Article 55T0Z World's largest oil firm agrees to carbon cuts to tackle climate crisis

World's largest oil firm agrees to carbon cuts to tackle climate crisis

by
Jillian Ambrose
from on (#55T0Z)

Saudi Aramco joins Oil and Gas Climate Initiative pledge but critics say targets are insufficient

The world's biggest oil company, Saudi Aramco, has joined an alliance of oil companies to set the first industry-wide target to help tackle the climate crisis by setting carbon emissions goals.

Saudi Arabia's state oil giant has agreed to reduce the carbon intensity of its business as part of the Oil and Gas Climate Initiative (OGCI) which includes Shell, BP and ExxonMobil.

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