There is a growing expectation in the world of commodities trading that carbon intensity will increasingly affect the markets for oil and gas products.
Crudes of higher carbon intensity could then see their value fall against lower-carbon fuels. This will be an important consideration in terms of future market projections and decision-making over upstream emissions.
This event discusses the ongoing mapping of field-level and Scope 3 upstream carbon intensities and how the offset market is likely to develop. It also reviews how expectations of ESG compliance affects the ability of NOCs, IOCs and governments to raise finance for projects.
