Oil Producers as ‘Superheroes’ Is Not How It Works, UAE Minister Says

Oil producers who felt like outcasts at the COP 26 climate conference last year are now being treated like superheroes because their supplies are in strong demand, United Arab Emirates (UAE) energy minister Suhail al-Mazrouei said on March 28 at an industry event.

Mazrouei suggested it was not possible to underinvest and preach renewables and then ask for output boosts during a crunch—long-term planning is needed.

“I think in COP 26 all the producers felt they were uninvited and unwanted but now we are again superheroes, it’s not going to work like that,” he said.