Oil and Gas Climate Initiative

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 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.” [1]

The OGCI’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 criticised as “greenwashing” exercises, with many of the same companies often involved in obstructing efforts to take action on climate change through lobbying activities. [2], [3], [4]

Stance on Climate Change

September 2018

According to a statement from representative OGCI CEOs, published in a 2018 report by the group: [5]

“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.”

2017

The OGCI’s website formerly stated: [6]

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.”

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 “drop in the ocean” for the large oil companies part of OGCI. [7]

Key People

Leadership

As of 2019, the Oil and Gas Climate Initiative listed two people on their website: [8]

  • 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 - - - -
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
Petróleos Mexicanos - - - -
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
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 Pouyanné Y Y Y Y

Actions

September 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. [9]

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. [10]

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. [7]

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 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. [2]

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. [11], [12]

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  “widespread and effective pricing of carbon emissions.” [13]

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. [3]

Related Organizations

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. [9]

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. [14]

  • OGCI Climate Investments Group LTD (Company number 10688335)
    • Dr. Pratima Rangarajan — Director
    • OGCI Climate Investments LLP — Director
    • Dr. Dominic Emery — Director (resigned)

Contact & Address

According to Companies House records for ”OGCI Climate Investments LLP,” which includes, and others, that group's address is as follows: [15]

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

Resources

  1. “Catalyst for Change” (PDF)Oil and Gas Climate Initiative, October 2017. Archived .pdf on file at DeSmog.

  2. Mat Hope. “Big Oil Called out for Greenwashing, Issues Essentially the Same Pre-COP Climate Pledge as Last Year,” DeSmog, November 4, 2016.

  3. Kyla Mandel. “Six Commitments Missing From the Oil and Gas Major’s Climate Declaration,” DeSmog, October 16, 2015.

  4. Carol Linnitt. “Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows,” DeSmog, November 2, 2015.

  5. “At Work: Committed to climate action” (PDF), Oil and Gas Climate Initiative, September 2018. Archived .pdf on file at DeSmog.

  6. OGCI,” Oil and Gas Climate Initiative. Archived November 22, 2017.

  7. 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

  8. Strategy & Policy,” Oil and Gas Climate Initiative. Archived January 23, 2019. Archive.fo URLhttps://archive.fo/vDyXH 

  9. 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

  10. 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

  11. Eve Andrews. “OIL, SHMOIL,” Grist, November 2, 2016. Archived January 23, 2019. Archive.fo URL: https://archive.fo/HAxfW

  12. Bruce Wilson. “The troubling evolution of corporate greenwashing,” The Guardian, August 20, 2016. Archived January 23, 2019. Archive.fo URL:https://archive.fo/VUPOo

  13. “Oil & Gas Climate Initiative Joint Collaborative Declaration” (PDF), OGCI, October 16, 2015. Archived .pdf on file at DeSmog.

  14. Search for “OGCI” at Companies House. Performed January 23, 2019.

  15. OGCI CLIMATE INVESTMENTS LLP,” Companies House. Accessed January 23, 2019.

Other Resources

Photo via OGCICEOs pictured include Helge Lund, BG Group; Bob Dudley, BP; Claudio Descalzi, Eni; Emilio Lozoya, Pemex; Josu Jon Imaz, Repsol; Amin Nasser, Saudi Aramco; Eldar Sætre, Statoil; and Patrick Pouyanné, Total. (OGCI member CEOs not pictured: Mukesh Ambani, Reliance Industries; Ben van Beurden, Royal Dutch Shell).