• Wind-powered Dutch chemical tanker sets sail for greener future

    Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping to plot a route to bringing down the shipping industry's huge carbon footprint. The MT Chemical Challenger, a 16,000-ton chemicals transporter set sail from Antwerp for Istanbul on Friday, and...
  • China steps up green transition drive to meet carbon-emission goals

    Beijing, China--China is moving away from traditionally energy-intensive industrial sectors toward green development across key sectors, in efforts to fulfill its goals of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060, according to China Central Television. In June 2023, the Hunan Valin Xiangtan Iron and Steel...
  • Global LNG demand to rise more than 50 percent by 2040: Shell

    "Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to reach around 625-685 million tons a year in 2040, according to the latest industry estimates," Shell said in a report.
  • EU seeks 90 percent drop in greenhouse emission by 2040

    Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the bloc's transition to a greener future was clouded by a widespread farmers' revolt. "Based on the best available science, and a detailed impact assessment, we are recommending that the 2040 target...
  • France flooded with applications for electric car leasing scheme

    Paris, France - The French government has been flooded with applications from low-income households to lease a subsidized electric car from 100 euros ($109) a month, Environment Minister Christophe Bechu said on Friday. President Emmanuel Macron unveiled the plan on social media in December as part of efforts to reduce carbon...
  • London’s transport shifts gears with TfL’s cargo bike action plan

    London, United Kingdom - On a busy north London street, plumber Ben Hume-Wright zipped through the heavy rush-hour traffic to his next job by bike. Trades such as his used to rely on vans but many are now choosing to do more business using two or sometimes three wheels. Since switching...
  • First Movers Coalition emerges as top advocate of climate-friendly technologies

    Dubai, UAE-- Since its launch two years ago, the First Movers Coalition (FMC) has become the world's largest private sector demand signal for emerging climate technologies. Its members have moved from commitment to action: signing offtake agreements, driving demand for low carbon products to global decarbonization initiatives, and collaborating with...
  • FAB partners with Engie

    They will advance solutions in financial decarbonization.
  • Masdar City to construct region’s first net-zero energy mosque

    Abu Dhabi, UAE - Masdar City, an Abu Dhabi, UAE-based sustainability and innovation hub dedicated to making all cities a solution to climate change, has announced the region’s first net-zero energy mosque. Masdar City hopes to set a new industry standard for houses of worship in the region through an...
  • Ready to work with developing nations for green future: China

    Chinese Vice Premier Ding Xuexiang said his country has promoted the targets for carbon peak and carbon neutrality, adding that while fulfilling its international obligations, China has made efforts to help other developing countries cope with climate change. He made the comments while addressing the G77 on the sidelines of...
  • Net-zero targets must include fossil fuel ‘phase-out’: monitor

    According to a new report from Net Zero Tracker, at least 150 countries have committed to a net-zero emissions target of some kind. But the climate monitor said only 13 percent of those countries have made at least one commitment to phase out the use, production or exploration of coal,...
  • ENOC and Neste sign MoU to drive sustainable aviation fuel initiatives

    Dubai, UAE--ENOC Group has signed a memorandum of understanding (MoU) with Neste, the world's leading producer of sustainable aviation fuel (SAF), in a pivotal step towards exploring the possibilities of supplying and purchasing of SAF regionally in the coming years. This ambitious goal underscores ENOC's proactive approach to fostering a...
  • UAE to pump CO2 into rock as carbon capture debate rages

    Fujairah, UAE - High in remote mountains in the oil-rich Emirates, a new plant will soon take atmospheric CO2 and pump it into rock -- part of controversial attempts to target planet-heating emissions without abandoning fossil fuels. Using novel technology developed by Omani start-up 44.01, the solar-powered plant will suck carbon...
  • COP28 host UAE braces for rising heat risk, targets carbon neutrality

    As global temperatures tick higher, with this year on course to be the hottest on record, the UAE is changing its building designs and urban planning to create cooler living environments, even outdoors, Almheiri said.
  • 56% Saudi consumers willing to pay premium for green transportation

    Riyadh, Saudi Arabia -- An overwhelming 80 percent of consumers across 16 diverse nations now identify climate change as the foremost global challenge, according to a study conducted by GSMA Intelligence in collaboration with Huawei. The participating countries, including Saudi Arabia, Turkey, Egypt, South Africa, Argentina, Brazil, France, Germany, Indonesia,...
  • ADNOC unveils inaugural green hydrogen refueling station

    Abu Dhabi, UAE - ADNOC announced on Friday it opened “H2GO”, the region’s first high-speed green hydrogen pilot refueling station, to test a fleet of zero-emission hydrogen-powered vehicles. The station will be operated by ADNOC Distribution, and is likely to create green hydrogen from water using an electrolyzer powered by...
  • Britain grants 27 new oil and gas exploration licenses in North Sea

    London, United Kingdom - Britain on Monday awarded 27 new licenses for oil and gas exploration in the North Sea as it seeks to quickly boost energy security, but the announcement angered environmentalists. The Conservative government has argued that drilling for new oil and gas is necessary to bolster Britain's energy...
  • EasyLease Q3 revenue $57.66m

    It's net profit was AED 26.5 million ($7.21m) in Q3 2023.
  • Masdar City and Huawei sign MoU to power UAE’s transition to net zero

    Dubai, UAE--Masdar City and Huawei have signed a memorandum of understanding (MoU) to enable the UAE to power its way to net zero target. The agreement, signed today at GITEX GLOBAL 2023 by key Masdar City and Huawei leaders, will lead to knowledge-sharing and capacity-building in net-zero development, help reduce...
  • Adnoc and Occidental sign deal

    They will conduct a study to build a direct air-capture facility.
  • Geopolitical changes derailed shift towards green energy, says IMF

    Washington, US - Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to renewable energy as the world looks to combat climate change, the International Monetary Fund said on Tuesday. The fractures have led to a doubling in new trade restrictions on commodities...
  • Adnoc Gas awards contract

    Nearly US$615m will be paid to build carbon-capture units.
  • DEWA commissions 200MW second unit in Al Maktoum Solar Park

    Dubai, UAE - Dubai Electricity and Water Authority (DEWA) commissioned the 200MW second unit of the parabolic basin complex in fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, local media reports said. This phase uses the Independent Power Producer (IPP) model with investments of up to AED...
  • 1bn tons of food wasted every year while 783m people face hunger: FAO

    Rome, Italy - The UN Food and Agriculture Organization (FAO) and the UN Environment Program (UNEP) said one billion tons of food are wasted every year, while up to 783 million people around the world are facing hunger. Ahead of the International Day of Awareness on Food Loss and Waste...
  • Aramco to invest in LNG

    The deal will be Aramco's first international investment in LNG.
  • Morocco looks to become key player in green hydrogen

    According to the country's economy minister, around 1.5 million acres of public land -- nearly the size of Kuwait -- have been set aside for green hydrogen and ammonia plants. Morocco is looking to become North Africa's top player in the emerging "green hydrogen" sector, with plans to export the...
  • European Union okays lighter pact on curbing car emissions

    Brussels, Belgium - EU member countries on Monday adopted a watered-down deal on curbing car emissions, after auto manufacturers complained stricter measures could undermine electric vehicle investments. Led by France and Italy, the 27 nations voted for a less ambitious plan than the one put forward by the European Commission in...
  • Kuwait and China sign raft of agreements to bolster ties

    Looking to shore up ties between the two countries, Kuwait and China have signed cooperation agreements across a range of sectors, including renewable energy, infrastructure, low-carbon recycling. The agreements were signed in the Chinese city of Hangzhou and were presided over by Kuwait's crown prince and Chinese president.
  • UK to revoke plan to attain net zero emissions by 2050

    LONDON, UK- The UK looked set to backtrack on Wednesday on policies aimed at achieving net zero emissions by 2050 with Prime Minister Rishi Sunak expected to water down some of the government's green commitments. The move comes amid growing concern over the potential financial cost of the government's policies to...
  • Maersk introduces world’s first bio-methanol container ship

    Copenhagen, Denmark - Danish shipping giant Maersk on Thursday launched the world's first container ship running on bio-methanol, a key step in its effort to lower its huge carbon footprint. Maersk, which sold its oil division to TotalEnergies in 2017, has set out a target to become carbon neutral by 2040....
  • UAE and Germany hold workshop on hydrogen strategies, carbon markets

    Abu Dhabi, UAE-- Looking to exchange expertise and explore potential synergies in hydrogen and carbon trading, an industry workshop was organized under the Emirati-German Energy and Climate Partnership. The workshop was organized by the UAE's Ministry of Energy and Infrastructure (MoEI) and the Federal Ministry for Economic Affairs and Climate...
  • IMF head urges G20 leaders to deliver promised US$100bn for climate finance

    New Delhi, India-- Appealing to G20 members to lead by example in delivering on the promise of US$100 billion per year for climate finance, International Monetary Fund (IMF) Managing Director Kristalina Georgieva has underscored the need for cohesive effort to prevent grave risks to economic well-being and macro-financial stability from...
  • Oil, gas sector emission pledges stalling: report

    According to Carbon Tracker, the weakest emissions reductions commitments came from US major ExxonMobil and five majority state-owned oil firms: Saudi Aramco, Brazil's Petrobras and Chinese companies Sinopec, PetroChina and CNOOC. Aramco was ranked at the bottom because it was the only company to limit emissions reductions targets to assets...
  • Saudi Arabia’s economy and fiscal position strong due to Vision 2030: IMF

    Riyadh, Saudi Arabia-- Saudi Arabia's economy is in a state of prosperity and growth, and that the kingdom's fiscal position is strong, primarily driven by Vision 2030 which has been steadily diversifying the economy since its launch in 2016, according to the International Monetary Fund.   The IMF said in a statement...
  • ADNOC to develop largest carbon-capture project in MENA

    According to an ADNOC statement, the project will be able to capture up to 1.5 million tonnes of CO2 a year, tripling ADNOC's carbon capture capacity. No cost or timeline was announced for the venture, which will be built and operated by ADNOC subsidiary ADNOC Gas.
  • G20 per capita coal emissions growing: research

    According to the research published by Ember, an energy thinktank that pushes for renewable power, per capita G20 coal emissions rose nine percent. In July, the group failed in talks to agree that global emissions should peak by 2025 or to massively ramp up renewable energy use.
  • OERC, Jindal to set up sustainable transport logistics solution

    Abu Dhabi, UAE - Oman and Etihad Rail Company (OERC) signed a deal with Jindal Shadeed Iron & Steel (Jindal) to establish a sustainable end-to-end transport logistics solution between Jindal’s steel complex at Sohar Port and the United Arab Emirates (UAE), via the UAE-Oman Rail Network. The deal is a...
  • In a warming world, is an air-conditioned future inevitable?

    Washington, United States - They are ubiquitous in the United States, controversial in Europe and coveted in South Asia. As heatwaves intensify across the world, air conditioning has taken center stage. For better or for worse, these power-hungry appliances are among the most common adaptations to a warming world. They have...
  • UK to issue hundreds of new oil and gas drilling licenses in North Sea

    The announcement has angered environmental groups and comes amid an internal debate within the ruling Conservative party on green policies. (AFP) The main opposition Labour party has said it will not issue any new North Sea drilling licenses if it regains power in a general election due next year.
  • UAE oil giant ADNOC pledges to ‘accelerate’ zero-carbon plan

    ADNOC "is accelerating its decarbonization plan to advance its net-zero ambition to 2045, compared to its previous target of 2050," the company said in a statement. It said it intends to "increase its investments and redouble efforts in decarbonization," relying on an initial financing of $15 billion for "low-carbon solutions"...
  • Dubai to expand EV charging points by 170 percent till 2025

    DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) aims to grow the city’s network of public charging stations by 170 percent in less than three years, local media reports said. This is in accordance with Dubai's plan to expand its electric vehicle (EV) charging infrastructure. By 2025, EV Green Charging...
  • Iconic Balti eateries in UK facing battle to survive

    The balti -- a curry of spices, coriander, onions, tomatoes and green peppers with meat or fish -- was created by Pakistani migrants to feed hungry customers from nearby pubs.
  • UAE aims to drive sustainable development with its new policy on energy market

    Dubai, UAE-- The UAE has set its sights on regulating the energy providers market as a step toward developing the country's energy infrastructure and enhancing environmental sustainability. The initiative is a vital component of a new policy that aims to ramp up investments in the energy sector, encouraging innovation, and...
  • How chocolate could counter climate change

    Biochar, a substance produced by heating the cocoa husks in oxygen-free environment, could be used to capture 2.6 billion of CO2.
  • ADNOC signs deals with 60 firms to produce key non-oil products in UAE

    Abu Dhabi, UAE - ADNOC signed deals with more than 60 UAE-based and international companies to locally manufacture key non-oil products in its supply chain, local media reports said. The deals were signed at the Make it in the Emirates Forum in Abu Dhabi, and bring ADNOC closer to its...
  • Dubai launches strategy to achieve zero emissions in public transport

    This aligns with UAE's preparations for COP28 and the UAE Net Zero by 2050 Strategic Initiative, and is a part of RTA's efforts to advance sustainability maturity levels in roads and transportation.
  • Gulf oil giants turn to start-ups in bid to promote carbon capture

    With little investment and few projects in operation around the world so far, the technology to capture carbon before it goes into the atmosphere as a potential global warming solution is currently nowhere near the scale needed to make a difference to global emissions.
  • KEZAD partners with SWS to build polished water plant

    By filtering and treating the Treated Sewerage Effluent (TSE), it will remove additional impurities and contaminants, generating non-potable water suitable for industrial use.
  • ADNOC, Baker Hughes partner to boost green hydrogen development

    Abu Dhabi, UAE - ADNOC and Baker Hughes announced Wednesday a deal to accelerate the development and commercialization of technology solutions for green and low-carbon hydrogen, as well as graphene. The agreement will see ADNOC collaborate with Baker Hughes as a strategic partner to study and pilot, the deployment of...
  • EU agrees to boost use of green aviation fuel to cut emissions

    Aviation emissions in Europe were on an upward curve of around five percent per year between 2013 and 2019, dropping off after that only because of travel curbs under the coronavirus pandemic. Those curbs are now largely lifted, and aviation traffic is bouncing back.
  • Up to $1.7 trillion investment needed for green aviation goals

    To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would require the amount of energy produced from 10-25 of the world’s largest wind farms, or a solar farm half the size of Belgium, WEF says.