Statoil aims cut greenhouse gas emissions by 3 million tonnes by 2030

Reuters News
Posted: Mar 09, 2017 7:04 AM

OSLO (Reuters) - Norway's Statoil set a goal on Thursday to cut its annual carbon dioxide emissions by 3 million tonnes a year by 2030 from 2017 levels and become more efficient as part of efforts to combat climate change.

It would also aim to reduce its emissions per barrels of oil produced to 8 kg by 2030 from 10 kg and step up investments in renewable energy research, according to a new climate roadmap.

"The company is already on track to deliver 1.2 million tonnes in carbon dioxide emissions savings from the Norwegian continental shelf by 2018," it said. It did not give its current emissions.

(Reporting By Alister Doyle, editing by Terje Solsvik)