Achema middle east

News & Press Releases

Sweden Will House First Zero-Energy Warehouse In The World

The 20,000-square-meter building, which is located in Bolsta, 50 kilometres north-west of Stockholm, will achieve 100% CO2 neutrality over the course of its entire lifecycle, encompassing construction, operations, and disassembly, without relying on any outside offsetting measures. It will be...

AIIB, GEAPP Form $1bn Collab To Aid Asian Energy Transition

The Global Energy Alliance for People and Planet (GEAPP) and the Asian Infrastructure Investment Bank (AIIB) announced a strategic investment partnership at COP27, mobilising up to USD 1 billion for the funding of green energy transformation and projects involving...

IRENA Recommends Doubling The 2030 Renewable Energy Goals

The International Renewable Energy Agency (IRENA) cautioned on November 7th as it presented a new study at COP27 in Egypt that individual national objectives on renewable energy are insufficient to keep rising temperatures below 1.5 degrees C. The world will need...

Offshore Wind Goals Can Only Be Met By 3 Nations- Report

According to a recent report, only three of the 15 countries that have set offshore wind targets for 2030 are expected to achieve them. The paper states that obstacles, including sluggish project approvals, are endangering net-zero ambitions. The Renewables Consulting...

Sakhalin 2 From Russia Estimates A Drop In LNG Shipments

The Sakhalin 2 development in Russia's far east may need to restrict gas production, according to state-controlled gas giant Gazprom, in order to prolong the life of the project. Sakhalin 2's newly established operator, Sakhalinskaya Energiya, reported in its most...

Canada Share Buyback Tax May Backfire, Energy Sector Warns

According to industry leaders and analysts, Canada's proposal to tax corporate stock buybacks is unlikely to prevent oil and gas producers from returning cash to shareholders and may even make them less competitive. According to CIBC, Canadian energy companies have...

German Offshore Wind Output Predicted To Reach 50 GW By 2035

The German government intends to develop 50 GW of installed offshore wind energy capacity by 2035, above its initial target of 40 GW. Berlin plans to offer 4 GW of offshore wind energy capacity each year starting in 2027 in...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Must read

Translate »