OGCI at a glance

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

By the numbers




of global oil and
gas production 1


Global Reach


Countries in which we operate, bringing together 2.1 million employees


Low Carbon


in low carbon technologies and R&D in 2018 2




investments in portfolio of OGCI Climate Investments

1. Operated production of oil and gas 2018

2. Data from eight OGCI member companies

Our milestones

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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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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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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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

OGCI Climate Investments announces it has 15 companies and projects in its portfolio, doubling the number over the year.

September 2019

Launch of CCUS KickStarter to accelerate progress on decarbonizing industrial hubs

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

March 2018

Petrobras joins OGCI

October 2017

OGCI Climate Investments announces first three investments

March 2017

Equinor launches its 2030 Climate Roadmap

December 2016

Total integrates Paris climate goals into its strategy

October 2016

Commits $1B to a new investment fund, OGCI Climate Investments

December 2015

Explicit recognition of the Paris Agreement and its aims

September 2014

OGCI is launched