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The Latest Breaking News from al Jaber

Oil flows through Strait of Hormuz won’t return to normal until next year even if war ended tomorrow, warns energy boss

Disruption to exports through the waterway has sparked fears of a global economic crisis

The Independent UK

New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 start

Iran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf of Oman coastline. The U.S. has imposed its own blockade on Iranian ports and attempted an aborted operation to reopen the chokepoint.

The Economic Times

Tehran accused of ‘weaponising’ Hormuz as oil gains ahead of US-Iran talks

Abu Dhabi’s oil chief says nearly 230 vessels sit loaded with crude and ready to sail

The Independent UK

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Weaponising Strait of Hormuz is 'economic terrorism': UAE minister warns of global fallout

Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC) said on Monday that weaponising the Strait of Hormuz is an act of 'economic terrorism' while highlighting the global consequences that affect far…

The Times of India

Chevron's CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not 'fully priced in'

“Physical supply changes don’t respond immediately,” said Wirth. “Even when strait reopens at some point, it will take time.”

Fortune

Sheikh and wife face losing £8.3million mansion in London 'billionaires' row' after failed 'Islamic custom' claim

High Court judgment means home in Britain’ s most expensive street could be sold to pay off part of £80million debts

Evening Standard

The Power of Packaging: Saif Al Jaber Reflects on Marketing Tactics & The Rapid Growth of Le Damas Dubai Chocolate

Beyond the chocolate wrap, every bundle purchase comes with a complementary bag, which, at Le Damas, evokes the same level of lavishness and luxury that Dubai is beloved for.

International Business Times

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How ‘out of touch’ Tony Blair became a serious threat to climate action

Even before his call for a net zero ‘reset’, there had been criticism of ex-PM’s lucrative links with fossil fuel nations

The Guardian - UK

Who’s who at Cop29? The world leaders and others who will attend

Crucial question for summit will be how to help developing countries cope with extreme weather caused by high temperatures

The Guardian - UK

‘Energy turmoil’ looms unless demand is checked, says Cop28 president

Sultan Al Jaber, an oil executive, calls for governments to be ‘honest’ about costs involved in transition to net zero

The Guardian - UK

COP28 President Al Jaber advances global climate commitments successfully

COP28's President Ahmed Al Jaber faced criticism but advanced the global climate agenda by committing to decarbonize energy markets and provide carbon fina...

Top News

Azerbaijan appoints no women to 28-member Cop29 climate committee

Campaigners condemn decision as regressive, saying ‘climate change affects whole world, not half of it’

The Guardian - UK

Azerbaijan names former oil executive to head Cop29 climate talks

Mukhtar Babayev, Azerbaijan’s Minister of Ecology and Natural Resources, has been named as president-designate of the Cop29 climate conference. He will be the second oil executive in a row to head the global environmental summit after UAE's Sultan Al Jaber in 2023.

Radio France Internationale

First Thing: Netanhayu set to resist any US attempt to rein in Israel’s Gaza destruction

Joe Biden left in a bind as Israel tells US it needs ‘months’ to defeat Hamas. Plus, Ukraine stung after Hungary’s Viktor Orbán blocks EU war funding

The Guardian - UK

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The Guardian - UK

‘The future is renewable’: How a huge gamble sealed Cop28 deal

The signs were pointing to a lukewarm Cop. Instead it turned out to be full of surprises – but is the final deal on fossil fuels just a ruse?

The Guardian - UK

Cop28 president says his firm will keep investing in oil

Exclusive: Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal

The Guardian - UK

Failure of Cop28 on fossil fuel phase-out is ‘devastating’, say scientists

Climate experts say lack of unambiguous statement is ‘tragedy for the planet and our future’

The Guardian - UK

Cop28 landmark deal agreed to ‘transition away’ from fossil fuels

Summit president hails ‘historic package to accelerate climate action’ but critics decry ‘litany of loopholes’ in final text

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International Business Times

Hasty Gavel And Standing Ovation Bring Down COP28 Curtain

The proud president of COP28 had no time left to lose. The delegates gathered in the oil-rich UAE since November 30 barely had time to sit down before the deal was declared adopted.

The Conversation

Hard-fought COP28 agreement suggests the days of fossil fuels are numbered – but climate catastrophe is not yet averted

As negotiators stagger towards their beds in Dubai and another year’s climate talks come to a close, it’s time to take stock. Did COP28 achieve the big breakthrough the world needs on climate change?

The Guardian - UK

After 30 years of waiting, Cop28 deal addresses the elephant in the room

He was personally vilified, but Sultan Al Jaber has managed what no other Cop presidency has ever done

The Guardian - AU

Cop28: second draft text of climate deal calls for ‘transitioning away’ from fossil fuels

Latest draft does not include a commitment to phase out or phase down fossil fuels, as many countries, civil society groups and scientists have urged

Reason

There Is No 1.5°C Climate Cliff

The world will not come to its end in 2030 because of climate change.

The Guardian - UK

Elements of new Cop28 text are ‘fully unacceptable’, say EU climate chiefs – as it happened

EU’s climate commissioner says there must be ‘deeper discussions with many other partners’

The Guardian - AU

Chris Bowen says agreement on global fossil fuel phase out central to Australia’s renewable energy plans

Australia’s climate minister says summit must aim to keep 1.5C goal alive as he names Saudi Arabia as a block to agreement

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