Results for: Global Witness

An investigation by Global Witness reveals that the UAE’s state-owned oil company, ADNOC, sought nearly $100 billion worth of oil, gas, and petrochemical deals during the COP28 climate summit in Dubai. The report alleges that ADNOC leveraged its prestige as COP host to pursue these deals, including a joint venture with BP and bids for stakes in Braskem and Petrobras. Global Witness warns that this could set a dangerous precedent for future COPs, with the incoming host, Azerbaijan, potentially seeking to emulate UAE’s approach.

The UK has faced accusations of supporting Russia’s ongoing war in Ukraine by importing significant quantities of refined oil from nations that process Russian fossil fuels. In 2023, the UK imported refined oil worth £2.2bn from India, China, and Turkey, which are known to import crude oil from Russia. This represents a substantial increase from the £434.2m worth of imports in 2021. Lela Stanley, a senior investigator at Global Witness, condemned the UK’s actions, stating that the country continues to receive millions of barrels of fuel made from Russian oil. She emphasized that the government must close this loophole to prevent further aid to Russia’s war efforts. The revelation comes amidst President Joe Biden’s announcement of his immediate signing of a bill providing £49bn in military aid to Ukraine. The Pentagon has indicated that the delivery of weapons and equipment to Ukraine will begin within days.