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 […]
Read more »Courtesy of Fast Company, a look at an innovative Oman-based startup (44.01) focused on carbon sequestration: Of all the countries in the Middle East that you might expect to host a startup that is advancing in the storage of carbon dioxide — and thus, keeping it out of the atmosphere — Oman probably isn’t the […]
Read more »Via TRT World, a report on a new deal between Türkiye, Oman sign deal to purchase 1.4B cubic metres of gas per year: Türkiye is signing a new gas deal with Oman, the Turkish energy minister has announced, a move to diversify Ankara’s gas supplies. “We will purchase 1.4 billion cubic metres of gas annually and […]
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