Petrobras to join Oil and Gas Climate Initiative (OGCI)

Woman engineer wearing earplugs and red helmet looking out to sea

The Oil and Gas Climate Initiative (OGCI) and Petróleo Brasileiro S.A. (Petrobras) announced that Petrobras will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras Board of Directors.

Pratima Rangarajan appointed first head of OGCI Climate Investments

Pratima Rangarajan

The Oil and Gas Climate Initiative (OGCI), the ten-company oil and gas industry initiative whose members represent more than 20% of the world’s oil and gas production, has appointed Dr. Pratima Rangarajan as the chief executive officer of its newly-formed investment company, OGCI Climate Investments.

Announcing OGCI Climate Investments

OGCI Climate Investments graphic

The Oil and Gas Climate Initiative announces an investment of $1 billion over the next ten years to develop and accelerate the commercial deployment of innovative low emissions technologies.

OGCI welcomes the Paris Agreement

Paris - Eiffel Tower

The members of the Oil and Gas Climate Initiative (OGCI) welcome and support the historic result achieved by 195 nations at the 21st Conference of the Parties (COP21).