Asia-Pacific Gets Bolder in Transition Ambitions

Copyright © 2021 Energy Intelligence Group

Moving beyond token gestures involving just a sliver of their overall capital investments, Asia-Pacific oil and gas firms are now graduating to bold, serious initiatives to tackle the energy transition. Firms including India’s Reliance Industries and Thailand’s PTT — plus other traditional emissions-intensive players such as Australia’s Fortesque Metals — have unveiled multibillion-dollar investments in electric mobility, renewable energy, or green hydrogen. Such a trend is only likely to gather momentum, potentially influencing other players in the region to catch up.

The UK has unveiled a net-zero roadmap in hopes to encourage other countries to set out detailed decarbonization plans at COP26.
Wed, Oct 20, 2021
Saudi Arabia, the world largest oil exporter, has committed to a net zero carbon emissions target by 2060.
Sun, Oct 24, 2021
The UN Environment Program says the world is producing too much oil, gas and coal to avoid dangerous climate change.
Thu, Oct 21, 2021