World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food and Agriculture Organization said. The FAO's cereals price index fell 15.4 percent last year, "reflecting well supplied global markets" compared to 2022, when prices soared after Russia's invasion of Ukraine,...
Mubadala, Petrobras sign MoU
The two parties will explore potential investment in a biofuel project.
ADNOC Distribution to go for 25 percent cut in carbon intensity by 2030
ABU DHABI, UAE - ADNOC Distribution on Friday announced plans to reduce its carbon intensity by 25 percent by 2030. This will be implemented by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value. Central to ADNOC Distribution's enhanced sustainability...Egypt to launch project for capturing and storing carbon di oxide
There will be a total of three projects on which Egypt and the Italian company Eni will work together.
Red Sea Development Company to use biofuel for all tourist facilities
The company has chosen MAN Energy Solutions to provide 25 sets of biofuel generators for the sustainable tourism destination.
UAE residents can recycle used cooking oil at Bee’ah Tandeef machines
Waste management and environment company Bee’ah Tandeef has launched a service that allows people to recycle used cooking oil so that it doesn't end up in drains and pollute the environment. Used cooking oil is usually poured down the drain and ends up clogging plumbing systems, and ultimately leads to...
