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The Latest Breaking News from ADNOC

Cop28 host UAE has world’s biggest climate-busting oil plans, data indicates

State oil company’s huge expansion plans make its CEO’s role as president of UN climate summit ‘ridiculous’, say researchers

The Guardian - UK

Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds

Oil and gas companies have a large presence at international climate talks aimed at getting the world to sharply reduce emissions, which lead to climate change

The Independent UK

Backlash to the oil CEO leading the UN climate summit overlooks his ambitious agenda for COP28 – and concerns of the Global South

In December 2023, negotiators from countries worldwide will meet in the United Arab Emirates for the next round of international climate talks. While the talks are considered essential to securing global agreements needed to avoid dangerous climate change, confidence in the summit, known as COP28, is at a low. One…

The Conversation

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‘I wasn’t the obvious choice’: meet the oil man tasked with saving the planet

When Cop28 starts next month, Sultan Al Jaber will be front and centre. He is the United Arab Emirates’ choice to head up the climate talks – and he also happens to be head of the national oil company. What’s the problem with that, he asks

The Guardian - UK

UAE oil company executives working with Cop28 team, leak reveals

Exclusive: two PR professionals from national oil firm listed as providing ‘support’ to team running UN climate summit

The Guardian - UK

UN climate summit host UAE failed to report methane emissions to UN

Exclusive: State oil firm, whose chief will preside over Cop28, also accused of ‘incoherent’ reduction targets

The Guardian - UK

Leak reveals ‘touchy’ issues for UAE’s presidency of UN climate summit

Exclusive: Long list of ‘sensitive’ topics for petrostate include oil and gas production, emissions and Yemen war crimes

The Guardian - UK

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UAE state oil firm moves up net zero climate target to 2045

A state-run oil giant in the United Arab Emirates says it has moved up its target for achieving net zero emissions in its operations to 2045

The Independent UK

Hoping for an effective COP28? Bonn chance!

Bonn climate meeting planning for Dubai COP in December starts with clashing agendas, including EU and US politicians saying having an oil company chief executive as president of the negotiations would “severely jeopardise" them

Newsroom.co.nz

Army of fake social media accounts defend UAE presidency of climate summit

Sultan Al Jaber – Cop28 president and CEO of state oil firm – is ‘ally the climate movement needs’, posts say

The Guardian - UK

Countries have not yet agreed to put fossil fuel phase-out on Cop28 agenda

Director-general of climate talks, Majid Al Suwaidi, says governments have not reached agreement to discuss key issue

The Guardian - UK

‘Absolute scandal’: UAE state oil firm able to read Cop28 climate summit emails

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 Guardian - UK

Climate crisis: rich nations undermining work to help poor countries, research suggests

Oxfam report says only $11.5bn (£9.2bn) of climate finance in 2020 devoted to helping vulnerable states

The Guardian - UK

‘The window is closing’: Cop28 must deliver change of course on climate

With six months until UN summit in Dubai, can its oil executive president bring unwilling countries into line?

The Guardian - UK

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The Guardian - UK

Cop28 president’s team accused of Wikipedia ‘greenwashing’

Exclusive: UAE using site to ‘control narrative’ amid criticism of oil boss leading climate summit, say critics

The Guardian - UK

‘Mind-boggling’ methane emissions from Turkmenistan revealed

Leaks of potent greenhouse gas could be easily fixed, say experts, and would rapidly reduce global heating

The Guardian - UK

Next UN climate summit to consider health issues in depth for first time

Cop28 president Sultan Al Jaber says summit in Dubai in November will dedicate a day to health

Asharq Al-Awsat

UAE Signs New Contracts to Develop Energy Sector

The United Arab Emirates awarded ADNOC Drilling a five-year contract to provide integrated drilling services for the development of the Upper Zakum oil field in Abu Dhabi. The new contracts in the oil and gas sector are part of the Emirati authorities' efforts to increase the production capacity of energy…

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The Guardian - UK

Cop28 president: world needs business mindset to tackle climate crisis

Exclusive: Sultan Al Jaber aims to use UN talks to set out how private sector can limit greenhouse gas emissions

The Guardian - UK

Revealed: UAE plans huge oil and gas expansion as it hosts UN climate summit

Exclusive: UAE’s fossil fuel boss will be the president of Cop28, making a mockery of the summit, say campaigners

Asharq Al-Awsat

ADNOC Announces Plans to Float 4% Stake in Gas Unit on ADX

ADNOC has announced plan to float a 4% minority stake in ADNOC Gas on the Abu Dhabi Securities Exchange (ADX). The offering is expected to open on 23rd February, subject to regulatory approvals and other relevant considerations. ADNOC Gas (the Company), formed in January 2023 through the consolidation of ADNOC’s…

The Independent UK

Abu Dhabi state gas company to sell 4% of shares in IPO

The Abu Dhabi National Oil Company’s gas processing firm plans to sell 4% of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East

The Guardian - UK

UAE ‘running towards’ renewable future, says oil boss Cop28 president

Climate groups have accused head of national oil company, Sultan Al Jaber, of conflict of interest

The Guardian - UK

UAE oil company employees given roles in office hosting Cop28

Exclusive: at least 12 officials at body hosting Cop28 appear to have come straight from fossil fuel industry

Asharq Al-Awsat

ADNOC Signs Deals Worth $4.6 Billion

The Abu Dhabi National Oil Company (ADNOC) has signed agreements with at least 23 leading domestic and international companies for manufacturing opportunities across multiple industrial products valued at 17 billion dirhams ($4.63 billion). “The agreements outline the intention of the companies to manufacture these products in the UAE, supporting the…

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