Global Energy Monitor (GEM) has completed the first comprehensive project-level survey of proposed natural gas infrastructure across the European Union (EU)1, including gas-fired power plants, liquefied natural gas (LNG) import terminals, and gas pipelines.
Oil and gas finds in Kenya present a unique opportunity that can cement the path towards sustainable development. Enhanced SME engagement in the sector is a critical lever for sustainable development. Together with micro enterprises, SMEs are estimated to contribute about 33.8% to Kenya’s GDP and employ close to 14.9 million Kenyans.
To deflate the carbon bubble and protect investors, oil & gas companies must shrink. The world’s listed oil and gas majors must cut combined production by more than a third by 2040 to keep emissions within international climate targets and protect shareholder value.