COP28: Huge rise in oil drilling expected from hosts UAE
The UAE's state oil company is set to be the world's second biggest producer, analysis shows.
Source: yahoo.com
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Climate summit host UAE to 'aggressively increase' oil production, charity says
The UAE’s state oil firm is to ramp up production over the next decade, according to new analysis that comes as the petrostate hosts the Cop28 global climate summit.
Source: yahoo.com
50 oil and gas companies pledge to cut operational emissions - World
DUBAI: Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their...
Source: brecorder.com
COP28 puts spotlight on state oil giants
Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry."In some of the petro-states oil is hugely powerful politically and so the oil industry doesn't want electric vehicles on the road and they don't want renewable energy competing against their gas," said David Manley, lead economic analyst at NRGI. - 'Quite opaque' - NOCs are also less sensitive to social pre
Source: yahoo.com
How Gulf firm baited Kenya into extending G-to-G fuel deal
One of the three Gulf oil majors at the centre of the G-to-G fuel import deal has revealed how it pushed Kenya to extend the arrangement by one year.
Source: nation.africa