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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.
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Decarbonizing oil and gas

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Decarbonizing transport

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Natural climate solutions

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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

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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 

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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

of CO2 reductions needed
0 %
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Net zero solutions

Related resources

The Road Ahead for Hydrogen Powered Mobility

March 19, 2025

With transportation a major source of global CO₂ emissions, the report highlights how scaling hydrogen adoption through infrastructure expansion, regulatory updates and industry collaboration would help enable decarbonization of the sector. While hydrogen is a promising solution for hard-to-electrify sectors like heavy-duty transport, its success depends on significant investment in distribution networks, alongside clear policies and safety frameworks.

Find out more

Biomass for Marine 2025

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.

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Shipping containers moving forwards

Net Zero 2050: Energy Demand Dynamics across the Transportation Sector

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.

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See all transport resources
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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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