Saudi Aramco is more than doubling funding to its venture capital arm by injecting an additional $4 billion funding, the Saudi state oil giant said on Wednesday
Aramco and Suzhou-based Since Gas’s pilot plant, which aims to demonstrate the feasibility of a technology for converting ammonia to hydrogen, is part of Aramco’s nearly half a billion US dollars of annual R&D efforts on sustainability.
Technology holds the key to solving the climate crisis but needs more government support and private-sector funding to ensure its commercialisation, speakers at the FII Institute’s first Asia conference said.
Dragos and Aramco Sign MOU Regarding the Protection of Industrial Infrastructure in Saudi Arabia lelezard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lelezard.com Daily Mail and Mail on Sunday newspapers.