Space Industry and Business News  
OIL AND GAS
Saudi Arabia names senior diplomat as 1st climate envoy
by AFP Staff Writers
Riyadh (AFP) May 29, 2022

Saudi Arabia announced Sunday it had named a senior diplomat as its first climate envoy, as officials vow to ramp up oil production while pursuing ambitious goals for emission cuts.

The appointment of Adel al-Jubeir, the minister of state for foreign affairs, to the envoy role was announced as part of a series of royal orders decreed by King Salman.

The announcement did not include details about the envoy's mandate.

Jubeir, who previously served as foreign minister and ambassador to Washington, will continue in his role at the foreign ministry.

Saudi Arabia, the world's top oil exporter, has been cashing in on the spike in energy prices resulting from Moscow's invasion of Ukraine.

In early May, the kingdom announced that economic growth in the first quarter had risen 9.6 percent compared to the same period in 2021, which the statistics authority said represented "the highest growth rate in (the) last 10 years".

It has resisted US entreaties to raise oil output in an attempt to bring prices down in the wake of the Ukraine war, instead stressing its commitment to the OPEC+ oil alliance, which Riyadh and Moscow lead.

Saudi energy minister Prince Abdulaziz bin Salman said earlier this month that the country expected to ramp up its daily oil production capacity by more than one million barrels to exceed 13 million barrels by 2027.

Yet last year, Saudi Arabia pledged ahead of the COP26 climate change summit to achieve net zero carbon emissions by 2060, sparking scepticism from environmental campaign group Greenpeace.

With increasing urgency to limit global warming, experts warn of the need to reduce fossil fuel use.

Speaking on a panel last week at the World Economic Forum in Davos, Saudi economy minister Faisal Al-Ibrahim disputed the notion that his country's policies were in conflict.

"We will continue to advocate increased capacity. We will also continue to advocate... reducing emissions," he said.

"These two points do not contradict each other. The last thing we want is focusing on climate change without focusing on energy security."


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Researchers from Goethe University Frankfurt develop new biobattery for hydrogen storage
Frankfurt, Germany (SPX) May 27, 2022
The fight against climate change is making the search for carbon-neutral energy sources increasingly urgent. Green hydrogen, which is produced from water with the help of renewable energies such as wind or solar power, is one of the solutions on which hopes are pinned. However, transporting and storing the highly explosive gas is difficult, and researchers worldwide are looking for chemical and biological solutions. A team of microbiologists from Goethe University Frankfurt has found an enzyme in ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Building stock and waste as the important potential resources of Urban mining

Chemists at Jacobs University discover new class of compounds

Sunsmart streets using recycled rubber last twice as long

Is excavated soil and rock a waste? Sintering utilization says no

OIL AND GAS
Dutch researchers teleport quantum information across rudimentary quantum network

Space Rapid Capabilities Office awards $1.4B effort to BlueHalo

Secure communication with light particles

China launches three low-orbit communication test satellites

OIL AND GAS
OIL AND GAS
Astrocast acquires Hiber, accelerates OEM strategy.

Volunteers watching the skies for the weather and stars

EUSPA celebrates its first 365 days of new Galileo operations

Xona passes critical testing milestone as private GNSS readies for launch

OIL AND GAS
Successful loads calibration test reaffirms NGC's confidence in its digital models

B-21 Raider's path to flight readiness

Advanced Air Mobility aims to shorten travel time

Activists hand KLM ultimatum for 'greenwashing' case

OIL AND GAS
Thermal insulation for quantum technologies

The way of water: Making advanced electronics with H2O

Going gentle on mechanical quantum systems

US, EU team up on chip making and Russia disinformation

OIL AND GAS
AI and machine learning are improving weather forecasts, but they won't replace human experts

GHGSat doubles capacity to monitor methane emissions with three new ABB-built optical sensors

New class of substances detected in atmospheric chemistry

Danish astrophysics student discovers link between global warming and locally unstable weather

OIL AND GAS
Big tobacco's environmental impact is 'devastating': WHO

Jordan's plastic trash turned into art with a message

Abu Dhabi moves to restrict single-use plastics

UN says rich countries putting children around the world at risk









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.