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Oil Deals

All articles tagged with #oil deals

COP28 President Faces Controversy Over Oil Deals and Fossil Fuel Promotion
climate-change2 years ago

COP28 President Faces Controversy Over Oil Deals and Fossil Fuel Promotion

Sultan Al Jaber, the president of the UN Cop28 climate summit, has denied allegations that he abused his position to sign oil deals with other governments. The Centre for Climate Reporting and the BBC released documents suggesting that meetings held by the Cop28 presidency included discussions about potential oil and gas sales by Adnoc, the UAE's national oil company, which Al Jaber also heads. Campaigners argue that his dual roles are in conflict. Over 160 heads of state and government are expected to attend the summit, aiming to put the world on track to limit global temperature rises to 1.5C above preindustrial levels. However, concerns remain over the lack of progress in emissions cuts, loss and damage funding, and phasing out fossil fuels.

UAE's Climate Summit Agenda: Pushing for Oil Deals and Lobbying for Fossil Fuels
environment2 years ago

UAE's Climate Summit Agenda: Pushing for Oil Deals and Lobbying for Fossil Fuels

Leaked documents reveal that the United Arab Emirates (UAE), the host of the COP28 climate talks, had planned to use the summit as an opportunity to strike new oil and gas deals with foreign governments. The documents, published by the Centre for Climate Reporting, contain briefing notes for Sultan Al Jaber, who will preside over the UN climate negotiations, outlining talking points for meetings with foreign officials. The notes suggest offering new oil and gas projects with the state-owned Abu Dhabi National Oil Company (ADNOC), which Al Jaber leads. The UAE has faced criticism for appointing its top oil and gas chief to preside over COP28, while ADNOC plans to expand its oil and gas production.