Oil and gas giants report they have cut carbon intensity by nearly a quarter since 2017

Stuart Stone
clock • 4 min read
An offshore oil rig | Credit: iStock
Image:

An offshore oil rig | Credit: iStock

Oil and Gas Climate Initiative claims leading firms have cut direct emissions and are stepping up efforts to curb methane impacts

The 12 fossil fuel giants that make up the Oil and Gas Climate Initiative (OGCI) have slashed the carbon intensity of their operations by nearly a quarter since the group launched in 2017. That is...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Report: Ditching gas for clean energy could save UK manufacturers £2.1bn by 2035

Report: Ditching gas for clean energy could save UK manufacturers £2.1bn by 2035

Widespread adoption of 'proven' measures such as onsite renewables, smart energy management and waste heat recovery could unlock billions in savings over next decade

Michael Holder
clock 11 August 2026 • 4 min read
Nature Infrastructure Capital snaps up stake in UK solar and battery developer Anesco

Nature Infrastructure Capital snaps up stake in UK solar and battery developer Anesco

NIC confirms investment alongside existing investors Ara Partners and Anesco management team in bid to deliver 7GW renewables pipeline

Stuart Stone
clock 10 August 2026 • 3 min read
Global Briefing: China curtails record amount of wind and solar, as coal generation rebounds

Global Briefing: China curtails record amount of wind and solar, as coal generation rebounds

China’s wind and solar curtailment rose by 49 per cent during H1, jet fuel made from tropical fruit scoops $3bn funding, and Walmart sets new emissions target

Stuart Stone
clock 07 August 2026 • 11 min read