The Oil and Gas Climate Initiative (OGCI)
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 world’s largest polluters.
Established in 2014, the OGCI claims to be “committed to the direction set out by the Paris Agreement on climate change.” As of 2017, it described its goal as being “a catalyst for change in our industry and more widely.” 
The OGCI regularly makes statements of intent in the weeks leading up to the annual UN international climate talks. These announcements have been criticised as “greenwashing” exercises, with many of the same companies often involved in obstructing efforts to take action on climate change through lobbying activities. , , 
Stance on Climate Change
“As 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.”
“We, 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.
“OGCI 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 – and to explore new businesses and technologies.”
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 “drop in the ocean” for the large oil companies part of OGCI. 
- Jerome Schmitt — Chair, OGCI Executive Committee
- Julien Perez — 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||–||–||–||–|
|Petroleo Brasileiro SA||–||–||–||–|
|Carlos Alberto Treviño Medina||Y|
|Emilio Lozoya Austin||Y|
|Jose Antonio Gonzalez Anaya||Y||Y|
|Reliance Industries Limited||–||–||–||–|
|Sh. Mukesh D Ambani||Y||Y||Y|
|Josu Jon Imaz||Y||Y||Y||Y|
|Royal Dutch Shell plc||–||–||–||–|
|Ben van Beurden||Y||Y||Y||Y|
|Amin H. Nasser||Y||Y||Y||Y|
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.” 
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”. 
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. 
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. 
Climate campaign group 350.org called the announcement “outrageous filibustering from an industry with no future.” Analysts at the Energy and Climate Intelligence Unit think tank said the fund was nothing more than a “drop in the ocean” for the companies. 
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 companies’ climate plan is setting up a $1 billion (£80m) fund to ramp us gas instead of coal, clean up the industry’s own emissions, invest in carbon capture and storage (CCS) technology, and make cars more efficient. 
The plan “might sound like sweaty, desperate greenwashing,” wrote Grist. Greenwashing, describes The Gurardian, was “coined in the 1980s to describe outrageous corporate environmental claims” however has grown much more sophisticated in more recent years. , 
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 “widespread and effective pricing of carbon emissions.” 
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. 
According to the group’s website and a published report, members of OGCI have included:
*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. 
Three interconnected “OGCI Climate” 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. 
- OGCI Climate Investments LLP (Company number OC415130) — 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 — Director
- OGCI Climate Investments LLP — Director
- Dr. Dominic Emery — Director (resigned)
- OGCI Climate Investments Holdings LLP (Company number OC416592)
- OGCI Climate Investments Group LTD — LLP Designated Member
- OGCI Climate Investments LLP — LLP Designated Member
Contact & Address
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
- “Catalyst for Change” (PDF), Oil and Gas Climate Initiative, October 2017. Archived .pdf on file at DeSmog.
- Mat Hope. “Big Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,” DeSmog, November 4, 2016.
- Kyla Mandel. “Six Commitments Missing From the Oil and Gas Major’s Climate Declaration,” DeSmog, October 16, 2015.
- Carol Linnitt. “Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows,” DeSmog, November 2, 2015.
- “At Work: Committed to climate action” (PDF), Oil and Gas Climate Initiative, September 2018. Archived .pdf on file at DeSmog.
- “OGCI,” Oil and Gas Climate Initiative. Archived November 22, 2017.
- Damian Carrington. “Oil firms announce $1bn climate fund to clean up gas,” The Guardian, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/uE9IJ
- “Strategy & Policy,” Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/vDyXH
- “Oil and Gas Climate Initiative welcomes Chevron, ExxonMobil and Occidental Petroleum into its international membership,” Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URL: https://archive.fo/UsJoO
- Jess Shankleman and Rakteem Katakey. “Big Oil to Invest $1 Billion in Carbon-Capture Technology,” Bloomberg, November 4, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/DUC1l
- Eve Andrews. “OIL, SHMOIL,” Grist, November 2, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/HAxfW
- Bruce Wilson. “The troubling evolution of corporate greenwashing,” The Guardian, August 20, 2016. Archived January 23, 2019. Archive.fo URL:https://archive.fo/VUPOo
- “Oil & Gas Climate Initiative Joint Collaborative Declaration” (PDF), OGCI, October 16, 2015. Archived .pdf on file at DeSmog.
- Search for “OGCI” at Companies House. Performed January 23, 2019.
- “OGCI CLIMATE INVESTMENTS LLP,” Companies House. Accessed January 23, 2019.
- “Aiming for Zero: Methane Emissions Initiative,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/v4oe0
- “Action and Engagement,” OGCI, Accessed June 28, 2022. Archived June 28, 2022. Archive URL: https://archive.ph/nemlh
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).