A New Tool to Move Finance Out of Fossil Fuels
What?
- A Company-level database with detailed information on companies operating in the upstream and/or midstream subsectors of the oil & gas industry
- GOGEL 2022: 901 companies responsible for 95% of oil & gas production
- Data on companies' expansion plans and IEA NZE overshoot
- Comprehensive figures on unconventional production and expansion
- LNG and pipeline expansion data
- Information on involvement in reputational risk projects
Why?
- Investors, insurers and banks need to adopt sound, data-based fossil fuel policies
- Oil and gas companies are on a massive expansion course
- 96% of upstream companies on GOGEL have expansion plans
- 51.6% of oil and gas companies’ short-term expansion plans are incompatible with the IEA net zero emissions scenario
- 289 companies are locking the world into a fossil future by developing new midstream infrastructure
- 215 companies are involved in reputational risk projects
“This is the database we have all been waiting for. It is public, it is meticulously researched and it is an essential tool to help us end the age of fossil fuels.”
Tom Kruse, Rockefeller Brothers Fund
NEWS:
GOGEL featured in The Guardian's article on the COP 28 president:
"Adnoc is the world’s 11th biggest oil and gas producer and delivered more than a billion barrels of oil equivalent (BBOE) in 2021. However, the company has big short-term expansion plans, the new analysis shows, with plans to add 7.6 BBOE to its production portfolio in the coming years – the fifth largest increase in the world."
Download the Data
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For Investors
We provide a special version of GOGEL with common financial identifiers (ISIN, Bloomberg Ticker, etc.) on request. We also offer financial institutions in-depth webinars on the list and are happy to answer questions or provide policy advice.
New in GOGEL 2022: IEA NZE Expansion Overshoot
