venture Seeks 20-Year US LNG Deal to Strengthen Southern Europe’s Gas Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- Atlantic Sea LNG Trade, a joint venture between Greece’s gas s... Read More