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

Green Energy Park Secures $30m to Develop Major Renewable Hydrogen Production Plant in Brazil
04.26.2024 - NEWS
April 26, 2024 [Innovation News Network ]- Green Energy Park has announced it has signed an agree... Read More
RegO Introduces Device and App Update for LPG Tank & Regulator Testing
04.26.2024 - NEWS
April 26, 2024 [Tank Storage]- RegO, part of OPW, today announced the launch of its RegO Presto-... Read More
Avenir LNG Limited Orders 2 x 20,000cbm LNG Bunker and Supply Vessels
04.26.2024 - NEWS
April 26, 2024 [Yahoo Finance]- Avenir LNG announced that it has entered into a shipbuilding cont... Read More
Equinor to Expand LNG Trading, Eyes Deals in Europe, Asia, Senior Exec Says
04.26.2024 - NEWS
April 26, 2024 [Reuters]- Norwegian energy group Equinor plans to expand its liquefied natural ga... Read More