Opinion

Is the crude oil refining sector delivering on decarbonisation?

The refining industry is the third largest source of global greenhouse gas (GHG) emissions from stationary sources

1 minute read

Iván Pérez

Research Analyst, Carbon Research

Iván provides comprehensive, actionable carbon data and analytics.

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The refining industry ranks as the third largest contributor to global greenhouse gas (GHG) emissions from stationary sources, placing it at the centre of the energy transition and net zero efforts.

The industry has embraced a diversified investment approach to achieve net zero emissions. However, they face ongoing challenges, such as technology readiness, economic feasibility, and policy uncertainty. 

In our recent insight, Refiners’ Emissions Performance, we explore:

  • Global decarbonisation projects planned within the industry
  • Available decarbonisation technologies and options for refiners
  • The industry’s progress in reducing emissions

Within this insight, we also utilise Wood Mackenzie’s emissions benchmarking tool (EBT) to evaluate emissions intensity and the average absolute emissions split in refineries from 2017 to 2030.

Download this complimentary insight

To explore the refining sector's progress toward decarbonisation, complete the form above and receive your free copy of Refiners’ Emissions Performance.