By: ICN Bureau
Last updated : November 16, 2025 7:24 pm
The move strengthens TotalEnergies’ role in the Oil & Gas Decarbonization Charter
France-based global energy company TotalEnergies has pledged a $100 million investment in Climate Investment’s Venture Strategy fund, aiming to accelerate emission-cutting technologies across the oil and gas sector. The announcement came during the United Nations Climate Change Conference (COP30) in Belém, Brazil.
The move strengthens TotalEnergies’ role in the Oil & Gas Decarbonization Charter (OGDC), where the company has been a member since COP28. Patrick Pouyanné, Chairman and CEO of TotalEnergies, emphasized the need for industry-wide collaboration: “Innovation in decarbonization must be a shared journey. We move faster together.”
Climate Investment, launched by the Oil and Gas Climate Initiative (OGCI) in 2015, has already invested hundreds of millions across 46 early- and growth-stage projects targeting methane detection, carbon capture, and energy efficiency. Since 2019, its portfolio has delivered a cumulative greenhouse gas reduction of 133 million tonnes of CO₂ equivalent.
Under a memorandum of understanding signed on July 14, 2025, Climate Investment becomes a partner of the OGDC, providing its members with insights to accelerate their decarbonization efforts. Technologies supported by the fund are already proving impactful in the field. For instance, Qnergy’s instrument-air pneumatics have replaced gas-driven devices on roughly 400 sites in Texas’ Barnett field.
TotalEnergies is also sharing its proprietary AUSEA technology with national oil companies to strengthen methane detection and measurement, complementing its OGMP 2.0 Gold Standard status and ongoing rollout of continuous detection on operated upstream assets.
Pratima Rangarajan, CEO of Climate Investment, highlighted the broader mission: “We invest in decarbonization technologies that underpin the next generation of global infrastructure. Through our venture strategy, we scale solutions for heavy industry, creating operational value and measurable greenhouse gas reductions.”
By backing Climate Investment, TotalEnergies aims to scale proven solutions across the OGDC community, enabling other operators to adopt them quickly and collectively advance the energy transition. Pouyanné called on other international and national oil companies to join the initiative, reinforcing a unified approach to lowering emissions in oil and gas operations.