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The energy transition efforts of 12 of the globe’ s biggest oil and gas companies have been set out in the Oil and Gas Climate Initiative’ s 2025 Progress Report. The 12 companies are the members of OGCI and work individually and collectively to accelerate action to achieve net zero emissions by 2050.
The 2025 report shows how they are doing, including on low-carbon investment, methane emissions reduction and carbon capture and storage projects.
Building bridges between state- and privately-owned In a foreword to the report, Petrobras CEO Magda Chambriard says OGCI is making a difference and adds:“ we are a diverse group of companies that have already demonstrated what’ s possible when we work together toward shared ambitions”.
She explains the dynamics of the organisation“ As CEOs, we meet regularly, we engage directly with each other and we invest our time and resources to help reduce emissions and accelerate the solutions needed for the energy transition.
“ OGCI’ s ability to build bridges between state-owned and private companies, across Europe, the US, China, the Middle East and South America is a core strength.
“ Our global reach allows us to connect ideas with action at scale.”
122 March 2026