TotalEnergies commits $100mn with Climate Investment to support OGDC

TotalEnergies injects $100mn into Climate Investment’s Venture Strategy fund to accelerate the adoption of emissions reduction technologies within the oil industry under the OGDC framework.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

TotalEnergies has announced a $100mn financial commitment to Climate Investment (CI) through its Venture Strategy fund. This funding aims to reinforce the deployment of technological solutions to reduce greenhouse gas emissions across the oil and gas industry. The announcement was made during the United Nations Climate Conference (COP30) in Brazil, where CI was also confirmed as a partner of the Oil & Gas Decarbonization Charter (OGDC).

A structuring partnership for OGDC signatories

The partnership between CI and OGDC is based on a Memorandum of Understanding (MoU) signed on July 14, 2025. Under this agreement, CI will provide signatories of the Charter with practical tools, field feedback, and technical guides to accelerate the implementation of proven technologies, notably in methane emissions detection, carbon capture, and energy efficiency. CI has already invested several hundred million dollars across 46 projects, with a cumulative reduction impact of 133 million tonnes of CO₂ equivalent (MtCO2e) since 2019.

TotalEnergies, a signatory of the OGDC since COP28, is engaged in a collective initiative alongside major sector players such as Saudi Aramco and ADNOC. As part of this effort, the company is also sharing its AUSEA technology to enhance methane emissions monitoring on installations operated by national oil companies.

Technologies under deployment

Projects financed by CI include the integration of Qnergy’s air-driven pneumatic systems, which replace traditional gas-powered devices. Nearly 400 sites in the Barnett field have already been converted, directly contributing to emissions reductions. These operational results align with OGDC’s objectives, which prioritise the swift adoption of accessible technical solutions.

TotalEnergies’ financial commitment reflects a strategy of pooling efforts on a global scale. The goal is to facilitate access to validated technologies by lowering implementation barriers, particularly for mid-sized operators or those in emerging markets.

Leverage effect targeted across the sector

CI’s Venture Strategy fund aims to act as a catalyst for large-scale adoption of decarbonisation technologies in heavy industries. The involvement of a major player such as TotalEnergies is expected to strengthen the initiative’s credibility and scope by contributing financial resources and industrial expertise. This model may accelerate the transformation of a sector still largely dependent on hydrocarbons.

Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.
US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.
Solar Energy Corporation of India signed a strategic agreement with Global Energy Alliance to strengthen grid resilience and support the expansion of storage and smart management technologies.
Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.
The Norwegian energy group rejects the sanction imposed for illegal gas discharges at Mongstad, citing disagreement over maintenance obligations and the alleged financial benefit.
Alpine Power Systems announces the acquisition of Chicago Industrial Battery to expand its regional presence and support the growth of its PowerMAX line of used and rental batteries and chargers.
HASI and KKR strengthen their strategic partnership with an additional $1bn allocation to CarbonCount Holdings 1, bringing the vehicle’s total investment capacity to nearly $5bn.
EDF is considering selling some of its subsidiaries, including Edison and its renewables activities in the United States, to strengthen its financial capacity as a €5bn ($5.43bn) savings plan is underway.
French group Qair secures a structured €240 million loan to consolidate debt and strengthen liquidity, with participation from ten leading financial institutions.
Xcel Energy initiates three public tender offers totalling $345mn on mortgage bonds issued by Northern States Power Company to optimise its long-term debt structure.
EDF power solutions' Umoyilanga energy project has entered provisional operation with the Dassiesridge wind plant, marking a key milestone in delivering dispatchable electricity to South Africa’s national grid.
Indian group JSW Energy launches a combined promoter injection and institutional raise totalling $1.19bn, while appointing a new Chief Financial Officer to support its expansion plan through 2030.
Singapore’s Sembcorp Industries has entered the Australian energy market with the acquisition of Alinta Energy in a deal valued at AU$6.5bn ($4.3bn), including debt.
Potentia Energy has secured $553mn in financing to optimise its operational renewable assets and support the delivery of six new projects totalling over 600 MW of capacity across Australia.
Drax plans to convert its 1,000-acre site in Yorkshire into a data centre by 2027, repurposing former coal infrastructure and existing grid connections.
EDF has inaugurated a synchronous compensator in Guadeloupe to enhance the stability of an isolated power grid, an unprecedented initiative aiming to reduce dependence on thermal plants and the risk of prolonged outages.
NGE and the Agence Régionale Énergie Climat Occitanie form a partnership to develop a heating and cooling network designed to support economic activity in the Magna Porta zone, with locally integrated production solutions.
GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.
The American oil group now plans to invest $20 billion in low-emission technologies by 2030, down from the $30 billion initially announced one year earlier.
BHP sells a minority stake in its Western Australia Iron Ore power network to Global Infrastructure Partners for $2 billion, retaining strategic control while securing long-term funding for its mining expansion.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.