Adnoc is a weighty player in the UAE’s climate goals
Letter from the Middle East: Adnoc’s road to net zero
The NOC must decarbonise rapidly if the UAE is to meet its emissions pledge
The UAE’s 2050 net-zero carbon pledge, announced on 7 October, ramps up the pressure and puts the spotlight on state oil giant Adnoc. Its CEO Sultan al-Jaber also happens to be chairman of clean energy vehicle Masdar and the UAE’s special envoy for climate change. A healthy competition has developed between Adnoc and its neighbourly rival Saudi Aramco on climate, as on modernisation and strategic vision generally. This mirrors a wider race between the UAE and Saudi Arabia in which Abu Dhabi often, but not always, makes the first move. Riyadh’s own net-zero commitment, a decade later than the UAE’s, was promulgated just over a fortnight after its neighbour. 39.7mn t – Adnoc’s direct CO₂
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
