Search Results for greenhouse gas emissions
EU economy emissions in 2022: down 22 percent since 2008
In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22 percent decrease compared with 2008. The activities with the highest GHG emissions in 2022 were the manufacturing industry and the supply…
Holding the oil and gas sector accountable to methane promises
Much of the world has felt the sting of climate change this year although, as ever, the poor and vulnerable have suffered the most. This climate chaos has arrived at estimated global average temperatures of 1.4°C above pre-industrial levels. According…
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major new special report from the IEA that shows…
Greenhouse Gas concentrations hit record high. Again.
The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year and there is no end in sight to the rising trend, according to a new report from the World Meteorological Organization (WMO). Global…
THE CIRCULAR ECONOMY IN THE OIL INDUSTRY: REDUCTION OF RAW MATERIALS, WASTE AND EMISSIONS
According to the official data posted on the website of the European Parliament, 2.2 billion tonnes of waste are generated in the European Union each year. More than a quarter of it includes municipal waste: everyday waste that is collected…
Urgent action to cut methane emissions from fossil fuel operations essential to achieve global climate targets
Decisive, far-reaching efforts to cut methane emissions from fossil fuel production and use must go hand-in-hand with decarbonisation of our energy systems to limit global warming to 1.5 °C, according to a new report by the International Energy Agency (IEA)…
SUSTAINABLE BUSINESS, CLIMATE PROTECTION AND REDUCTION OF CO2 EMISSIONS AT THE TOP OF OMV’S AGENDA
With headquarters in Belgrade and a network of 63 petrol stations throughout Serbia, OMV Serbia strives daily to spread good energy with its quality products and services, as well as by carrying out numerous socially responsible activities and sustainable business…