TA’ZIZ and Proman agreed to develop first methanol facility in UAE

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi. The facility has an anticipated annual capacity of

India considers UAE’s support in developing green hydrogen industry

The UAE’s experience and know-how would help India in its green hydrogen program, authorities and experts said, following a new cooperation agreement between New Delhi and Abu Dhabi. Power and New and Renewable Energy Minister R.K. Singh visited the UAE over the weekend and signed a memorandum on green hydrogen development and investment with his

South Korea to import hydrogen

The South Korean government announced that hydrogen produced in Malaysia and the UAE would be imported in 2027 and later for the purpose of power generation and export after conversion into ammonia. The hydroelectric power generation-based hydrogen in Malaysia is scheduled to be supplied by Samsung Engineering and Lotte Chemical. In the UAE, Korea Electric

Germany to sign LNG contracts in UAE

German Chancellor Olaf Scholz was expected to sign contracts for liquefied natural gas (LNG) during his visit to the United Arab Emirates (UAE), Economic Affairs and Climate Action Minister Robert Habeck said. Habeck was touring Lubmin, where the construction of one of Germany’s new liquefied natural gas (LNG) terminals was set to start. The construction

Fujairah marine fuel sales decline in June

Marine fuel sales at the United Arab Emirates’ Fujairah fell to a four-month low in June as high bunker premiums and tight supplies capped uptake. The third largest bunkering hub in the world registered bunker sales volumes 13% less month-on-month at 647,184 cubic meters (about 619,602 tonnes) in June. Combined low-sulphur bunker sales in June

TotalEnergies and Adnoc to work together on supplying diesel

TotalEnergies and Adnoc have agreed to work together on supplying UAE diesel to France as part of a new strategic partnership agreement. The agreement also includes jointly evaluating opportunities for new oil and gas developments in the UAE and assessing the possibility of a carbon capture, utilisation and storage (CCUS) project in the Mideast Gulf

UAE to partner with IPHE on hydrogen and fuel cell tech

The Ministry of Energy and Infrastructure has revealed that the UAE has joined the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), which is a global collaborative initiative for the development and deployment of hydrogen and fuel cell technologies. It is the first Middle East nation to join IPHE global initiative on

Egypt signs two MoUs with UAE for the production of green hydrogen

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of two new Memoranda of Understanding on cooperation in the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. According to a statement, the first memorandum of understanding was signed between the General Authority for the Economic Zone of

Fujairah faces more bunkering competition

The UAE’s Port of Fujairah, the world’s third-biggest bunkering hub, is facing increased competition to supply marine fuels in the region, with new entrants ranging from Saudi Arabia to Qatar and Egypt. Qatar has started supplying marine fuels for its own LNG fleet and is now probably the second-largest bunkering hub in the Middle East

Masdar and Engie to develop hydrogen hub in UAE

Emirati renewable energy company Masdar has formed a strategic alliance agreement with French multinational utility company Engie to develop a green hydrogen hub in the United Arab Emirates (UAE). The hub will consist of projects with at least 2GW of capacity, which will be developed by 2030 with a total investment of $5bn. Engie CEO