
As announced by OGCI Chairman Bob Dudley on Day 1 of
#BNEFSummit with
@PerkinsDanaM, OGCI is today reporting significant progress on our aggregate upstream
#methane and
#carbon intensity targets.

We have surpassed our original upstream methane intensity target of 0.25% and will now aim to lower methane intensity to 0.20% by 2025. Progress so far represents a 22%

in absolute upstream methane emissions since 2017.

We also share progress against our recently launched carbon intensity target. Actions by our members resulted in a 7%

in collective average upstream carbon intensity since 2017 to 21.1 kg CO2e/boe in 2019. This reduced absolute upstream emissions by 21M tonnes of CO2e.