{"id":88673,"date":"2024-08-13T00:00:00","date_gmt":"2024-08-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/"},"modified":"2024-08-13T00:00:00","modified_gmt":"2024-08-13T00:00:00","slug":"aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/","title":{"rendered":"Aramco earmarks USD 100 mn for environmental R&D at KAUST"},"content":{"rendered":"

Oil giant Aramco plans to provide King Abdullah University of Science and<\/strong> Technology (KAUST) with USD 100 mn to support environmental and commercial research<\/strong> and development projects over the next 10 years, according to a press release<\/a>. <\/p>\n

The details:<\/strong> The money will go into researching low-carbon aviation fuels, hydrogen, carbon capture and storage, renewables, and energy storage, \u201cwith an emphasis on developing commercially-viable outcomes,\u201d the statement added.<\/p>\n

KAUST is working on a lot of green projects: <\/strong>The university partnered with materials science company Partanna Global last month to enhance the CO2 removal capabilities of Partanna's concrete products in a 12-month R&D project<\/a>. The university also tapped Hassan Allam Construction Saudi to build the world\u2019s largest coral reef restoration project<\/a> in Neom, dubbed the Kaust Coral Restoration Initiative. In January, KAUST researchers developed a novel passive cooling technique<\/a> that uses a superabsorbent polymer film to lower temperatures without the use of any electricity.<\/p>\n

Aramco\u2019s green goals: <\/strong>Aramco is looking to expand its energy portfolio<\/a> and \u201cgrow its lower-carbon hydrogen business,\u201d including through carbon capture and storage and hydrogen, and aims to reduce its Scope 1 and 2 emissions<\/a> by 15% by 2035 \u2014 to offset 52 mn metric tons of CO2 \u2014 and reach net zero emissions by 2050. <\/p>\n

Aramco has sealed several other green agreements: <\/strong>Aramco\u2019s recent efforts to achieve their emissions reduction goals include acquiring 50% of Air Products Qudra\u2019s blue hydrogen unit last month, and signing an agreement with Joby Aviation to deploy eVTOLS<\/a> in the Kingdom. Aramco is also part of a consortium that is building three new solar photovoltaic projects<\/a> in Saudi to produce 5.5 GW of green electricity. <\/p>\n","protected":false},"excerpt":{"rendered":"

The financing will cover green research over the next 10 years<\/p>\n","protected":false},"author":1,"featured_media":88674,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3027],"tags":[139,446,10,1137,2050],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate","tag-aramco","tag-climate","tag-enterpriseam-ksa","tag-green-finance","tag-king-abdullah-university-of-science-and-technology-kaust","wpautop","entry"],"acf":{"mongo_id":"89912333-7f4b-45eb-8572-b1e5cedd3050","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1450.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aramco earmarks USD 100 mn for environmental R&D at KAUST","related_issue":[88664],"teaser":"The financing will cover green research over the next 10 years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.c1c3b2fb-009f-488d-a9fd-707e0f0a52ae.mp3"},"yoast_head":"\nAramco earmarks USD 100 mn for environmental R&D at KAUST - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aramco earmarks USD 100 mn for environmental R&D at KAUST\" \/>\n<meta property=\"og:description\" content=\"The financing will cover green research over the next 10 years\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-13T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aramco earmarks USD 100 mn for environmental R&D at KAUST\",\"datePublished\":\"2024-08-13T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\"},\"wordCount\":277,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Aramco\",\"CLIMATE\",\"EnterpriseAM KSA\",\"green finance\",\"King Abdullah University of Science and Technology (Kaust)\"],\"articleSection\":[\"CLIMATE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\",\"name\":\"Aramco earmarks USD 100 mn for environmental R&D at KAUST - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-08-13T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aramco earmarks USD 100 mn for environmental R&D at KAUST\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Aramco earmarks USD 100 mn for environmental R&D at KAUST - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/","og_locale":"en_US","og_type":"article","og_title":"Aramco earmarks USD 100 mn for environmental R&D at KAUST","og_description":"The financing will cover green research over the next 10 years","og_url":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/","og_site_name":"KSA","article_published_time":"2024-08-13T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Aramco earmarks USD 100 mn for environmental R&D at KAUST","datePublished":"2024-08-13T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/"},"wordCount":277,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1","keywords":["Aramco","CLIMATE","EnterpriseAM KSA","green finance","King Abdullah University of Science and Technology (Kaust)"],"articleSection":["CLIMATE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/","url":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/","name":"Aramco earmarks USD 100 mn for environmental R&D at KAUST - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1","datePublished":"2024-08-13T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/08\/13\/aramco-earmarks-usd-100-mn-for-environmental-rd-at-kaust\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Aramco earmarks USD 100 mn for environmental R&D at KAUST"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1450.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/88673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=88673"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/88673\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/88664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/88674"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=88673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=88673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=88673"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=88673"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=88673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}