The Oil and Gas Climate Initiative (OGCI) is a CEO-led consortium that aims to accelerate the industry response to climate change.
The Oil and Gas Climate Initiative is a CEO-led consortium that aims to accelerate the industry response to climate change. OGCI member companies explicitly support the Paris Agreement and its aims. As leaders in the industry, accounting for over 30% of global operated oil and gas production, we aim to leverage our collective strength and expand the pace and scope of our transitions to a low-carbon future, so helping to achieve net-zero emissions as early as possible.
Our members collectively invest around $7B each year in low carbon solutions. OGCI Climate Investments, our $1B+ fund, invests in solutions to decarbonize sectors like oil and gas, industrials and commercial transport. OGCI members include BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Petrobras, Repsol, Saudi Aramco, Shell and Total.
The Global Storage Resource Database aims to support the CCUS industry by providing investor-level confidence in published CO2 storage resources and understanding their commercial maturity and development.
This work is produced by Storegga with support by the Global CCS Institute.