• About Us
  • Advertise with Us
  • Contact Us
Monday, August 15, 2022
GoldenNewsNG
No Result
View All Result
  • Home
  • News
    Nigerians Attack El-Rufai for Mocking Igbo Traders

    Nigerians Attack El-Rufai for Mocking Igbo Traders

    Man Utd Boss Erik Ten Hag ‘Open To Cristiano Ronaldo Sale’ As Worrying Behaviour Emerges

    Man Utd Boss Erik Ten Hag ‘Open To Cristiano Ronaldo Sale’ As Worrying Behaviour Emerges

    RCCG Ordains 2000 Full-Time Pastors At Convention

    RCCG Ordains 2000 Full-Time Pastors At Convention

    Buhari Names Bashir Ahmad Special Assistant on Digital Communications

    Buhari Names Bashir Ahmad Special Assistant on Digital Communications

    Lagos Announces Partial Closure Of Third Mainland Bridge

    Lagos Announces Partial Closure Of Third Mainland Bridge

    2023: “Tinubu’s age comes with wisdom”- Yakasai

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
  • Home
  • News
    Nigerians Attack El-Rufai for Mocking Igbo Traders

    Nigerians Attack El-Rufai for Mocking Igbo Traders

    Man Utd Boss Erik Ten Hag ‘Open To Cristiano Ronaldo Sale’ As Worrying Behaviour Emerges

    Man Utd Boss Erik Ten Hag ‘Open To Cristiano Ronaldo Sale’ As Worrying Behaviour Emerges

    RCCG Ordains 2000 Full-Time Pastors At Convention

    RCCG Ordains 2000 Full-Time Pastors At Convention

    Buhari Names Bashir Ahmad Special Assistant on Digital Communications

    Buhari Names Bashir Ahmad Special Assistant on Digital Communications

    Lagos Announces Partial Closure Of Third Mainland Bridge

    Lagos Announces Partial Closure Of Third Mainland Bridge

    2023: “Tinubu’s age comes with wisdom”- Yakasai

    Trending Tags

    • Commentary
    • featured
    • Event
    • Editorial
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
No Result
View All Result
Golden News
No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology
Home World News

UAE Says World Still Needs To Invest Billions In Oil And Gas

kunle kunle by kunle kunle
November 15, 2021
in World News, Headline
Reading Time: 1 min read
UAE Says World Still Needs To Invest Billions In Oil And Gas
1
SHARES
FacebookShareTwitterShareWhatsappShareTelegramShare

The UAE, one of the world’s top crude exporters, said a recent UN climate summit in Glasgow was a “success” but that the world needs to keep investing billions in oil and gas.

Nearly 200 countries at the COP26 summit pledged Saturday to speed up the fight against rising temperatures, after two weeks of negotiations.

READ ALSO

Nigerians Attack El-Rufai for Mocking Igbo Traders

How to Plan Nigerian Wedding With Less than N500k Budget

But they failed to secure a consensus to keep coal in the ground, and UN Secretary-General Antonio Guterres has warned that “climate catastrophe” is still knocking at the door.

The summit “was indeed a success”, said Sultan al-Jaber, the UAE’s minister of industry and advanced technology.

 

But he forecast that the oil and gas industry would have to invest “over $600 billion every year until 2030 just to keep up with the expected demand”.

“While the world has agreed to accelerate the energy transition, it is still heavily reliant on oil and gas,” he told the opening session of the Abu Dhabi International Petroleum Exhibition and Conference.

“As economies bounce back from the Covid-19 pandemic at the fastest rate in 50 years, demand has outpaced supply.”

Both the United Arab Emirates and neighbouring Saudi Arabia, the world’s number one oil exporter, have announced net-zero carbon goals, despite plans to ramp up oil production.

Net-zero refers to emissions created within a country, not by-products sold and consumed abroad.

The UAE, Saudi Arabia, and other major oil producers have defended their plans to continue investing in fossil fuels.

Related Posts

Nigerians Attack El-Rufai for Mocking Igbo Traders
News

Nigerians Attack El-Rufai for Mocking Igbo Traders

How to Plan Nigerian Wedding With Less than N500k Budget
General Information

How to Plan Nigerian Wedding With Less than N500k Budget

List of Richest Yoruba Women and Their Source of Wealth
General Information

List of Richest Yoruba Women and Their Source of Wealth

20 Online Business That Can Make You A Millionaire In 2022
business

20 Online Business That Can Make You A Millionaire In 2022

Calabar 1million Rally: I Say Thank You, Nigeria’s Democracy Must Survive – Peter Obi
Politics

Calabar 1million Rally: I Say Thank You, Nigeria’s Democracy Must Survive – Peter Obi

Nigerian Newspaper Headlines & Naija News Today, Tuesday 19 July 2022
Headline

Nigerian Newspaper Headlines & Naija News Today, Monday 15th August 2022

Next Post
TB Joshua,  Archbishop Idahosa in hell – Female Preacher (see video)

TB Joshua,  Archbishop Idahosa in hell – Female Preacher (see video)

Leave a Reply Cancel reply

JUST IN

Nigerians Attack El-Rufai for Mocking Igbo Traders

Nigerians Attack El-Rufai for Mocking Igbo Traders

Barcelona ‘Blow Hopes’ Of Signing Bernardo Silva From Man City After ‘Dirty Tricks’

Barcelona ‘Blow Hopes’ Of Signing Bernardo Silva From Man City After ‘Dirty Tricks’

Mr Macaroni Says He’s Been Threatened For Not supporting A presidential Candidate

Mr Macaroni Says He’s Been Threatened For Not supporting A presidential Candidate

2023 Election: I Will Never Cast A Vote For APC Or PDP – Mr Macaroni

Man Utd Boss Erik Ten Hag ‘Open To Cristiano Ronaldo Sale’ As Worrying Behaviour Emerges

Man Utd Boss Erik Ten Hag ‘Open To Cristiano Ronaldo Sale’ As Worrying Behaviour Emerges

Emma Raducanu And Serena Williams Fans Left Angrily As Blockbuster Clash Rescheduled

Emma Raducanu And Serena Williams Fans Left Angrily As Blockbuster Clash Rescheduled

Tiwa Savage Closes Tour With A Packed Show In London, Fans Were So Excited

Tiwa Savage Closes Tour With A Packed Show In London, Fans Were So Excited

How to Plan Nigerian Wedding With Less than N500k Budget

How to Plan Nigerian Wedding With Less than N500k Budget

List of Richest Yoruba Women and Their Source of Wealth

List of Richest Yoruba Women and Their Source of Wealth

20 Online Business That Can Make You A Millionaire In 2022

20 Online Business That Can Make You A Millionaire In 2022

Follow us

Categories

  • Biafra
  • business
  • Crime
  • Education
  • Entertainment
  • Featured
  • General Information
  • Headline
  • Health
  • Insurance
  • Jobs
  • Lifestyle
  • LOAN & INVESTMENT
  • News
  • Npower
  • NYSC
  • Opinion
  • Politics
  • Relationship
  • Scholarship/ Opportunities
  • SPONSORED POST / GUEST POST
  • Sports
  • Technology
  • Tour
  • World News

Recent Posts

  • Nigerians Attack El-Rufai for Mocking Igbo Traders
  • Barcelona ‘Blow Hopes’ Of Signing Bernardo Silva From Man City After ‘Dirty Tricks’
  • Mr Macaroni Says He’s Been Threatened For Not supporting A presidential Candidate
  • 2023 Election: I Will Never Cast A Vote For APC Or PDP – Mr Macaroni

Newsletter

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions

© 2022 Golden News

No Result
View All Result
  • Home
  • News
  • Npower
  • Jobs
  • NYSC Info
  • Education
  • Business
  • Entertainment
  • Sports
  • Technology

© 2022 Golden News

YOU WANT LATEST UPDATES?

JOIN OUR TELEGRAM CHANNEL NOW
X