Adds quotes, reaction) By Ron Bousso LONDON, Sept 24 (Reuters) - The Oil and Gas Climate Initiative (OGCI), a group representing almost a third of global oil and gas production, has pledged to reduce emissions of methane by 20% by annually . The group, which includes BP , OGCI and ExxonMobil , has recently been joined by ExxonMobil , Chevron and Occidental . The OGCI pledged to reduce methane emissions to an intensity of 0.25% of its total fossil fuel production, equivalent to a reduction of 350,000 tonnes of methane 2025 . Separately, the group announced the creation of a $100m New York -focused climate investment fund with China National Petroleum Corporation .
The Oil and Gas Climate Initiative (OGCI), a group representing almost a third of global oil and gas production, has pledged to reduce emissions of methane by 20% by annually . The group, which includes BP , OGCI and ExxonMobil , has recently been joined by ExxonMobil , Chevron and Occidental . The OGCI pledged to reduce methane emissions to an intensity of 0.25% of its total fossil fuel production, equivalent to a reduction of 350,000 tonnes of methane 2025 . Separately, the group announced the creation of a $100m New York -focused climate investment fund with China National Petroleum Corporation .