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UAE partners with Japan to drive low carbon tech

The UAE and Japan are partnering on economic and energy opportunities in a bid to drive global low-carbon technologies, including studying the development of a hydrogen supply chain between the two countries. Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, Special Envoy for Climate Change, and Abu Dhabi National Oil Company (Adnoc) managing […]

Person, Human, Clothing

South Korean companies to build $1bn green hydrogen plant in UAE

Three South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates, their UAE partner said on Friday. Korea Electric Power Corporation, Samsung C&T Corporation and Korea Western Power, alongside the UAE’s Petrolyn Chemie, will build a plant that can produce up to […]

How Oman’s sultan is reshaping the nation

Omanis went into three days of mourning after the death of Sultan Qaboos bin Said in January 2020. When they reemerged with a new leader in Qaboos’ first cousin, Sultan Haitham bin Tariq, the oil-rich country was unaware that two waves of crises were looming on the horizon. A sudden dip in oil prices soon […]

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Saudi oil giants lead on march to net zero

Aramco and Sabic commit to big investments in technology to combat emissions from hydrocarbons Oil industry heavyweights from Saudi Arabia have pledged to pursue a green energy transition against a backdrop of robust energy prices, with Brent currently hovering at around $110 a barrel of oil. Officials from Saudi Aramco and Saudi Basic Industries Corporation, […]

Adnoc facility at Ruwais

Abu Dhabi and Britain sign deal to fuel global hydrogen push

Adnoc’s deal to develop clean hydrogen with British giant BP and renewable energy firm Masdar is a “landmark agreement” that will accelerate the global transition towards a sustainable future, industry experts have said.  As part of the partnership announced on Tuesday, Adnoc (Abu Dhabi National Oil Company) and BP have advanced to the design phase […]

City, Town, Urban

‘We’re serious about net zero’ says Saudi’s PIF chief

PIF establishing new hydrogen company Fund plans to develop 70 percent of renewable energy targets Kingdom to phase out almost all liquids Saudi Arabia’s Public Investment Fund (PIF) is committed to achieving its goal of developing 70 percent of the kingdom’s renewable energy by the end of the decade, PIF’s governor confirmed today. Despite it […]

Inside NEOM: Saudi’s $500bn smart megacity

Arguably the most ambitious project taking shape in the kingdom is NEOM, a vast region in the northwest of the country that is slowly being transformed into a vision of the future. At the heart of Crown Prince Mohammed bin Salman’s drive to diversify the country’s economy, it is being built at an estimated cost […]

Abu Dhabi’s $2bn green energy splash will deepen India ties

Abu Dhabi-based International Holding Company PJSC’s (IHC) AED 7.3 billion ($2 billion) investment in Indian multinational conglomerate Adani Group takes the UAE-India partnership to “a different level” with more deals on the horizon, market observers said.  IHC provided capital to Adani Green Energy, Adani Transmission, and Adani Enterprises, which are all listed on the Bombay […]

Oman: the next hydrogen energy superpower

With lengthy daytime sun, strong overnight winds and an accessible coastline, H2 investors and developers have long admired Oman, dubbed a “future renewable superpower,” by green energy titans. The government has noticed their admiration, and is looking to hydrogen to help power the oil-rich country’s energy grid and recharge its fossil fuel-reliant economy.  Since announcing […]