Search Site

Trends banner

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Saudi Arabia and Netherlands discuss export of clean hydrogen to Europe

  • The two also discussed the kingdom's efforts in clean energy and climate change through its local and regional initiatives
  • In a separate meeting, the Saudi Foreign Minister Prince Faisal bin Farhan and the Dutch minister reviewed the bilateral relations between the two nations

Riyadh, Saudi Arabia— Saudi Arabia and the Netherlands have discussed the possibility of exporting clean hydrogen from the kingdom to Europe.

In this regard, Energy Minister Prince Abdulaziz Bin Salman met with the Deputy Prime Minister and Minister of Foreign Affairs of Netherlands Wopke Hoekstra in Jeddah.

The meeting also touched on the Kingdom’s efforts in clean energy and climate change through its local and regional initiatives, the Saudi Green Initiative and the Middle East Green Initiative. 

The Dutch minister also met with the Saudi Foreign Minister Prince Faisal bin Farhan to review Saudi-Dutch relations. 

The ministers discussed current regional and international developments, including the Russian-Ukrainian war and international efforts to find a political resolution to achieve peace and security. 

Deputy Minister of Political Affairs at the Ministry of Foreign Affairs Saud Al-Sati also attended the meeting. 

The Saudi and Dutch foreign ministers have met multiple times over the years, with the most recent meeting occurring on the sidelines of the Munich Security Conference in Germany on Feb. 18. 

On May 31, Prince Faisal and Hoekstra had a phone call during which they discussed international efforts to salvage the oil tanker FSO Safer, a ship currently moored 4.8 nautical miles off the coast of Yemen’s Hodeidah governorate that has been deteriorating and could lead to a massive oil spill or explosion.