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Crude Oil Extraction
VG
updated 8 days ago

Xcite Energy Limited

Company website

Xcite Energy Limited, often referred to as Xcite, is a prominent player in the energy sector, headquartered in the British Virgin Islands (VG). Founded in 2007, the company has established itself as a leader in the exploration and production of oil and gas, primarily focusing on the North Sea region. Xcite Energy is renowned for its innovative approach to hydrocarbon extraction, particularly through its flagship asset, the Bentley field. This unique project showcases the company's commitment to utilising advanced technologies that enhance recovery rates while minimising environmental impact. With a strong market position, Xcite Energy Limited has achieved significant milestones, including successful drilling campaigns and strategic partnerships, solidifying its reputation as a forward-thinking entity in the energy industry.

DitchCarbon Score

How does Xcite Energy Limited'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.

12

Industry Benchmark

Xcite Energy Limited's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

4%

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Xcite Energy Limited's reported carbon emissions

Xcite Energy Limited, headquartered in VG, currently does not report any carbon emissions data, as indicated by the absence of specific figures for kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Xcite Energy Limited may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives at this time. As the company operates within the energy sector, it is essential for them to consider implementing robust climate strategies to align with global sustainability goals and industry best practices.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Xcite Energy Limited'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 Xcite Energy Limited is in VG, which we do not have grid emissions data for.

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.

Xcite Energy Limited 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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