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Oil industry calls for inclusivity under climate efforts

Oil pumps and rig. [Courtesy]

Energy producers gathered in Abu Dhabi following the COP26 UN climate talks called on Monday for greater inclusivity that would see more investment in hydrocarbons for energy security as they work to reduce emissions.

The world could not "simply unplug" from hydrocarbons and the oil and gas industry needed to invest over $600 billion (Sh67 trillion) a year until 2030 just to meet expected demand, said Abu Dhabi National Oil Co-Chief Executive Sultan al-Jaber.

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