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Dr Sultan bin Ahmed Al Jaber, Cop28 president-designate, opened trading on Wall Street at the New York Stock Exchange on Tuesday

Fossil fuel phase-down ‘inevitable’ says Al Jaber

Cop28 president-designate Sultan Al Jaber this week implored world leaders to cut reliance on fossil fuels to meet carbon reduction targets.  Addressing the UN Climate Ambition Summit in New York, Al Jaber – who is also group chief executive of Abu Dhabi National Oil Company – urged nations to fast track the transition to a […]

Opec's Haitham Al Ghais told Adipec that the oil industry needs $600bn of investment a year

Opec pours cold water on IEA’s ‘peak’ for oil demand

Opec, the group of oil-producing countries, has taken issue with assumptions by the International Energy Agency that demand for fossil fuels would peak before 2030, saying they present a danger to economies and billions of people.  “Such narratives only set the global energy system up to fail spectacularly. It would lead to energy chaos on […]

A recent climate panel discussion at Abu Dhabi's Anwar Gargash Diplomatic Academy on the role of women leaders. The Academy has now established the Centre for Climate Diplomacy

UAE to train climate diplomats of the future

Abu Dhabi has launched a research initiative aimed at preparing regional leaders for diplomatic discussions about climate change, as the UAE prepares to host the Cop28 summit in late November. The Centre for Climate Diplomacy at the Anwar Gargash Diplomatic Academy (AGDA), established in partnership with the national oil company Adnoc and Abu Dhabi sovereign […]

Covestro begins formal talks with Adnoc on its $12bn bid

German plastics and chemicals maker Covestro confirmed it has started takeover talks with Abu Dhabi National Oil Company (Adnoc). “Whether, in which form and, if applicable, at which conditions an agreement between the parties will be reached is open and will depend on the course of the forthcoming discussions,” Covestro said in a statement on […]

The LNG supply pact with PCI bolsters Adnoc Gas' presence in one of the world’s fastest-growing gas markets

Adnoc unit signs $550m LNG supply pact with PetroChina

Adnoc Gas has signed an agreement worth $450-$550 million (AED1.65-AED2 billion) to supply liquefied natural gas to PetroChina International Company (PCI). The agreement strengthens the growing global presence of Adnoc Gas, a subsidiary of Abu Dhabi National Oil Company (Adnoc), particularly in the East and South Asian markets, the UAE state-run Wam news agency reported. […]

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met at Abu Dhabi in July

UAE president and Indian PM to meet at G20 summit

UAE President Mohammed bin Zayed is likely to hold a bilateral meeting with India’s Prime Minister Narendra Modi during the G20 summit in New Delhi over the weekend, Indian media reported. The UAE has been invited as a guest for the G20 summit by India, the host nation. Though not a state visit by the […]

On completion in 2026, Adnoc's Habshan facility will be the second-largest carbon capture project in the Gulf

Adnoc approves project to triple its carbon capture capacity

Abu Dhabi National Oil Co (Adnoc) has approved a new carbon capture, utilisation and storage project that will triple its annual carbon capture capacity. The project at its Habshan gas processing plant will be able to permanently store 1.5 million tonnes a year (mpta) of CO2 in subterranean rock below the site. On completion in […]

Sultan Ahmed al Jaber Video length: 03:55

Who is Sultan Al Jaber?

The decision to name Sultan Ahmed Al Jaber to lead the Cop28 climate conference in Dubai has been criticised, as he is also CEO of fossil fuel producer Abu Dhabi National Oil Company (Adnoc). However, the UAE minister of industry and advanced technology also heads renewable energy business Masdar and has other sustainable credentials that […]

3D printing machine creating cogs

3D printer Immensa looks to fund global expansion

Immensa, a company focused on 3D printing and digital warehousing, is preparing to close a second funding round. Founder and CEO Fahmi Al Shawwa said the funding will be used to fuel international expansion of the company, which uses data and technology to streamline warehouse operations. The company is based in Dubai, but opened a […]