OGCI (Oil and Gas Climate Initiative)

💬 Methane emissions should be taken as seriously as oil spills, Julien Perez told Energy Connects recently. In 2022, we launched the Aiming For Zero Methane Emissions Initiative to cut the oil and gas industry’s methane footprint to near zero by 2030. Now, more than 100 companies are committed to reaching net zero through transparent reporting, advanced monitoring, and innovative approaches to methane emissions reduction. Join us in rethinking methane emissions: https://lnkd.in/eKXFHds6 

Our CO2 Storage Resource Catalogue, a collaboration with Global CCS Institute and Halliburton, evaluates the readiness of 1272 potential carbon capture and storage sites across 54 countries.     Carbon capture, utilization and storage (CCUS) will be critical to enable industries and regions to #decarbonize as the energy transition gains pace.      The catalogue is an ongoing project, helping build a global overview of resources available to CCUS projects.       🔍 Watch now to explore the tool’s functionality and try it out on our website.     #CarbonCapture #NetZero 

We’re proud of what OGCI has done so far to help the industry decarbonize. This year, we mark 10 years of collective action towards #NetZero. 💬 @Julien Perez spoke to Energy Connects about what our member companies are doing to reduce emissions. Find out more: https://lnkd.in/eej3XBh4 #OGCI10 

We’re celebrating a decade of collective action to accelerate the energy industry’s journey to net zero. OGCI’s member companies have already met our methane intensity target of 0.2%. And now we’re striving for near zero methane emissions from operations under our control by 2030, in line with the ambitions of our Aiming For Zero Methane Emissions Initiative. Swipe to find out more about our collective progress. Check out our latest progress report: https://lnkd.in/df_teiQf

Our global CO2 Storage Resource Catalogue has been updated 🌍 We worked with the Global CCS Institute and Halliburton on the fourth cycle of the tool. Evaluations now cover 1272 carbon capture and storage resource sites across 54 countries. Hosted on the OGCI (Oil and Gas Climate Initiative) website, the catalogue builds a global view of the commercial readiness of CO2 storage resources in key markets. 🔍 Check out the updates now: https://lnkd.in/ecvXZszK #ClimateAction #CarbonCapture

Today, His Majesty King Charles III welcomed the COP Presidencies Troika at Clarence House, represented by COP28 President, Dr. Sultan Al Jaber, COP29 President-Designate, Mukhtar Babayev, and Brazil’s National Secretary for Climate Change, Ana Toni. The COP Presidencies Troika is an unprecedented collaboration between COP hosts, designed to maintain momentum, lock in continuity, anchor implementation and build a bridge of progress between COPs. #COP28 #COP29 #COP30 #UAEConsensus

In the past decade, the 12 OGCI member companies have demonstrated the essential role that #OilAndGas companies can play in delivering a #NetZero future. We’ve shown what’s possible – and we’re sharing what we’ve learned with other companies to help speed up the industry’s decarbonization. At #CERAWeek this year, our member companies’ CEOs shared their insights on OGCI’s impact so far and their ambitions for the future. Watch, comment, and join the discussion. #OGCI10

💬"We have achieved a lot in a decade, and we’ve set a benchmark for the rest of the industry to strive for. But with 2023 the hottest year on record, it’s clear we must do more. Tackling the climate challenge will require all of us to move further and faster and working together is the way to achieve this.” Bjørn Otto Sverdrup, OGCI Executive Committee Chair said. As OGCI marks its 10th anniversary, we reflect on our progress and recognize the need to accelerate the transition to #NetZero. Swipe to see what we've achieved over the past year

📣 PetroChina joins over 50 global oil and gas producers as a signatory of the The Oil & Gas Decarbonization Charter (OGDC)!   With state-owned companies producing over two-thirds of the world's oil and gas, PetroChina's commitment to the Charter’s #NetZero ambitions is a major milestone.   Find out more. ⬇️

OGCI is a CEO-led initiative comprising a diverse group of energy companies working together to accelerate the oil and gas industry's action to achieve net zero. Three pillars guide our work towards a more sustainable future: ➡️ Towards net zero operations ➡️ Leading the industry ➡️ Helping to decarbonize society Read more about our strategy: https://lnkd.in/eQQ28PQK