As policymakers in Dubai search for consensus on tackling climate change, the scale of the challenge is evident in the stormy waters of the North Sea, where Norway is opening another gas field.
Oil and Gas
Oil and Gas News
Greenpeace has blockaded a Shell (LON: SHEL) import terminal in the Philippines, in a demand for oil companies to pay up for loss and damages.
The head of global climate change talks starting in Dubai this week has strongly denied using his position to advance the United Arab Emirates’ commercial interests.
The most closely followed discussions at COP28 will be around fossil fuels, methane emissions, the loss and damage fund, and Article 6 of the Paris Agreement.
The United Arab Emirates plans to use the COP28 summit to pursue government talks on energy deals, an investigation has revealed.
Oil and gas companies must let go of the “illusion” of “implausibly large” carbon capture solutions, reduce their fossil fuel production and invest more in clean energy to align with international climate goals, the International Energy Agency (IEA) has said.