Global Big Oil executives and chiefs of national oil companies in the region will convene in Abu Dhabi to advance their upstream plans while they prepare for a world that is increasingly transitioning away from fossil fuels.
The Abu Dhabi International Petroleum Exhibition and Conference, which will run from November 15 to 18 at Abu Dhabi National Exhibition Centre, returns to its in-person format after a year and will address the energy industry under transition.
Adipec 2021 will also be the first major event following Cop26 and will be a critical bellwether for the fortunes of the energy industry in the midst of great change.
"Adipec 2021 returns at a crucial period for the energy industry as we take stock of the outcomes of Cop26 and explore how we can contribute to providing practical solutions to climate change while continuing to ensure stable, reliable and carbon-efficient energy supplies," said Dr Sultan Al Jaber, the UAE's minister of industry and advanced technology, as well as the group chief executive and managing director of Abu Dhabi National Oil Company.
This year's event will take place after the UAE, Saudi Arabia and Bahrain all committed to achieving a net-zero future by the middle of the century.
The commitments are in line with global efforts to limit the warming of the planet to below pre-industrial levels of 1.5°C and to rapidly accelerate the phase-out of polluting fuels such as coal from the global economy, in line with Paris Agreement targets.
"The UN’s Cop26 has shown the importance of bringing world leaders together to deal with a great challenge of our time. The conversation must now move to Adipec, where the industry will be able to explore putting adequate plans into action taking into account the realities of each continent," said Senegalese petroleum and energies minister Aissatou Sophie Gladima.
Adipec will feature high-profile speakers including energy ministers from the UAE, Saudi Arabia, Egypt, India and Russia. More than 160 ministers, chief executives along with over 800 technical experts from around the world will deliver 127 sessions during the trade show, the organisers said.
The conference will also feature economists such as Mohamed El Erian, who will address the changing dynamics in the energy industry.
Ministers from the Opec+ group of countries will also take the stage on day one to address how the exporters' bloc, which has been behind some historic cuts will adapt to the changing world.
Big Oil executives, who last year committed to net-zero targets to become holistic energy companies with smaller hydrocarbon portfolios, will also weigh their future amid higher energy prices.
The global oil industry has been reaping the benefits of buoyant oil prices, which have been trading at multi-year highs following the crunch in demand from Covid-19 last year. Economies have opened up and fuel demand from transportation is almost back to pre-pandemic levels, helping to boost their balance sheets.
The scope for the development of new fuels such as hydrogen, which is being promoted as a viable alternative to fossil fuels in decarbonising the global energy sector, will also be explored at this year's conference.
All participants attending Adipec are required to undergo PCR testing prior to attending the conference and exhibition.
MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
360Vuz PROFILE
Date started: January 2017
Founder: Khaled Zaatarah
Based: Dubai and Los Angeles
Sector: Technology
Size: 21 employees
Funding: $7 million
Investors: Shorooq Partners, KBW Ventures, Vision Ventures, Hala Ventures, 500Startups, Plug and Play, Magnus Olsson, Samih Toukan, Jonathan Labin
The five pillars of Islam
ADCC AFC Women’s Champions League Group A fixtures
October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA
Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Andor
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UNSC Elections 2022-23
Seats open:
- Two for Africa Group
- One for Asia-Pacific Group (traditionally Arab state or Tunisia)
- One for Latin America and Caribbean Group
- One for Eastern Europe Group
Countries so far running:
THREE
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THE BIO
Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old
Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai
Favourite Book: The Alchemist
Favourite quote: Failing to prepare is preparing to fail
Favourite place to Travel to: Vienna
Favourite cuisine: Italian food
Favourite Movie : Scent of a Woman
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How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
Killing of Qassem Suleimani
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
Biog
Age: 50
Known as the UAE’s strongest man
Favourite dish: “Everything and sea food”
Hobbies: Drawing, basketball and poetry
Favourite car: Any classic car
Favourite superhero: The Hulk original
Top Hundred overseas picks
London Spirit: Kieron Pollard, Riley Meredith
Welsh Fire: Adam Zampa, David Miller, Naseem Shah
Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott
Northern Superchargers: Dwayne Bravo, Wahab Riaz
Oval Invincibles: Sunil Narine, Rilee Rossouw
Trent Rockets: Colin Munro
Birmingham Phoenix: Matthew Wade, Kane Richardson
Southern Brave: Quinton de Kock
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
COMPANY%20PROFILE
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Understand What Black Is
The Last Poets
(Studio Rockers)
Company profile
Date started: December 24, 2018
Founders: Omer Gurel, chief executive and co-founder and Edebali Sener, co-founder and chief technology officer
Based: Dubai Media City
Number of employees: 42 (34 in Dubai and a tech team of eight in Ankara, Turkey)
Sector: ConsumerTech and FinTech
Cashflow: Almost $1 million a year
Funding: Series A funding of $2.5m with Series B plans for May 2020