Oil and Gas Climate Initiative (OGCI)

About

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 goals.

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 $7 billion each year in low carbon solutions. OGCI Climate Investments, our $1 billion-plus fund, invests in solutions to decarbonize sectors like oil and gas, industrials and commercial transport.

Editor's note: Updated June 25, 2020.

Headquarters Address

London
United Kingdom

News

Policymakers and governments need to understand the challenges of the energy transition, former BP CEO Bob Dudley says.

A group of the world's top oil companies, comprised of 12 members including Saudi Aramco, China's CNPC and Exxon Mobil, have for the…

In hopes of avoiding a slowdown in momentum caused by the current downturn, OGCI Climate Investments launched a new program to finance…

The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action…