Oil and Gas Climate Initiative
Delivering solutions for a sustainable low-emissions future
The OGCI was formed by the industry in 2015 in an attempt, the industry said, to increase the ambition, speed and scale of the initiatives undertaken by fossil fuel companies to help reduce human-caused greenhouse gas emissions.
OGCI companies set a target to reduce the collective average methane intensity of our aggregated upstream gas and oil operations to below 0.25% by 2025, with the ambition to achieve 0.20%. Starting from a baseline of 0.32% in 2017, reaching the 0.20% target would translate into greatly reducing our collective methane emissions by more than one-third – approximately 600,000 tonnes of methane annually – by the end of 2025. For more information, please read the 2018 Annual Report.
OGCI was quick to identify “low-hanging fruit” opportunities to reduce the carbon footprint of energy consumed. Saving energy from being consumed has a privileged place on the low-carbon value chain. More efficient, low-carbon fuels and long-term carbon intensity reduction targets will see renewed interest in the years to come.
OGCI aspires to play a major role in the emergence of a commercially viable, safe and environmentally responsible circular carbon economy, including carbon capture, use and storage (CCUS) and nature-based solutions.
Members:
- BP (UK)
- Chevron (US)
- CNPC (China National Petroleum Company)
- Eni (Italy, Ente Nazionale Idrocarburi)
- Equinor (Norway; formerly Statoil)
- ExxonMobil (US)
- Occidental Petroleum (US)
- Pemex (Mexico)
- Petrobras (Brazil)
- Repsol (Spain)
- Saudi Aramco (Saudi Arabia)
- Shell (US subsidiary of Netherlands-based Royal Dutch Shell)
- Total (France)
Taylor Billings, of the global campaign group Corporate Accountability, said the meeting and interaction with the summit were “nothing more than an opportunity for some of the world’s biggest polluters to greenwash”.
She said: “By holding this event just steps from the UN summit, the OGCI is attempting to appear as part of the solution and gain further influence over policymaking.
“Until governments and the UN realise that trying to put the fire out with the arsonists in the room will not work, we risk letting another year go by without adequate action on climate change or supplanting real solutions with fossil-fuel-industry-driven schemes.”
The Environmental Defense Fund will attend. The Natural Resources Defense Council is weighing whether talking to the principals is worth their propaganda value to the oil companies.
Extinction Rebellion, the sociopolitical movement against climate breakdown, condemned the OGCI gathering.
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BP
Others since 2008
Chevron
CNPC
Eni
Equinor
ExxonMobil
Occidental Petroleum/Oxy
Pemex
No greenwashing ads. Just a national disaster: a state monopoly; theft of oil fueling Mexico's drug cartels; vast corruption; economic, financial, management, and security incompetence in government and company; numerous explosions and fires.
Petrobras
More scandal, corruption, public demonstrations, strikes, huge financial losses, while Brazil cuts down rain forest to grow sugar cane to make alcohol for cars. Electrics cannot possibly come soon enough. Except that Brazil has insisted that they be made by Brazilian companies in Brazil, and has had import duties on cars of more than 300%. They claim that they want to change that and support electric cars, but it hasn't actually worked out that way so far.
Repsol
Blink and you'll miss it, at 2:54.
Developing efficient, environmentally technologies
Saudi Aramco
Saudi Arabia actually is trying to go solar, both for regular power needs and for seawater desalinization, but is having hard going. Former Oil Minister Ahmed Zaki Yamani once said,
On the whole, I wish we had discovered water.
Yeah, I agree with him. More useful, fewer wars.
Shell
OK, we had the joke from the BBC, above. Now let's see one of Shell's own ads, from their YouTube #makethefuture channel. Notice that they hardly even bother with greenwashing. Or oil and gas. They just bought time on five singers and an animation crew. I don't know anything about Jennifer Hudson, Pixie Lott, Luan Santana, Yemi Alade and Monali Thakur. Do you? OK, Google knows that Jennifer Hudson placed 7th one time on American Idol. So, no, I think not.
Well, anyway, there was a paper car running on hydrogen, and a dance school with a solar roof, and an LED room light run with a weight like a cuckoo clock.
Total
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