Both conferences covered the same ground, but a conundrum sits at the heart of sustainability debate
On the face of it, COP26 in Glasgow and ADIPEC in Abu Dhabi were two very different forums. The first, a global summit to combat climate change with a strong undercurrent of environmentalist protest; the second, the biggest gathering in the world of the oil and gas firms deemed responsible by many for global warming. […]
The world is still going to “need large amounts of fossil fuels” for a while yet, the minister added.
Countries in the Arabian Gulf have made big bets on green energy, but India’s oil minister says questions still need to asked as to who the consumer will be. “GCC countries in the region and elsewhere have … made very bold announcements to move into green energy and they want to be part of the […]
The only way to reduce emissions is with effective measurements, according to experts.
Making good use of the cloud-based technology and solutions will be an important tool for the energy industry as the sector continues to look for more ways to decarbonise and promote sustainability, experts told Oil & Gas Middle East. Sustainability has been a hot topic in the energy industry, with firms looking to promote the […]
Businesses remain concerned about the barriers to investment, however.
The majority of businesses in the world’s richest countries are committed to a net zero target, new research from global law firm Ashurst found. In its survey, the firm found that almost 70 percent of organisations had already committed to a net zero target, with an additional 28 percent having one under development already. Net […]
The energy transition must take place at a reasonable pace, and investments are still needed in the sector, according to a ministerial panel at ADIPEC
OPEC Secretary General Mohammad Barkindo has warned that the energy sector must “take stock” and perform a “holistic post-mortem” following the COP26 climate conference. During a panel at ADIPEC in Abu Dhabi, he said that the oil and gas sector was “targeted” during COP26, and that it was “clearly stated that this industry has no […]
Goals need to be clearly defined for energy transition, Looney said.
The transition away from hydrocarbons towards more climate-friendly alternatives is a long-term approach that requires clear goals in order for success, the CEO of British oil and gas giant BP said on Monday. Governments around the world have begun to speed up policy reforms in line with climate challenge objectives. The global narrative, however, has […]
Global energy transition plans need to be "responsible and responsive," the minister added.
Egypt’s hosting of the COP27 climate conference next year, and the UAE’s hosting of COP28 in 2023, are good opportunities to work together and create initiatives which will help the world navigate through the energy transition and climate change, Egypt’s Minister of Petroleum Tarek El Molla said on Monday. Molla was speaking at ADIPEC 2021, […]
We can invest as much as we want in technology, but people will have to take action to combat climate change
We need to invest in technology, and it’s one of the most powerful tools in our arsenal as we take strategic action to combat climate change, but it is just that, a tool. If our technology transforms but our people and our mindset do not, well, we’re right back at square one. This was one […]
The energy transition will be powered not only by technology, but through cultural shifts, partnerships, and strategic investments, says Christian Cravedi, ABB SVP and hub manager for Energy Industries, India, Middle East, and Africa Region
The energy transition question is no longer about “if” the oil and gas sector should drive change, but “how” it will do so. As companies consider the energy mix of the future, they need partners to enable their transition. The efficiency question “Through the energy transition, we will have multiple sources of energy that must […]
GRI engagements underline role of transparency in driving action
With the UN Climate Change Conference – COP26 – getting underway in Glasgow next week, GRI is urging all organizations to be open about their impacts on the planet, as transparency is an essential precursor for reaching global solutions to a global problem. GRI, as provider of the common language for companies to communicate their […]
