Oil majors offer $20M for methane tackling tech in climate fix move

OGCI Climate Investments, an investment vehicle formed by several oil majors  through their joint Oil and Gas Climate Initiative, has this week announced a $20 million grant aiming to fund technologies that will help reduce methane emissions, helping slow down the global warming.

The announcement of the $20 million commitment was made on Wednesday by Pratima Rangarajan, CEO of OGCI Climate Investments, during the IHS CERAWeek energy event in Houston.

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