Oil and gas industry legal eagles are bracing themselves for a “significant threat” to business as pressure over climate change heats up.
Net-zero actions by shareholders, investors or activists present a “real risk”, a survey of senior legal managers in the sector has revealed.
The Oil and Gas Disputes Survey, conducted by law firm CMS, identified these and other forms of climate change activism as the biggest issue of concern, with 37% of respondents saying they represented a “significant threat”.
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