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What’s happening: Nostromo Energy received a conditional commitment for a $305.5 million loan guarantee from the U.S. Department of Energy (DOE). The funds will finance Project IceBrick®, deploying Nostromo’s innovative...
What’s happening: Hyundai has partnered with its UAE distributor, Juma Al Majid Company, to deliver two hydrogen fuel cell buses as part of Abu Dhabi’s Green Bus Programme. This initiative,...
China’s journey toward corporate sustainability reporting has gained momentum in recent years. The Ministry of Finance (MOF), collaborating with nine other departments, unveiled the Basic Standards on December 17, 2024,...
The Science Based Targets initiative (SBTi) has released updated plans for its sectoral standards targeting the oil and gas, chemicals, and power industries—three of the largest global emitters. These updates...
The Environment Agency – Abu Dhabi (EAD) has reported a dramatic reduction in single-use plastic bag consumption since implementing its Single-Use Plastic Policy in June 2022. In just two years,...
Methane emissions from oil and gas operations in the Permian Basin decreased by 26% in 2023, according to an analysis by S&P Global Commodity Insights. This reduction, amounting to 34...
The U.S. Environmental Protection Agency (EPA) has granted California the authority to implement its Advanced Clean Cars II (ACC II) regulations and low-NOx standards for heavy-duty and off-road vehicles. These...
Japan’s environment and industry ministries have finalized a plan to cut greenhouse gas (GHG) emissions by 60% from 2013 levels by 2035, marking an ambitious update to its prior target...
The Suez Canal Economic Zone (SCZONE) has finalized $64 billion in green hydrogen investments through 12 framework agreements, aiming to produce 18 million tons of green hydrogen annually. Chairperson Waleid...
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