Browsing: REGIONAL

Oman’s Ministry of Energy and Minerals (MEM) has signed two groundbreaking memoranda of understanding (MoUs) with American firm ‘Eden Geopower’ and Omani Earth Sciences Consultancy Center. These agreements mark a pivotal moment in Oman’s pursuit of geologic hydrogen exploration, a critical component of its comprehensive energy transition plan.

German logistics giant DHL is joining forces with energy firm HH2E and South African petrochemicals firm Sasol. Together, they are embarking on a pioneering venture to expand the production of sustainable aviation fuel (SAF) in Germany. This transformative partnership promises to reshape the aviation industry and significantly reduce its carbon footprint.

Portuguese energy heavyweight Galp has unveiled a bold plan to invest €650 million (approximately $692 million) in two transformative projects. These projects aim to significantly reduce the carbon footprint of the Sines refinery and its associated products while ushering in a greener energy era in Portugal.

Hamburg-based Eternal Power is setting its sights on producing hydrogen in Chile for export to Germany and the broader European market. This audacious venture aligns with Chile’s ambitious goal of becoming a major exporter of green hydrogen, with the country’s Energy Ministry targeting a production cost of around $1.5 per kilogram.

Piedmont, a region in northwest Italy, has embraced hydrogen potential as a beacon of hope for its industrial rebirth. As the clock ticks on the European Union’s ambitious Recovery and Resilience Plan (Pnrr), Piedmont, along with other Italian regions, is rapidly transitioning towards a hydrogen-powered future.

In the ever-evolving landscape of global energy, hydrogen has emerged as a powerful contender in the race towards clean and sustainable fuels. At the forefront of this transition is Egypt, a nation with ambitious plans to harness the potential of hydrogen as a game-changer in the energy market. But Egypt’s vision goes beyond its borders; it calls for the establishment of a global entity akin to OPEC, one that can coordinate the fragmented hydrogen market and foster cooperation rather than competition.

The global commitment to sustainable and clean energy solutions continues to gain momentum, with nations increasingly turning to innovative technologies and partnerships. In this pursuit, Turkey and the United Arab Emirates (UAE) have emerged as key players, engaging in fruitful discussions and collaborations on clean energy and hydrogen. These diplomatic efforts hold the promise of transforming the energy landscape and contributing to a greener future.