In the past five years, oil and gas players have been transforming towards becoming more carbon-conscious operators and have outlined strategies for reducing and controlling emissions across their whole value chain. 
This year will be pivotal for measuring progress, as several corporations have set 2025 as one of the benchmark years for achieving interim reductions in Scope 1, 2 and 3 emissions. Rystad Energy analyzes 120 select key oil and gas companies, each with its own strategy for reducing emissions. These companies’ operations collectively emitted more than 630 million tonnes of upstream emissions in 2024, representing around 58% of the total emissions from oil and gas companies last year. 

Download a whitepaper that analyzes the top exploration trends that are shaping the activity outlook for 2025.