EMEA > Europe > Oil majors report earnings hikes on increased output, snub net zero pledges

Oil majors report earnings hikes on increased output, snub net zero pledges

Published 17:43 on May 4, 2023 / Last updated at 19:49 on May 4, 2023 / / EMEA (Europe), International, Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation, Litigation, Transport & Heating Fuels), Voluntary (VCM Governance)

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Two oil majors reported strong Q1 earnings characterised by fossil fuel production growth on Thursday, with one stating that its operating plans do not currently reflect the company's net zero promises.
Two oil majors reported strong Q1 earnings characterised by fossil fuel production growth on Thursday, with one stating that its operating plans do not currently reflect the company's net zero promises.


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