McDermott International and KBR have entered into a global licensing agreement to provide integrated solutions for KBR’s proprietary ammonia technologies. Ammonia produced from renewable or low-carbon sources, commonly referred to as green and blue ammonia, supports global decarbonization because it can be used to provide carbon-free fertilizers, as an energy carrier or as a fuel. […]
McDermott International and KBR have entered into a global licensing agreement to provide integrated solutions for KBR’s proprietary ammonia technologies. Ammonia produced from renewable or low-carbon sources, commonly referred to as green and blue ammonia, supports global decarbonization because it can be used to provide carbon-free fertilizers, as an energy carrier or as a fuel. […]
Airbus has joined the world’s largest clean hydrogen infrastructure investment fund, managed by Hy24 – a joint venture between Ardian, a world-leading private investment house and FiveTHydrogen, an investment manager specialising in clean hydrogen investments. Hy24’s investment fund will provide financial capital to back credible, large-scale green hydrogen infrastructure projects world-wide. Airbus’ involvement assures its […]
As part of its climate policy, the Egyptian government will put 70 electric buses on the road in the governorate of Cairo. These locally manufactured vehicles will serve the population while contributing to the fight against air pollution in the country of the pharaohs. On the eve of the 27th United Nations Conference of the Parties […]
TGS, a global provider of energy data and intelligence, has channeled its part investment portfolio in NASH Renewables, a start-up developing innovative Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. The equity stake in NASH Renewables is TGS’ first venture investment into a renewable energy start-up. NASH is a new […]
Gabon is preparing to create 187 million carbon credits, of which 90 million will be sold on the offset market before the United Nations Conference on Climate Change (COP 27), scheduled for next November in Egypt , announced the Gabonese Minister of the Environment, Lee White according to New Gabon. “The carbon credits will probably […]
Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. The acquisition supports Equinor’s ambition to be a leading company in the energy transition and provides a platform for broadening our energy offerings in the US. The privately owned East Point Energy is headquartered […]
ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, today inked a project agreement to develop a 1.1GW wind project in Egypt, at an investment value of US$1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for […]
The two companies have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway. The project is in the feasibility stage, with an investment decision expected by 2025. Carbon capture, transport and storage (CCS) is essential for achieving significant CO2 emission reductions. […]
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed today in Vienna by IRENA’s Director-General Francesco La Camera and the Director-General of the OPEC […]
