PetroChina Company Limited is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation, headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer.
Carbon Capture Utilization and Storage (CCUS)
- Role and Importance: PetroChina recognizes CCUS as essential for reducing carbon emissions and addressing climate change.
- Investments and Developments: The company is investing in CCUS technologies and projects to enhance their carbon capture capabilities and reduce overall emissions.
- Technological Collaboration: PetroChina collaborates with industry partners and research institutions to advance CCUS technologies and implement them effectively.
Sustainability and Green Initiatives
- Emission Reduction Goals: PetroChina aims to achieve peak carbon emissions by 2030 and carbon neutrality by 2060. They are implementing strategies to reduce greenhouse gas emissions and promote energy efficiency.
- Greenhouse Gas Regulations and Policies: The company supports policies that drive sustainability and emission reductions, aligning with national and international climate goals.
- Energy Transition Strategy: PetroChina is expanding its investments in renewable energy, including wind and solar power, and improving energy efficiency across its operations.
Key Takeaways
- PetroChina is committed to achieving carbon neutrality by 2060 through investments in CCUS, renewable energy, and sustainable practices.
- The company is actively working to reduce its carbon footprint and support global efforts to combat climate change.
- Collaboration with industry, governments, and communities is central to PetroChina's sustainability strategy.
Website:
https://www.petrochina.com.cn/ptr/
10-K Report:
N/A
Sustainability Report:
https://www.petrochina.com.cn/ptr/xhtml/images/shyhj/2022esgen.pdf
