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.

Riyadh, Saudi Arabia -- Saudi Arabia's General Authority of Ports, known as Mawani, has joined forces with Albanova International Company, in collaboration with Taraf Al-Aghar Company, to establish an SAR 2 billion ($533 million) integrated center for the storage of petroleum products. This initiative is part of a project aimed...

Paris, France--Investment in clean energy across the world is expected to rise to US$1.7 trillion in 2023, with solar set to eclipse oil production for the first time, according to a report by the International Energy Agency. The report noted that Investment in clean energy technologies is significantly outpacing spending...

Globally, around 14 percent of food produced is lost between harvest and retail, while an estimated 17 percent of total global food production is wasted, UN says.

DUBAI, UAE  - DEWA has completed 76.8 percent work on the water reservoir project in Hatta. The project has a storage capacity of 30 million imperial gallons (MIG) and is being built at a cost of approximately US$23 million (AED86 million). It is expected to be completed in April 2023....

DUBAI, UAE -  The Dubai Electricity and Water Authority (DEWA) under-construction pumped-storage hydroelectric power plant site in Hatta is 58.48 percent complete. This is the first station of its kind in the GCC, with investments of up to US$387 million (AED 1.421 billion). The project is planned for completion in...

Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake of the Ukraine war, the International Energy Agency warned. The IEA said the shortfall would occur if Russia stops pipelines deliveries completely and China steps up its imports of liquefied...

Saudi Arabia is looking to enhance wheat storage capacity in the kingdom by building new silos. Once it is done the capacity will go up to 120,000 tons.

Its CEO said the center will store imported edible oil.

The numbers come from a quarterly statistical report released on Sunday by the Department of Statistics.

The Egyptian government has partnered with the German energy storage firm H2 Industries to set up a green hydrogen plant in the country.

For net-zero, carbon-capture tech cannot spend another decade on the sidelines of climate mitigation efforts, said the IEA.

Amazon, the US e-commerce giant, has announced that it would add 1,500 jobs in the United Arab Emirates to cope with the potential hike in demand as it seeks to expand its presence in the country.

DUBAI: The Dubai Investment Development Agency (Dubai FDI), the investment promotion agency of Dubai Economy, has said Amazon Web Services’ plans to open data centers in the UAE in 2022 will give organizations access to advanced cloud services and technologies to drive innovation. The new AWS Middle East (UAE) Region...