Midstream energy company Plains All American Pipeline L.P. published its 2022 sustainability report, the company said in a July 24 press release.
Plains’ chairman and CEO Willie Chiang said the company “achieved record safety and environmental performance” and that progress was made on other goals and initiatives.
“Our comprehensive 2022 Sustainability Report details Plains’ approach to delivering critical energy resources throughout North America in a responsible manner that optimizes long-term value and social benefit,” Chiang said. “Our sustainability efforts are rooted in our core values, align with our commitment to continuous improvement and are essential to our goal of being the investment, employer and partner of choice.”
The report also included a strategy for reducing greenhouse gases, an acknowledgement of increased diversity among both the workforce and board, an alignment with the Task Force on Climate-Related Financial Disclosures and an updated sustainability strategy.
Headquartered in Houston, Plains All American is an MLP and publicly traded company operating midstream energy infrastructure.
Recommended Reading
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
2024-04-04 - The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Buffett: ‘No Interest’ in Occidental Takeover, Praises 'Hallelujah!' Shale
2024-02-27 - Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”
Aramco Reports Second Highest Net Income for 2023
2024-03-15 - The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.