Insight
Is the oil and gas decarbonisation charter a big deal?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Oil and Gas Decarbonisation Charter (OGDC) – a commitment to net-zero oil and gas operations by 2050, elimination of routine flaring and near-zero methane emissions – was launched at COP 28. It is a voluntary charter and the 50 OGDC signatories comprise NOCs, Majors and Independents producing 40% of the world’s oil. This sounds like a lot, and any emissions reduction agreement is positive. But the OGDC accounts for only 30% of the upstream sector’s Scope 1 and 2 emissions so how effective will it be?
Table of contents
- Executive Summary
Tables and charts
This report includes the following images and tables:
- 2023 upstream Scope 1 and 2 emissions intensity
What's included
This report contains:
Other reports you may be interested in
Asset Report
Hejre
Hejre is a High Pressure/High Temperature (HP/HT) oil and gas field, located in the west of the Danish Central Graben. The field was ...
$5,280
Wallmap
Nigeria Oil and Gas wallmap
Wood Mackenzie has produced a detailed oil and gas wallmap for Nigeria
$550
Wallmap
Middle East Oil and Gas Wallmap
Wood Mackenzie has produced a detailed wallmap of the Middle East showing the latest information about the region’s oil and gas industry.
$550
