Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Top energy honchos to meet at Abu Dhabi CEO Roundtable

  • The industry leaders have been invited to the roundtable by Dr. Sultan Ahmed Al Jaber, United Arab Emirates (UAE) Minister of Industry and Advanced Technology
  • The participants will debate issues impacting the energy world and the outcome of the UN Climate Change Conference of the Parties (COP26)

More than 30 top energy executives from around the world will come together at the 7th Abu Dhabi CEO Roundtable, hosted by the Abu Dhabi National Oil Company (ADNOC). The participants will debate issues impacting the energy world and the outcome of the UN Climate Change Conference of the Parties (COP26).

The industry leaders have been invited to the round table by Dr. Sultan Ahmed Al Jaber, United Arab Emirates (UAE) Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO.

Dr Al Jaber said: “Coming immediately after the COP26 conference in Glasgow, the Abu Dhabi CEO Roundtable provides a timely opportunity for global energy leaders to convene and exchange views on how our industry can effectively contribute to addressing the outcomes of COP26. Our discussions will focus on how through partnership and collaborative working, we can continue to responsibly provide the world’s energy needs and drive investments in carbon-efficient fuels to ensure global energy security and economic prosperity as we embrace the energy transition.”

The high-level participation in the Abu Dhabi CEO Roundtable reinforces Abu Dhabi’s leadership role in shaping the global energy dialogue. The round table will take place on the eve of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2021 and follows the recent announcement that Abu Dhabi will host COP28 in 2023.

Commenting on the roundtable, Vicki Hollub, President and CEO of Occidental, said: “This seventh edition of the Abu Dhabi CEO Roundtable provides a timely platform, following COP26, to exchange views on the key issues affecting our industry as we focus on achieving global climate goals. I am grateful for Abu Dhabi’s and ADNOC’s leadership in convening this important round table and I look forward to joining my peers to discuss strategies to move our industry forward and ensure we can continue to sustainably meet the world’s energy needs.”

Bernard Looney, bp CEO, said: “ADIPEC is one of our industry’s truly great annual events and I’m honored to be joining the Abu Dhabi CEO Roundtable. There has never been a more important moment for our sector to come together, with the world deep in conversation about climate change. At bp, we share the view of Dr Sultan Ahmed Al Jaber and ADNOC that companies like ours have an important part to play in the transition to net zero, and that it is also a great business opportunity. I look forward to discussing ways to maximize the potential we see.”