Oil and Gas Climate Initiative

Leading the industry response
to climate change

Aramco
BP
Chevron
CNPC
ENI
Equinor
Exxon
OXY
Petrobras
Repsol
Shell
Total
Aramco
BP
Chevron
CNPC
ENI
Equinor
Exxon
OXY
Petrobras
Repsol
Shell
Total

OGCI PROGRESS REPORT 2020

Delivering on a low carbon future

In 2020, we have reinforced our ambition to play an active role in achieving a low carbon future. We look forward to working with our stakeholders as we head to the pivotal COP26 meeting in Glasgow.

Our US$1B+ fund invests to deliver carbon reduction

We aim to catalyze low carbon ecosystems by investing in technologies and projects that accelerate decarbonization in oil and gas, industry, and commercial transport.

OGCI sets a new collective carbon intensity target

We made significant progress on our methane intensity target and in reducing our absolute upstream methane emissions.

OGCI works on hard-to-abate areas like shipping and aviation

We are collaborating with Stena Bulk to test the feasibility of mobile carbon capture and looking at innovative approaches to biomass in shipping and synthetic fuels in aviation.

OGCI works to scale up and standardize CCUS through hubs

We have added two new low carbon industrial hubs to our KickStarter initiative this year and four existing hubs are on course to be operational before 2025.

OGCI Climate
Investments

Our US$1B+ fund invests to deliver carbon reduction

We aim to catalyze low carbon ecosystems by investing in technologies and projects that accelerate decarbonization in oil and gas, industry, and commercial transport.

Reducing methane and carbon emissions

OGCI sets a new collective carbon intensity target

We made significant progress on our methane intensity target and in reducing our absolute upstream methane emissions.

Reducing transport emissions

OGCI works on hard-to-abate areas like shipping and aviation

We are collaborating with Stena Bulk to test the feasibility of mobile carbon capture and looking at innovative approaches to biomass in shipping and synthetic fuels in aviation.

Accelerating carbon capture, use and storage

OGCI works to scale up and standardize CCUS through hubs

We have added two new low carbon industrial hubs to our KickStarter initiative this year and four existing hubs are on course to be operational before 2025.

Collective action & engagement

We work with member companies and collaborate broadly to accelerate the pace and scale of action.

OGCI Climate Investments

$1bn+ to implement and scale low carbon solutions in oil and gas, industrials and commercial transportation.

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OGCI Progress Report 2020