Investors warn complacent gas industry
Firms need to step up climate change efforts in new ESG environment
Gas companies must take concrete steps to prove what they are practically doing to meet climate change goals, or they risk alienating investors’ trust in the industry and therefore access to funds. “You must demonstrate that you are resilient to the changes that lie ahead, and that you have a clear unambiguous positive role to play in driving the energy transition forward” Nick Stansbury, fund manager at financial services form Legal & General Investment Manager (LGIM) told the European Annual Gas Conference (EAGC) in Paris. So far, the industry has shown “a great deal of complacency” around the issue of climate change and decarbonisation, he says. The energy sector is experiencing a
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
