THE OIL AND GAS CLIMATE INITIATIVE (OGCI) has selected the first three low carbon projects to benefit from its billion dollar OGCI Climate Investments fund. The OGCI is an alliance of ten oil majors-BP, CNPC, Eni, Pemex, Reliance Industries, Repsol, Saudi Aramco, Shell, Statoil and Total-set up in 2014. to help tackle climate change. The three companies receiving funding cover three different industries: cement, vehicle engines and electricity production.
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