Biofuels have potential to support decarbonization in the international shipping industry as part of a range of solutions and low-carbon technologies.
OGCI has revised its collective upstream targets for 2025. These near-term targets support OGCI’s new strategy to accelerate both ambition and action, and reflect progress made in reducing aggregate greenhouse gas emissions since 2017.
The Oil and Gas Climate Initiative (OGCI) today announced its aggregate performance data for 2019. It shows the collective upstream methane and carbon intensity of member companies’ aggregated upstream oil and gas operations stand at 0.23% and 21.1 kg CO2e/boe respectively, a significant reduction in intensity for both metrics compared to 2018. OGCI, having surpassed […]
The Oil and Gas Climate Initiative (OGCI) has today announced a technical and financial sponsorship commitment of nearly $1M USD to the Payne Institute for Public Policy (PIPP) at Colorado School of Mines, to develop a transparent web platform to support real-time mapping and tracking of global gas flaring data.
This is a further step in support of the Paris Agreement by the companies leading the oil and gas industry response to climate change.