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Middle East

Vietjet and Novus Aviation Capital sign MoUs for aircraft financing, leasing, and SAF development

Vietjet and Novus Aviation Capital have signed Memorandum of Understandings to explore the establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of SAF in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform.

Cloning design provides plug-and-play approach for carbon capture

Burns & McDonnell: Hokpins, T.

Carbon capture has the potential to significantly decarbonize emissions from industrial facilities.

thyssenkrupp Uhde won contract for biopolymer plant from Gulf Biopolymers Industries Ltd

thyssenkrupp Uhde has secured a basic engineering package and front-end engineering design package for the establishment of a biopolymer plant on the Arabian Peninsula.

Neste and ENOC Group enter into collaboration to drive SAF initiatives in Dubai and the MENA Region

Neste and ENOC Group, a leading integrated global energy player, have agreed to collaborate to explore the possibilities of supplying and purchasing SAF in Dubai and the wider Middle East North Africa region in the coming years.

OPEC head accuses IEA of vilifying fossil fuel industry

OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.

BASF shares rise on report ADNOC exploring Wintershall Dea deal

Shares in chemicals giant BASF rose after a report that ADNOC is exploring an acquisition of the German group's energy business Wintershall Dea.

UN-led talks weigh goal to reduce aviation emissions

A UN-led conference in Dubai is weighing goals to reduce carbon emissions from international aviation through less polluting fuel, as a rebound in traffic thrusts airlines back into the conversation over carbon emissions.

ADNOC opens the region’s first high-speed green hydrogen refueling pilot station

ADNOC has opened “H2GO”, the region’s first high-speed green hydrogen pilot refueling station, to test a fleet of zero-emission hydrogen-powered vehicles.

Industry Primer: What is OPEC+ and how does it impact oil prices?

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.

NPC to invest $4.2 B for new petchem projects to enhance self-sufficiency

Iran's National Petrochemical Company to invest $4.2 billion for self-sufficiency, focusing on propylene, methanol, ethylene, aromatics, and butylene production, targeting a capacity increase to 200 MMt in the next decade.