Speaking at the Middle East Green Initiative Summit in Riyadh, BlackRock chairman and CEO Larry Fink predicted the next 1,000 global companies valued at more than one billion dollars will be sustainable companies. Mr Fink said: “It’s my belief that the next 1,000 unicorns – companies that have a market valuation over a billion dollars […]
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Aramco joins partnership to support transition to sustainable fuels
Aramco has today signed Memorandums of Understanding (MoU) with P1 Racing Fuels and WRC Promoter GmbH, the commercial rights owner of the FIA World Rally Championship (WRC), to support the global motorsport series in its purpose-driven transition towards sustainable motorsport and mobility. In line with Aramco’s focus on sustainability and low-carbon fuels, the Company is […]
Posted inEnergy Transition
Natural gas: Reliable and affordable fuel for sustainable recovery
The key to the success of economic recovery plans is to integrate socio-economic factors such as job creation with climate change issues
Having access to clean, reliable, and affordable energy sources is essential to improving the welfare of societies. However, a significant portion of the global population doesn’t have access to electricity and clean cooking methods, and the pandemic has exascerbated the situation. Moreover, energy project delays and investment contraction during the pandemic add further risks to […]
Posted inProducts & Services
Sustainable construction is the future for net zero
77% of firms who are aiming to reach net zero before 2030, require a major shift in real estate strategy, report suggests.
Posted inProducts & Services
King Salman Energy Park wins US award for sustainable building
The King Salman Energy Park (SPARK) has been awarded for the Middle East in recognition of its environmentally friendly approach to construction and development
Posted inProducts & Services
Oil and gas industry charts course to achieve the Sustainable Development Goals
IPIECA-WBCSD SDG Roadmap for the oil and gas sector provides over 90 transformational actions the sector can take to accelerate the realisation of the UN Sustainable Development Goals
Posted inProducts & Services
New paradigms of sustainable value in 2021
The pandemic has placed renewed emphasis on the urgency of the energy transition and sustainability measures
Posted inProducts & Services
Oil and gas industry has ‘historic opportunity’ to push for sustainable future: UK minister
$15 trillion-worth of investment expected to be made in new power capacity globally by 2050
Posted inProducts & Services
Saudi Aramco marks world’s first blue ammonia shipment opens new route to a sustainable future
40 tons of high-grade blue ammonia already dispatched for use in zero-carbon power generation, a successful demonstration of the supply network from Saudi Arabia to Japan
Posted inProducts & Services
UAE plans for greater energy efficiency can push region to a sustainable future
Public and private sector efforts held up as benchmark during thought-leading session titled ‘Decarbonisation and Sustainable Development Goals’