Abstract
With a backdrop of energy transition and an accelerating need to decarbonise, the oil and gas business environment was complex and conflicted through 2021. The complexity of the energy transition was continually highlighted by academia and international agencies. While asserting gas and LNG as a fuel critical to the energy transition, they continued to warn that the transition away from fossil fuels is not occurring fast enough to arrest catastrophic climate change. International cooperation culminating at COP26 somewhat faltered in the face of the immense challenges the energy transition poses.
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