(WO) – TotalEnergies has committed $100 million to Climate Investment’s venture strategy fund, a move aimed at accelerating the deployment of methane-reduction, carbon capture and energy-efficiency technologies across the global oil and gas sector. The announcement was made during COP30 in Belém, Brazil, where the company emphasized that the investment directly supports the Oil & Gas Decarbonization Charter (OGDC), of which TotalEnergies is a founding member.
Climate Investment—launched by the Oil & Gas Climate Initiative (OGCI) in 2015—has backed 46 companies to date, delivering a cumulative emissions impact of 133 MtCO₂e since 2019. Many of these technologies are field-proven and already operating in upstream environments, including Qnergy’s instrument-air systems, which have replaced gas-driven pneumatic devices on roughly 400 pads in the Barnett shale.
Patrick Pouyanné, TotalEnergies Chairman and CEO, said the investment will help scale practical solutions that directly reduce operational emissions. “Through this, we move as one industry—backing innovations that reduce emissions on site—and enabling other operators to adopt them quickly,” he said. He encouraged both IOCs and NOCs to join the effort through Climate Investment’s platform.
TotalEnergies also highlighted its ongoing methane-measurement work, including the sharing of its AUSEA drone-based detection technology with several national oil companies. The company maintains OGMP 2.0 Gold Standard status and is advancing continuous methane detection across its operated upstream assets.
Climate Investment CEO Dr. Pratima Rangarajan said TotalEnergies’ support will help accelerate deployment of next-generation decarbonization solutions across heavy industry. “Our mission is to invest in technologies that underpin the next generation of global infrastructure,” she said. “We welcome TotalEnergies’ continued commitment and look forward to scaling decarbonization technologies across the oil and gas sector.”
