Environment

UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts

Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects

Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices

Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously

Saudi Arabia’s 1,200-station renewable energy mapping project aims to accelerate clean power goals

The stations seek to measure solar and wind energy across all regions of the Kingdom

Saudi Arabia boosts maritime sustainability with new multimillion-dollar waste recycling plant in Jeddah

The project, valued at $8 million, will cover an area of 10,000 square meters

Global energy demand reaches new high in 2023, fossil fuels maintain dominant share: Report

Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023

Emirates’ green aviation initiative slashes fuel burn by 48,000 tons, cuts carbon emissions by 151,000 tons

The airline has equipped its pilots with the latest tools and applications to monitor and optimize their flight performance

Abu Dhabi’s KEZAD, Astha Biotech sign lease agreement for $12 million microalgae plant in the emirate

The deal will enable the launch of the UAE's first microalgae company for health, cosmetics, food, and aquaculture

UAE’s ADDED partners with Broaden Energy to establish $272.2 million hydrogen manufacturing hub in Abu Dhabi

The new investment will create new job opportunities and stimulate economic development through innovative industrial solutions

Abu Dhabi’s environment agency joins UAE Alliance for Climate Action Advisory Committee

As an Advisory Committee member, EAD will provide high-level strategic and technical guidance based on its sectoral expertise

Saudi Aramco, NextDecade sign 20-year LNG supply deal

Aramco to purchase 1.2 MTPA of LNG from NextDecade's Rio Grande Terminal under proposed agreement

Abu Dhabi’s Etihad Airways carries 1.5 million passengers with 84 percent load factor in May 2024

The airline had seen a 38 percent year-to-date increase in passengers, said CEO

Azerbaijan confirmed as host of COP29

The COP29 Presidency has made significant progress and will be ready to deliver a world-class event, said COP29 President-Designate

Digital technology: A catalyst for sustainable energy practices in the GCC region

How AI, process optimization and digital grid solutions are changing the game

Upstream oil and gas investment needs to rise 22 percent by 2030 to meet surging demand, $4.3 trillion required: Report

Global upstream oil and gas capital expenditure is expected to grow by $24 billion this year 

UAE President highlights sustainability initiatives, environmental proposals on World Environment Day

Sheikh Mohamed met with entrepreneurs, youth, and officials in Abu Dhabi to discuss environmental initiatives and sustainability ideas

Abu Dhabi’s Masdar, Azerbaijan sign 1GW renewables deal

Al Jaber: "A key pillar of the historic UAE Consensus is the goal of tripling renewable energy capacity by 2030"

COP28 President calls for deeper collaboration between AI and energy sectors to drive climate action

COP28 Presidency and the UAE will work closely with Azerbaijan's COP Presidency to ensure COP29 builds on the outcomes of Dubai, the minister said

SAF production to triple to 1.5 million tons by 2024: Report

Around 140 SAF projects are planned by 2030, the report said

UAE Ministry of Energy and Infrastructure, Technology Innovation Institute to build 3D maps of the nation’s mineral, renewable resources

The agreement seeks to explore and utilize untapped renewable and mineral resources in line with UAE's Net Zero 2050 Strategy

Qatar’s $2.5 billion green bond issuance draws over $14 billion in bids, 5.6 times oversubscribed

The bonds are divided into two tranches and aim to fund environmentally friendly projects

Global carbon pricing revenues reach record $104 billion in 2023: Report

The report found that there are now 75 carbon pricing instruments in operation worldwide

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment

PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy

Global market for energy transition minerals forecast to reach $770 billion by 2040: Report

The market value of key energy transition minerals is around $325 billion