Adnoc partners with Australia’s Santos on carbon capture: The UAE’s Abu Dhabi National Oil Company (Adnoc) and Australian oil and gas company Santos have signed a strategic collaboration agreement to develop a joint carbon management program in the Asia-Pacific region, according to a statement. The program aims to accelerate the advancement of carbon capture and storage technologies, as well as assess potential CO2 shipping and transportation infrastructure networks.

Dooda Solutions bags Pepsico's USD 100k grant: Lebanon-based start-up Dooda Solutions has been tapped as the winner of Pepsico's Greenhouse Accelerator Program 's second iteration, according to a statement. Dooda was selected from around 180 applicants and will receive additional benefits to the grant to scale its sustainable agricultural solution. Pepsico had announced the second phase of the program in March.

About Dooda Solutions: The Lebanese woman-led earthworm farm produces vermicompost (organic fertilizers) on a commercial scale, helping increase soil health.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • IAEA greenlights Qatari NORM management projects: After receiving approval from the International Atomic Energy Agency (IAEA), Qatar says it will kick off operations next year on a project aimed at managing naturally occurring radioactive material generated by national oil and gas extraction operations. (Qatar News Agency)
  • Mashreq provides Chalhoub Group with sustainable-linked funding: UAE banking group Mashreq has extended an ESG-linked loan to Dubai-based luxury retailer and distributor Chalhoub Group to support its working capital needs. The financing facility is structured around the retailer's ESG and green performance for the next three years. (Statement)
  • Renecore + Sonelgaz talk renewables cooperation: Algerian state-owned gas companySonelgaz and Turkish renewables firm Renecore Energy discussed potential future cooperation and potential investments in Algeria’s renewable energy sector. (Statement)
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