According to this nongovernmental organization's multipage "Risky Bet" report (https://resourcegovernance.org/sites/default/files/documents/risky-bet-national-oil-companies-in-the-energy-transition.pdf), national oil companies (NOCs) around the world are at risk of spending a total of $ 400 billion on expensive oil and gas projects over the next decade, which may fail due to new global environmental processes, the transition to green energy, incr...

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