National oil companies journey to net-zero – Performing and transforming: The MUFG Global Markets Podcast

Much of the airtime in the energy industry to lower emissions has been centred on international oil companies (IOCs). Yet, national oil companies (NOCs) account for the largest proportion of absolute upstream emissions. Successful energy transition will depend in large part on NOCs, who possess unparalleled access to competitive natural resources and capital, compared to the more constrained IOCs.

Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), discusses MUFG’s latest ESG report, entitled, “National oil companies journey to net zero – performing and transforming”, that was published earlier this week (see here for the full report).

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