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COP28: SNOC sees future in green hydrogen production

COP28: SNOC sees future in green hydrogen production
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Ash shariqahUnited arab emiratesAnoop menonDennis danielHatem alSharjah national oil corporationUniversity of sharjahAmerican university of sharjahNet zeroHatem al mosaChief executive officerZawya projectsAmerican universityEmissions performance reportsGas decarbonisation charterMiddle east

Rak Gas signs gas storage pact with Sharjah National Oil Corp

Rak Gas will utilise SNOC’s gas storage facility to balance gas supply and demand. [Image: Rak Gas]

Ras al khaimahSharjah national oil corporatioGas supplyNatural gasUninterrupted gas supplyGas supply managementThe emirate of ras al khaimahGas storage facilitiesGas processing complexGas storage service agreementGas storage infrastructureHatem al mosaUnited arab emiratesGas storage facilityEnergy securitySharjah national oil corporation

Sharjah National Oil Corporation in pact with Japan s Sumitomo for carbon-capture project

Sharjah National Oil Corporation in pact with Japan s Sumitomo for carbon-capture project
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Hajime moriSharjah national oil corporationSumitomo corporationJapan sumitomo corporationMckinsey coSumitomo corporation middleNorthern emiratesHatem al mosaMiddle eastAbu dhabi based

PROJECTS: UAE s roadmap to net zero bets on nuclear energy-fuelled hydrogen and carbon capture

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Ash shariqahUnited arab emiratesUnited kingdomAbu dhabiAnoop menonAl reyadahYousif ahmed al aliMohamed ibrahim al hammadiSowmya sundarEnergy forum onEmirates nuclear energy corporationSharjah national oil corporationMinistry of energy infrastructureWater future energy affairsAssistant undersecretaryFuture energy affairs

Cutbacks in capex could spur rebound in energy prices

At the moment, there is about 5 million to 7 million barrels per day of available oil capacity that is not being produced. However, there is still about 10mn barrels per day of demand destruction. When economies recover to full strength, Opec will probably fully open the taps, but it will still not be sufficient to meet the demand. The short-term impact will be a spike in oil prices for a while until the oil sector recovers, and supply catches up with demand. The unparalleled decline in capex in 2020 was staggering in both its scale and swiftness, with serious potential implications for energy security and clean energy transitions.

International energy agencyNational oil companiesEuropean unionInternational oil companiesInternational energyEuropean green dealHatem al mosaதேசிய எண்ணெய் நிறுவனங்கள்ஐரோப்பிய தொழிற்சங்கம்சர்வதேச எண்ணெய் நிறுவனங்கள்சர்வதேச ஆற்றல்ஐரோப்பிய பச்சை ஒப்பந்தம்வெறுப்பு அல் மோசா