See the latest OGCI CEO statement here

Linkedin

CEO foreword

Josu Jon Imaz, CEO of Repsol S.A., and Patrick Pouyanné, CEO of TotalEnergies SE, looking pensive during a meeting.

As CEOs of OGCI’s member companies, we support the goals of the Paris Agreement, limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. And we recognize that there is a real urgency to act. This requires international collaboration, an energy transition and a reduction in greenhouse gas emissions from […]

Highlights

The world viewed from space in a dark night time deep blue colour.

OGCI member companies’ total oil and gas production in 20221 0 Mboe/day 0 % of global output2 0 % of global greenhouse gas emissions3 OGCI members’ total upstream greenhouse gas emissions reductions in 2022 vs 20174 carbon intensity – 0 % absolute methane emissions – 0 % flaring of greenhouse gas emissions – 0 % […]

Methane emissions

Two engineers working at a Saudi Aramco Facility on a yellow background.

When our member company CEOs launched OGCI in 2014, they highlighted the need to address methane emissions. This remains a critical issue for OGCI. Our members have demonstrated that a significant portion of methane emissions in the oil and gas industry can be reduced at many locations at relatively low cost. They have done this […]

CCUS

Four engineers working at an oil field.

The role of carbon capture, utilization and storage (CCUS) in tackling the global decarbonization challenge has advanced since OGCI was founded in 2014. Leading institutions, including the UN’s Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA), recognize the role of CCUS in reducing carbon dioxide emissions and achieving net-zero greenhouse gas […]

Net zero solutions

An image of an office building with a tree in front of it, and a green overlay to the left hand side of the image.

Since its launch, OGCI has focused on building and strengthening the foundations to enable the deep decarbonization required to ensure a smooth energy transition that supports net zero. This applies to our members’ operations and more broadly across the oil and gas industry as well as in other ­energy-intensive sectors. Cutting emissions means transforming the […]

OGCI progress report 2022

A female engineer working on computer screens while a male engineer stands beside her, working on a hand held device. The image has a blue overlay on it, to the left hand side of the image.

Updated for 2024 – See OGCI’s new Performance Data hub for latest data OGCI has been collecting aggregate data across all member companies since 2017. In line with best practice, we are continually improving data collection methodologies and processes in areas such as flaring, investment and research and development (R&D) in low-carbon technologies as well as […]

Climate Investment

GHG Satellites in space with the world viewed below them. Blue gradient to the left of the image.

Investing in innovation and partnerships to drive impact Climate Investment (CI) is an independently managed, specialist decarbonization investor founded by members of the OGCI. Our mission is to drive near-term greenhouse gas emissions reduction through investment and market adoption of our portfolio company innovations across our network of investors and global partnerships. Over the past […]

CEO foreword

Vicki Hollub, CEO of Occidental, and Josu Jon Imaz, CEO of Repsol S.A., pictured facing the camera during a meeting.

The geopolitical disruptions of the war in Ukraine and continuing effects of the Covid pandemic have contributed to a global energy crisis that has shone a new light on the complexities of the energy transition. As CEOs of the OGCI member companies, we face the need to balance the demands of energy security, affordability and […]