Energy news in the Middle East

An overview of news, trends and research in the Energy industry in the Middle East:

Aramco Digital partners with Accenture for AI-skilled workforce in Saudi Arabia Aramco Digital, the digital and technology subsidiary of Aramco, has formed a strategic partnership with Accenture to drive the adoption of generative AI and other cutting-edge technologies within it
12 September 2024
KBR advises Kuwait Oil Company on renewable energy masterplan Kuwait Oil Company has hired KBR to advise the company on a country wide masterplan for the development of renewables and hydrogen.
13 August 2024
Turkey sees growth in renewable energy and hydrogen Renewables and hydrogen energy are a big part of newly added energy capacity in Turkey, according to a study from global strategy consulting firm Kearney.
14 May 2024
Energy executives less optimistic on 2050 energy transition progress Executives in the energy and natural resources industry are expecting a slowdown in the progress of the energy transition. That is according to a new report from Bain & Company.
15 April 2024
Net zero by 2050 requires $200 trillion. Financing the goal is an issue Reaching net zero greenhouse gas emissions globally by 2050 will only be possible if major steps are taken to close the financing gap required to fund the green transition.
29 November 2023
MENA faces big – and needed – opportunity to cut carbon emissions For countries in the MENA region, addressing the climate crisis is especially urgent. It will require bold initiatives and commitment from all sides to transform the huge risks into opportunities.
24 November 2023
Energy savings: Is 5G a sustainability driver or a power glutton? 5G is regarded by many as an important stimulus that will drive digitalization.
16 October 2023
Middle East energy executives optimistic on hydrogen potential Most executives in the Middle East are bullish on hydrogen and carbon capture, according to a new report from strategy consultancy Bain & Company.
09 October 2023
dss+ helps client reduce downstream energy and utility losses Facing notable energy losses across its installations, a Middle East-based global energy and chemicals company consulted with dss+ to enhance its energy management practices within the context of a l
14 September 2023
Clean hydrogen needs $9 trillion investment to meet net zero by 2050 Decisive action in the short term could make green hydrogen competitive in less than 10 years. This type of clean hydrogen could help the world meet net zero goals by 2050.
22 August 2023
Why hydrocarbons will remain pivotal in the global energy mix As the world increasingly transitions its energy capacity towards renewable solutions, hydrocarbons will remain an integral part of the global energy mix.
31 July 2023
Global air conditioning market ripe for cool wind of change In the coming decades, the growing use of air conditioners in homes and offices around the world will be one of the top drivers of new electricity demand.
18 July 2023
Morocco to become leader in green hydrogen production market As excitement over green hydrogen grows around the world, Morocco is emerging as a leader in production.
11 July 2023
Study confirms hydrogen pipeline from GCC to Europe is feasible A pipeline crossing the Mediterranean to transport MENA’s abundant hydrogen supplies to Europe sounds fanciful and cost-ineffective, but a new study has found that such a project could be feasibl
30 June 2023
Aramco first Middle East company to make BCG’s Top 50 Innovation list Aramco has been named one of the 50 most innovative companies in the world, having made its debut in Boston Consulting Group’s Most Innovative Companies 2023 report.
23 June 2023
Riyadh Al Najjar (PwC): 'ESG can drive transformation' in GCC countries A strategy of setting ambitious Environmental, Social and Governance (ESG) targets and shifting away from oil to renewable energy has the potential to massively transform Middle Eastern countries.
17 May 2023
Egypt and Greece to hire consultancy for electricity connection A consultancy will soon be chosen to conduct the technical and economic feasibility study for a $4 billion joint intercontinental power connection project.
09 May 2023
Engie selects Jummar as communications consultant in Saudi Energy conglomerate Engie has selected Jummar as its communications consultant in Saudi Arabia. With revenues of over €90 billion, Engie is one of the world’s largest energy and utility companies.
02 May 2023
Renewables driving capacity growth in Turkey's power generation sector Turkey’s power generation industry reached a milestone last year, surpassing the 100 GW capacity for the first time in history. Renewables are playing a major part in driving the growth.
01 May 2023
Xodus develops emissions reduction blueprint for drilling rig operator Global energy consultancy Xodus Group has conducted a review of greenhouse gas emissions and energy efficiency for an unnamed drilling rig operator in the Middle East.
01 March 2023
Experts guide Empower’s oversubscribed IPO on Dubai Financial Market On Tuesday next week, Emirates Central Cooling Systems Corporation (Empower) will officially start trading on the Dubai Financial Market, following the successful conclusion of a hotly contested init
08 November 2022
Johnny Kollin named a top leader in the solar energy sector Johnny Kollin, the founder of a boutique management consultancy, has been named one of the leading figures in the Middle East’s solar industry.
27 September 2022
Tadweer hires consultants for landfill gas to energy project Abu Dhabi Waste Management Center (Tadweer) has hired a consultancy firm to conduct a feasibility study for one of its sustainability projects.
25 August 2022
ADNOC using AI for better geomodelling of hydrocarbon reservoirs When geologists of Abu Dhabi National Oil Company (ADNOC) identified an opportunity to improve the way the company applies geomodelling for assessing hydrocarbon reservoirs, it's leaders turned to IBM and SAP for support.
23 August 2022
Middle East must slash CO2 emissions by 42% to meet 2030 target If the Middle East wants to meet the goal of limiting global warming to 1.5 degrees Celsius by 2030, the region will need to reduce its emissions by 42%.
08 August 2022
Middle East's bold green hydrogen ambition needs 'quick action' When it comes to green hydrogen, the Middle East is in pole position to emerge as a dominant player on the global stage, according to the views of 400 energy leaders in the region.
01 August 2022
PwC: 'Use oil-based fiscal windfall to fuel energy transition' The rise in oil prices is providing a windfall for GCC states, according to PwC’s latest Middle East Economy Watch, with most governments set to bump up their fiscal surplus in the coming months.
08 July 2022
Siemens Advanta working on smart grid transformation in Tunisia The government of Tunisia has hired a consortium of external partners to support a major renewable energy transformation.
05 July 2022
Four conditions for the deployment of green hydrogen Green hydrogen has been identified as a key technology to meet decarbonization ambitions and, in particular, support the transition toward a greener future in hard-to-decarbonize sectors.
09 June 2022
Global green hydrogen market to reach $700 billion by 2050 The Middle East’s green hydrogen market is set for a major boom in the coming decades, estimated to reach $700 billion by 2050, according to a report by Arthur D Little.
31 May 2022
Cement manufacturer Qassim hires consultancy for solar plans Saudi cement manufacturer Qassim Cement Company has hired consultants to help the board with preparations for a new solar plant at its site in the northcentral city of Buraydah.
09 February 2022
PIF selects PwC as financial advisor for renewable energy projects Saudi Arabia’s Public Investment Fund – with over $500 billion in assets one of the world’s largest sovereign wealth funds – has selected PwC as its lead financial consultant for six renewable energy
01 February 2022

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