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Sustainability article round-up: September 2021

The 易胜博娱乐 monthly article round-up showcases recent sustainability-related achievements, projects and news from 易胜博娱乐 members and organization¬¬s that 易胜博娱乐 partners with, demonstrating their commitment to advancing environmental and social performance across oil and gas and achieving the UN Sustainable Development Goals. The 易胜博娱乐 monthly article round-up showcases recent sustainability-related achievements, projects and news from 易胜博娱乐 members and organizations that 易胜博娱乐 partners with, demonstrating their commitment to advancing environmental and social performance across oil and gas and achieving the UN Sustainable Development Goals. 

Hydrogen makes a prominent appearance in the September edition, with several members demonstrating its potential as a low-carbon energy source, complementing the launch of the new 易胜博娱乐 briefing on Hydrogen: enabling the energy transition and pathways to net-zero emissions. Other contributions to a sustainable energy transition are also featured in the edition, including industry support for the large-scale deployment of carbon capture and storage in Houston, financing through green bonds, and a new strategy from the Oil and Gas Climate Initiative.


Member sustainability articles

Abu Dhabi National Oil Company + bp

ADNOC, bp and Masdar to provide low-carbon energy solutions to UAE and UK

Strategic framework agreements signed between ADNOC, bp and Masdar will see the companies collaborate on the development of renewable hydrogen hubs in the United Kingdom and the United Arab Emirates, as well as identifying potential areas for partnership in carbon capture and storage, methane detection and sustainable energy and mobility solutions.

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Chevron

Chevron collaborates with Caterpillar on hydrogen demonstration projects

Chevron and Caterpillar have announced their agreement to collaborate on the development of demonstration projects which aim to confirm the feasibility of hydrogen as a commercially viable fuel-alternative, for use in heavy-duty transportation and stationary power applications.

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Chevron + ExxonMobil

Industry supports large-scale deployment of carbon capture and storage in Houston

Chevron, ExxonMobil and nine other companies have expressed interest in the wide-scale deployment of carbon capture and storage technology at the facilities they operate in Houston, driving momentum on lowering industrial emission in the Houston area.

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INPEX

INPEX to launch inaugural green bonds

As part of its net-zero strategy, INPEX has announced it will issue its inaugural green bonds. The use of funds raised through the issuance of green bonds will be restricted to businesses and operations that help improve the environment, such as the development of renewable energies.

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Repsol

Repsol in green hydrogen push

Repsol will start up the first electrolyzer in the Spanish region of the Basque Country in the second half of 2022, to produce renewable hydrogen at its Petronor refinery. The facility will have a capacity of 2.5MW. The project also includes construction of the necessary infrastructures for the use and distribution of the renewable hydrogen produced.

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Woodside Energy

Woodside joins initiative to drive hydrogen bus adoption in South Korea

Woodside and five other parties have joined forces to establish HyStation, a company aiming to construct and operate hydrogen refuelling stations for public transport bus fleets in South Korea. The joint initiative will help accelerate the transition of buses from diesel to hydrogen, which, as heavy vehicles that require short refuelling times, are well suited to hydrogen fuel cells.

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Partner sustainability article

Oil and Gas Climate Initiative

OGCI releases new strategy to accelerate the energy transition

OGCI has launched a new strategy to drive deep reductions in greenhouse gas emissions to help accelerate the energy transition. All 12 members aim to reach net-zero emissions from operations under their control by 2050, and commit to leveraging their influence as industry leaders and collaborating with stakeholders to help accelerate the transition to a net-zero future. 易胜博娱乐 welcomes this ambitious strategy and will continue close collaboration with OGCI to contribute to the energy transition in the context of sustainable development.

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World Business Council for Sustainable Development

Policy recommendations to accelerate deployment of hydrogen

WBCSD and 20 of its member companies have released a set of policy recommendations for governments to address barriers to implementation for hydrogen solutions and create a global hydrogen market with the lowest possible carbon intensity.

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