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No more wiggle room for oil companies on methane emissions: At least two dozen high-resolution satellites will be able to detect methane released from oil and gas operations at an asset level by the end of this year, Bloomberg reported on Friday. The satellites are equipped with sensors to detect the natural gas component from […]
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
Kuwait’s first specialized zone for industrial waste recycling is coming. PLUS: Dubai’s taxis closer to EV switch, KSA throws support to mini solar grids
Kuwait plans to build its first specialized zone for industrial waste recycling, local newspaper Al Qabas reported last week, citing people with knowledge of the matter. The country’s Public Authority for Industry is in the final process of selecting a consultant for the project, which will be built in the Northern Shagaya region. The 2 […]
Posted inAROUND THE WORLD
Chile is overhauling its lithium production model, a Chinese nuclear energy boom will queuing up, and Singapore’s first ship-to-ship ammonia transfer is happening this year
Global lithium supplier Chile plans to restructure its production model: The Chilean government is reportedly looking to remodel the country’s lithium production model to shore up majority stakes in companies producing the rare earth for the state, Bloomberg reported on Friday. Critics of the nationalization plans say a state-administered system could run the risk of […]
Posted inON YOUR WAY OUT
Your jeans aren’t climate friendly… here’s how Levi’s is changing that
Your Levi’s will be more climate-friendly: Levi Strauss & Co. (Levi’s) has committed to a water-saving method called “contextual water targets” that promises to reduce water use in factories located in water-scarce areas including Egypt, according to Bloomberg. Contextual water targets prioritize factories in areas with low levels of available water, curbing water use more […]
Posted inCALENDAR
MAY 2023 1-4 May (Monday-Thursday): Arabian Travel Market, Dubai, UAE. 2-7 May (Tuesday-Sunday): Salon International de l’Agriculture au Maroc (SIAM), Meknes, Morocco. 3-4 May (Wednesday-Thursday): 13th Arbois and Mediterranean Round Tables, Marseille, France. 4-6 May (Thursday-Saturday): International 100% Renewable Energy Conference, Istanbul, Turkey. 8-10 May (Monday-Wednesday): Global Green Future Fuel, Dubai, UAE. 8-10 May (Monday-Wednesday): […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Taqa invests in Morocco – UK interconnection project + Emirates Steel Arkan might be snapping up a stake in Thyssenkrupp Steel
Good morning, wonderful people. It’s been a very short (but busy) week for us at Enterprise Climate and we’re ready for the weekend. But first, there’s a couple of updates from the UAE to delve into. THE BIG CLIMATE STORIES- The Abu Dhabi National Energy Company will invest GBP 25 mn in UK-based renewables developer […]
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Posted inINVESTMENT WATCH
UAE’s Taqa and UK’s Octopus Energy invest GBP 30 mn in Xlinks’ Morocco-UK interconnection project
Xlinks secures funds for Morocco–UK interconnection project: UK-based renewables developer Xlinks has secured GBP 25 mn in funding from The Abu Dhabi National Energy Company (Taqa) and GBP 5 mn from UK-based energy supplier and renewables investor Octopus Energy for its Morocco–UK Power Project, according to a company statement. The interconnection project was initially estimated […]
Posted inM&A WATCH
Emirates Steel Arkan may be eyeing a stake in Thyssenkrupp Steel
Thyssenkrupp Steel may have a regional suitor: The UAE’s largest steel and building materials company Emirates Steel Arkan is mulling over a minority stake in leading German conglomerate Thyssenkrupp AG’s steel unit, Bloomberg reports, citing people with knowledge of the matter. The Abu Dhabi state-backed group could make a formal bid within the next few […]
Posted inWASTE MANAGEMENT
Turkey is getting a mega waste-to-energy plant courtesy of Veolia
France’s Veolia becomes Turkey’s first WtE plant operator: The Istanbul Metropolitan Municipality Waste Management Company awarded the contract for the operation and maintenance of Turkey’s first waste-to-energy (WtE) production plant to French resource management firm Veolia last week, according to a statement. The plant — which will be located in Istanbul — is set to […]