So he clearly isn’t listening to Fatih Birol. It plans to increase output by 25% while its boss, Dr Sultan Al Jaber, hosts the biggest green event of the year, COP28, later this year. So they’re having their carbon cake and eating it too, and none more so than the Abu Dhabi National Oil Company. Guess what? Most of the publicity was ‘green’ while most of the money went into more, er, oil and gas. InfluenceMap compared the messaging and investments of five oil giants. His comments came in an interview with Akshat Rathi of Bloomberg Green.īirol is not the first to say that Big Oil is trying to look green while still doing what it knows best and enjoying fabulous profits as a result.
That’s the head of the International Energy Agency (IEA) sounding impatient with big oil and gas companies.įatih Birol says they can’t have it both ways - they can’t claim to support Net Zero while boosting production.
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