OGCI, OGDC welcome joint UNEP, EDF, IEA report ‘Turning Pledges into Progress’
The Oil and Gas Climate Initiative (OGCI) and the Oil & Gas Decarbonization Charter (OGDC) welcome the joint UNEP/EDF/IEA report released today, which highlights the critical role of the oil and gas industry in advancing the energy transition by reducing Scope 1 and 2 emissions.
OGCI annual report marks further progress reducing emissions and driving momentum across the oil and gas sector
The Oil and Gas Climate Initiative’s (OGCI) annual report published Tuesday highlights member companies’ continued progress reducing emissions, advancing low-carbon solutions, and forging global partnerships to accelerate industry-wide decarbonization.
OGCI publishes its Reporting Framework for 2024 data on emissions
The Oil and Gas Climate Initiative (OGCI) today published its updated Reporting Framework in line with its commitment to provide transparent, credible data on its member companies’ aggregated progress on OGCI ambitions to reduce emissions.
OGCI Progress Report: Nearly $100 billion in low-carbon investment as members’ total emissions continue to fall
The Oil and Gas Climate Initiative’s (OGCI) member companies continued to reduce total emissions and flaring from operated assets in 2023, while intensifying efforts to help other companies reduce their emissions, according to the group’s annual Progress Report, released today.
OGCI marks a decade of action leading oil and gas sector ambition to reduce emissions
The Oil and Gas Climate Initiative (OGCI), a group of 12 of the world’s leading oil and gas companies, this year marks a decade of collective action, leading the industry’s response to climate change.
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.
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