Carbon capture, utilization, and storage activities and sustainability reporting by oil and gas companies

Abstract

The thesis focuses on the oil and gas sector, which significantly contributes to releasing greenhouse gases that threaten the environment and fuel global warming. This research provides a critical overview of global and national carbon capture and storage, often seen as a tool to mitigate climate change. The study also assesses the engagement of oil and gas corporations in achieving Sustainable Development Goals and participating in the UNGC programme. Regression analysis is used to model the scale of (CCUS) projects and the active status of the United Nations Global Compact (UNGC) programme. The current study is organized into eight research questions that will be assessed through empirical inquiry utilizing various methodologies, such as a critical literature review, regression analysis, and content analysis. In addition, this study uses data from the Global CCS Institute, UNGC unpublished database, EIA, and World Energy Projection System (2021) to investigate the obstacles associated with CCUS.