Photo via OGCI. CEOs pictured include Helge Lund, BG Group; Bob Dudley, BPOGCI member CEOs not pictured: Mukesh Ambani, Reliance Industries; Ben van Beurden, Royal Dutch Shell).
The Oil and Gas Climate Initiative (OGCI)
Background
The Oil and Gas Climate Initiative (OGCI) is a coalition of major oil and gas companies created to promote a climate-friendly image for some of the worldโs largest polluters.
Established in 2014, the OGCI claims to be โcommitted to the direction set out by the Paris Agreement on climate change.โ As of 2017, it described its goal as being โa catalyst for change in our industry and more widely.โ1โCatalyst for Changeโ (PDF), Oil and Gas Climate Initiative, October 2017. Archived .pdf on file at DeSmog.
The OGCIโs members have included Shell, BP, Statoil, Saudi Aramco, Eni, Total, Repsol, CNPC, Pemex, and Reliance Industries among others.
The OGCI regularly makes statements of intent in the weeks leading up to the annual UN international climate talks. These announcements have been criticised2Mat Hope. โBig Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,โ DeSmog, November 4, 2016. as โgreenwashingโ exercises,3Kyla Mandel. โSix Commitments Missing From the Oil and Gas Majorโs Climate Declaration,โ DeSmog, October 16, 2015. with many of the same companies often involved in obstructing efforts to take action on climate change through lobbying activities.4Carol Linnitt. โOil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows,โ DeSmog, November 2, 2015.
Stance on Climate Change
September 2018
According to a statement from representative OGCI CEOs, published in a 2018 report by the group:5โAt Work: Committed to climate actionโ (PDF), Oil and Gas Climate Initiative, September 2018. Archived .pdf on file at DeSmog.
โAs the CEOs of OGCI member companies, we balance our responsibilities as major global energy providers with the essential need to tackle the threat of climate change.โ
2017
The OGCIโs website formerly stated:6โOGCI,โ Oil and Gas Climate Initiative. Archived November 4, 2017.
โWe, the leaders of the ten major oil and gas companies, are committed to the direction set out by the Paris Agreement on climate change. We support its agenda for global action and the need for urgency. Through our collaboration in Oil and Gas Climate Initiative (OGCI), we can be a catalyst for change in our industry and more widely.
โOGCI aims to increase the ambition, speed and scale of the initiatives we undertake as individual companies to reduce the greenhouse gas footprint of our core oil and gas business โ and to explore new businesses and technologies.โ
Funding
Analysts at the Energy and Climate Intelligence Unit think tank said the new $1 billion fund to go towards carbon capture and storage technology research and development launched in 2017 was nothing more than a โdrop in the oceanโ for the large oil companies part of OGCI.7Damian Carrington. โOil firms announce $1bn climate fund to clean up gas,โ The Guardian, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/uE9IJ
Key People
Leadership
As of 2019, the Oil and Gas Climate Initiative listed two people on their website:8โStrategy & Policy,โ Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/vDyXH
- Jerome Schmitt โ Chair, OGCI Executive Committee
- Julien Perez โ Strategy & Policy Director of OGCI Climate Investments
Companies & CEOs
Below are representatives who signed on to key CNPC documents year over year, listed by company represented:
Group Represented & Name | 2015 | 2016 | 2017 | 2018 |
BG Group plc | – | – | – | – |
Helge Lund | Y | |||
BP plc | – | – | – | – |
Bob Dudley | Y | Y | Y | Y |
CNPC | – | – | – | – |
Wang Yilin | Y | Y | Y | |
Eni S.p.A. | – | – | – | – |
Claudio Descalzi | Y | Y | Y | Y |
Equinor ASA | – | – | – | – |
Eldar Saetre | Y | |||
Petroleo Brasileiro SA | – | – | – | – |
Ivan Monteiro | Y | |||
Petrรณleos Mexicanos | – | – | – | – |
Carlos Alberto Treviรฑo Medina | Y | |||
Emilio Lozoya Austin | Y | |||
Jose Antonio Gonzalez Anaya | Y | Y | ||
Reliance Industries Limited | – | – | – | – |
Sh. Mukesh D Ambani | Y | Y | Y | |
Repsol S.A. | – | – | – | – |
Josu Jon Imaz | Y | Y | Y | Y |
Royal Dutch Shell plc | – | – | – | – |
Ben van Beurden | Y | Y | Y | Y |
Saudi Aramco | – | – | – | – |
Amin H. Nasser | Y | Y | Y | Y |
Statoil ASA | – | – | – | – |
Eldar Saetre | Y | Y | Y | |
Total S.A. | – | – | – | – |
Patrick Pouyannรฉ | Y | Y | Y | Y |
Actions
March 8, 2022
OGCI launched “Aiming for Zero”, an initiative to reduce methane emissions among its members and signatories. The aim of the initiative states: “We will strive to reach near zero methane emissions from our operated oil and gas assets by 2030, and we will encourage our partners to achieve similar results.”9“Aiming for Zero: Methane Emissions Initiative,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/v4oe0
According to the OGCI, the “Signatories and Supporters” of the Aiming for Zero initiative “believe that virtually all methane emissions from the industry can and should be avoided.”10“Action and Engagement,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/nemlh
The OGCI said that the initiative had already been endorsed by CEOs from oil and gas companies including Aramco, BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Oxy, Petrobras, Repsol, Shell, and TotalEnergies.11“Action and Engagement,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/nemlh
September 2021
According to S&P Global Market Intelligence, OGCI announced that โits companies aim to reach net zero emissions from operations under their control, which spans Scopes 1 and 2 emissions.โ S&P noted:12Karin Rives and Allison Good. “Oil group’s net-zero goal shuns emissions cuts that would threaten core assets,” S&P Global Market Intelligence, September 28, 2021. Archived March 14, 2023. Archive URL: https://archive.ph/xZvmD
โThe commitment did not include Scope 3 emissions: those associated with products and services needed for exploration and production of oil. Importantly, Scope 3 also includes downstream greenhouse gases emitted from the oil, gasoline and diesel oil that companies sell to anyone who drives a car or flies a plane.โ
In 2019, these upstream Scope 3 emissions alone โmade up just over half of the companies’ carbon footprint.”13Karin Rives and Allison Good. “Oil group’s net-zero goal shuns emissions cuts that would threaten core assets,” S&P Global Market Intelligence, September 28, 2021. Archived March 14, 2023. Archive URL: https://archive.ph/xZvmD
Septemberย 2018
Exxon, Chevron and Occidental joined the group. At the time, OGCI claimed its members represented about 30 percent of oil and gas production worldwide and supply 20 percent of primary energy consumption.14โOil and Gas Climate Initiative welcomes Chevron, ExxonMobil and Occidental Petroleum into its international membership,โ Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/UsJoO
October 2017
A few weeks before the annual climate talks in Bonn, Germany, the OGCI announced a new $1 billion fund to go towards carbon capture and storage technology research and development.15Jess Shankleman and Rakteem Katakey. โBig Oil to Invest $1 Billion in Carbon-Capture Technology,โ Bloomberg, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/DUC1l
Climate campaign group 350.org called the announcement โoutrageous filibustering from an industry with no future.โ Analysts at the Energy and Climate Intelligence Unit think tank said the fund was nothing more than a โdrop in the oceanโ for the companies.16Damian Carrington. โOil firms announce $1bn climate fund to clean up gas,โ The Guardian, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/uE9IJ
November 2016
The OGCI announced a strategy to limit warming to two degrees above pre-industrial levels on the day the Paris Agreement came into force. At the core of these companiesโ climate plan is setting up a $1 billion (ยฃ80m) fund to ramp us gas instead of coal, clean up the industryโs own emissions, invest in carbon capture and storage (CCS) technology, and make cars more efficient.17Mat Hope. โBig Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,โ DeSmog, November 4, 2016.
The plan โmight sound like sweaty, desperate greenwashing,โ wrote Grist.18Eve Andrews. โOIL, SHMOIL,โ Grist, November 2, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/HAxfW Greenwashing, describes The Gurardian, was โcoined in the 1980s to describe outrageous corporate environmental claimsโ however has grown much more sophisticated in more recent years.19Bruce Wilson. โThe troubling evolution of corporate greenwashing,โ The Guardian, August 20, 2016. Archived January 23, 2019. Archive.fo URL:https://archive.fo/VUPOo
October 2015
The OGCI launched a Joint Collaborative Declaration just days before the start of the international climate negotiations in 2015, which would conclude with the creation of the much-celebrated Paris Agreement. The announcement called for โwidespread and effective pricing of carbon emissions.โ20โOil & Gas Climate Initiative Joint Collaborative Declarationโ (PDF), OGCI, October 16, 2015. Archived .pdf on file at DeSmog.
Think-tank Carbon Tracker suggested a number of items were missing from the declaration, including a commitment to targets commensurate with limiting warming to two degrees, or any promises to increase spending on clean or renewable energy technologies.21Kyla Mandel. โSix Commitments Missing From the Oil and Gas Majorโs Climate Declaration,โ DeSmog, October 16, 2015.
Related Organisations
According to the group’s website and a published report, members of OGCI have included:
Member | 2015 | 2018* | 2019 |
BG Group | Y | ||
BP | Y | Y | |
Chevron | Y | ||
CNPC | Y | ||
ENI | Y | Y | |
Equinor | Y | ||
ExxonMobil | Y | ||
Occidental | Y | ||
Pemex | Y | Y | |
Petrobras | Y | ||
Reliance Industries | Y | ||
Repsol | Y | Y | |
Saudi Aramco | Y | Y | |
Shell | Y | Y | |
Statoil | Y | ||
Total | Y | Y |
*A September 2018 press released announced that ExxonMobil, Occidental Petroleum, and Chevron would be joining OGCI at that time. The membership of those companies was not confirmed on on other OGCI materials or its web page as of January 2019.22โOil and Gas Climate Initiative welcomes Chevron, ExxonMobil and Occidental Petroleum into its international membership,โ Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/UsJoO
Three interconnected โOGCI Climateโ groups are registered with UK‘s Companies House, with OGCI Climate Investments LLP listing officers as including BP, Shell, Chevron, ENI, Repsol, among other shared groups.23Search for โOGCIโ at Companies House. Performed January 23, 2019.
- OGCI Climate Investments LLP (Company number OC415130) โ Listed Officers include the following:
- BP Technology Ventures Limited
- Shell Petroleum Company Limited (The)
- Chevron Products UK Limited
- ENI UK Limited
- Equinor Wind Limited
- ExxonMobil Engineering Europe Limited
- Oxy Climate Ventures, Inc
- Petrobras Internationall Braspetro B.V.
- Repsol Energy Ventures, S.A.
- Saev Guernsey I, Ltd.
- Total Holdings UK Limited
- OGCI Climate Investments Group LTD (Company number 10688335)
- Dr. Pratima Rangarajan โ Director
- OGCI Climate Investments LLP โ Director
- Dr. Dominic Emery โ Director (resigned)
- OGCI Climate Investments Holdings LLP (Company number OC416592)
- OGCI Climate Investments Group LTD โ LLP Designated Member
- OGCI Climate Investments LLP โ LLP Designated Member
Contact & Address
According to Companies House records for โOGCI Climate Investments LLP,โ which includes, and others, that group’s address is as follows:24โOGCI CLIMATE INVESTMENTS LLP,โ Companies House. Accessed January 23, 2019.
Suite 1, 3rd Floor 11-12 St. James’s Square, London, United Kingdom, SW1Y 4LB
Records show that group moved from its prior office as of June 2017:
- 20-22 Bedford Row London WC1R 4JS United Kingdom
Social Media
- @OGCInews on Twitter
- The Oil and Gas Climate Initiative on LinkedIn
Other Resources
Resources
- 1โCatalyst for Changeโ (PDF), Oil and Gas Climate Initiative, October 2017. Archived .pdf on file at DeSmog.
- 2Mat Hope. โBig Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,โ DeSmog, November 4, 2016.
- 3Kyla Mandel. โSix Commitments Missing From the Oil and Gas Majorโs Climate Declaration,โ DeSmog, October 16, 2015.
- 4Carol Linnitt. โOil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows,โ DeSmog, November 2, 2015.
- 5โAt Work: Committed to climate actionโ (PDF), Oil and Gas Climate Initiative, September 2018. Archived .pdf on file at DeSmog.
- 6โOGCI,โ Oil and Gas Climate Initiative. Archived November 4, 2017.
- 7Damian Carrington. โOil firms announce $1bn climate fund to clean up gas,โ The Guardian, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/uE9IJ
- 8โStrategy & Policy,โ Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/vDyXH
- 9“Aiming for Zero: Methane Emissions Initiative,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/v4oe0
- 10“Action and Engagement,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/nemlh
- 11“Action and Engagement,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/nemlh
- 12Karin Rives and Allison Good. “Oil group’s net-zero goal shuns emissions cuts that would threaten core assets,” S&P Global Market Intelligence, September 28, 2021. Archived March 14, 2023. Archive URL: https://archive.ph/xZvmD
- 13Karin Rives and Allison Good. “Oil group’s net-zero goal shuns emissions cuts that would threaten core assets,” S&P Global Market Intelligence, September 28, 2021. Archived March 14, 2023. Archive URL: https://archive.ph/xZvmD
- 14โOil and Gas Climate Initiative welcomes Chevron, ExxonMobil and Occidental Petroleum into its international membership,โ Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/UsJoO
- 15Jess Shankleman and Rakteem Katakey. โBig Oil to Invest $1 Billion in Carbon-Capture Technology,โ Bloomberg, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/DUC1l
- 16Damian Carrington. โOil firms announce $1bn climate fund to clean up gas,โ The Guardian, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/uE9IJ
- 17Mat Hope. โBig Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,โ DeSmog, November 4, 2016.
- 18Eve Andrews. โOIL, SHMOIL,โ Grist, November 2, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/HAxfW
- 19Bruce Wilson. โThe troubling evolution of corporate greenwashing,โ The Guardian, August 20, 2016. Archived January 23, 2019. Archive.fo URL:https://archive.fo/VUPOo
- 20โOil & Gas Climate Initiative Joint Collaborative Declarationโ (PDF), OGCI, October 16, 2015. Archived .pdf on file at DeSmog.
- 21Kyla Mandel. โSix Commitments Missing From the Oil and Gas Majorโs Climate Declaration,โ DeSmog, October 16, 2015.
- 22โOil and Gas Climate Initiative welcomes Chevron, ExxonMobil and Occidental Petroleum into its international membership,โ Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/UsJoO
- 23Search for โOGCIโ at Companies House. Performed January 23, 2019.
- 24โOGCI CLIMATE INVESTMENTS LLP,โ Companies House. Accessed January 23, 2019.