Why the next climate summit is stirring controversy. Every year, the world convenes for the United Nations climate talks. There, members of the Conference of the Parties (COP) decide on the dates and venue of their next session. The host nation then names someone to chair the talks. The government of the host country holds...
The biggest oil producer in the United Arab Emirates is buying a stake in a natural gas field in Azerbaijan, marking the company’s first major international purchase of upstream hydrocarbon assets. Abu Dhabi National Oil Co. agreed to buy a 30% equity stake in the Absheron gas field in the Caspian Sea, the government-owned firm...
UAE-based Adnoc Drilling has won five 10-year contracts worth $2bn from state-owned Abu Dhabi National Oil Company (ADNOC). The largest national drilling company in the Middle East by rig fleet size will support ADNOC Offshore’s growing drilling operations with five high-specification, premium jackups along with all required manpower and equipment. The rigs will start activity...
Abu Dhabi National Oil Company voiced concern about ‘potential criticism’ in green rebranding brief to ad agencies A Middle Eastern oil company led by the man chairing this year’s UN climate summit considered dropping “oil” from its name in green rebranding attempt. Leaked documents reveal that executives at the Abu Dhabi National Oil Company made...
Exclusive: UN conference president Sultan Al Jaber is also head of oil firm, which was consulted on how to respond to a media inquiry The United Arab Emirates’ state oil company has been able to read emails to and from the Cop28 climate summit office and was consulted on how to respond to a media inquiry,...
The UAE has appointed 31 people to the advisory board for the upcoming COP28 climate summit. The group represents a mix of former executives of oil companies, climate campaigners, energy experts, and corporate leaders such as BlackRock’s CEO Larry Fink and Siemens’s supervisory board chairman Joe Kaeser. Two Indians sit on the board, embodying the polar...
Climate Home spoke with migrant workers in the UAE, who face harsh conditions and a lack of transparency when risk turns deadly. After four years working in construction in Abu Dhabi, United Arab Emirates, Mohammed Amer, a 23-year-old migrant labourer from Pakistan decided to move to the oil and gas sector in search of better...