OGCI releases its 2021 Progress Report
This year’s progress report, Accelerating ambition & action, highlights the progress made in 2021 by OGCI and Climate Investments, and explores the initiatives underway.
OGCI publishes its aggregate performance data for 2020
OGCI has published its updated performance data, covering the four years to 2020. It shows continued progress in reducing greenhouse gas emissions.
OGCI sharpens its methane and carbon intensity targets
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.
Leadership to accelerate the energy transition– OGCI releases its strategy
In a new strategy to drive deep reductions in greenhouse gases, all OGCI companies announced they share the ambition to achieve net zero emissions from their operations, within the timeframe set by the Paris Agreement.
OGCI’s Position Papers
OGCI publishes policy positions on methane regulation, CCUS, NCS, carbon value and Article 6
Bjørn Otto Sverdrup is the new chair of OGCI’s Executive Committee
Bjørn Otto Sverdrup is taking over as chair of OGCI’s Executive Committee on February 24, 2021
OGCI releases its 2020 Progress Report
Delivering on a low carbon future covers progress on reducing methane emissions and the introduction of a new carbon intensity target.
OGCI reports significant progress on aggregate upstream methane and carbon intensity targets
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 […]
OGCI launches $1M partnership with Payne Institute to develop new web platform to map gas flaring
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.
OGCI sets carbon intensity target
This is a further step in support of the Paris Agreement by the companies leading the oil and gas industry response to climate change.