Search Site

Trends banner

hydrogen

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.
  • Exports key target of GCC hydrogen strategies

    Clean hydrogen could be bigger than the oil and gas economy for the region, says Jo Bamford, chairman of HYCAP, which invests in net zero and hydrogen economy.
  • A greener globe requires a greener industry, says Chinese industry leader

    Beijing, China-- A greener globe requires a greener energy industry, which could definitely be represented by new quality productive forces such as green hydrogen, according to Baoshen Zhong, Chairman of LONGi Green Energy.China Economic Net quoted Zhong as saying, during the 2024 Two Sessions, that “Renewable energy, mainly photovoltaic and...
  • Egypt signs several MoUs with global developers in renewable energy

    Cairo, Egypt--Egypt has signed seven Memoranda of Understanding (MoUs) on Wednesday in green hydrogen and renewable energy with seven global developers with expected investments worth $41 billion over ten years, the Egyptian Government announced.Egyptian Minister of Planning and Economic Development Hala Al-Saeed said that the agreements represent a new step...
  • Doha Forum debates advantages in Gulf-Europe green ties

    Doha, Qatar-- Oil and gas producers in the Middle East are assessing "challenges and opportunities" available for their economies to grow while depending on hydrocarbon by working to enhance cooperation in the rapid transitions in the European energy field.The eagerness to make a transition toward clean energy and strike an...
  • Faster hydrogen production needed for energy transition: WTO

    Abu Dhabi, UAE-- In order to speed up the energy transition there must be a fast increase in the production of green hydrogen, according to a joint report by the International Renewable Energy Agency (IRENA) and World Trade Organisation (WTO).The report published on December 9 provides insights into global hydrogen...
  • Masdar eyes Europe for growth

    It wants to build a supply chain between UAE and Amsterdam.
  • Masdar and Emirates Steel Arkan partner to build green project to cut emissions

    Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Emirates Steel Arkan to develop a pioneering project utilising green hydrogen to reduce carbon emissions in the UAE's energy-intensive steel industry.Marking the first of its kind in the Middle East and North Africa region, this innovative project...
  • EU chief says union against ‘forced displacement’ of Palestinians

    Cairo, Egypt - European Commission President Ursula von der Leyen on Saturday said she was opposed to the "forced displacement of Palestinians" during a meeting in Cairo with Egyptian President Abdel Fattah al-Sisi.Von der Leyen "thanked Egypt for its key role in providing and facilitating humanitarian aid to vulnerable Palestinians", during...
  • ACWA Power signs deals

    It entered into seven solar, hydrogen agreements in China.
  • 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...
  • China-Arab States Expo kicks off, highlighting deep trade ties

    Yinchuan, China--The sixth China-Arab States Expo commenced today in Yinchuan, northwest China's Ningxia Hui Autonomous Region, marking yet another chapter in the ever-expanding economic and trade nexus between China and its Arab counterparts.Spanning a sprawling 40,000 square meters, the Expo boasts an offline exhibition arena with participation from over 1,000...
  • China to control half the world’s hydrogen electrolyser capacity

    China's installed electrolyzer capacity has jumped significantly in recent years, and is expected to reach 1.2 gigawatts –- 50 percent of the global capacity -- after having accounted for just 10 percent of the global capacity in 2020. Electrolyzers are devices used for the industrial separation of hydrogen and oxygen...
  • 70% of jet fuels at EU airports will have to be green by 2050

    Brussels, Belgium--On Wednesday, Members of European Parliament (MEPs) approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector.The RefuelEU aviation rules are part of the “Fit for 55 package”, the EU’s plan to reduce greenhouse gas emissions by at...
  • 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 Action...
  • Masdar City to have Middle East’s first high-speed hydrogen refueling station

    Abu Dhabi, UAE -- Abu Dhabi National Oil Company (ADNOC) has commenced the construction of the Middle East's inaugural high-speed hydrogen refueling station.The station, situated in Masdar City and spearheaded by ADNOC, will utilize an electrolyser powered by clean grid electricity to produce clean hydrogen from water.Hydrogen, a zero-emission fuel,...
  • UAE cabinet sets up ministry of investment, approves new strategies

    The new ministry will bolster the UAE's business aims and investment policies, apart from promoting its infrastructure as a global platform to attract investments in various sectors. The ministry will propose the general investment policies of the country in coordination with the relevant authorities, in addition to preparing strategies, legislation,...
  • Hyundai targets two million EV sales by 2030

    SEOUL, SOUTH KOREA - Hyundai Motor said on Tuesday it aims to sell two million electric vehicles a year by 2030, raising its target from the 1.87 million it set last year as the market for clean-energy vehicles continues to soar.It also announced plans to invest a total of 109.4 trillion won...
  • Swedish group to supply ‘green steel’ to Mercedes

    Stockholm, Sweden -- Sweden's H2 Green Steel company said Wednesday it would supply German car maker Mercedes-Benz with 50,000 tons of steel made without using fossil fuels as of 2025.The two companies also signed an agreement for the potential supply of green steel produced in North America.H2 Green Steel, whose first...
  • 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.
  • Technology helps accelerate industrial decarbonization

    There are three main pillars to this approach: transforming existing industries with advanced technologies, creating the green industries of the future, and decarbonizing hard-to-abate industries. We believe that with the right enablers—policy, technology, access to finance, and partnerships—we can achieve climate targets, she adds.
  • 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 innovative...
  • 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.
  • ADNOC, Japan sign deal to bolster low-carbon hydrogen value chain

    Tokyo, Japan--Abu Dhabi National Oil Company has signed two agreements with Japanese partners to strengthen the low-carbon hydrogen value chain between the UAE and Japan.The signing of the deal was witnessed by the UAE’s Minister of Industry and Advanced Technology Sultan Al Jaber and Japan’s Minister of Economy, Trade and Industry NISHIMURA Yasutoshi.The...
  • DEWA wins Hydrogen Project of the Year Award for green transition

    Dubai, UAE - Dubai Electricity and Water Authority (DEWA) has won the Hydrogen Project of the Year 2023 Award for its green hydrogen project aimed at promoting the transition towards renewable and clean energy at the Hydrogen Future Awards 2023.The Hydrogen Future Awards was organized during the "Connecting Green Hydrogen...
  • Japan allots US$1.6bn to contentious Australia hydrogen project

    In a statement, HESC said the project has entered its commercial demonstration phase with money from Japan's Green Innovation Fund, which will be used to design and build facilities to liquefy and ship hydrogen from Australia's Victoria to Japan. The project aims to produce and liquefy hydrogen from a type...
  • DEWA, ENOC sign MoU

    Aim is to develop hydrogen-based mobility pilot project.
  • ‘Saudi to invest US$266bn in cleaner energy’

    Saudi Arabia plans to invest more than US$266 billion to produce cleaner electricity and expand its power grid, the kingdom's energy minister said. Speaking at a forum organized by Saudi oil giant Aramco, Prince Abdulaziz bin Salman said the world's biggest crude exporter was also looking to become a global...
  • Saudi Arabia and Japan bolster energy ties, sign new deals

    Seeking to deepen energy ties, Saudi Arabia and Japan have signed two sets of cooperation agreements in the fields of hydrogen, fuel ammonia and carbon recycling. The agreements were the latest in Japan's efforts to develop its large-scale supply chains of hydrogen and fuel ammonia in the Middle East.
  • Dubai conference explore ways to nullify environment challenges

    This is especially important with the ongoing preparations for the UAE to host the 28th Conference of the Parties by the United Nations Framework Convention on Climate Change (COP28).
  • Sonatrach signs deal with VNG AG to boost ties in hydrogen sector

    Algiers, Algeria-- Sonatrach of Algeria and VNG AG of Germany have signed a memorandum of understanding for the construction of the first green hydrogen plant in the North African country.The MoU was signed on the sidelines of the fourth Algerian-German Energy Day in Algiers. The deal was signed between Sonatrach,...
  • With growing trade, energy ties, Germany and UAE look forward to hydrogen future, says envoy

    “The UAE is Germany's most important trading partner in the region, with German exports to the UAE totalling US$8.4 billion in 2021. And for the year 2022 [first 9 months], Germany's imports from the UAE increased 67 percent year-on-year, already reaching US$1.3 billion,” adds Alexander Schönfelder.
  • BEEAH inks three-way pact

    The three firms will produce fuel cell grade hydrogen from waste.
  • Six years later, Saudi King Salman and China’s Xi sign comprehensive strategic partnership agreement

    Beijing is ready to expand its crude oil trade with Riyadh and will "list Saudi Arabia as a destination country for outbound tourism organized by Chinese citizens, says Xi Jinping.
  • SABIC signs pact with Aramco, PKN ORLEN

    They will study feasibility of Polish petrochemical sector investment.
  • EIC calls UAE as the leader in renewable energy sector

    London, UK --The Energy Industries Council (EIC), one of the world’s largest energy trade associations, has released a report on the state of the UAE’s energy industry, showcasing the country’s energy mix and its leading position in renewable energy sector. “The UAE offers a great mix of energy projects for...
  • ENOC, IHI sign low-carbon ammonia and hydrogen supply chain agreement

    Green ammonia, which can be achieved by combining and reacting green hydrogen and nitrogen at high temperatures and pressures, can potentially reduce global carbon emissions and be used within the transportation, power generation and industrial sectors. 
  • Saudi Arabia, UAE say global investments required for oil production

    Saudi Arabia and the United Arab Emirates said the world needs to keep investing in oil production, just days before the COP27 climate summit aimed at curbing global warming. Sultan Al Jaber, the head of UAE oil giant ADNOC, warned that under-investment could cause a shock to the world economy.
  • UAE-UK partnership may unlock potential of clean hydrogen, boost economy, create 200,000 new jobs

    The latest WGEO study is part of "our efforts to support the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Emissions Strategy 2050 to provide 100 percent of the energy production capacity from clean energy sources by 2050", adds Chairman Saeed Mohammed Al Tayer.
  • ACWA Power to start Oman project

    It will build the $7bn project with Oman and a US firm.
  • Spain says new gas pipeline may take 7 years to build

    A planned underwater energy pipeline linking Barcelona in Spain and Marseille in France could take up to seven years to build, Spain's energy minister said.
  • Sustainability key focus of GCC automotive industry

    Current trends in the automotive sector such as zero-emission vehicles and carbon-neutral manufacturing demonstrate the growing importance of sustainability, says a key BMW Group Middle East official.
  • NASA delays rocket launch to moon due to fuel leakage

    After the latest delay, there are backup opportunities on Monday or Tuesday. After that, the next launch window will not be until September 19, due to the Moon's position.
  • Clean energy is key for Indonesian economy, says IEA

    Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its citizens in the process such as more secure and affordable energy supplies, according to a new IEA report.
  • Hydrogen policy will help UAE in generating clean energy

    Abu Dhabi Department of Energy (DoE) Monday announced that the development of its hydrogen policy and regulatory framework aims to accelerate the UAE’s national hydrogen strategy and help the country attain global leadership in low-carbon and clean hydrogen.
  • Germany to partner with Egypt to build hydrogen economy

    Germany is looking to partner with Egypt to build the hydrogen economy as Europe seeks to diversify away from its current reliance on Russian gas.
  • European Union seeks to prepare arrival of ‘zero-emission’ aircraft

    The European Commission called Friday on the members of the aviation sector to join an alliance to prepare for the advent of carbon-neutral aircraft. It envisages the Alliance for Zero Emission Aviation alliance including representatives of aircraft manufacturers, airlines, airports, energy companies and fuel providers, as well as passenger and...
  • UAE joins global clean energy partnership body

    The partnership will enable access to a global hydrogen knowledge database and encourage cooperation with related initiatives and concerned entities.
  • Egypt, European Union review cooperation on climate and energy challenges

    Egypt and the European Union have reviewed and discussed enhanced cooperation on climate, energy and industrial transformation challenges ahead of COP27 in Egypt later this year. On Wednesday, on the occasion of the visit of European Commission President Ursula von der Leyen and her meeting with Egyptian President Abdel Fattah El...
  • NEOM subsidiary sets up Hydrogen and Innovation Development Center

    ENOWA, the energy, water and hydrogen subsidiary of NEOM, has established the region's first Hydrogen and Innovation Development Center (HIDC). Located in NEOM’s advanced manufacturing and innovation city, the new facility aims to accelerate lab to market solutions and business development across the spectrum of hydrogen, green fuel production, utilization...
  • ADNOC to collaborate with Germany for clean hydrogen

    Abu Dhabi National Oil Company (ADNOC) has entered into a partnership with German counterparts to speed up collaboration in clean hydrogen.