Adnoc’s global energy leadership
Oil and gas companies look to defy cynics and play pivotal role in decarbonisation as the UAE hosts COP28
The UN climate talks under way in the UAE are focusing on the role of oil and gas companies as never before—not least because COP28 president Sultan Ahmed al-Jaber is also CEO of national oil and gas company Adnoc. From the viewpoint of the government of the UAE—one of the world’s largest producers of oil and gas—“Dr Sultan”, as his aides reportedly call him, is not that surprising a choice. He is minister of industry and advanced technology, chairman of the nation’s renewable energy company, Masdar, and has been the UAE’s special envoy for climate change since 2020. But his role as Adnoc chief has left climate campaigners aghast at what they see as a monumental conflict of interest. One of
Also in this section
24 October 2024
Producers in the region see significant gains to be made by boosting output using the infrastructure already in place
23 October 2024
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
23 October 2024
Majors in the region are pushing boundaries and could see significant upside, but longer-term risks remain
22 October 2024
Angola is unlikely to meet the official timeline for an IPO of state-owned oil giant Sonangol in 2026