Like most companies around the world, particularly in the hard-hit energy sector, 2020 was an
annus horribilis for BP. The British oil giant released its full 2020 results on February 2
nd, revealing losses of $5.7 billion after the coronavirus pandemic axed demand for transport fuels and sent oil prices through the floor. To compound the company’s challenges, critics took Bernard Looney, BP’s newly-minted chief executive, to task for not going far enough to push Rosneft – in which the British company holds 20% - to reduce its emissions more aggressively. But a recent sustainability and carbon management agreement between BP and Rosneft, unveiled on February 4
ROSNEFT OIL COMPANY (ROSN)
04-Feb-2021 / 12:38 MSK
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Rosneft and BP Agree to Cooperate on Carbon Management and Sustainability
Rosneft Oil Company and BP have signed a Strategic Collaboration Agreement focused on supporting carbon management and sustainability activities of both companies. The agreement builds on years of partnership between the two companies and formalises key elements of their collaboration on sustainability and work to identify carbon reduction activities and low carbon opportunities.
Based on their longstanding partnership and taking into account the profound changes shaping the global energy transition to deliver more energy with less carbon, Rosneft and BP have agreed to cooperate in identifying and developing new low carbon solutions and programs that will support their shared sustainability goals. The companies also intend to join efforts in aligning with developing industry methodologi
Rosneft and bp Agree to Cooperate on Carbon Management and Sustainability
édité le 04/02/2021 - Plus de news de Rosneft - Voir la fiche entreprise de Rosneft
Rosneft Oil Company and bp have signed a Strategic Collaboration Agreement focused on supporting carbon management and sustainability activities of both companies. The agreement builds on years of partnership between the two companies and formalises key elements of their collaboration on sustainability and work to identify carbon reduction activities and low carbon opportunities.
Based on their longstanding partnership and taking into account the profound changes shaping the global energy transition to deliver more energy with less carbon, Rosneft and bp have agreed to cooperate in identifying and developing new low carbon solutions and programs that will support their shared sustainability goals. The companies also intend to join efforts in aligning with developing industry methodologies and standards on carbon managem
Aboriginal and Torres Strait Islander readers are advised this article contains images and names of deceased people.
In May 2020, the international mining giant Rio Tinto made a calculated and informed decision to drill 382 blast holes in an area of its Brockman 4 mining lease that encompassed the ancient rock shelter formations at Juukan Gorge in Western Australia’s Pilbara region.
The Puutu Kunti Kurrama Pinikura people, who are the traditional owners of that land, lost their material connection to sacred sites of ceremonial, clan and family life, the basis for their political and social organisation. The Australian people lost a significant chunk of their national estate. For this hefty price we all paid, Rio Tinto lawfully gained access to $135 million dollars of high-grade iron ore.
Government to limit UK business exposure to Xinjiang human rights issues
The UK Government has unveiled a new package of measures aimed at ensuring that British organisations aren t benefitting from human rights violations linked to the abuse of the Uyghur Muslims in Xinjiang.
Uighur people travel along birch tree lined roads to the weekly market at Yopurga near Kashgar in Xinjiang
The new measures are designed to ensure that British organisations, public or private, don’t financially benefit from the current human rights abuses reported in China. The nation has faced global criticism from all major governments over the alleged persecution of Uighurs, who are a Muslim minority group mainly located in the Xinjiang province.