PTTEP Faces Emissions Balancing Act

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  • Thailand's PTT Exploration and Production (PTTEP) has a more detailed net-zero roadmap than many other state-run oil companies, which have only set 2050 goals.
  • PTTEP's emissions intensity targets leave room for increased output — but the numbers suggest that could cancel out much or all of any absolute cut.
  • Carbon capture and storage (CCS), reduced flaring and operational efficiency are the key levers PTTEP will pull to achieve its emissions reduction goals.

The Issue

NOCs, M&A, Corporate Strategy , CO2 Emissions, Carbon Capture (CCS), Methane Emissions
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