Pemex Makes a Massive Emissions Reduction Pledge ...Middle East

Economy by : (OILPRICE) -
Mexico’s troubled state energy major Pemex has announced plans to slash its carbon dioxide emissions by 54% over the next six years—perhaps the most ambitious emission-cutting program in the oil industry ever. The company also said it would increase the amount of money it spends on non-oil and gas energy technologies and improving its safety standards, Bloomberg reported, citing Pemex executives during a call with investors, at which the company presented its updated sustainability plan. “We are committed to reducing our…

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