The move is part of the kingdom’s efforts to built the world’s largest green hydrogen-based ammonia production plant for the futuristic city
Hydrogen
ACWA Power
Saudi NEOM’s funding for $5bn green hydrogen plant ‘almost done’, says ACWA
The project, valued at $5billion, has begun construction in the north-west of kingdom, and is “very much on track” to be finished by 2026
ADIPEC
UAE holds talks with BP, Inpex to drive greater cooperation in lower carbon energy solutions
The meetings followed the 8th Abu Dhabi CEO Roundtable – which brought together 35 energy leaders from around the world – to discuss how to deliver energy security while providing equitable access to energy, and climate progress
Abu Dhabi
Abu Dhabi’s ADNOC ships low-carbon ammonia cargo from UAE to Germany in hydrogen push
The demonstration cargo will be delivered Germany’s largest copper producer Aurubis, but will be handled by logistics company Hamburger Hafen und Logistik (HHLA) on arrival
Egypt
Saudi’s Alfanar and SCZone launch $3.5 billion green hydrogen project in Egypt
This is in line with the Middle East Green Initiative launched by Crown Prince Mohammed Bin Salman and Alfanar’s trailblazing vision for the energy transition industry.
Energy
Saudi Arabia’s Aramco, SABIC ‘global leaders’ for blue hydrogen and ammonia production
The two companies received the world’s first TÜV certificate, marking a “major milestone” in the development
ACWA Power
South Korean steelmaker Posco taps Acwa Power to decarbonise its manufacturing processes
Posco Group earlier said it wants to produce 500,000 tonnes of hydrogen by 2030
clean energy
UAE delegation heads to Germany for clean energy talks
The two countries launched a partnership in 2017 to promote discussions about energy security, and to create a framework for cooperation in energy transition
clean energy
UAE becomes first Middle East nation to join IPHE global initiative on hydrogen and fuel cell tech
Joining the international initiative will support the UAE’s long-term policies related to energy and hydrogen, and attract foreign investments, a UAE Ministry of Energy official said
energy investments
Moving to a green Middle East can usher in a new model of growth
Regional leaders are at a ‘crucial crossroads’ as they foster more sustainable economies while addressing the implications of energy transition
Abu Dhabi
Abu Dhabi’s Department of Energy partners with Canadian province to boost sustainable energy
The collaboration focuses on four key areas of sustainable energy including carbon capture, hydrogen and small modular reactors
carbon emissions
Oil demand could peak by 2025 as energy transition gains steam
Global warming is projected to exceed 1.7°C by 2100, necessitating more ‘ambitious acceleration,’ to reach a 1.5°C pathway, McKinsey report indicated
AB In Focus
AB Talks: The Middle East energy transition is not a “zero sum game” and needs to be more inclusive
Dr Ahmed Ali Attiga, the CEO of the Arab Petroleum Investments Corporation (APICORP) talks to Arabian Business about energy diversification strategies, private sector partnerships, the repercussions of the Russia-Ukraine crisis, and other challenges facing the energy sector in 2022
circular carbon economy
NEOM’s ENOWA creates region’s first hydrogen innovation centre to boost lab-to-market clean energy solutions
The ENOWA facility will be a testing ground for new technologies in the clean energy industry, as well as a collaborative learning community for research institutions
David Malpass
Countries in the MENA region must create 300 million jobs to protect social stability: World Bank President
The MENA region should focus on deepening trade relationships, labour and capital mobility, investing in knowledge, and enabling a strong business environment, the World Bank President said
Atlantic Council Global Energy Forum
Why greater investments in oil and gas are needed to protect the economy from the impact of energy disruption
‘Annual investment in oil and gas is $200bn below where it needs to be, and that is just to keep up with demand through 2030,’ said UAE Minister of Industry and Tech
Brand View
Hydrogen: Fuelling the Middle East’s clean energy ambitions
As countries in the region set ambitious targets to curb carbon emissions, green hydrogen has an important role to play in this renewable energy mix