China’s state-run China National Offshore Oil Corp., or CNOOC, began planning its roadmap for reaching its carbon emissions peak and to achieve carbon neutrality in a high-level meeting in end-January, in line with the central government’s net zero carbon emissions plan by 2060 . Receive daily email alerts, subscriber notes & personalize your experience. Register Now The initiative makes CNOOC the last of three Chinese national oil companies to kick-off its long-term plan to mitigate carbon emissions, as its two larger peers Petrochina and Sinopec have already made similar announcements in recent weeks. The NOCs are yet to put together a firm plan, but similar moves have also been made in the power sector with generation utilities like China’s State Power Investment Corp looking at emissions targets, indicating a coordinated push among state-owned corporations. CNOOC’s participation is key because it is the country’s single-largest LNG importer and […]