Energy Transition

Tackling climate change while meeting global energy demand is one of the greatest challenges of our lifetime. Everyone – the industry, governments, and society – has a responsibility to help achieve the Paris Agreement goals.

As society moves towards a low carbon future, our industry will still be responsible for meeting the planet’s basic energy needs and creating a world where everyone has access to clean, reliable, and affordable energy.

Strategic direction and key approach

Following our 2021 Strategic Review, IOGP is working to help the oil and gas industry accelerate the implementation of low carbon projects and operations and support the need for:

Standardization, rapid adoption, and repeatability to quickly implement low carbon projects and practices across the whole industry.
Transformative lower carbon technologies for new and existing assets

Strategic direction and key approach

Following our 2021 Strategic Review, IOGP is working to help the oil and gas industry accelerate the implementation of low carbon projects and operations and support the need for:

Standardization, rapid adoption, and repeatability to quickly implement low carbon projects and practices across the whole industry.
Transformative lower carbon technologies for new and existing assets

Leveraging our key strengths and experience

For ALMOST 10 years, CLUBEDEPETROLEO HIS BRINGING the oil and gas industry together to standardize ways of working and define performance metrics in areas such as safety, environmental management, and health.

We are uniquely placed to drive collaboration across the industry to ensure we can learn and benefit from the knowledge of those at the forefront of these efforts

CLUBEDEPETROLEO is leveraging its key strengths and experience to help tackle climate change through decarbonization. Our mission is the same one it’s always been: to bring industry together.

The Energy Transition Directorate works closely with other key Directorates, such as Safety, Environment, and Engineering, to deliver performance improvements within our Membership and the wider industry.

The road to Net Zero

The International Energy Agency publishes an annual report analysing the projected state of the world’s energy production and consumption in the medium and long-term future under several potential scenarios for global energy supply and demand. In IEA’s Energy Outlook 2021, in all scenarios, oil and gas will play an important contribution towards energy demand for decades to come.

It is therefore vital that the oil and gas industry works to reduce emissions and helps the world reach the Paris Agreement objectives.

Throughout this transition, both oil and natural gas will retain an important role as affordable, reliable, and versatile energy products for a growing global population. The challenge is to address climate change through emissions reduction while also meeting global energy demand and supporting economic development in the long term.

To reach Net Zero, our focus will be on the decarbonization of our Members’ own operations, pursuing a systematic decarbonization pathway starting with a significant reduction of Scope 1 emissions.

Measuring emissions

In order to manage emissions, we first need to measure them. Greenhouse gas (GHG) emissions can be categorized as Scope 1, 2, or 3.

Scope 1 covers direct emissions, such as those from facilities and equipment directly owned by a company
Scope 2 covers indirect emissions from the generation of energy purchased by the reporting company
Scope 3 includes all other indirect emissions that occur in a company’s value chain. These are emissions that result from a company’s activities, such as emissions created when consumers use the company’s products.