The Oil & Gas Decarbonization Charter (OGDC) published on November 11 its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies—representing almost 45% of global oil production—that have signed up to the Charter’s ambitions. These ambitions include working toward net-zero operations by 2050, near-zero upstream methane emissions, and zero routine flaring by 2030, in addition to measuring and publicly reporting progress toward meeting OGDC’s goals. The publication of the Baseline Report is a key milestone for OGDC that sets out the work achieved in the first year since the initiative was launched at COP28.
Oil & Gas Decarbonization Charter 2024 Baseline Report
The Oil and Gas Decarbonization Charter (OGDC) is a global initiative launched at COP28 to accelerate the decarbonization of the oil and gas sector.
OGCI and its member companies do not assume any responsibility for the accuracy or reliability of any information offered by third-party websites linked though this site. The views expressed in the external content do not necessarily reflect those of OGCI or its member companies. See our Terms of Use.
Region
Global
Published
2024
Resource Type
Technical report
Category
Methane abatement strategies
More info
Sub-Category
Operational guidance
Segment
N/A
Equipment
N/A
Related resources
This resource outlines the work and research conducted by EQT’s Production and Environmental teams to target low-cost opportunities for abating methane emissions from natural gas-driven
Ten-step roadmap for policymakers to implement methane policies for the oil and gas industry. Across these steps, the process of implementing a new regulation unfolds
MiQ has developed and launched the Gas Buyers Methane Emissions Calculator, a tool designed to help natural gas buyers assess the potential methane emissions reductions
Recently visited resources
The IEA’s gas flaring page reviews global flaring trends, environmental impacts, and reduction strategies. It discusses flaring’s role in greenhouse gas emissions and offers links
Brochure created by GasNaturally discussing methane emissions in Europe. It highlights the environmental impact of methane, O&G sources, and emission reduction strategies. The document also
This book highlights the business case for reducing gas flaring and methane emissions (FMR), offering a framework for policymakers to evaluate FMR project feasibility and