Every little counts when cutting emissions
Incremental savings in emissions across the supply chain and in operations add up to significant environmental gains for oil and gas companies
As the world continues its journey towards a net-zero future, the expectations on the oil and gas industry to make dramatic reductions in carbon and methane emissions become ever more pronounced. That is understandable. Delivering on the promises made as part of the Paris Agreement requires the biggest transformation in the history of the energy industry. An estimated $120tn will need to be invested in clean energy between now and 2050. This creates a dilemma for energy companies as the vast majority of investment in lower-carbon energy production is likely to come from them. They must strike the right balance between maintaining returns and recycling capital from oil and gas production into
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined






