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 […]
Read more »Via Al Monitor, a report on the Gulf states’ focus on green hydrogen: After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing “green” hydrogen as they try to transition their economies and ease the climate crisis at a stroke. Oil producers Saudi Arabia, the United Arab Emirates and Oman are investing heavily […]
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