The Oil and Gas Climate Initiative is a CEO-led organization bringing together 12 of the largest oil and gas companies worldwide to lead the industry’s response to climate change. It aims to accelerate action towards a net zero emissions future consistent with the Paris Agreement. OGCI members are Aramco, bp, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Petrobras, Repsol, Shell and Total Energies. Together, OGCI member companies represent about 30% of global oil and gas production.
OGCI members set up OGCI Climate Investments to create a US$1 billion-plus fund that invests in companies, technologies and projects that accelerate decarbonization within energy, industry, built environments and transportation.
By reaching a consensus with OGCI, CNPC and CI jointly established CCI in China.
Our mission is to invest in and support the technologies made possible through the demonstration and applications of these solutions within China. The investments and deployment of such technologies may have significant impact on global GHG emissions, especially those related to the oil and gas industry which will consequently, promote China’s response to climate change.