Posted inEnergy Transition

KSA Crown Prince sets national net zero emissions goal for 2060

Crown Prince Mohammed bin Salman Al Saud has launched the first set of Saudi Green Initiatives

Crown Prince Mohammed bin Salman Al Saud, the Head of the Higher Committee for the Saudi Green Initiative (SGI), launched the first set of SGI environmental initiatives at its inaugural annual forum. SGI will also monitor the impact of initiatives that have been previously announced. In his opening remarks, HRH the Crown Prince announced a […]

Posted inEnergy Transition

QatarEnergy and Shell to partner on UK hydrogen projects

QatarEnergy and Shell signed their first agreement surrounding hydrogen on the sidelines of the UK Global Investment Summit

QatarEnergy and Shell have signed an agreement to pursue joint investments in blue and green hydrogen projects in the United Kingdom. The partners will target integrated and scalable opportunities in key sectors where hydrogen could help decarbonize, especially around industrial cluster development and also for the transport sector, with a focus on the London metropolitan […]

Posted inEnergy Transition

Dubai takes steps forward on energy circular economy

The Dubai Supreme Council of Energy has launched the Circular Economy Committee, which will bring public and private entities together to boost the circular economy

The Dubai Supreme Council of Energy launched the Circular Economy Committee, which aims to bring private and public entities together to push cleaner energy applications, according to a statement posted by UAE state news agency WAM. “We aim to develop and launch innovative tools and initiatives in collaboration with our strategic partners to promote the […]

Posted inEnergy Transition

How the oil and gas industry can turn climate-change ambition into action

As the stewards of GCC economies, NOCs have a great responsibility to help turn climate change ambitions set by governments into action

National oil companies (NOCs) in the GCC have started to articulate ambitious plans to reduce the greenhouse-gas (GHG) emissions from their operations, which are also part of national agendas against climate change. These goals are challenging, and require NOCs to turn these ambitions into actions. At the same time, NOCs must manage perceptional and commercial […]

Posted inEnergy Transition

Natural gas is the answer to energy crunch and transition

Yury Sentyurin, Secretary General of the GECF, commented on the role of gas in the energy transition at the Russian Energy Week

The current energy crunch around the world and the intensifying climate change debate serve to highlight the serious need to embed natural gas as part of a long-term solution to energy market stability and transition, HE Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF) said at the Russian Energy Week (REW). On […]

Posted inEnergy Transition

Green hydrogen to drive Latin America and Caribbean green energy agenda

The region is well-positioned for a green hydrogen boom

The Latin America and the Caribbean (LAC) region is well positioned to participate in the burgeoning hydrogen market, which will play an important role in the coming decades in the global transition to greener energy, according to GlobaData, a leading data and analytics company. GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes […]

Posted inEnergy Transition

Partnerships pivotal for zero-carbon shipping: Uniper Dubai MD

Lars Liebig, Managing Director, Uniper Energy Dubai, comments on the need for partnerships to enable zero-carbon shipping

There is no doubt that ammonia and methanol are in the race to be the most viable zero-carbon bunker fuels in the global shipping industry. When you consider the rapid acceleration of the world’s transition to a greener future and that shipping facilitates 90% of the world’s traded goods, the importance of these budding markets […]

Posted inEnergy Transition

Gas to drive realistic energy transition

HE Yury Sentyurin, Secretary General of the GECF, comments on the role of gas in the energy transition

With such significant events as the G20 Environment, Climate and Energy Ministerial Meeting, the first ever UN High-level Dialogue on Energy and the two-years-long awaited UNFCCC COP26 in Glasgow, United Kingdom next month, 2021 has been dubbed as a year that will ‘make it or break it’ on climate action. Coming on the back of […]

Posted inEnergy Transition

Exclusive Q&A: Engineering the energy transition

Rachel Clingman, McDermott’s Executive Vice President of Sustainability and Governance at McDermott, answers our questions about engineering the energy transition

What are McDermott’s priorities in relation to the energy transition?We have a number of priorities based on the belief that multiple avenues will be needed to decarbonize capital infrastructure at scale and at the pace required while maintaining accessibility and affordability. We are actively partnering with clients and other innovators in five areas where we […]

Posted inEnergy Transition

Natural gas and renewables partners in decarbonisation: Minister Al-Kaabi

Al-Kaabi stressed the role of natural gas in the energy transition

Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum, stressed the importance of collaboration between all concerned to help mitigate the effects of climate change. Speaking at the First Asia Green Growth Partnership Ministerial Meeting held virtually from Tokyo with the participation of Asian energy ministers, His Excellency […]

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