Total greenhouse gases emitted by Asia's biggest oil refiner, China Petroleum & Chemical Corp (Sinopec) , drifted up for a second year in 2021, while methane recovery rose nearly 20% from year-ago levels.
The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby YipBEIJING, April 1 - Total greenhouse gases emitted by Asia's biggest oil refiner, China Petroleum & Chemical Corp
China plans to look into methane emissions in key industries, including petroleum, and publish a nationwide methane emission control action plan. It has included Sinopec and China National Petroleum Corp in a pilot programme to assess best practices for measuring greenhouse gases.For a near-term target, Sinopec has aimed to reduce greenhouse gases emissions by 12.6 million tonnes of carbon dioxide equivalent by 2023 from the 2018 level of 171.
The firm did not explain the surge in emissions, but its data showed that exploration and development business lifted methane emissions by 10%.
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