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We've done a lot in 10 years

Over the past decade, we have translated the CEOs’ vision into action – transforming OGCI into a leader in the global effort to achieve net zero. Since 2017, we have halved our methane emissions, cut routine flaring by 45% and reduced carbon intensity by 21%.   

Our members have spent $65 billion in low-carbon technologies, such as renewables, biofuels and carbon capture. And we’ve set a benchmark for the rest of the industry to strive for.

OGCI in numbers

OGCI’s members are reducing their own emissions, helping other industries reduce theirs and investing in the energy system of the future. See some of our stats below.

Our milestones

As OGCI marks 10 years of collective action, we’re proud of what we’ve done to help the industry decarbonize. 

We’ve shown what’s possible, and we’re sharing what we’ve learned with companies outside our group to accelerate emissions reductions. 

2024
OGCI is 10 years old

OGCI marks 10 years of collective action, helping the industry decarbonize. 

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2024
COP28 UAE Logo

OGCI becomes the secretariat for the OGDC, which was launched at COP28

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2023
Three satellites orbiting over Earth.

OGCI extends Satellite Monitoring Campaign to reduce methane emissions

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2022
Stena Impero boat sailing on the sea.

OGCI and partners launch project to demonstrate carbon capture on shipping

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2022
Two engineers working at a Saudi Aramco Facility.

OGCI launches the CCUS Hub platform to share knowledge globally

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2022
Two men wearing face masks having a meeting with two other people during COVID

OGCI members launch the Aiming for Zero Methane Emissions Initiative

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2021
Drones operating in a refinery

OGCI achieves collective methane intensity target four years early

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2021
Man thoughtfully looking at a whiteboard with sticky notes attached

OGCI announces its new strategy and updated targets

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2020

OGCI announces collective upstream carbon intensity target

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2019
Two people sharing report findings

OGCI members start reporting third-party reviewed performance data

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2018

OGCI announces collective upstream methane intensity target

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2018

Chevron, Exxon, Occidental and Petrobras join OGCI

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2016
Photo of Pratima Rangarajan, CEO Climate Investment

OGCI launches OGCI Climate Investments to manage a $1 billion fund

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2015
Photo taken from COP21 in Paris with Secretary General of UN

OGCI member companies recognize and support the Paris Agreement and its aims

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2014
Fmr Araco CEO

OGCI launched at UN Climate Summit in New York

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Oil and Gas Climate Initiative

Our initiatives and partnerships

Decarbonizing the energy system is a complex task that requires collaboration. OGCI works with many partners to deliver its own initiatives and support efforts by others.