Net-zero and energy transition in oil & gas: The early signs
BP was the first oil major to announce its ambition to become a net-zero company by 2050, meaning that the company will either eliminate or offset carbon emissions from its operations.
Shell followed shortly after along with Eni, Total, Equinor and Repsol. Their American counterparts, Exxon and Chevron have been less active with regards to energy transition and emissions having no strict targets set.