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“Last year, shortly after COP27 ended, the board of the Abu Dhabi National Oil Company (Adnoc) voted to bring forward their planned 5m barrel a day oil production capacity expansion to 2027, three years ahead of schedule.
Sultan Ahmed al-Jaber, the Emirati Minister of State and the CEO of Abu Dhabi's state-run Abu Dhabi National Oil Co., attends the opening ceremony of the ADIPEC in Abu Dhabi, UAE on Nov. 11, 2019.
Source: https://www.nationalobserver.com/2023/01/12/news/uae-oil-company-chief-lead-un-cop28-climate-talks
The conference came under criticism in recent days for installing the chief of the Abu Dhabi National Oil Co. as its president for this year's event.
The Indian government announced on Monday that the country’s leading petroleum refiner, Indian Oil Corp., used the local rupee to buy one million barrels of oil from the Abu Dhabi National Oil Company — not the U.S. dollar.
The president of the summit, Sultan Ahmed al-Jaber, is the chief executive of the state-owned Abu Dhabi National Oil Company, which is planning a US$150bn oil and gas expansion.