Page 6 - Adnoc News Today

Oil Imports: With the nation more than 85% dependent on imports for meeting its oil needs, India has been pursuing a three-pronged strategy of buying from the cheapest available source, diversifying sources of supply and not breaching any international obligation like the price cap in case of Russian oil.

COP28 President Sultan Al Jaber is an engineer, trained to find the best solution to a problem given the constraints. He has done that on climate change.

ADNOC acquired Dutch-Egyptian chemical giant OCI Globals majority stake in fertilizer producer Fertiglobe for $3.62 billion.

Deepens chemicals expansion with majority share in Fertiglobe

There are clear hurdles to overcome, even with seemingly costless emissions reductions that industries themselves have an interest in adopting

(Bloomberg) -- Abu Dhabi National Oil Co. is exploring a potential takeover of European chemical producer OCI NV, the latest push by the Middle Eastern energy giant to expand beyond crude, people familiar with the matter said. Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinWall Street Traders Go All-In on Great Monetary Pivot of 2024JPMorgan Is in a Fight Over Its Client’s Lost $50 Million Fortune...

Future COPs should be conducted in a spirit of democracy and accountability, otherwise they will fail, writes The Climate Reality Project's Phyllis Cuttino

The leaked documents have raised concerns among watchdogs.

COP28 may become the first-ever international climate summit to commit to eventually phasing out oil and gas.

Hypocrisy is on display at the latest COP climate change conference, with fossil fuel lobbyists dominating the guest list.