The Iraqi Minister of Oil, Hayan Abdul-Ghani, said that the Oil Ministry is taking steps to reach a production capacity of five million barrels per day despite the serious restrictions on oil markets and the OPEC countries’ quota limitations to maintain price stability.
Over the past decade renewable investments have made bigger profits for shareholders than oil investments.
COP 28’s slow walk to decarbonization may bring 2050 goals out of reach.
The pace of divestment from oil could make a major difference for the ultimate returns on energy investments.
Dubai, UAE: In conjunction with the ‘UAE Innovates’ initiative and in preparation for the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP 28), the Ministry of Energy and Infrastructure (MOEI) in the UAE organised an awareness workshop for organisations in the maritime sector from the government and private sectors to solicit ideas for maritime initiatives and projects.