Browsing: Middle east

Global oil markets have retreated from crisis highs as exports through the Strait of Hormuz begin to recover, yet the latest assessments from the International Energy Agency suggest that the apparent stabilization masks structural vulnerabilities that extend well beyond the Middle East and increasingly shape energy policy across Asia.

The world added renewable energy capacity at a record pace and pushed clean electricity generation above 30 percent of global supply, yet 655 million people still lived without electricity in 2024 and roughly two billion lacked access to clean cooking technologies.

A recent agreement between the University of Sharjah and Lootah BioFuels aims to strengthen cooperation in renewable energy, scientific research, and circular economy development.

Saudi Arabia’s $9 billion NEOM green hydrogen project is becoming a test case for whether large-scale industrial developments can attract international capital by combining energy infrastructure, logistics, and investment incentives into a single platform.

Jordan is moving forward with plans for a large scale green hydrogen project that could produce 200,000 tonnes of green ammonia annually, as the country seeks to establish a role in the emerging clean fuels market.

Oman’s green hydrogen sector is moving from strategy development toward large scale industrial deployment, with India based ACME Group committing approximately $4.2 billion to expand its green hydrogen and green ammonia project in the Special Economic Zone at Duqm.

The global hydrogen market exceeded 100 million tonnes in 2025, yet the sector’s vulnerability became increasingly visible as disruptions in the Middle East affected fertilizer, chemicals and refined product supply chains.

A new cooperation agreement between Ohmium International and Hynfra aims to advance green hydrogen and green ammonia projects across Mauritania, Jordan, and Oman, targeting both domestic energy resilience and international fuel markets.

In the United Arab Emirates, Innovation Platform Capital (iPC) and Intelligent Investment Holding (IIH) have announced a strategic joint venture to develop a large scale green hydrogen production platform aimed at supplying domestic industries while creating future export opportunities.

Saudi Arabia’s battery storage market is entering a new phase of industrial development as Chinese energy storage manufacturer ZOE Energy Storage moves to establish a large-scale battery energy storage system manufacturing facility in the kingdom.