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
Insight
Europe upstream in brief
Ithaca Energy makes its first international acquisition
$1,350
Asset Report
Ovintiv British Columbia
Ovintiv is a US-based E&P with positions in several unconventional resource plays across North America. The company was formerly ...
$3,720
Asset Report
CNRL Palliser JV Alberta
The Palliser Block is located in Southeastern Alberta. The Palliser Block has been exploited for decades, with a variety of oil and gas ...
$3,720
