Oil CEOs Pen Open Letter Pushing for Climate Change Action

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

Oil CEOs Pen Open Letter Pushing for Climate Change Action

(Source: Oil and Gas Climate Initiative; Shutterstock.com)

Leaders from some of the world’s largest oil and gas companies, including BP Plc, Exxon Mobil Corp. and Saudi Aramco, pledged in an open letter continued efforts toward climate change initiatives despite facing challenges presented by the COVID-19 pandemic.

The open letter, which was issued and signed by the CEOs of all the member companies of the Oil and Gas Climate Initiative (OGCI) on May 26, stated that the unprecedented challenges has sharpened their focus on “what really matters.”

“Our immediate priority, as CEOs, is to do everything we can so that our people and communities are safe and capable of confronting the pandemic effectively,” the group stated in the letter. “We will work to help the world recover from the economic shock of this crisis that has undoubtedly hit some more than others yet impacts us all.”

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Faiza Rizvi

Faiza Rizvi is a senior associate editor of Business & ESG for Hart Energy's editorial department, with a strong focus on E&P Plus and HartEnergy.com. She has been covering all facets of the U.S. and international energy industry for over 5 years.