OGCI is a CEO-led initiative focused on accelerating action to a net zero future consistent with the Paris Agreement.
As OGCI marks 10 years of collective action, we’re proud of what we’ve done to lead the industry’s ambition to reduce emissions in the timeframe of the Paris Agreement.
Since 2017, OGCI members have collectively reduced upstream methane emissions by 55%, cut routine flaring by 53% and invested $95.8 billion in low-carbon technologies and solutions, including renewables, biofuels and CCUS. We’ve shown what’s possible and we’re sharing what we’ve learned with companies outside our group to accelerate the global effort to achieve net zero.
Hundreds of gigatonnes of carbon dioxide need to be captured and stored each year to achieve net zero. OGCI is working with industry, governments and other investors to scale up carbon capture, utilization and storage.
Eliminating methane emissions from oil and gas is a top priority for OGCI. That’s why we’re working to achieve near-zero methane emissions across the oil and gas industry and along the full gas value chain.
Decarbonizing hard-to-abate transport sectors such as shipping, aviation and trucking is crucial to achieve net zero. OGCI is working to develop low-carbon fuels such as biofuels, hydrogen and ammonia.
Our 2024 report sets out OGCI’s 10 years of action to reduce methane emissions, capture and store carbon dioxide and develop low-carbon fuels and solutions to decarbonize transport.
If you’re interested in a career or internship at OGCI please get in touch.
The Oil and Gas Climate Initiative is a CEO-led organization bringing together 12 of the largest oil and gas companies worldwide to lead the industry’s response to climate change.
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