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Letter on carbon: Has the EU ETS come of age?
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Nigeria bids to unlock carbon market billions
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Powering MENA’s digital future: AI datacentres and the case for SMRs
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
India’s carbon market challenge
Launch of credit trading scheme likely to slip into 2026 as government grapples with complex market design challenges
Southeast Asia unlocks its carbon trading potential
Governments working at pace to create compliance and voluntary markets and carbon tax regimes, with Indonesia, Malaysia, Singapore among the frontrunners
ADNOC diversifies its decarb strategy
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Kickstarting VCM crediting for orphan oil wells
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Letter from Abu Dhabi: AI and the new energy guzzlers
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
Letter on carbon: Power struggle
Electricity demand is growing at its fastest rate for 17 years as the energy transition struggles to keep pace with its own renewable power needs
ADNOC CEO Sultan al-Jaber at the ADIPEC opening ceremony
Opinion
UAE Markets
Stuart Penson
Abu Dhabi
8 November 2024
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Letter from Abu Dhabi: AI and the new energy guzzlers

The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids

This year’s ADIPEC conference took place against a backdrop of acute geopolitical risk for global energy markets, from conflicts in the Middle East and Ukraine to trade tensions and a contentious US election with potentially big ramifications for the industry. But it was hard not to conclude that an even bigger disruptor was the showstopper in Abu Dhabi: AI. This technology’s influence over energy supply and demand is growing at a rate that threatens to wrongfoot swathes of the industry. “This is probably the biggest revolution that we will see in our careers on productivity and enhancement” Auchincloss, BP AI and datacentres are the new energy guzzlers. They are already driving up e

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Letter on carbon: Has the EU ETS come of age?
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Can Oxy’s integrated CO₂ approach set a new benchmark for transition-era oil companies?
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
Letter from London: Show me the carbon
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
Letter from Europe: Western retreat raises doubts over climate leadership
Opinion
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined

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