This post was originally published on this site
The target is part of the company-wide effort to reduce the intensity of upstream GHG emissions by 40% to 50% by 2030, compared with 2016 levels.
Exxon also said it plans to eliminate routine flaring in Permian basin operations by the end of 2022.
By year-end 2021, Exxon expects reduced flaring volumes across its Permian operations by more than 75% compared to 2019.