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COP30: High stakes for energy and climate on final day

Countries are engaged in last-minute negotiations to finalise a global agreement, primarily focusing on the future of fossil fuels and climate finance. The primary expected outcome is the adoption of the final “Belém Political Package” of decisions by consensus during the closing plenaries scheduled for the evening. The most contentious issue is the inclusion of a clear roadmap to transition away from fossil fuels. The latest draft texts from the Brazilian Presidency have been criticised for omitting any mention of a fossil fuel transition roadmap, leading to strong opposition from many nations. Major oil and gas consumers like China, India, and Saudi Arabia have reportedly resisted strong language on phasing out fossil fuels. But progress has been made, and around 83 countries have supported the call to end them. Climate advocates believe stricter measures are inevitable after COP28 closed with… Read More »COP30: High stakes for energy and climate on final day

ITM Power wins 710MW German electrolyser contracts

German engineering and project development company Stablegrid Group has chosen ITM Power to supply electrolyser capacity totalling 710 megawatts for two energy infrastructure projects. In the first project in Rüstringen, the UK electrolyser firm will supply a 30MW green hydrogen production plant based on Neptune V containerised electrolysers, and 680MW indoor electrolyser capacity is planned for the second one. They will operate exclusively for grid balancing and stabilising the power system, using underground caverns as hydrogen storage facilities to absorb discrepancies between electricity supply and hydrogen consumption. Final investment decision for the projects is expected in January 2026 and 2028 respectively. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for… Read More »ITM Power wins 710MW German electrolyser contracts

All systems go for Barents Sea exploration ops with COSL rig

Equinor has obtained the Norwegian authorities’ blessing for drilling activities in the Barents Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player. The post All systems go for Barents Sea exploration ops with COSL rig appeared first on Offshore Energy.

Masdar and Tadweer team up on waste-to-SAF project in Abu Dhabi

The plant will covert around 500,000 tonnes of waste into SAF per year, using a hybrid production pathway that combines renewable energy-powered electrolysis producing green hydrogen and waste gasification turning syngas into SAF through various proven chemical processes. Mohamed Jameel Al Ramahi, CEO at Masdar, said the project will advance the UAE’s profile in sustainable aviation, supporting the growth of a sector critical to the nation’s economic development, while driving its decarbonisation. Ali Al Dhaheri, Managing Director and CEO of Tadweer, said it aims to showcase the “incredible potential of waste” and set a benchmark for sustainable transformation worldwide. © Masdar Once operational, the project is expected to serve multiple markets, positioning Abu Dhabi as a regional hub for SAF and supporting the decarbonisation of a sector that accounted for over 18% of the UAE’s… Read More »Masdar and Tadweer team up on waste-to-SAF project in Abu Dhabi

Aramco splashes $30 billion on 17 more deals with US players

Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies such as SLB, Baker Hughes, McDermott, Halliburton, NESR, KBR, Flowserve, NOV, Worley, and Fluor. The post Aramco splashes $30 billion on 17 more deals with US players appeared first on Offshore Energy.