OGCI Annual Report Highlights Progress in Reducing Emissions
The Oil and Gas Climate Initiative (OGCI) has published its annual Progress Report, showcasing member companies' continued efforts to reduce emissions and drive momentum in the oil and gas sector.
According to the report, OGCI's 12 member companies have made significant progress, including:
- Reducing aggregate upstream operated methane intensity by 62% since 2017
- Cutting routine flaring by 72% since 2017
- Lowering upstream carbon intensity by 24% since 2017
The report highlights the industry's progress in advancing low-carbon solutions and forging global partnerships to accelerate decarbonisation.
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Author's summary: OGCI member companies reduce emissions and drive industry decarbonisation.