The addition of three US companies expands the OGCI's representation to around 30% of global oil and gas production.
The three new companies become official members on September 24, 2018 expanding the global reach and impact of OGCI.
With these additions, OGCI members now represent around 30% of global oil and gas production and supply close to 20% of global primary energy consumption. The 13 member companies represent regions including China, the Middle East, Latin America, Europe and now the United States, widening OGCI’s global reach and making its members’ collaborative effort in support of the Paris Agreement, a significant global action.
The new OGCI members are aligned with the OGCI
collective goals, including recognition and support of the Paris Agreement and collective reporting; they will also reinforce the capacity of OGCI’s work programs. In addition, each will commit $100 million dollars to the OGCI Climate Investments fund.