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BP leads in green hydrogen tech startup Advanced Ionics’ Series A round: BP Ventures, the venture capital arm of British oil and gas giant BP, was the top participant in US-based green hydrogen technologies startup Advanced Ionic’s USD 12.5 mn Series A funding round, according to a statement. Financiers including Mitsubishi Heavy Industries, Clean Energy […]
Author Archives: enterpriseam admin
Posted inON YOUR WAY OUT
The drought hitting Tunisian wetlands is pushing migrating birds away
Worsening drought in Tunisian wetlands disrupt migrating birds transit: Months of drought and a ferocious heatwave in Tunisia has left its Ariana lagoon parched, disrupting the flocks of migrating birds that use the wetlands as a transit between Africa and Europe, Reuters reports. Another nearby lagoon called Sijoumi — often more reliable than the Ariana […]
Posted inCALENDAR
AUGUST 2023 20-24 August (Sunday-Wednesday): World Water Week 2023, Stockholm, Sweden. 21-22 August (Monday-Tuesday): International Conference on Recycling and Waste Management, USA. 21-22 August (Monday-Tuesday): International Conference on Environmental Sustainability and Climate Change, USA. 29 August-1 September (Tuesday-Friday): Third meeting of the COP27 Transitional Committee, Dominican Republic. SEPTEMBER 2023 4-6 September (Monday-Wednesday): Sustainable Maritime Industry […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: UAE’s Tabreed + Adnoc partner on MENA’s first geothermal energy project
Good morning, friends. We have a brisk issue for you this morning with an interesting new renewable energy project in the UAE and lots of earnings updates. THE BIG CLIMATE STORY- UAE’s Adnoc and Tabreed have concluded testing on two geothermal wells in Abu Dhabi’s Masdar City, marking the first step in a clean energy […]
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Posted inGEOTHERMAL
UAE’s Tabreed and Adnoc partner on MENA’s first geothermal energy project
UAE’s Tabreed and Adnoc partner on MENA’s first geothermal energy project: Abu Dhabi National Oil Company (Adnoc) and the UAE’s National Central Cooling Company (Tabreed) have concluded testing on two geothermal wells in Abu Dhabi’s Masdar City, marking the first step in a clean energy project aimed at electrifying the city’s cooling sector, a company […]
Posted inUncategorized
Posted inDEBT WATCH
IFC green bond issuance raises CAD 1 bn for green projects in emerging markets
IFC green bond proceeds will be funneled to emerging markets: The International Finance Corporation (IFC) has raised CAD 1 bn (USD 743.9 mn) in partnership with the National Bank of Canada Financial Markets (NBF) through a three-year green bond issuance, according to a statement. The IFC aims to use the funds to unlock private investment […]
Posted inEARNINGS WATCH
UAE’s Taqa and KSA’s Ma’aden report drops in net income in 2Q, while KSA’s Tadweeer sees an increase of 19.8% in 1H net income
2Q earnings season is in full swing, and we have a mixed bag of reports this morning from UAE’s Taqa and KSA’s Ma’aden and Tadweeer. TAQA- A mixed season for Taqa: Abu Dhabi National Energy Company (Taqa) reported a 17% y-o-y drop in net income in the second quarter of the year to AED 1.92 […]
Posted inCLIMATE DIPLOMACY
Algeria and Russia are exploring mining cooperation
A possible mining cooperation between Algeria and Russia? Algeria’s Energy and Mining Minister Mohamed Arkab mulled cooperating in the exploration sector with Karpinsky Russian Geological Research Institute and Russia’s seismic exploration company GEOTECH Seismic Services, according to a statement released last week. They discussed the possibility of creating partnerships and signing MoUs between the two […]