Collaboration has helped OGCI accelerate oil industry’s progress toward net zero – CEOs
CEOs from the 12-member Oil and Gas Climate Initiative (OGCI) provided the insights on the activities and impact of OGCI over the last 10 years and the agenda for the future, at this year’s CERAWeek conference in Houston.
OGCI accelerates action to tackle global oil and gas methane emissions
OGCI announced today at COP28 that it has stepped up activities on methane detection and flaring to help more companies reduce methane emissions from their oil and gas operations – one of the best short-term opportunities for the industry to advance the Paris Agreement ambitions.
OGCI: COP28 Oil & Gas Decarbonization Charter an “important milestone” for the industry
The Oil and Gas Climate Initiative (OGCI) welcomed the COP28 presidency’s launch of the Oil & Gas Decarbonization Charter (OGDC) calling it an important milestone that will help align the broader oil and gas industry towards a net-zero future.
OGCI companies ramp up low-carbon investment, reduce emissions – Annual Report
Oil and Gas Climate Initiative (OGCI) member companies stepped up low-carbon investment in 2022 to $24.3 billion and increased activities to help other companies decarbonize while continuing to reduce emissions from operations to meet their target of net zero operations.
OGCI sets out roadmap to decarbonize refining
A new study from the Oil and Gas Climate Initiative (OGCI) has identified a pathway to significantly reduce greenhouse gas emissions in the refining sector by using low-carbon electricity instead of fossil fuels to power some equipment.
OGCI partners with IOGP and Ipieca to help operators select methane mitigation technologies
The Oil and Gas Climate Initiative (OGCI), together with industry associations Ipieca and IOGP have released a recommended practices guide to help operators select and deploy methane detection and quantification technologies.
IEA report Emissions from Oil and Gas Operations in Net Zero Transitions
New IEA report highlights the need and means for the oil and gas industry to drastically cut emissions from its operations
OGCI welcomes US call to step up climate action
Following the fourth Major Economies Forum on Energy and Climate, US President Joe Biden unveiled a number of global initiatives, including the Carbon Management Challenge.
OGCI marks first submission to the Global Stocktake
OGCI is pleased to announce its contribution to the UNFCCC’s first-ever Global Stocktake.
OGCI releases 2022 Progress Report
OGCI’s annual Progress Report, Leadership with Impact, showed how the group os translating its three strategic pillars into action.