TOP 1O
ADNOC
Revenue : US $ 8.7 billion Employees : 13,000 CEO : Sultan Ahmed Al-Jaber ( pictured below ) Founded : 1971
One of the world ’ s leading energy producers , ADNOC has played a key role in Abu Dhabi ’ s global emergence since the 70s . It operates across the entire hydrocarbon value chain , via a network of fully-integrated businesses – from exploration to production , storage to distribution .
This year alone , ADNOC has acquired a stake in an Azerbaijani gas field and opened takeover talks with German plastics-maker Covestro .
With a Group CEO who is also COP28 President-Designate and Chairman of Masdar , of which ADNOC owns 24 %, ADNOC has plans to reduce its greenhouse gas intensity by 25 % by 2030 and to install 100 GW of renewable energy by 2030 . The company has said it will spend an initial US $ 15 billion on climate-friendly projects by 2027 .
CREDIT : Arctic Circle , CC BY 2.0 Wikimedia Commons
30 January 2024