Greenpeace MENA: KSA' announcement of Major Oil and Natural Gas is deeply concerning!
In response to Saudi Arabia announcement of Major Oil and Natural Gas discoveries in The Eastern Province and Empty Quarter, Shady Khalil, Campaign Lead from Greenpeace MENA, Said:
This announcement is deeply concerning and indicates that Saudi Arabia has not yet embraced the imperative that the fossil fuel era is ending. COP28 in Dubai has sent a strong signal on the need to transition away from fossil fuels by 2050, with a decline this decade marking the end of the fossil fuel era. Saudi Arabia needs to demonstrate a genuine commitment to the historical consensus reached at COP28 in Dubai.
We urge Saudi Arabia to prioritize the well-being of billions around the world, including its own citizens and the millions who travel to Hajj. The impacts of extreme weather events are significant and growing. This year alone, more than 1,300 people tragically died during Hajj, with numerous cases attributed to heat stress as temperatures soared to dangerous levels. This stark reality underscores the immediate need for action.
Saudi Arabia must reconsider new oil and gas exploration and prioritize the millions of lives that will be impacted by emissions from fossil fuel expansion. The time to transition is now; we don't have more time to waste. Instead of doubling down on fossil fuel expansion, Saudi Arabia needs to raise its climate commitments, halt new expansions on all fossil fuels—gas, oil, and coal—and invest this energy in diversifying its economy and mitigating the risk of being dependent on the rapidly declining fossil fuel industry.
Home >> Business and Economy Section
KIB promotes financial awareness and banking literacy among visitors of Assima M ...
Hibrid and Alibaba Cloud Sign MoU to Deliver Advanced Streaming and Comprehensiv ...
Get Ready for Fabulous Summer Looks with BADgal BANG! Power Blue Mascara!
Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information ...
KIB signs strategic partnership with IE Business School under Waed program
Bigger Thrills and Better Rewards Await You This Dubai Summer Surprises at Merca ...
KIB hosts a panel discussion titled ‘Financing and Mortgages: Opportunities and ...
Burgan Bank Organizes Field Visit for ‘Academy X' Students at its Headquarters i ...
Kuwait celebrates National Day at Expo 2025 Osaka with a striking showcase of cu ...
CASIO Middle East & Africa Marks Six Decades of Calculator Legacy
EASA and IATA publish comprehensive plan to mitigate risks of GNSS interference
African Energy Week (AEW) 2025 to Host Dedicated Energy Finance Track
EGYPTAIR discloses order for an additional six Airbus A350 aircraft
KIB Group, represented by KIB Invest, serves as Joint Lead Manager in Boubyan Ba ...
Riyadh Air places firm order for 25 Airbus A350-1000 aircraft
Burgan Bank Raises Financial Awareness and Digital Innovation Initiatives by Col ...
essence launches Fondation Stick: A New Take on Makeup, Friendship, and Sharing ...
AviLease orders Airbus A350F freighters and A320neo Family aircraft
Arab Open University and GBM Forge Cybersecurity Alliance to Safeguard Digital E ...
Burgan Bank Organizes an Event in Appreciation of its female workforce ‘Burgan ...