Manifesto: Oil & Gas Industry Solutions Towards 2030 and 2050

The European upstream oil and gas industry shares the global ambition to tackle climate change in the framework of the Paris Agreement, and supports the EU’s objective to reach climate neutrality by 2050.

This document outlines the industry’s solutions towards 2030 and 2050 and provides its policy recommendations.

Key Points

Our industry can make strong contributions to the European journey towards climate neutrality by 2050 through:

• Providing cost-effective solutions to boost emission reductions by 2030
• Developing and deploying longer-term low-carbon and offsetting solutions required to achieve the EU’s climate neutrality objective by 2050