The company has announced an expected organic capital expenditure range of US$15.5 – US$16.5 billion for consolidated subsidiaries (CAPEX) and an affiliate capital expenditure (affiliate CAPEX) budget of approximately US$3 billion for 2024.
The plan reflects a continued execution of the company’s strategy to provide the products society needs and to lower emissions.
The company has announced that it has been awarded gold standard status by the United Nation’s Environmental Programme (UNEP), recognising the company’s detailed plans to reduce methane emissions to near zero by 2030.