Via Wall Street Journal, a video look at Oman which is investing billions to modernize the city of Muscat as it sheds its reliance on oil. WSJ explores whether it can offer a more practical model for a Middle Eastern city, versus the glitzier approach of its neighbors.
Read more »Via The Green Prophet, a look at some of the Middle East’s most significant wind energy projects: In recent years, the Middle East has emerged as a significant player in renewable energy, embracing the potential of wind power to diversify its energy mix and reduce reliance on fossil fuels. Despite being synonymous with oil-rich landscapes, […]
Read more »Via Bloomberg, a report on Oman’s role in the international transfer of Russian oil: Crude heading to India being reloaded in waters off the nation Rise in activity comes as US steps up scrutiny of the flows Suezmax New Discovery carrying Russia’s Urals crude heads to Sohar, Oman, after idling of the west coast of […]
Read more »Via The Business Year, a look at Oman ambitious energy transition plan and hopes to become a leading producer of green hydrogen: The export of petroleum has fueled the growth of Oman’s economy since the 1960s. The Sultanate’s energy sector is now trying to present the world with another export: hydrogen. Last winter, the inaugural Green Hydrogen Summit Oman (GSHO) was […]
Read more »Via Bloomberg, a report on a Singapore wealth fund’s new investment in green hydrogen: They take $115 million minority stake in clean energy startup InterContinental Energy has projects in Australia and Oman Singapore’s sovereign wealth fund GIC Pte and green hydrogen fund Hy24 are investing $115 million to take a minority stake in InterContinental Energy, a startup […]
Read more »Via Forbes, an article on Oman’s $1.1B investment into bitcoin mining infrastructure: H.E Sheikh Mansour Bin Taleb Bin Ali Al Hinai, Chairman of Oman’s Authority for Public Services Regulations, publicly commented in a press statement about his nation’s government support of privately-owned bitcoin mining facilities, which are set to attract a total investment of over […]
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