Oman Firm Replaces Sanctioned Alrosa in Angolan Diamond Miner
November 30th, 2024
Via Bloomberg, a report that an Omani firm has acquired shares in an Angolan diamond-mining venture: An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC. Maaden International Investment LLC’s stake purchase was announced by Mineral Resources Minister Diamantino Azevedo on Thursday. Alrosa, which held a 41% interest in the Catoca […]
Read more »Can Oman’s $2.6 Billion ‘Smart City’ Break the Dubai Archetype?
September 27th, 2024
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 »Not Just Oil: Wind Farms of the Middle East
May 5th, 2024
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 »Oman Becoming Hot Spot for Ship-to-Ship Transfers of Russian Oil
March 31st, 2024
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 »Could Oman Lead the Green Hydrogen Revolution?
March 17th, 2024
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 »Singapore Wealth Fund and Hy24 Invest in Green-Hydrogen Company
September 28th, 2023
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 »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.