Decarbonization initiative includes oil and gas majors

Signees represent more than 40% of global oil production

Fifty companies, representing more than 40% of global oil production, have signed on to the Oil and Gas Decarbonization Charter (OGDC), a global industry group dedicated to speeding up climate action across the oil and gas sectors.

The decarbonization initiative was announced at COP28 in Dubai. Signatories have committed…

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