POLICYMAKERS must do more to curtail demand for oil and gas if they want to bring down spiralling energy costs for consumers while also tackling the energy transition, according to UK-supermajor Shell. The London-based company and other oil and gas producers are facing a furious backlash, particularly in the UK, after they posted huge profits despite millions of householders struggling to cope with surging energy bills. The bonanza follows a recovery in demand after the end of pandemic lockdowns and soaring energy prices, driven by Russia's invasion of Ukraine.
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