Another bid for synthetic fuel: Abu Dhabi’s oil champion Adnoc has signed an agreement with British carbon-neutral synthetic fuel producer Zero Petroleum to explore setting up a new plant for synthetic fuels in the UAE, according to a statement released on Thursday.

What we know: The pact will pave the way for assessing plans for a large-scale facility combining the British company’s technology with green hydrogen, renewable power, and carbon capture. Such a plant “would focus on commercial scale production using Zero’s breakthrough fuel technology,” the statement said.

About the company: Zero produces 100% fossil-fuel free petroleum-based products that are synthesized by water recycling and atmospheric carbon dioxide using renewable energy, according to the company’s LinkedIn. It aims to become a key leader in supplying fully circular and carbon-neutral products at scale.

REMEMBER- Adnoc wants to speed up its roadmap to carbon neutrality: Adnoc recently said it is planning to reach net zero by 2045, instead of its originally planned 2050, and double its carbon capture capacity by 2030.