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RIYADH: More green energy produced in Saudi Arabia will be exported to South Korea thanks to a new agreement signed between the two countries. The Saudi Export-Import Bank has signed a memorandum of understanding with Korea Trade Insurance Corp which will see eco-friendly fuels, including green hydrogen and green ammonia, traded with the Asian nation, the Saudi Press Agency
The government is aiming to make Korea-produced batteries account for at least 40 percent of global market share by 2030, as assisted by the establishment of an intergovernmental alliance to secure key battery materials, fostering a sustainable industrial ecosystem and expansion of tax credits, the trade ministry said Tuesday.
Gas producer Santos has two weeks to shut down drilling operations off the north coast of Australia as Indigenous groups argue they were not properly consulted
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