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.
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.
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.
Xcite Energy Limited's score of 0 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Xcite Energy Limited, headquartered in VG, currently does not have available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures or commitments, it is unclear how the company is addressing its carbon footprint or contributing to climate action. In the absence of detailed information, it is essential to monitor industry trends and best practices for climate commitments, as many companies are increasingly focusing on reducing their Scope 1, 2, and 3 emissions.
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.