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.