Glossary:Oil and gas climate initiative

OGCI is a CEO-led initiative focused on accelerating action to a net zero future consistent with the Paris Agreement. To achieve its ambitions, OGCI’s 12 members are targeting net zero emissions at their own operations and collaborating with companies and partners across the industry and in other sectors to urgently reduce global greenhouse gas emissions. To support companies outside the group, OGCI focuses on partnering, capacity building and innovations to target key technologies and areas that can have the greatest impact on emissions reductions. OGCI’s current focus areas include carbon capture, utilization and storage (CCUS), methane emissions reduction and transport emissions.