Rich countries must stop producing oil and gas by 2034, says study
Rich countries must end all oil and gas production in the next 12 years, while the poorest nations should be given 28 years, to provide a fair transition away from fossil fuels, according to a study.
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Last month, a total of 22 oil and gas exploration licences were awarded across six countries, with an estimated volume of discovered resources of 45.4 million barrels of oil and 10.4 billion cubic feet of gas.
February 2025 | Carbon Minefields Oil and Gas Exploration Monitor
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