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...
Business
ADB plans to invest US$100bn to maximize climate impact
MANILA, PHILIPPINES - Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB)...
Economy
Abu Dhabi-backed solar complex to power 158,000 facilities in Togo
ADFD reportedly provided a concessionary loan of $15 million (AED55 million) to finance the project The plant, located in Blitta...
Consortium featuring Qatar Petroleum wins 2 offshore exploration blocks in Suriname
The consortium now has the rights to explore Blocks 6 and 8 adjacent to the prolific Block 58 discoveries Qatar...
Arab countries vie with each other in $200 billion green hydrogen race
With its abundant sunlight and wind resources, the Middle East could be the hub of renewable energy The...
Iraq hopes to build 8 nuclear power reactors by 2030
The decision to go nuclear is geared to reduce the country’s external energy dependence Iraq currently uses electricity,...
Sharjah sees Al Hamriyah plant work over 80% completed
The plant has a gas turbine with a production capacity of 400 MW It also has a heat recovery boiler...
Energy minister signals end of petrol subsidy
The subsidy on petrol in Lebanon may eventually be ended Energy Minister Raymond Ghajar said it was unsustainable The subsidy...
Egypt to have electric cars on its roads by next year
Thirteen imported electric vehicles will be tested on Egyptian streets from next month The plan is in line with the...
ACWA to build Central Asia’s largest single-site wind farm in Uzbekistan
The 1500MW plant expected to cater to power needs of about 4 million households *ACWA Power also has a 1500MW...
Morocco aims to be a major green hydrogen producer in the region
Morocco to transition to renewable source of energy The country will team up with the Abu Dhabi-based International Renewable...
DEWA to add additional 600MW of clean energy capacity to Dubai’s energy mix in 2021
The technologies fueling this expansion are photovoltaic solar panels and concentrated solar power or CSP The move will increase DEWA’s...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
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...
Business
Company News
France and Morocco mend ties after visa spat
Geostrategy
Latest News
Aramco seeks to become China’s all-inclusive energy, chemicals source
Beijing, China - Saudi Arabia's Aramco said it wants to be an all-inclusive source of energy and chemicals for China’s...
Business
DEWA, UAE energy ministry discuss cooperation for clean energy goals
DUBAI, UAE - MD & CEO of the Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed consolidating...
Business
UAE urges investment, action for water sustainability at UN meet
DUBAI, UAE – UAE Minister of Climate Change and Environment Mariam bint Mohammed Almheiri emphasized the importance of collaboration, data...
Science
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Geostrategy
UAE highlights food, energy insecurity at G20 Finance Track meeting
CHENNAI, INDIA - The UAE spoke on food and energy insecurity and their implications in the second Framework Working Group...
- The UAE delegation highlighted emerging uncertainties in the finance sector.
- The delegation discussed effective ways to promote global financial stability.
Science
EU, Germany reach deal on fossil fuel car phaseout
BRUSSELS, BELGIUM - The European Union and Germany on Saturday said they had struck a deal after a dispute over the...
- A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc's ambitious plan to become a "climate-neutral" economy by 2050.
- Germany demanded that the EU provide assurances the law would allow the sales of new cars with combustion engines that run on synthetic fuels.
Geostrategy
Denmark asks Nord Stream owner to help recover mystery object
COPENHAGEN, DENMARK - Denmark has invited the Russian-controlled operator of the Nord Stream 2 pipeline to help recover a mystery object...
- Russian energy giant Gazprom holds a majority stake in the twin pipelines, with the rest owned by German, Dutch and French companies.
- The Danish energy agency released a photo of the cylindrical object standing near the Nord Stream 2 pipeline at the bottom of the sea.