Saudi Energy Minister: We Aim to Boost Oil, Gas Production, Plan to Export Hydrogen 29/4/2024

Custodian of the Two Holy Mosques, King Salman bin Abdulaziz stressed that Saudi Arabia is making major and lasting progress with its Vision 2030 national transformation plan. ...more

COP29 climate summit host Azerbaijan defends oil and gas investments 29/4/2024

Azerbaijan, host of this year's U.N. climate summit, will defend the right of oil and gas producing nations to invest in the sector, the country's president said on Friday, noting that despite climate targets, fossil fuel demand remains strong. ...more

Climate change a matter for politicians, not central banks: SNB 29/4/2024

Climate protection is very important for the Swiss National Bank, but the issue should be tackled by politicians rather than central banks, SNB Chairman Thomas Jordan said on Friday. ...more

OMV and Borealis sign long-term supply agreements with TOMRA for recycling feedstock produced from mixed waste 29/4/2024

OMV and Borealis have entered into long-term feedstock supply agreements for their recycling facilities with TOMRA Feedstock, a subsidiary of leading sorting technology producer TOMRA. These agreements ensure a consistent supply of sustainable and high-quality raw materials for OMV Group’s recycling operations. OMV will process feedstock supplied from TOMRA Feedstock plants in its ReOil® plants in Austria, while Borealis will process feedstock produced by TOMRA at its mechanical recycling operations in Europe.  The feedstock will be produced from mixed post-consumer plastic material otherwise lost to landfill and incineration at a first-of-its-kind sorting facility currently being developed by TOMRA in Germany. By contributing to the OMV Group’s strategic targets of producing circular products and solutions, these agreements play a crucial role in closing the loop in plastics to accelerate the transition to a circular economy. ...more

Conservation slowing biodiversity loss, scientists say 29/4/2024

Conservation actions are effective at reducing global biodiversity loss, according to a major study. ...more

Tadweer Group to develop plastic bottles return programme in Abu Dhabi 26/4/2024

Tadweer Group has signed a Memorandum of Understanding (MoU) with TOMRA, a leading innovator of reverse vending machines for Clean Loop Recycling, providing tech-led solutions that enable the circular economy. ...more

Survey finds that 60 firms are responsible for half of world’s plastic pollution 26/4/2024

Fewer than 60 multinationals are responsible for more than half of the world’s plastic pollution, with six responsible for a quarter of that, based on the findings of a piece of research published on Wednesday. ...more

Nature loss could slow UK growth 12% by the 2030s, report says 26/4/2024

Nature loss could pose a greater risk to Britain's economy than the COVID-19 pandemic and wipe 300 billion pounds ($373.83 billion) off UK economic growth if measures are not taken to slow it, the first such study shows. ...more

Battling climate change, Japan looks to seagrass for carbon capture 26/4/2024

On a recent Saturday, some 100 volunteers gathered on a popular beach in the Japanese port city of Yokohama, wading in the shallows to plant strands of light-green eelgrass on the seabed. ...more

Emperor penguins suffered mass breeding failures in 2023 amid record low sea ice 26/4/2024

Record low sea ice in late 2023 led to breeding failures in one-fifth of Antarctica's emperor penguin colonies, scientists with the British Antarctic Survey said on Thursday. ...more