OGCI at a glance

Read more about OGCI’s progress
since its launch in 2014

By the numbers

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Production

0
%

of global oil and
gas production 1

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Global Reach

0

Countries in which we operate, bringing together 2.1 million employees

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Low Carbon

$
0
B+

in low carbon technologies and R&D in 2019 2

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Investments

0

investments in portfolio of OGCI Climate Investments

1. Operated production of oil and gas 2019

2. Data from ten OGCI member companies

Our milestones

OGCI

OGCI member companies

OGCI Climate Investments

October 2020

OGCI meets its 2025 methane target and aims for its ambition

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August 2020

bp sets out a strategy for decade of delivery towards net zero ambition

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July 2020

OGCI member companies announce upstream carbon intensity target

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July 2020

Petrobras announces its support of TCFD as it implements its climate commitments

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July 2020

CNPC pledges to halve methane intensity by 2025

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June 2020

Ontruck joins Climate Investments portfolio

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May 2020

Total adopts a new climate ambition to get to net zero by 2050

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April 2020

Shell announces plans to become a net-zero emissions energy business by 2050 or sooner.

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April 2020

Qnergy joins the Climate Investments portfolio

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April 2020

Climate Investments partners with Starwood Energy

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March 2020

Net Zero Teesside is officially launched as the UK’s first CCUS-enabled industrial hub.

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February 2020

Eni sets a target to cut greenhouse gas emissions from its production and the products it sells by 80% by 2050

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February 2020

Equinor commits to be carbon neutral in its global operations by 2030, and to halve the net carbon intensity of its energy production and use by 2050.

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February 2020

BP pledges net-zero carbon emissions from the oil and gas it produces by 2050

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February 2020

Climate Investments invests in Elk Hills Carbon

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January 2020

Equinor commits to reduce absolute emissions from Norwegian operations by 40% by 2030, getting to near zero by 2050.

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December 2019

Repsol is the first oil and gas company to commit to become a net zero emissions company by 2050

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October 2019

Chevron sets targets to reduce the greenhouse gas emissions intensity of all upstream operations

September 2019

Kelvin, SeekOps, Boston Metal, 75F, Norsepower and XL join Climate Investment portfolio

September 2019

Launch of CCUS KickStarter to accelerate progress on decarbonizing industrial hubs

May 2019

Climate Investments partners with Wabash Valley Resources

January 2019

All companies report collective data jointly, under same guidance with third-party review

December 2018

Shell announces short-term targets to reduce the net carbon footprint of the energy products it sells

November 2018

OGCI companies and Climate Investments partner to support the UK’s first commercial full-chain CCUS project, now Net Zero Teesside

September 2018

OGCI companies announce collective upstream methane intensity target

September 2018

Chevron, ExxonMobil and Occidental join OGCI

September 2018

Climate Investments announces investments in Clarke Valve, GHGSat, Kairos Aerospace, Inventys and Econic

March 2018

Petrobras joins OGCI

October 2017

Climate Investments announces investments in Achates Power, Clean Gas Project and Solidia

March 2017

Equinor launches its 2030 Climate Roadmap

December 2016

Total integrates Paris climate goals into its strategy

October 2016

Launch of US$1B OGCI Climate Investments fund

December 2015

Explicit recognition of the Paris Agreement and its aims

September 2014

OGCI is launched