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Azerbaijan and the Organization of Petroleum Exporting Countries (OPEC) are set to engage in a high-level dialogue today in Vienna as part of preparations for COP29 in Baku, Azernews reports, citing the OPEC secretariat.
Jim Skea, the head of the U.N.'s Intergovernmental Panel on Climate Change, warned on Tuesday that scaling up carbon capture still faces significant challenges.
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The global oil market will require $14 trillion in investments over the next 20 years if oil-producing nations hope to be able to fulfill global energy demands through 2045 according to OPEC Sec-Gen al-Ghais