Noble Energy, Inc.
Noble Energy, Inc., a prominent player in the energy sector, is headquartered in the United States and operates primarily in the oil and natural gas industry. Founded in 1932, the company has established a strong presence in key operational regions, including the Gulf of Mexico, the Eastern Mediterranean, and the DJ Basin in Colorado. Noble Energy is renowned for its innovative exploration and production techniques, focusing on sustainable energy solutions. The company’s core services encompass the development of oil and gas resources, with a commitment to environmental stewardship and operational excellence. With a history marked by significant milestones, Noble Energy has positioned itself as a leader in the market, recognised for its strategic partnerships and successful projects that enhance energy security and drive economic growth.
DitchCarbon Score
How does Noble Energy, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Noble Energy, Inc.'s score of 11 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Noble Energy, Inc.'s reported carbon emissions
In 2018, Noble Energy, Inc. reported total carbon emissions of approximately 471,000,000 kg CO2e, comprising 383,106,000 kg CO2e from Scope 1 emissions, which include stationary combustion, mobile combustion, and fugitive emissions, and 17,088,000 kg CO2e from Scope 3 emissions. This marked a notable increase from 2017, where total emissions were about 445,000,000 kg CO2e, with Scope 1 emissions at 375,367,000 kg CO2e and Scope 3 emissions at 13,337,000 kg CO2e. Noble Energy has committed to significant reduction initiatives, particularly through a capital investment project on its Tamar gas production platform, which is expected to become operational in 2019. This project aims to reduce methane emissions by approximately 93% and non-methane volatile organic compound (VOC) emissions by about 98%. These efforts reflect the company's focus on enhancing its environmental performance and addressing climate change impacts. Overall, while Noble Energy's emissions have shown an upward trend, their proactive measures indicate a commitment to reducing their carbon footprint in the near term.
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| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | 710,211,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 12,675,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Noble Energy, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
