Oil and Gas Climate Initiative

Photo via OGCICEOs 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 worldโ€™s largest polluters.

Established in 2014, the OGCI claims to be โ€œcommitted to the direction set out by the Paris Agreement on climate change.โ€ As of 2017, it described its goal as being โ€œa catalyst for change in our industry and more widely.โ€1โ€œCatalyst for Changeโ€ (PDF)Oil and Gas Climate Initiative, October 2017. Archived .pdf on file at DeSmog.

The OGCIโ€™s 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. โ€œBig Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,โ€ DeSmog, November 4, 2016. as โ€œgreenwashingโ€ exercises,3Kyla Mandel. โ€œSix Commitments Missing From the Oil and Gas Majorโ€™s 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. โ€œOil 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:5โ€œAt Work: Committed to climate actionโ€ (PDF)Oil and Gas Climate Initiative, September 2018. Archived .pdf on file at DeSmog.

โ€œAs 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 OGCIโ€™s website formerly stated:6โ€œOGCI,โ€ Oil and Gas Climate Initiative. Archived November 4, 2017.

โ€œWe, 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.

โ€œOGCI 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 โ€œdrop in the oceanโ€ for the large oil companies part of OGCI.7Damian Carrington. โ€œOil 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:8โ€œStrategy & 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 & Name2015201620172018
BG Group plc
Helge LundY   
BP plc
Bob DudleyYYYY
CNPC
Wang Yilin YYY
Eni S.p.A.
Claudio DescalziYYYY
Equinor ASA
Eldar Saetre   Y
Petroleo Brasileiro SA
Ivan Monteiro   Y
Petrรณleos Mexicanos
Carlos Alberto Treviรฑo Medina   Y
Emilio Lozoya AustinY   
Jose Antonio Gonzalez Anaya YY 
Reliance Industries Limited
Sh. Mukesh D AmbaniYYY 
Repsol S.A.
Josu Jon ImazYYYY
Royal Dutch Shell plc
Ben van BeurdenYYYY
Saudi Aramco
Amin H. NasserYYYY
Statoil ASA
Eldar SaetreYYY 
Total S.A.
Patrick PouyannรฉYYYY

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.”9Aiming 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.”10Action 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.11Action 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 โ€œits 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

โ€œThe 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 โ€œmade 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.14โ€œOil 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. โ€œBig 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 โ€œoutrageous 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 โ€œdrop in the oceanโ€ for the companies.16Damian Carrington. โ€œOil 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 industryโ€™s own emissions, invest in carbon capture and storage (CCS) technology, and make cars more efficient.17Mat Hope. โ€œBig Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,โ€ DeSmog, November 4, 2016.

The plan โ€œmight sound like sweaty, desperate greenwashing,โ€ wrote Grist.18Eve Andrews. โ€œOIL, SHMOIL,โ€ Grist, November 2, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/HAxfW Greenwashing, describes The Gurardian, was โ€œcoined in the 1980s to describe outrageous corporate environmental claimsโ€ however has grown much more sophisticated in more recent years.19Bruce Wilson. โ€œThe 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  โ€œwidespread and effective pricing of carbon emissions.โ€20โ€œOil & 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. โ€œSix Commitments Missing From the Oil and Gas Majorโ€™s Climate Declaration,โ€ DeSmog, October 16, 2015.

According to the group’s website and a published report, members of OGCI have included:

Member20152018*2019
BG GroupY  
BPY Y
Chevron Y 
CNPC  Y
ENIY Y
Equinor  Y
ExxonMobil Y 
Occidental Y 
PemexY Y
Petrobras  Y
Reliance IndustriesY  
RepsolY Y
Saudi AramcoY Y
ShellY Y
StatoilY  
TotalY 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 2019.22โ€œOil 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 โ€œOGCI 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 โ€œOGCIโ€ at Companies House. Performed January 23, 2019.

Contact & Address

According to Companies House records for โ€OGCI Climate Investments LLP,โ€ which includes, and others, that group’s address is as follows:24โ€œOGCI 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 

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