Friday, June 12, 2026
Tensions will likely grow as China seeks bigger role in the Arctic- oil and gas 360

Tensions will likely grow as China seeks bigger role in the Arctic

CNBC China’s ambitions to take a more significant role in the Arctic will likely lead to growing tensions, according to risk consultancy firm Control Risks. China has developed a “prominent presence” in the region since joining the Arctic Council as an observer in 2013, Oksana Antonenko, director at Control Risks, told CNBC’s “Squawk Box Asia.” The Arctic Council is made up of

Dubai launches region’s ‘first industrial scale’ green hydrogen plant- oil and gas 360

Dubai launches region’s ‘first industrial scale’ green hydrogen plant

CNBC A Dubai-based project described as the “first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa” has been inaugurated, with those behind the development hoping it will help catalyze the region’s renewable energy sector. In a statement Wednesday, Siemens Energy said power for the pilot project — a collaboration with the Dubai Electricity and Water Authority