Middle East

Parties attending COP29 in Baku have agreed strong standards for a centralised carbon market under the UN.

Cross-geography policies on carbon capture, utilisation and storage (CCUS) are not yet strong enough to drive the number of projects needed for the cement industry to be on track to meet Net Zero by 2050.

Innovative financing solutions and levies on fossil fuel producers including shipping and aviation industries should be introduced to spur climate financing, according to UN Secretary-General António Guterres.

QatarEnergy recently inaugurated four conventional-size LNG vessels built in the Samsung Heavy Industries Shipyard and Hanwha Ocean Shipyard in the Republic of Korea.

Negotiations are underway for additional offtake at the NEOM green hydrogen megaproject in Saudi Arabia which would exceed the production of the facility, according to CEO Seifi Ghasemi.

Air Products recorded a 65% jump in net income to $3.9bn in its 2024 full-year consolidated results, fuelled by the $1.2bn after-tax gain from the sale of its former LNG business at the end of...

Advanced Thermovoltaic Systems has received $1m funding from The Earthshot Prize to scale its technology which captures industrial waste heat and converts it into electricity.

Abu Dhabi National Oil Company’s (ADNOC) has signed a 15-year liquefied natural gas (LNG) sales and purchase agreement with Germany’s SEFE.

The UAE has awarded $2bn-worth of EPC contracts to develop a new chemicals port and low-carbon supply chain.

ADNOC and 44.01 have announced plans to scale up their carbon-to-rock project in the Emirate of Fujairah, following the successful completion of their pilot, in partnership with the Fujairah Natural Resources Corporation (FNRC) and Abu...