Oil and gas now has green licence
The hydrocarbons industry must start to deliver in 2024 on the quiet approvals granted at last year’s COP, which was also dubbed ‘Conference of the Petrostates’
The COP charade finally ended in 2023. After decades of talks on energy and emissions without the folks responsible for both being in the room, last November’s COP28 showed what happens when proper discussions are had with the people that matter. Sultan Ahmed al-Jaber, COP president and CEO of Emirati oil firm Adnoc, managed to get over the line both a strongly worded statement for the fossil fuel industry to transition and avoid the absurdly unrealistic ‘phasing down or out’ language so many were keen to employ. Some have suggested this still marks the beginning of the end of fossil fuels, but in reality it marks the beginning of the end for emissions. The view coming out of COP28 was
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
