OIL Signs Oil and Gas Decarbonization Charter to Promote Sustainable Energy Practices

Oil India Limited (OIL) committed to sustainable energy by joining the Oil and Gas Decarbonisation Charter (OGDC). The decision highlights OIL’s focus on reducing carbon emissions, eliminating gas flaring, and advancing toward a cleaner and greener future.

As a signatory to the OGDC, OIL is progressing on its decarbonisation journey with the goal of achieving net zero emissions by 2040. The OGDC, introduced at COP28 in 2023, represents a significant collective effort within the oil and gas sector to reduce greenhouse gas emissions.

By signing the charter, OIL strengthened its dedication to environmental responsibility, enhanced operational efficiency and investing in research and development. As reported by theprint.in, the company joins over fifty leading oil and gas firms worldwide in this global initiative, aligning itself with international sustainability standards.