#abu dhabi national oil company

[kp777]

What the fossil fuel industry doesn't want you to know

Al Gore |

TED Countdown Summit, July 2023

In a blistering talk, Nobel Laureate Al Gore looks at the two main obstacles to climate solutions and gives his view of how we might actually solve the environmental crisis in time. You won't want to miss his searing indictment of fossil fuel companies for walking back their climate commitments -- and his call for a global rethink of the roles of polluting industries in politics and finance.

[thoughtlessarse]

The UAE’s state-owned oil company used last year’s UN climate summit to try and quintuple its fossil fuel deals, according to a new investigation. COP28 in Dubai was marred by controversy from the start of 2023, when the summit’s president was announced as Sultan Al Jaber, CEO of the Abu Dhabi National Oil Company (ADNOC). On the cusp of the conference in November, leaked documents revealed plans from the country’s COP28 team to discuss oil and gas deals with more than a dozen other nations - apparently leveraging its prestige as COP host to ADNOC’s advantage. Now an investigation from NGO Global Witness shows that ADNOC sought close to $100 billion (€92 billion) worth of oil, gas and petrochemical deals in 2023 - a fivefold increase on the previous year. “Having placed a fossil fuel CEO at the helm, the UAE knew exactly what it was doing and was not let down - COP28 seems to have been moulded towards the benefit of its state oil company,” says Patrick Galey, senior investigator at Global Witness. The report comes during the Bonn Climate Change Conference in Germany this week - the midway point between COP28 and COP29 in Azerbaijan. It warns that the incoming petrostate host can’t be allowed to copy the UAE’s approach.

continue reading

Here's an idea; stop holding climate conferences in petrostates since they obviously cannot be trust to act in the interests of the planet as a whole.

[nando161mando]

The president of #Cop28, Sultan Al Jaber, has claimed there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C.

Al Jaber is also the head of the Abu Dhabi National oil company.

#ffs

[realbeijinger]

So next year's COP (UN Climate Change Conference) will be led by Mukhtar Babayev, who spent 26 years working for Azerbaijan's state oil company. Last year, it was headed by Sultan Al Jaber, chief executive of the Abu Dhabi National Oil Company.

It’s like if all the different clans got together to fight the Wen clan, but they needed a good leader- someone strong who can command allegiance. How about…. Wen Chao! Ah yes, Wen Chao. Great idea. Even though he is largely responsible for the problem we are trying to solve, even though his organization has caused most of the suffering and destruction we are trying to alleviate, even though his interests are completely opposed to everything we are trying to do, he can be unbiased, surely!

He definitely won't undermine our efforts to work against his own people!

Ughh....

Anyways, sorry for the random analogy but talking about climate change is hard, but talking about MDZS is fun! So I thought I would try to combine them to make it go down easier. Sometimes I need a little BL with my apocalypse, ya know?

Also, this is just the sort of societal hypocrisy WWX would have fought against. When it comes to climate, I think we should too.

[xrboston]

On Wednesday October 25th, activists with the Rainbow Rebellion, a queer-led group within Extinction Rebellion Boston, entered the lobbies of major banks around downtown Boston dressed in drag as gender-bending custodians and maids to "clean up" the banks' fossil fuel funding. We went into Chase Bank, Bank of America, TD Bank, and PNC Bank, and disrupted bank activities by pretending to clean up their lobbies with mops, dusters, and brooms while dancing to "I Want to Break Free" by Queen. We were protesting the banks' financing of fossil fuel infrastructure and demanded that the banks divest their funding from fossil fuels immediately. We called this protest "Drag the Banks."

Our queer activists are targeting banks because collectively the world's 60 biggest banks poured over $5.5 trillion over the past 7 years into the fossil fuel industry, driving global climate chaos and causing deadly local community impacts. In 2022 alone, Chase, Bank of America, TD Bank, and PNC bank contributed $39B, $35B, $29B, and $13B respectively to companies like Exxon, Saudi Arabian Oil, Chevron, BP, and Abu Dhabi National Oil.

One of our activists, dressed in a traditional-looking French Maid outfit, said "We're bringing some queer fun and creativity into climate action today by dressing up as cleaners to highlight the finance industry's bankrolling of climate change. Queer people have a storied history of activism and standing up for our communities for stronger political policy that's based in science, and we can do the same with climate change. We don't want climate change to be a drag, so instead we're dressing in drag to cheekily demand the banks move their funding immediately to low carbon alternatives."

The Rainbow Rebellion is a queer group of climate activists within Extinction Rebellion that focuses on the intersectionality of queer and climate justice. The climate crisis disproportionately affects queer people because as the climate crisis worsens weather-related disasters and crop failure, the higher rates of homelessness, poverty, and food insecurity of the queer population puts them at even greater risk.

Are you a queer climate activist or ally? Rainbow Rebellion wants you! Send us a message today and we'll connect you.

[leparoledelmondo]

COP28

Siamo a un momento difficile per la diplomazia climatica. La crisi energetica ha indebolito i già fragili piani di transizione di molti paesi e le tensioni geopolitiche rendono ancora più difficile un dialogo indispensabile per la firma di accordi efficaci. A ciò si aggiunge il neo-presidente di COP28, la conferenza delle Nazioni Unite sul contrasto al riscaldamento globale che si terrà a Dubai dal 30 novembre al 14 dicembre.

Si chiama Sultan Ahmed Al Jaber, è emiro degli Emirati arabi, amministratore delegato della società di stato Abu Dhabi National Oil Company (Adnoc), in testa alla classifica delle aziende i cui piani di espansione sono incompatibili con il rispetto degli obiettivi climatici. Sotto Adoc, nella classifica dell’inadeguatezza ci sono giganti come Nationa Iranian Oil Company, Exxon Mobil, China National Petroleum Corporation, Chevron.

Il presidente Al Jaber sarà d’accordo nel mantenere gran parte delle risorse fossili del pianeta sotto terra evitando di emettere altra CO2?

(Fonte: Global Oil & Gas Exit List 2023 - Urgewelde - https://gogel.org/)

[corporate-gifts-dubai]

Corporate Gift Ideas for UAE National Day

UAE National Day is a significant occasion for the whole country. This occasion provides an excellent opportunity to connect with clients, partners, and employees by presenting them with thoughtful and meaningful corporate gifts from Royal Top Trading.

Customized UAE National Day Merchandise:

Gift your employees customized UAE National Day merchandise. Consider items such as t-shirts, wristbands, caps, or keychains featuring the UAE flag, or national symbols with your brand logo.

UAE-themed Gift Hampers:

Delight your employees with UAE-themed gift hampers filled with local delicacies and cultural treats. Include items such as Arabic sweets, premium dates, or gourmet snacks. Incorporate your company’s branding with these and make them remember your company’s name.

Personalized Stationery:

Offer your employees personalized stationery items that combine functionality with a touch of UAE flair. Consider notebooks, pens, or desk accessories adorned with their initials alongside UAE-themed designs. This thoughtful gesture not only adds a personal touch but also encourages productivity and creativity in the workplace.

Wellness Gifts:

Prioritize your employees’ well-being by gifting wellness-related items. Consider options like, essential oil diffusers, aromatherapy sets, and stress-relief kits. These gifts demonstrate your commitment to their holistic well-being, encouraging a healthy work-life balance and promoting a positive atmosphere within the company.

Cultural Experiences:

Vouchers for traditional Emirati dining experiences, desert safaris, or visits to museums and cultural sites can create memorable moments of exploration and appreciation.

Tech Gadgets:

For a more modern gift, consider tech gadgets that align with your employees’ interests such as power banks, and USB flash drives (card USB, etc).

Personalized Appreciation Cards:

Accompany your corporate gifts with personalized appreciation cards.

By selecting thoughtful and personalized gifts, you can show your employees that their hard work is valued and that they are an integral part of your organization’s success. Whether it’s customized UAE-themed merchandise, wellness gifts, or cultural experiences, the right gift will leave a lasting impression

Royal Top Trading is your trusted corporate gifts supplier in Dubai. Our extensive range of premium corporate gifts allows us to help you leave a lasting impression on your clients, employees, and business associates. We serve all across the UAE including Abu Dhabi, Kuwait, Nigeria, Egypt, Qatar, Bahrain, Saudi Arabia, Oman, and South Africa.

Visit Our Website/ Catalogue to see our extensive selection of corporate gifts, and business gifts and we are confident you’ll find the perfect item for your next promotion. However, if you require assistance, our experienced team is always here to help.

Contact us today at +971 50 588 4169 to help you find the right corporate gifts/ promotional gifts for your organization that will leave a lasting impression on your clients/ employees

[allthebrazilianpolitics]

Fight for Brazil chemicals group Braskem draws in foreign bidders — and Lula government

Latin America’s largest petrochemicals producer has attracted bids from Apollo and Abu Dhabi state-run oil company

A contest is under way for control of Latin America’s largest petrochemicals producer, Braskem, with big-name bidders including US private equity giant Apollo, a Gulf petrostate and one of Brazil’s most prominent business families.

On the block is a majority stake in a $3.7bn-valued enterprise that runs factories across its homeland as well as Mexico, the US and Germany, supplying the raw materials for everything from plastics to paints.

Alongside Apollo, the sale has drawn in Abu Dhabi’s state-run oil company, the dynasty behind top beef processor JBS, fellow Brazilian chemical manufacturer Unipar Carbocloro — and even Brazil’s government.

The future of São Paulo-headquartered Braskem is considered of strategic national importance by the administration of president Luiz Inácio Lula da Silva, which could exert a major sway on the outcome. 

In the eyes of some in Brazil’s corporate world, it is set to be a litmus test for how far the leftwing leader is prepared to expand the reach of the state into the economy. 

Continue reading.

[maaarine]

UAE sparks furious backlash by appointing Abu Dhabi oil chief as president of COP28 climate summit (Sam Meredith, CNBC, Jan 12 2023)

“The United Arab Emirates announced Thursday that the head of the state oil giant Abu Dhabi National Oil Company (ADNOC), one of the world’s largest oil companies, will lead the COP28 climate talks in Dubai later this year. (…)

In comments quoted by The Guardian, Essop added that al-Jaber’s appointment was “tantamount to a full-scale capture of the UN climate talks by a petrostate national oil company and its associated fossil fuel lobbyists.”

COPs “have always been circuses. Now they are complete jokes,” Bill McGuire, professor emeritus of geophysical and climate hazards at University College London, said via Twitter.”

[zvaigzdelasas]

[eKathimerini is Greek Media]

Athens is reportedly concerned about the possibility of a further escalation of tensions in the Eastern Mediterranean by Turkey via the Tripoli-based government in Libya.

More specifically, Greece, which has yet to appoint an ambassador in Tripoli, is considering the unfavorable scenario whereby the government of Abdul Hamid Dbeibah in Tripoli will proceed with the next steps at the United Nations to adjust the outer limits of the Libyan continental shelf as defined in the illegal Turkish-Libyan memorandum that violates Greek territorial rights.

Such a move, possibly combined with the parallel launch of exploration by the Turkish Petroleum Company (TPAO), would constitute an intense escalation to the south of Crete.

Moreover, a few weeks after signing agreements for hydrocarbon exploration, Ankara and Tripoli also inked military cooperation deals. These foresee Turkey promising to train Libyan Air Force pilots.

[Atlantic Council is NATO's primary think tank]

The UAE’s interventionism in Libya goes back to 2011. The UAE viewed Libya as a central battleground for the order of post-revolutionary states after the 2011 Arab uprisings, with the aim of curtailing the role of Islamist parties, like the Muslim Brotherhood, in governance. This policy crystallized as exclusive political and military support for General Khalifa Haftar and his Libyan Arab Armed Forces (LAAF) in 2014. To support Haftar’s war effort to counter Islamists and political opponents in Eastern Libya, the UAE balanced between unilateral interventionism and funneling support using Egypt as a proxy, leveraging the Egypt-Libya land border. It also used its soft power in the Elysée, supporting France’s impulse to provide military and diplomatic support for the Libyan general. These efforts boosted Haftar’s international standing while helping him secure control over Eastern and then Southern Libya, as well as Libya’s oil crescent, primarily using UAE-supplied equipment and aerial support.

Emirati military support for Haftar peaked in 2019-2020, attracting negative attention that added to the reputational toll of its involvement in the Saudi-led coalition in Yemen. During Haftar’s offensive, the UAE conducted hundreds of drone strikes on Haftar’s behalf, supplied him with weaponry and jet fuel, and financed Sudanese mercenaries that fought with his LAAF. Despite this, Haftar’s war effort faced setbacks, prompting Abu Dhabi to re-adjust its foreign policy to pre-empt increased scrutiny over its military adventurism.[...]

Coincidentally, the arrival of the Government of National Unity (GNU) quickly followed Abu Dhabi’s formalization of the Abraham Accords and its increased focus on regional neighbors, such as Israel. In practice, GNU Prime Minister Abdelhamid Dbaiba’s emergence in Libya’s political scene dovetailed with Abu Dhabi increasingly exporting a vision of foreign policy that centered around pragmatism, economic stability, and trade partnerships in light of the accords. While the UAE did not change the essence of its foreign policy, its rhetoric contrasted sharply with the former, more muscular approach to foreign policy Abu Dhabi employed.

Though initially uneasy with Dbaiba due to his ties in Libya’s Islamist milieu, the prime minister—who is also not a champion of liberal democracy—eventually secured Abu Dhabi’s acquiescence due to his transactional approaches aligning with Abu Dhabi’s foreign policy shift. Adding to Emirati relief was the fact that Dbaiba did not preferentially empower Islamist actors within his executive. This led to a burgeoning relationship between Abu Dhabi and Tripoli, with Dbaiba seeking to revive Muammar Gaddafi-era deals with the Emirates in the telecommunications, energy, and construction sectors, as well as covertly negotiating Emirati companies’ access to operate free-trade-zones, economic zones, and ports. Conversely, Abu Dhabi’s most notable concession vis-à-vis the GNU has been its quiet scaling down of financial support to pro-Haftar partisan media outlets and TV channels it was suspected of funding, forcing some to shut down.

These developments were also influenced by the fact the UAE was engaging in a fast-paced rapprochement with Turkey that led to boosted economic ties with Ankara. [...] This led it to focus on regional diplomacy, bringing Abu Dhabi closer to Ankara. In Libya, it was, in turn, more pragmatic for the UAE not to compromise its rapprochement with Turkey by doubling down on Haftar or undermining a Turkish-backed Dbaiba.

Instead, the UAE focused on brokering conciliative meetings and shuttle diplomacy between Dbaiba and Haftar’s circles, attempting to manufacture power-sharing arrangements between both. The replacement of Sanalla as National Oil Corporation (NOC) Chairman—executed by Dbaiba and followed by Haftar lifting his then-blockade on oil ports—is perhaps one of the most notable impacts of this mediation to date.[...]

In choosing not to compromise its rapprochement with Turkey and supporting Dbaiba, the UAE has broken with its long-standing standing partners in Libya: Egypt and France. Since March of this year, the latter have focused on openly undermining the GNU, instead, backing the bid of former Libyan Interior Minister Fathi Bashagha for the post of Prime Minister.[...]

Another concern is that Bashagha’s bid for prime minister is backed by prominent figures of Libya’s Muslim Brotherhood with links to Qatar, the UAE’s regional rival. Lastly, it is also suspected that Abu Dhabi has a personal animosity towards Bashagha, who played a prominent role in countering the Emirati-backed offensive of Haftar on Tripoli in 2019.

27 Oct 22

French website, Africa Intelligence, has reported that Khalifa Haftar is threatening to block oilfields in territories controlled by his forces in order to regain his footing in the struggle for power, saying this is coming from Egyptian pressure.[...]

It added that Haftar's ally Egypt has been pressuring him to take action against an oil deal struck between Tripoli and Turkey, saying that Haftar was caught out when the Prime Minister of the Government of National Unity took control of the country's oil sector by reorganizing Libya's Supreme Council for Energy.

26 Oct 22

[kp777]

Internal records leaked by a whistleblower show that Sultan Al Jaber—who is simultaneously serving as CEO of Abu Dhabi National Oil Company and president of COP28—used meetings about the upcoming United Nations climate summit to push foreign governments for fossil fuel deals.

Read more.

[thoughtlessarse]

Temperature records are being broken around the world as a global heat wave grips four continents, putting the world on track for the hottest summer in over 2,000 years. Cities around the world are suffering through temperatures above 40° C (104° F), with excessive heat in Mecca alone killing at least 1,000 people attending the Hajj pilgrimage. Through this dangerous heat, millions of workers are forced to continue laboring in sweltering temperatures. Workers in the United States who spoke with the WSWS reported working through temperatures reaching well over 100° F (37.7° C) without air conditioning or even fans. The heat wave is partially attributable to El Niño, a warming cycle that brings hotter temperatures around the world. But climate scientists have noted that the extreme heat has been made far more likely by climate change. Last year, 2023, was the hottest year on record, with 2024 already exceeding last year’s temperatures. The past 11 months were the hottest recorded in history, reaching more than 1.5° Celsius above pre-industrial averages. A warming planet, even by just a few degrees on average, has massive effects on the environment. The threshold of 1.5 degrees is a critical milestone. Scientists have projected that if average global temperatures remain 1.5 degrees above pre-industrial levels, climate change may become irreversible and fuel even more severe natural disasters. Johan Rockström, joint director of the Potsdam Institute for Climate Impact Research in Germany, told Earth.org in April: [W]hat happened in 2023 was nothing close to 2016, the second-warmest year on record. It was beyond anything we expected, and no climate models can reproduce what happened. And then 2024 starts, and it gets even warmer. We cannot explain these [trends] yet, and it makes scientists that work on Earth resilience like myself very nervous. Already, global warming has had devastating consequences throughout the world. The World Meteorological Organization reported last year that a staggering 489,000 people died from heat-related causes every year between 2000 and 2019—or nearly 10 million people over two decades. In the face of runaway global temperatures, capitalist governments are moving to abandon their meager and insufficient climate pledges altogether. Scotland, which pledged to reduce emissions by 75 percent by 2030, scrapped the entire program in April. On June 3, Germany’s climate adviser declared that the country’s limited climate goals of 30 percent reductions for 2030 were out of reach. In the United Kingdom, Prime Minister Rishi Sunak criticized climate goals as “unaffordable eco-zealotry,” while UK Labour leader Keir Starmer dropped his proposal for a 28 billion pound ($35.3 billion) per year green energy program. These developments follow the COP 28 climate summit last December, when government officials and corporate executives met in the United Arab Emirates. The event was chaired by Sultan Ahmed al-Jaber, the CEO of the state-owned Abu Dhabi National Oil Company (ADNOC), effectively turning it into a trade show for the fossil fuel industry.

continue reading

[shreygoyal]

View on Twitter

Sultan Al Jaber, Managing Director and Group CEO of the Abu Dhabi National Oil Company, UAE's largest oil company, has been appointed the President of the 2023 UN Climate Change Conference #COP28UAE.

(Source)

[notwiselybuttoowell]

The head of one of the world's biggest oil companies has been named to lead the COP28 global climate talks in Dubai, later this year.

Sultan Ahmed Al Jaber is currently the chief executive officer of the Abu Dhabi National Oil Company.

He is also the minister for industry and advanced technology for the COP28 hosts, the United Arab Emirates.

Campaigners say he must stand down from his oil business role while president as it is a clear conflict of interest.

They believe someone steeped in the oil industry may not push countries to rapidly reduce their production and use of fossil fuel, which scientists say is critical to avoiding dangerous climate change.

[novumtimes]

UAE and Australia conclude negotiations on a Comprehensive Economic Partnership Agreement Business Economy and Finance

The UAE-Australia CEPA seeks to boost non-oil trade through the removal or reduction of tariffs and trade barriers. Bilateral non-oil trade between the UAE and Australia reached US$2.3 billion (AED 8.4 Billion) in H1 2024, up 10 percent compared to 2023. HE Al Zeyoudi: “With strong economic, social, and cultural ties between our nations, Australia has long been a valued partner for the UAE. This CEPA will unlock significant opportunities for UAE businesses and provide Australian companies with a gateway to new markets across the MENA region.” Hon. Don Farrell: “As a trading nation, we are committed to opening up new opportunities for our exporters, farmers, producers and businesses. Under this trade agreement, Australian exports are expected to increase by US$460 million per year” Abu Dhabi, United Arab Emirates – September 17, 2024: The UAE and Australia have finalized negotiations on a landmark Comprehensive Economic Partnership Agreement (CEPA) between the two countries that will, once ratified and implemented, represent Australia’s first trade deal with a country in the MENA region. The UAE-Australia CEPA will streamline trade processes, eliminate tariffs on a wide range of goods and services, create new opportunities for investment, and encourage private-sector collaboration in priority sectors. The negotiations built on growing economic relations between the UAE and Australia, with bilateral non-oil trade reaching US$2.3 billion in H1 2024, an increase of 10 percent from H1 2023. The UAE is Australia’s leading trade partner in the Middle East and its 20th largest partner globally. As of 2023, the two countries have also committed a combined US$14 billion to each other’s economies, with more than 300 Australian businesses operating in the UAE in sectors such as construction, financial services, agriculture and education. Upon the conclusion of negotiations, HE Al Zeyoudi stated: “With strong economic, social, and cultural ties between our nations, Australia has long been a valued partner for the UAE. This CEPA will unlock significant opportunities for UAE businesses and provide Australian companies with a gateway to new markets across the MENA region. I look forward to collaborating with my Australian counterpart to swiftly ratify the CEPA and deliver its benefits. This milestone not only reaffirms our commitment to building strong relations with key partners, but to expanding the reach of our trading network into key regions such as Asia-Pacific.” His Excellency Hon. Don Farrell stated: “As a trading nation, we are committed to opening up new opportunities for our exporters, farmers, producers and businesses. Under this trade agreement, Australian exports are expected to increase by US$460 million per year, but this deal means more for Australia than just numbers. A trade agreement with the UAE will facilitate investment into key sectors, which is important to achieving our ambition of becoming a renewable energy superpower.” Foreign trade remains the cornerstone of the UAE’s economic agenda. In 2023, the UAE’s non-oil trade in goods reached an all-time high of $712 billion, a 14.3% increase on 2022 – and 36.8% more than 2021. A CEPA with Australia will be a significant addition to the UAE foreign trade network, which is helping to propel non-oil foreign trade towards its target of AED4 trillion (US$1.1 trillion) by 2031 Follow Emirates 24|7 on Google News. Source link via The Novum Times

[icvcertificateconsultants]

ICV certificate meaning

The In-Country Value Certificate is a certification issued to companies in the UAE to measure their contribution to the country's local economy. It evaluates a company's impact based on several factors such as local procurement, Emiratization (hiring of UAE nationals), investment in local assets, and the company’s contribution to the national economy. The ICV Certificate is often a requirement for companies seeking to bid on government contracts or work with state-owned enterprises, particularly in sectors like oil, gas, and defense.

The ICV program, launched by the Abu Dhabi National Oil Company (ADNOC) and adopted across the UAE, aims to boost local industries and create jobs by encouraging companies to invest more in the country’s economy. The ICV score obtained through this certification reflects a company’s efforts to support local growth and development.