{"id":78055,"date":"2023-06-19T01:04:22","date_gmt":"2023-06-19T01:04:22","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/19\/today-intl-consortium-led-by-south-koreas-posco-bags-usd-6-7-bn-green-hydrogen-project-in-oman\/"},"modified":"2023-06-19T01:04:22","modified_gmt":"2023-06-19T01:04:22","slug":"today-intl-consortium-led-by-south-koreas-posco-bags-usd-6-7-bn-green-hydrogen-project-in-oman","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/19\/today-intl-consortium-led-by-south-koreas-posco-bags-usd-6-7-bn-green-hydrogen-project-in-oman\/","title":{"rendered":"TODAY: Int\u2019l consortium led by South Korea\u2019s Posco bags USD 6.7 bn green hydrogen project in Oman"},"content":{"rendered":"

Good morning, wonderful people. <\/strong>We have a busy morning of climate news from all around the region and beyond to delve into, so let\u2019s jump right in.<\/p>\n

THE BIG CLIMATE STORY- <\/strong>An international consortium led by South Korea\u2019s steelmaking company Posco Group has reportedly netted a contract for a USD 6.7 bn green hydrogen plant in Oman\u2019s Duqm. The consortium consists of six companies including four Korean firms and French energy firm Engie.<\/p>\n

^^ <\/strong>We have the details on this story and much more in the news well, below.<\/strong><\/p>\n

HAPPENING TODAY- The <\/strong>France-Saudi Arabia Investment<\/a><\/strong>Forum<\/a><\/strong> will kick off in <\/strong>Paris today<\/strong> bringing together Saudi and French government officials and private sector companies to discuss major investment opportunities in tourism, tech ecosystem, and the energy transition. The forum will feature a panel discussion on the clean energy transition with Saudi Energy Minister Sami AlSaadan, chairperson of French giant utility company EDF International Beatrice Buffon, and Vice President of French multinational supplier of industrial gasses Air Liquide Olivier Randet.<\/p>\n

THE BIG CLIMATE STORY OUTSIDE THE REGION- It\u2019s a yes for Switzerland\u2019s climate law<\/strong>: Switzerland\u2019s adherence to curbing its carbon emissions by 2050 was put to the test in a national referendum which saw voters passing aclimate law<\/a>with a majority of 58%. Around 42% of the voters voted against the law despite a growing popularity of green parties in the last federal election. The law, which was amended after it was rejected in 2021 on grounds that it was too expensive, has been stirring controversy by critics in recent weeks. It introduces measures to slash energy consumption and financial assistance to those who replace their oil, gas or electric heating among others. Supporters say the law was the minimum that rich countries are required to do to prove commitment to the fight against climate change, which opponents from the right wing argue that it would compromise energy security.<\/p>\n

The vote grabbed headlines in the international press: <\/strong>Reuters<\/a> | Bloomberg<\/a> | The Financial Times<\/a> | The Associated Press<\/a> | AFP<\/a><\/p>\n

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enterprise<\/p>\n

The Enterprise Finance Forum is our flagship gathering \u2014 the one so many of you have <\/strong>been waiting for. <\/strong>The two-day event takes place this September and will be the latest in our must-attend series of invitation-only, C-suite-level gatherings. Stay tuned for more information on the location.<\/p>\n

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ENTERPRISE IS LOOKING FOR SMART, TALENTED PEOPLE of all backgrounds to help us build some very cool new things.<\/strong> Enterprise \u2014 the essential morning read on all the important news shaping business and the economy in Egypt and the region \u2014 is looking for writers, reporters and editors to help us build out new publications. Today, we run four daily Egypt and MENA-focused publications, five weekly industry verticals, and a weekend lifestyle edition designed to make our readers feel just a bit smarter.<\/p>\n

We have tons more in the pipeline \u2014 come help us build new publications.<\/strong> We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >250k daily readers by telling stories that matter.<\/p>\n

Journalists looking to explore business, finance and economic stories are welcome. So are recent journalism school graduates.<\/strong><\/p>\n

That said, we're looking for gifted story-tellers from all walks of life and across all professions<\/strong>, as long as they show a keen interest in learning to write about the stories, topics, businesses, and figures moving markets. Egyptian and foreign nationals alike are welcome to apply. So are job-switchers: If you\u2019re an equities analyst tired of the rat race, we\u2019re a great place to come work.<\/p>\n

NEVER WORKED IN A NEWSROOM BEFORE?<\/strong> We have the Enterprise Business Writing Development Program. Whether you are a recent graduate, an industry vet, or looking to switch careers, the Enterprise Business Writing Development Program will give you the tools you need to tell the most important stories to our audience of C-suite officials, government ministers, diplomats, financiers, investors and entrepreneurs.<\/p>\n

During the program you will learn:<\/strong><\/p>\n