OMV spells out full-scope net zero pledge with 2050 phaseout of oil and gas

Published 17:50 on March 16, 2022  /  Last updated at 17:50 on March 16, 2022  /  EMEA, EU ETS, International, Voluntary  /  No Comments

Austria’s OMV has unveiled a net zero strategy across all emissions scopes that will see it cease oil and gas production by 2050, prioritising carbon capture and storage (CCS) and other tech-based portfolio changes to meet the goal, the company said on Wednesday.

Austria’s OMV has unveiled a net zero strategy across all emissions scopes that will see it cease oil and gas production by 2050, prioritising carbon capture and storage (CCS) and other tech-based portfolio changes to meet the goal, the company said on Wednesday.

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