The Work Crowd Supports Abu Dhabi’s Sustainability Drive

Posted by - June 26, 2024

The Work Crowd, an on-demand talent platform of expert consultants and freelancers, is playing a crucial role in addressing the global green talent shortage, supporting Abu Dhabi and the UAE in their sustainability initiatives. With the region positioning itself as a hub for sustainable development and green technologies, the demand for professionals with sustainability skills

UK Supreme Court Revokes Oil Well Approval

Posted by - June 21, 2024

Planning authorities should have considered the impact of climate-warming emissions in approving an oil well near Gatwick Airport, the UK’s highest court has said, a ruling activists say could profoundly impact new fossil fuel projects in Britain. Environmental campaigners had argued that planning permission to retain and expand the oil well site near London’s Gatwick

Chinese Solar Panel Makers in Limbo Amid Price Plunge

Posted by - June 13, 2024

Chinese solar panel manufacturers have said they are seeking immediate government intervention to curb investment and industry collaboration to arrest a plunge in prices of solar cells and modules, as the industry faces overcapacity. Financial incentives and a government push have helped China become the solar panel factory of the world, accounting for about 80%

KSA Launches Sops for Environment, Meteorology Sectors

Posted by - June 10, 2024

Saudi Minister of Environment Eng Abdulrahman Al Fadhli has launched an incentives programme for the environment and meteorology sectors, which is one of the programmes of the Environment Fund to achieve the national strategy for the sector. This came during the celebration of World Environment Day 2024, which was hosted by Saudi Arabia under the

New Zealand to Lift Ban on Oil & Gas Exploration

Posted by - June 10, 2024

New Zealand’s government has said it plans to reverse a five-year-old ban on new oil and gas exploration, igniting a backlash from political opponents and environmental groups. A bill to be introduced this year would end the ban that has only allowed exploration for new petroleum on some onshore fields in the country’s North Island.

China Plans Carbon Footprint Management System

Posted by - June 6, 2024

China aims to establish an initial carbon footprint management system by 2027, it has said, a move that would create a more comprehensive and unified system of standards to measure carbon emissions. The system is meant to push toward China’s carbon-neutral goal, according to a plan issued by the Ministry of Ecology and Environment and

LNG Demand Spikes as South Asia Reels Under Heatwave

Posted by - June 3, 2024

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records. This could tighten available supply and further lift Asian spot prices that have already gained a third since April, with heat waves across South and Southeast

EU Nations Agree to Quit International Energy Treaty

Posted by - May 31, 2024

European Union countries have unanimously agreed to jointly quit an international energy treaty over concerns that it protects fossil fuel investments and undermines efforts to fight climate change, the Belgian EU presidency said. The 1998 Energy Charter Treaty (ECT) allows energy companies to sue governments over policies that damage their investments. In recent years, some

ConocoPhillips to Buy Marathon Oil in $22.5bn Deal

Posted by - May 30, 2024

ConocoPhillips has agreed to buy Marathon Oil in a $22.5 billion deal, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves. The USA oil and gas industry has been riding a consolidation wave over the last two years. Last year was one of the most

UAE, South Korea Agree to Slash Import Duties

Posted by - May 30, 2024

South Korea and the United Arab Emirates signed a trade agreement at a summit to sharply cut import duties and forge closer business and investment ties. “The special bond between the two leaders serves as an opportunity” to advance the countries’ strategic partnership, the office of South Korean President Yoon Suk Yeol said in a

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