Towards Net Zero Operations
One of OGCI’s core missions is to help accelerate the reduction of greenhouse gas (GHG) emissions that come from the oil and gas industry. Our starting point is to support member companies as they reduce emissions from their own operations. For the 12 member companies, taken in aggregate, those emissions amounted to almost 700 million […]
Leading the Industry
Helping Decarbonize Society
OGCI Climate Investments
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Leadership With Impact
Leadership with impact Annual progress report from the oil and gas climate initiative Start Reading Download PDF
CEO foreword – A decade of impact
This year marks 10 years since we launched OGCI – a unique CEO-led climate initiative – at the UN Climate Summit in New York, with the ambition to work together to tackle the climate challenge. Working together has helped us to achieve emissions reductions faster than we would have been able to individually. At a […]
Highlights1
OGCI member companies’ total operated oil and gas production in 2023 0 Mboe/day 0 % of global output2 0 % of global greenhouse gas emissions3 OGCI members’ total operated greenhouse gas emissions reductions in 2023 vs 2017 baseline upstream carbon intensity – 0 % total GHG emissions (Scope 1) – 0 % total methane emissions […]
Towards net zero operations
OGCI supports the goals of the Paris Agreement and the need for the world to move to a net zero carbon emissions future. This will require an energy transition and a reduction in greenhouse gas emissions from oil and gas. OGCI and its members by taking individual and collective action will help accelerate the energy […]
Leading the industry
OCGI’s second core strategic ambition is to work proactively with and encourage the entire oil and gas industry, including national oil and gas companies, to strive for net zero operations in the Paris Agreement timeframe and aim for near zero methane emissions by 2030. In its 2023 World Energy Outlook, the IEA estimated that the […]