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  • Europe’s Blue Ammonia Cargoes From Saudi Arabia, UAE Won’t Be Carbon-Free

    On September 10, a ship docked at the German port of Hamburg carrying a little-known fuel that’s being billed as a potential clean answer to Europe’s energy woes: blue ammonia. Made from hydrogen, it can also be burned without producing any emissions of planet-warming carbon dioxide and has the advantage of being easier to transport. Europe’s first test cargo is destined for the continent’s largest copper producer, Aurubis AG, under a deal struck with the United Arab Emirates just three weeks after Russia’s invasion of Ukraine upended global energy markets. The second shipment will depart within weeks, Mariam Almheiri, the UAE's Minister of Climate Change and Environment, said last week.

  • Europe is counting on floating gas terminals to get through the winter

    Liquid natural gas (LNG) carriers can bring in fuel from any exporter in the world, but they normally deliver their cargo through onshore terminals that can take years to build. Instead, several European countries, including the Netherlands and Germany, are resorting to floating storage regasification units (FSRUs)—essentially ships that can do the same job.

  • Saudi Arabia, Arab League and EU hold Arab Peace Initiative meeting in New York

    It said: “The meeting aims to work with regional and international partners to shed light on the tragic situation suffered by the Palestinians in light of the complete obstruction of the peace process and the absence of any glimmer of hope, and to urge them to take practical steps to support the resumption of dialogue on the basis of the Arab Peace Initiative and relevant United Nations resolutions and peace references.”

  • Saudi Arabia, EU, Arab League to convene to revive Arab Peace Initiative

    The Arab Peace Initiative, which Saudi Arabia drew up in 2002, is a proposal to end the Arab–Israeli conflict. The Arab League endorsed the peace plan at the Beirut Summit that same year, and Arab nations said they would normalize ties with Israel in return for complete Israeli withdrawal from Palestinian lands captured in 1967 and creating a Palestinian state. “Twenty years later, it is apparent that relaunching the Arab Peace Initiative, in support of the Palestinian cause and regional security, is an important step towards paving the way to overcome the hurdles standing in the way of realizing a fair and lasting peace,” the document read.

  • Saudi Arabia, EU, Arab League to convene to revive Arab Peace Initiative

    “The absence of the prospects for a political resolution of ending the Israeli-Palestinian conflict, the alarming deterioration of the humanitarian situation, the growing threats on the two-state solution, with the rapid growth of illegal Israeli settlements in the occupied Palestinian territories point to an explosive situation that may erupt at any time and spiral into a new wave of violence or even war threatening the people of Palestine and the wider region,” the document read.

  • European business group warns of loss of confidence in China

    A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor. The European Chamber of Commerce published the warnings in a paper it said had input from 1,800 member companies, which also contained 967 recommendations for China, the European Union and European companies related to doing business in the country.

  • Saudi Arabia wants green hydrogen commitment from EU, says European Council President

    Saudi Arabia wants the EU to accept long-term contracts in green hydrogen investment opportunities, according to the European Council President. Speaking on Friday, Charles Michel said the Kingdom offered to have the EU invest in its plans to develop green hydrogen as the bloc seeks to tackle the energy crisis. He also said the UAE has proposed investment in its renewable projects.

  • Erdogan blames energy crisis on Europe’s ‘provocations’ against Russia

    Turkey has been walking a fine line in the Ukraine crisis. It has closed the straits to Russian warships, denied Russian military overflights to Syria, and sold armed drones to Ukraine. Yet, Turkey also enjoys deep commercial and energy ties with Moscow, with the latter wiring up to $7bn to the cash-strapped Turkish treasury for the construction of a nuclear power plant.

  • Video: Museum preserves Saudi history in Riyadh

    Passionate about his country's history, a Saudi man established a museum to showcase $2 billion worth of royal belongings, antiques, and famous artworks that his father acquired in an open auction in 1965.

  • Reusing Saudi Arabia’s Precious Water Resources

    KAUST Associate Professor Peiying Hong has developed a new innovative wastewater treatment method that uses less energy and renders water safe to use for agriculture. The technology is currently being piloted with industry partner MODON (Saudi Authority for Industrial Cities and Technology Zones) in Jeddah.