Countries driven by high emissions exports are being hit by international regulations on emissions such as the Carbon Border Adjustment Mechanism (CBAM) in the EU, development of the carbon price, and market competitiveness. Abruptly shutting down national industries to lower emissions would lead to the breakdown of the economy and a colossal loss of jobs. […]
net zero
Posted inNews
Dubai’s 2050 emissions-free plan to save $817 million
Dubai public transport will be entirely emissions-free by 2050, according to the city Roads and Transport Authority (RTA). The RTA said its new plan will result in reducing CO2 emissions by 10 million tonnes while also saving $817 million in comparison to current operations. The plan includes electric taxis, net zero buildings and sustainable waste management […]
Posted inNews
A carbon-neutral future for oil and gas is now achievable
Hydrocarbon producers face mounting pressure to become climate resilient, reduce carbon emissions, and focus on revenue streams from renewables. To alleviate this pressure, power generation organisations need to embrace renewable alternatives, and while some companies have become early adopters, many operators are looking at substantial changes to their business models to accommodate the transition. Oil […]
Posted inNews
ADNOC begins work on landmark carbon injection project
Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of CO2
Posted inNews
COP 27: Kuwait pledges carbon neutrality in oil and gas by 2050
Foreign Minister Salem al-Sabah said carbon-neutrality is “a solid serious pledge” for the OPEC producer
Posted inEnergy Transition
APICORP to set up $75 million Islamic facility for carbon offsets
Debut Islamic transaction will fund high-quality carbon offsets to support the global energy transition
Posted inADIPEC
Baker Hughes VP of EMEA on energy trilemma, path to net zero
Zaher Ibrahim, Baker Hughes’ vice-president of EMEA, talked about the role of technology in solving the energy trilemma, which is a key area of focus for energy leaders. Ibrahim also discussed how technology and collaboration can accelerate the path to net zero.
Posted inADIPEC
ADIPEC: Petrofac group CEO on attracting new talent as it moves towards clean energy
Sami Iskander, group chief executive of Petrofac, believes the argument for net zero has not weakened despite calls to increase energy supply. He also said that the company is working to attract new talent as it moves toward clean energy.
Posted inExploration & Production
PTTEP CEO discusses striking the balance
PTTEP CEO Montri Rawanchaikul discusses the gaps between securing energy supply and reaching net zero goals, and explains how gas could be the key to mastering this balancing act
Posted inADIPEC, Events, News
Attending ADIPEC 2022? Here’s what to expect
This year, ADIPEC is taking place from 31 October to 3 November in Abu Dhabi, just a week before UN COP27 Climate Conference in Egypt. Hosted by Abu Dhabi National Oil Co (ADNOC), ADIPEC 2022 will focus on helping the enegy industry tackle the dual challenge of responding to the growing energy needs of today […]
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