The Oil & Gas Climate Initiative (OGCI), a consortium of 12 oil and gas majors, together with OGCI Climate Investments (CI), a $1 billion-plus specialist decarbonisation investor, are delighted to announce their presence at ADIPEC 2022 in Abu Dhabi from 31 October-3 November.
The OGCI 2021 performance data report reveals that member company’s absolute upstream methane emissions have fallen 40% in four years. The volume of methane emission reduction is on the scale of 800,000 tonnes per year or equivalent to 3,891,491 US homes’ electricity use for one year.
The Global Centre for Maritime Decarbonisation (GCMD), the Oil and Gas Climate Initiative (OGCI) and Stena Bulk today initiated the first stage of a two-year, three-phase project to demonstrate shipboard carbon capture at scale.
Australian producer Woodside Energy is the latest signatory to the Aiming for Zero Methane Emissions Initiative. It joins QatarEnergy, Wintershall DEA, Neptune Energy and the 12 member companies of the Oil and Gas Climate Initiative (OGCI) in a bid to achieve near-zero methane emissions from operated oil and gas assets by 2030.
Aiming for Zero Methane Emissions Initiative recognizes that virtually all methane emissions from the industry can and should be avoided.
Global oilfield services giant Schlumberger announced its support for the Aiming for Zero Methane Emissions Initiative, incubated by OGCI, with the aim of eliminating methane emissions from signatories’ operations by 2030.
Methane Guiding Principles, in collaboration with the Global Gas Flaring Reduction Partnership and the Oil and Gas Climate Initiative, has launched the Methane Flaring Toolkit, a free-to-use resource to help reduce methane emissions from flaring.
Impact 30: New faces in the upper echelons of impact TPG is crowned the largest manager of private markets impact capital in this year’s edition of the Impact 30, while nine new names are added to the expanded list.
The Aiming for Zero Methane Emissions Initiative is gaining momentum, with companies from across industry pledging to work towards achieving near-zero methane emissions from operated oil and gas assets by 2030.
OGCI Climate Investments (OGCI CI), a specialist decarbonization investor, has invested in KeyState Natural Gas Synthesis (KeyState), a project company developing the first carbon capture and storage project in Pennsylvania, U.S.
