The company is developing a Dh50m hydrogen pilot project with Dubai Electricity and Water Authority

Opec's third-largest producer has embraced energy transition and positioning itself as a leader in new fuels such as green and blue hydrogen

The move follows the company's decision to transition away from fossil fuels and tap renewables as its primary source of energy

The country has 'no prior' stance ahead of the ministerial session on December 2

Oil prices rose following President Joe Biden's announcement that the US will release strategic oil reserves

Blue hydrogen produced in the region is cheaper, compared with the rest of the world

Plant will produce up to 90,000 tonnes of green ammonia

Israel and Jordan plan to generate 30 per cent of their energy needs from renewables by 2030

Feasibility studies for the project will begin in 2022

Andrew Forrest, whose net worth is estimated at $14bn by 'Forbes', is putting his wealth into the greening of the planet

Deals worth more than $13.7 billion in the upstream and chemicals sector sealed at the week-long event

The hub will have three industrial zones for seven chemical projects

Country's new petroleum minister warns high oil prices could push up inflation

Around 70 per cent of the value of the project award will flow back into the UAE's economy

State-backed energy companies plan to add 30 gigawatts of clean energy capacity by 2030