UAE's ADNOC to double renewable energy portfolio in next ten years
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ABU DHABI (Reuters) - Abu Dhabi National Oil Co (ADNOC) grew its renewable energy portfolio by more than 400% in the last 10 years, and is on track to double that again in the coming decade, chief executive Sultan al-Jaber said on Monday. "We will increase our carbon capture utilization and storage program by 500 per cent…to capture the same amount of C02 as 5 million acres of forest," Jaber told a sustainable energy event in the United Arab Emirates capital Abu Dhabi. ADNOC will also reduce..