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Pancontinental says first oil discovered offshore Kenya

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Australia-based Pancontinental Oil and Gas NL says it has verified that its recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column—the first such discovered off the East African coast. The gross oil column is assessed to be 14m thick beneath a gross gas column of 29.6m m for the gas zone.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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During the 4 th COP, developed nations began to emphasize the issue of the lack of enabling environments as a barrier to technology transfer. In the next thirty years, a substantial percentage of greenhouse gas increases will come from carbon emissions by developing countries. in 2100—the equivalent of US$40 trillion a year.