S. Korea, UAE to cooperate on stable supply of key resources

Korea, UAE to cooperate on stable supply of key resources

Korea, UAE to cooperate on stable supply of key resources

[Contribution] A partnership built on trust — and built to grow

By Dr. Sultan Ahmed Al Jaber Trust is built in decades and proven under pressure. As one of the world's largest net energy importers, few economies understand this principle better than South Korea. Korea's industrial strength rests on a simple premise: that the partners it relies on will always be there. The UAE has been one of those partners for more than four decades. Korea’s massive refineries run on imported crude and one in ten of every barrel they use comes from the UAE. This is energy th

UAE–Korea partnership to study establishment of Korean Industrial Zone in UAE

UAE–Korea partnership to study establishment of Korean Industrial Zone in UAE

UAE, South Korea deepen cooperation in energy, nuclear and emerging technologies

Photo Credit : WAM The UAE and South Korea have explored new opportunities to expand their strategic partnership in energy, nuclear power and advanced technologies during high-level talks in Abu Dhabi. Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the UAE Ministry of Energy and Infrastructure, met with South Korean Trade, Industry [] The post UAE, South Korea deepen cooperation in energy, nuclear and emerging technologies appeared first on Middle East News 247.

Saudi government grants Acwa exclusive green hydrogen export mandate

RIYADH — The Saudi government has granted Acwa an exclusive mandate to export green hydrogen and its derivatives produced in the Kingdom to international markets.The company has also been assigned to develop renewable electricity export projects serving Europe and the Arab region.The approval gives Acwa the exclusive right to export Saudi-produced green hydrogen, including green ammonia, green methanol and green fuels, as global demand for low-carbon energy accelerates.Under the mandate, Acwa will also develop projects for the production, transmission and export of renewable electricity to European and Arab markets, supporting regional energy security while expanding the Kingdom's clean electricity exports.Acwa currently manages a portfolio of 111 assets across 16 countries, with assets under management valued at SR468.9 billion (approximately 125 billion), reinforcing its position as a strategic partner in advancing Saudi Arabia's long-term economic diversification, industrial development and clean energy ambitions.