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Crude Oil Extraction
PH
updated 6 months ago

Prime Energy Resources Development B.V.

Company website

Prime Energy Resources Development B.V., commonly referred to as Prime Energy, is a leading player in the energy sector, headquartered in the Philippines. Established in 2000, the company has made significant strides in the development and management of energy resources, particularly in the oil and gas industry. With a focus on the Malampaya gas project, Prime Energy has positioned itself as a key contributor to the region's energy landscape, providing reliable and sustainable energy solutions. The company is renowned for its innovative approach to resource development, ensuring operational efficiency and environmental stewardship. Over the years, Prime Energy has achieved notable milestones, solidifying its reputation as a trusted partner in energy development. Its commitment to excellence and sustainability continues to drive its success in the competitive energy market.

DitchCarbon Score

How does Prime Energy Resources Development B.V.'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.

0

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.

7

Industry Benchmark

Prime Energy Resources Development B.V.'s score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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Prime Energy Resources Development B.V.'s reported carbon emissions

Prime Energy Resources Development B.V., headquartered in the Philippines, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that Prime Energy Resources Development B.V. is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organization. However, no specific details regarding such cascaded data or initiatives have been provided. In the context of the industry, companies are increasingly expected to adopt science-based targets and transparent reporting practices to address climate change. As of now, Prime Energy Resources Development B.V. has not publicly committed to any such initiatives, which may impact its competitive positioning in a market that prioritises sustainability and environmental responsibility.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prime Energy Resources Development B.V.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Prime Energy Resources Development B.V. is in PH, which has a high grid carbon intensity relative to other regions.

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.

Prime Energy Resources Development B.V. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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