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Energy Transition

State-of-the-art satellites are making it easier to identify and address methane emissions. (Image source: Adobe Stock)

Methane emissions from the energy sector remained near a record high in 2023 – but new policies and regulations, as well as fresh pledges stemming from COP28 Dubai, have catalysed efforts to reduce methane emissions and could result in a decline, according to the International Energy Agency (IEA)

Oil and gas companies are increasingly turning to hydrogen as an alternative fuel source. (Image source: Synergy)

Germany’s state-controlled firm Securing Energy for Europe (SEFE) recently announced that it plans to invest around US$540mn in repurposing some of its underground gas storage sites and gas pipelines into infrastructure fit for storing and transporting green hydrogen

A keen focus on accelerating the global energy transformation and exploring opportunities at the cusp of the transition towards sustainability will be the central themes at this year’s 49th edition of Middle East Energy (MEE)

Momentum is building for hydrogen development in Egypt. (Image source: Adobe Stock)

Egypt is progressing green hydrogen development with the introduction of incentives for hydrogen production and agreements to develop green hydrogen projects, with a view to providing 5-8% of the world’s hydrogen by 2040

Dr Sultan Al Jaber called for action to achieve climate targets. (Image source: Adobe Stock)

COP28 president Dr. Sultan Al Jaber has urged global stakeholders to take action to ensure implementation of the UAE Consensus, the measures agreed on at COP28 that aim to keep the average global temperature rise below 1.5°C

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