Saudi Aramco CEO warns of 'painful awakening' as energy costs rise Amin Nasser said that green energy would not replace oil as demand for crude continues to grow, especially from the Global South. Saudi Arabia
Exclusive Saudi finance minister hints kingdom could meet 2030 renewables target early On Monday, the kingdom commissioned its largest battery energy storage system to its grid, with a capacity of 500 megawatts and the ability to store 2,000 megawatt hours of electricity. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Exclusive Global renewables surge forward despite Trump’s climate reversals, says IRENA chief Although Gulf countries are still heavily reliant on oil and gas, they are quickly moving toward a greener system, International Renewable Energy Agency head Francesco La Camera told Al-Monitor. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf wealth funds propel Middle East deals in 2024 The Gulf region continued its trajectory toward becoming a global investment powerhouse as sovereign wealth funds fed capital into AI, clean energy, entertainment, sports, start-ups and tourism. Saudi Arabia
Analysis Despite green energy deal blitz, Middle Eastern climate efforts fell flat in 2024 By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UAE expands nuclear power plant, doubles electricity production The UAE is still reliant on oil and gas, though nuclear energy is rising in the country and across the region. United Arab Emirates
Israel’s energy minister talks Ukraine, global energy crisis in Paris Leading efforts for Israel to join the International Energy Agency, Energy Minister Karin Elharar is in Paris discussing ways to confront the challenges of the current global crisis. Israel
Israel, UAE to cooperate on clean hydroelectricity Israeli companies are eager to cooperate with Emirati partners for the development of clean, cheap and low-energy hydrogen production. Israel
Saudi’s future city, NEOM, launches renewable energy project Saudi Arabia has grand plans for the city, but the endeavor’s land use and sustainability plans have faced pushback. Saudi Arabia
Turkey balks at coal phaseout amid growing energy woes Turkey’s pledge to reach net zero carbon emissions by 2053 has come into question after a major climate meeting ended without a coal phaseout plan. Turkey
Analysis Israel, Egypt tighten energy ties The natural gas pipeline agreement signed in Cairo mid-February has geostrategic importance that extends far beyond financial benefits to Israel. By Danny Zaken In Ma'ale HaHamisha, reporting on Israel
Negotiations likely to start over in Israel-Cyprus gas field dispute Israel’s Energy Minister Karine Elharar is reexamining the Israel-Cyprus dispute over the gas field on their maritime border. Israel
Israel's Herzog leads rapprochement with Turkey Jerusalem is well aware that Turkish President Recep Tayyip Erdogan has a long list of own interests behind his rapprochement campaign. Israel
Israel’s president considers visit to Turkey Reports claim the office of Israeli President Isaac Herzog is in contact with the office of Turkish President Recep Tayyip Erdogan for a possible visit in Ankara. Israel
Israel eyes solar opportunities in Egypt Israel is working with Egypt to build solar power plants in the country, taking advantage of Egypt's vast areas of unused land. Egypt
Egypt gears up to host next climate summit Egypt will host the 27th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change in 2022 amid international human rights objections. Egypt
Israel, Jordan to sign solar/water cooperation deal in Dubai After months of secret negotiations, mediated by the United Arab Emirates and with the assistance of US Climate Envoy John Kerry, Israel and Jordan will sign an agreement next week in Dubai that should help them both to face climate change challenges. Israel
