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HomeEconomy & PoliticsUAE oil giant ADNOC under fire over expansion plans

UAE oil giant ADNOC under fire over expansion plans

The Abu Dhabi National Oil Co. (ADNOC) and its CEO, Al-Jaber, are facing criticism over ADNOC’s plans to spend $150 billion over the next five years to expand the company’s oil and gas operations, which contradicts Al-Jaber’s call about the need for global unity in addressing climate change.

This comes in tandem with the United Nations climate summit that will be held in Dubai from November 30 until December 12, which Al-Jaber will preside over. An internal document obtained by POLITICO suggests a likelihood that ADNOC will fall short of its promises to eliminate emissions.

The internal document sheds light on ADNOC downplaying its drilling plans while promoting climate-friendly initiatives like carbon capture. This has created tension leading to some U.S. lawmakers, including Rep. Jared Huffman and Sen. Sheldon Whitehouse, expressing concerns about an oil executive heading climate talks, and calling for Al-Jaber’s removal as president of the summit.

The obtained document further outlines ADNOC’s attempts to recruit influential figures, including U.S. climate envoy John Kerry and former Bank of England chief Mark Carney, to vouch for the company’s role as a “responsible energy provider.”

This strategy is intended to counter likely backlash and to build a green image amid controversies regarding ADNOC’s drilling plans. Critics have protested this approach as hypocritical and undermining the UAE’s credibility.

ADNOC’s communication strategy, as revealed in the document, emphasizes its green initiatives, managing its reputation, and garnering support from influential figures.

However, the company’s efforts are criticized as inconsistent with its stated environmental commitments and raising questions about the efficacy of such strategies in addressing climate concerns.

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