Aramco’s ambition is to create an LNG business that is tied to trading and can fully realise offtake value – and it is taking a similarly firm stance with hydrogen and ammonia.
The key challenges facing the Middle East energy industry are optimising energy production while reducing emissions, increasing renewable energy capacity, developing green hydrogen and ammonia production, and upskilling local workforces to drive self-sufficiency, according to...
The resources-rich Middle East can draw on its energy history and nurture its drive to build partnerships to drive the hydrogen economy and energy transition, delegates attending today’s Industrial Gases in the Middle East gasworld...
Gulf Co-operation Council (GCC) countries can become clean energy hubs connecting Europe, Asia and Africa, according to European Commission President Ursula von der Leyen.
Saudi Arabian energy and chemicals giant Aramco has signed definitive agreements to acquire a 50% stake in Air Products Quadra’s (APQ’s) blue hydrogen industrial gases business.
Saudi Arabian oil and gas giant Aramco has signed a 20-year liquefied natural gas (LNG) sales and purchase agreement with NextDecade Corporation.
The European Commission is awarding nearly €720m to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.
Aramco’s net income totalled $121.3 billion in 2023, down from $161.1 billion in 2022.
Gulf Cooperation Council (GCC) project contracts doubled to $209bn in 2023, according to MEED data.
Global consulting and engineering company Wood has recorded milestone growth in the Middle East region having secured $850m in contract wins over the last 12 months.
