{"id":376707,"date":"2024-10-25T14:11:59","date_gmt":"2024-10-25T17:11:59","guid":{"rendered":"https:\/\/anba.com.br\/?p=376707"},"modified":"2024-10-25T17:49:08","modified_gmt":"2024-10-25T20:49:08","slug":"how-saudi-aramco-aims-for-net-zero-emissions","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/how-saudi-aramco-aims-for-net-zero-emissions\/","title":{"rendered":"How Saudi Aramco aims for net-zero emissions"},"content":{"rendered":"\n

S\u00e3o Paulo \u2013 Saudi Aramco, the world\u2019s largest oil producer and exporter, aims to achieve net-zero greenhouse gas emissions by 2050. To this end, it is working on a transition strategy that was addressed on Thursday (24) by the company<\/a>\u2019s vice president of energy and economic insights, Musaab Al Mulla, at the B20 Summit taking place in S\u00e3o Paulo.<\/p>\n\n\n\n

Al Mulla said that being a reliable energy supplier is the most important aspect for Saudi Aramco, but sustainability has been part of the company\u2019s DNA since the 1970s, with efforts to mitigate the impacts of oil and gas combustion. He argued that it is necessary to continue meeting the world\u2019s energy demand while also reducing the carbon footprint.<\/p>\n\n\n

\n
\"Painel
The panel with Al Mulla focused was themed \u201cDriving the Future Towards a Just Net-Zero Transition\u201d<\/figcaption><\/figure>\n<\/div>\n\n\n

One of the pillars of Saudi Aramco\u2019s plan to achieve net-zero emissions is energy efficiency, involving the development of more effective power plants. This includes the creation of steam and power cogeneration facilities, increasing generation efficiency by 40%. The reduction of emissions from gas exploration is also part of the strategy, along with investments in renewable energy.<\/p>\n\n\n\n

Regarding renewable energy, Al Mulla said that Saudi Arabia aims for half of its capacity in the sector to come from solar and wind energy by 2050. \u201cAramco has decided to be part of this journey,\u201d he said. Another aspect of the strategy is carbon capture, which involves using technologies to remove carbon emissions from the atmosphere. The plan includes capturing nine million tons per year by 2027, six million tons being removed by Saudi Aramco itself and the remainder by adjacent industries.<\/p>\n\n\n\n

Another action plan of the company towards sustainability is emissions offsetting. Al Mulla mentioned that Brazil is a great example in this area due to its plantations. The executive highlighted Saudi Aramco\u2019s tree planting operations and the carbon market in his country, where the company is one of the facilitators. He also said the audience about other sustainability initiatives, such as the company\u2019s status as a founding member of the Oil and Gas Climate Initiative (OGCI).<\/p>\n\n\n\n

B20 Summit<\/strong><\/h2>\n\n\n\n

Saudi Aramco is one of the master sponsors of the B20 Summit, along with fellow Saudi company SABIC. Al Mulla spoke on the panel \u201cDriving the Future Towards a Just Net-Zero Transition,\u201d where other major companies also shared their sustainability plans. The Summit runs until Friday (25) at the Monte Lebanon Athletic Club, gathering the private sector from G20 countries. The Arab-Brazilian Chamber of Commerce<\/strong> (ABCC) participates in the B20 Summit with its leaders and executives, while also supporting Arab participation.<\/p>\n\n\n\n

Read on:
<\/em>B20: Private sector pushes net zero goals<\/a><\/p>\n\n\n\n

Translated by Guilherme Miranda<\/strong><\/p>\n

Augusto Coelho\/CNI<\/div>
Augusto Coelho\/CNI<\/div>","protected":false},"excerpt":{"rendered":"

Musaab Al Mulla, vice president of energy and economic insights at Saudi Aramco, outlined at the B20 Summit in S\u00e3o Paulo how the company intends to achieve its planned reduction of greenhouse gas emissions. Increased efficiency in energy generation and emissions offsetting are part of the strategy.<\/p>\n","protected":false},"author":1455,"featured_media":376701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[11910,11341,51369,27075,36629,36625,9595,10172,33601],"class_list":{"0":"post-376707","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-arabia-saudita-en","9":"tag-b20","10":"tag-b20-summit","11":"tag-carbon-capture-en","12":"tag-emission-reduction","13":"tag-reducao-de-emissoes-en","14":"tag-saudi-arabia-en","15":"tag-saudi-aramco-en","16":"tag-saudi-aramco-en-2"},"wps_subtitle":"Musaab Al Mulla, vice president of energy and economic insights at Saudi Aramco, outlined at the B20 Summit in S\u00e3o Paulo how the company intends to achieve its planned reduction of greenhouse gas emissions. Increased efficiency in energy generation and emissions offsetting are part of the strategy.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/376707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=376707"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/376707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/376701"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=376707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=376707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=376707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}