UAE planned to use COP28 climate talks to make oil deals

The UAE team did not deny using COP28 meetings for business talks, and said “private meetings are private”. It declined to comment on what was discussed in the meetings and said its work has been focused on “meaningful climate action”. The documents …

COP28 host UAE to ramp up national oil production

The country hosting COP28 climate talks aimed at cutting fossil fuel emissions is massively ramping up its own oil production, the BBC has learned. The United Arab Emirates’ state oil firm Adnoc may drill 42% more by 2030, according to analysts considered the international gold standard in oil market intelligence.