The European Commission has prepared a package of bills to decarbonize the European gas market and create a hydrogen market in the European Union in the context of implementing the Green Deal strategy. “With today’s proposals, we are creating the conditions for a green transition in our gas sector by encouraging the use of“ clean […]
Investments in companies developing technologies to combat the climate crisis increased to $87.5 billion in the first six months of this year, a new study by PwC showed. Thus, the growth was 210% compared to $24.8 billion in the same period a year earlier, according to a study by the State of Climate Tech 2021. […]
Saudi Arabian energy giant Aramco announced on December 4 that it had signed five agreements with French companies on a variety of projects, Oil and Gas Middle East reports. The agreements included an announcement between Aramco and French renewable energy technology firm Gaussin to establish a modern manufacturing facility in Saudi Arabia focused on on-road […]
Hydrogen solutions provider, BayoTech, Inc has signed an agreement with New Mexico Gas Company to deploy a new highly-efficient hydrogen production facility in the Southern state of Albuquerque, USA. Hydrogen produced at the hub will be used by New Mexico Gas in a pilot project to demonstrate the safe and effective blending of hydrogen into […]
The signing of new investment deals reportedly worth $30 billion between Saudi Arabia and Oman is no doubt a positive development for solidifying cooperation between the member countries of the Gulf Cooperation Council. Yet the first questions that spring to mind are: Why Oman and why now? Let’s find the answer together with Arab News. […]
Emirates Global Aluminium (EGA) and GE Gas Power (NYSE: GE) signed a Memorandum of Understanding (MoU) to develop a roadmap to reduce greenhouse gas emissions from the operation of EGA’s existing GE natural gas turbines by exploring hydrogen as a fuel, as well as carbon capture, utilization, and storage solutions. The MoU was signed by […]
The UAE, with its abundant solar power, has the potential to become an exporter of renewable hydrogen to Europe in the future, a top European Union (EU) official told Emirates News Agency (WAM). “What is important for us, in addition to scaling up renewable hydrogen in the EU, is to create a global hydrogen market […]
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, announced on Wednesday a global clean energy powerhouse intended to spearhead the drive to net-zero carbon by 2050. Consolidating their combined efforts in renewable energy and green hydrogen, Abu Dhabi National Energy Company […]
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the UAE is continuing to cooperate with various international players in the energy sector, most notably in the area of clean energy, to make it a model of leading the global efforts in the renewable energy sector. Al Mazrouei made this statement during his […]
The UAE and Russian Federation have signed a ‘declaration of intent’ to form a joint task force that will work to promote cooperation between the two countries in the energy sectors specifically in clean energy, WAM reports. The announcement aims to achieve sustainable developments requirements, as well as, Paris Climate Change Agreement as the two […]