OPEC heavyweights said on Sunday oil and gas should not be stigmatised in the climate debate and that the industry had a role to play in an orderly energy transition.
Energy ministers from Saudi Arabia, the United Arab Emirates and Iraq, the three largest members of the Organization of Petroleum Exporting Countries , have gathered in the Saudi capital Riyadh for the U.N. MENA climate week.
The UAE will host the COP28 climate summit scheduled to take place in Dubai between Nov. 30 and Dec. 12. Reports so far show countries are off track to meet a U.N. target to keep the rise in global temperatures below 2 degrees Celsius above pre-industrial levels and pursue efforts to limit it to 1.5C.
The choice of Jaber to lead the summit has draw criticism from environmental campaigners because his country is an OPEC member and a major oil exporter, and he is the boss of state oil giant ADNOC.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cold Saturday night, sunny Sunday, cold Sunday night - WAKA 8Montgomery, Alabama
Read more »
The Battle Over “Peak Oil” — IEA Vs OPECWhen the IEA said recently that the world needs to slash the use of fossil fuels, the folks at OPEC went ballistic.
Read more »
Texas oil jobs jump as OPEC cuts, record oil demand boosted pricesOil and gas extraction and services jobs in Texas jumped by 1,293 positions in August to more than 208,000.
Read more »
Oil Fundamental Forecast: Can Q4 Sustain Oil Gains?Q4 crude oil outlook focused on OPEC+, monetary policy and global economic growth conditions.
Read more »
UN Security Council to meet Sunday over Hamas-Israel conflictUN Secretary-General Antonio Guterres says only a two-state solution can bring lasting peace.
Read more »