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Collaboration

ADNOC Gas and JERA Global Markets ink $500-700 million LNG supply deal

UAE’s integrated gas processing company ADNOC Gas has announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED 1.8 billion) and $700 million (AED 2.5 billion), with JERA Global Markets, a trading subsidiary of Japan’s energy major JERA. ADNOC Gas said the

about 3 years ago

North Field off Qatar; Source: QatarEnergy LNG

Collaboration

TotalEnergies and QatarEnergy strengthen ties with 27-year LNG supply deals to bolster France’s energy security

QatarEnergy has inked two long-term LNG sale and purchase agreements (SPAs) with TotalEnergies for the supply of up to 3.5 mtpa of LNG.

about 3 years ago

Collaboration

India and Saudi Arabia ally on clean hydrogen

On the sidelines of the MENA Climate Week in Riyadh, India and Saudi Arabia have signed a memorandum of understanding (MoU) in the fields of electrical interconnections, green/clean hydrogen and supply chains. Specifically, the MoU aims to establish a general framework for cooperation between the tw

about 3 years ago

Collaboration

In focus: Is natural gas crucial element of energy transition?

With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transi

about 3 years ago

Collaboration

Maritime stakeholders call for safe ammonia use

Stakeholders in the shipping industry have collaboratively addressed the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel. Specifically, the stakeholders called for safe ammonia use during an event held on October 4, 2023, in Copenhagen,

about 3 years ago

Collaboration

BW LPG, ADNOC enter 1st LPG bunker supply deal in the Middle East

Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug

about 3 years ago

Collaboration

BGN, Pertamina join forces on gas transport

Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup

about 3 years ago

The signing of the MoU for the development of clean energy in Tajikistan (Courtesy of Masdar)

Collaboration

Masdar sets sights on Tajikistan’s floating solar potential

MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,

about 3 years ago

Collaboration

Poseidon Principles align with IMO’s raised ambitions

The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023. Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Globa

about 3 years ago

Collaboration

All energy roads lead to decarbonization with gas as a linchpin of low-carbon transformation

Despite the growing opposition to fossil fuels, natural gas, primarily LNG, is still the top contender for the transition fuel, which will bridge the gap towards the sought-after low-carbon and green energy future.

20 minutes read

Greece and Saudi Arabia establish joint venture company to develop electricity link

Collaboration

Greece and Saudi Arabia lay foundation for development of electricity interconnector

Greece and Saudi Arabia have agreed to establish a special purpose company for the development of an electricity interconnector between the two countries. Chairman of the Board and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) Manos Manousakis and the

about 3 years ago

Cirata floating solar plant in Indonesia (Courtesy of Masdar)

Collaboration

Masdar, PLN NP shake hands to triple the size of ASEAN’s largest floating solar plant

UAE’s Masdar has signed the agreement with PLN Nusantara Power (PLN NP) for a 500MW expansion of Cirata floating solar plant in Indonesia – which is set to become the largest floating solar plant in the Association of Southeast Asian Nations (ASEAN).

about 3 years ago

Illustration; Source: International Energy Agency (IEA)

Collaboration

IEA’s net-zero recipe: Going green and slashing fossil fuels’ role in energy mix while pursuing ‘equitable’ transition

The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.

12 minutes read

Amin H. Nasser, Saudi Aramco President & CEO; Source: Saudi Aramco

Collaboration

Aramco CEO: Widening gap in global energy transition lays bare need for ‘more realistic and robust’ multi-source plan

Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.

about 3 years ago