Via Bloomberg, an article on the United Arab Emirates’ main energy company’s plans to boost investment to $150 billion over the next five years: The United Arab Emirates’ main energy company will boost investment to $150 billion over the next five years, speed up an increase in oil-production capacity and list some of its natural […]
Read more »Via Recharge News, a report on a Saudi ACWA’s new $7bn hydrogen plan to unleash Thailand’s green power potential: Saudi renewables developer ACWA Power is partnering with the Thai state on a plan to develop a massive $7bn green hydrogen and ammonia plant in Thailand — the first of this size earmarked for the south […]
Read more »Courtesy of The Financial Times, an article on Mongolia’s hopes that a Chinese railway will help boost its Covid-battered economy: Mongolia opened a new rail line to China on Friday that the landlocked country’s prime minister said would help it weather the zero-Covid controls that have disrupted cross-border trade with its powerful neighbour. “The opening of […]
Read more »Via Bloomberg, an article on how Sialkot, a city in northeast Pakistan, produces about 70% of the world’s supply—including Adidas’s Al Rihla, the official ball of the 2022 FIFA World Cup in Qatar: If you have a soccer ball in your house, there’s a pretty good chance it came from Sialkot, a city in northeast Pakistan […]
Read more »Via Business Insider, an article on Ghana’s recent decision to buy oil with gold instead of dollars, as foreign currency reserves dwindle to an alarming low: Ghana’s government is planning to use gold to pay for oil instead of shelling out US dollars. The move is expected to reduce the “persistent depreciation” of the cedi, the […]
Read more »Courtesy of The Diplomat, a look at Vietnam’s energy transition, a country which emerged as a regional leader in renewables, but some thorny challenges ahead: Earlier this fall, U.S. climate envoy John Kerry shone a spotlighton Vietnam, urging the Southeast Asian nation to “do what is sensible” and refocus its energy sector by investing in renewables and […]
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