Oil and Gas Climate Initiative

Net zero solutions

Achieving the deep emission cuts needed to reach net zero requires a transformation in the way energy is produced and consumed. That calls for many different solutions and low-carbon technologies. There is no single solution. 

OGCI focuses on building and strengthening the foundations to enable this transition to happen as smoothly and quickly as possible. We:  

  • Provide practical, actionable analysis underpinned by data to help decarbonize oil and gas operations.
  • Find solutions to decarbonize transport, leveraging our members’ extensive expertise producing and supplying reliable transport fuels.
  • Work on the important role that natural climate solutions could play to complement decarbonization of the energy sector.
A picture taken from below some chimneys at an oil facility, looking upwards towards the sky.

Roadmap to decarbonize refining

OGCI reports shows:

  • Decarbonizing the refinery sector will be important to reaching net zero

  • Electrification can reduce over 65% of refinery CO2 emissions by 2040 if there is sufficient low-carbon power available

  • Electric boilers and electric drives for condensing turbines are the first priority
Shipping containers moving forwards

How the shipping sector can cut CO2

Pathways:

  • Early pursuit of zero carbon fuels for new ships
  • Moderate uptake of interim and drop in fuels
  • Maximize decarbonization with carbon capture and alternative fuels 
Net Zero Solutions at a glance

Our impact

Oil and gas operations

of global GHG emissions
0 %

Transport sector

of transport sector CO2
0 %

Natural climate solutions

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See what we're doing

Read our latest progress report

Net zero solutions

Related resources

March 13, 2025

The study aims to inform the industry’s ongoing efforts to meet the International Maritime Organization’s (IMO) target to achieve net-zero greenhouse gas emissions by 2050.

November 25, 2024

A new study from OGCI and FEV Consulting looks at pathways to enable a transition to sustainable, low-carbon transportation across key regions.

October 10, 2024

Project REMARCCABLE developed a prototype design for an Onboard Carbon Capture and Storage (OCCS) system for integration onto Stena Impero, an MR Tanker owned and operated by Stena Bulk.