Oil India Joins Oil and Gas Decarbonization Charter
The OGDC, which was launched at COP28 in 2023, represents a significant advance in the industry’s collective effort to reduce greenhouse gas emissions from oil and gas operations.
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Oil India Limited (OIL), a Maharatna CPSE & India's oldest exploration and production major of crude oil & natural gas, has announced its commitment to sustainable energy practices by joining the Oil and Gas Decarbonization Charter (OGDC). This significant step underscores OIL's dedication to reducing carbon emissions & zero flaring initiatives and contributing to a greener future for the nation. Being OGDC signatory, OIL is on track of decarbonization to achieve its target of Net Zero by 2040.
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The OGDC, which was launched at COP28 in 2023, represents a significant advance in the industry’s collective effort to reduce greenhouse gas emissions from oil and gas operations. By joining this Charter, member of which are more than 50 of the world’s leading oil and gas companies, OIL aligns itself with global best practices and reinforces its commitment to environmental stewardship including the efficiency in operations, and investment in research and development.
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