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bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

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bp and the Ministry of Energy and Minerals in Oman signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement which will support the potential development of a multiple gigawatt, world-class renewable energy and green hydrogen development in Oman by 2030. —Bernard Looney, bp chief executive.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

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Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

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Of this, 662 mbd of capacity is likely to be from new-build refineries while the remaining will come from the expansion of existing refineries. Among new build refinery projects, the planned Yulong refinery in China is likely to add a capacity of 141 mbd in 2024. —Teja Pappoppula, Oil and Gas Analyst at GlobalData.

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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The company is the largest supplier of methanol to North America and is also a significant supplier to the European Market. Proman, based in Wollerau, Switzerland, has extensive experience building methanol production facilities. The Big Lake Fuels LLC facility will produce 1.4 The Big Lake Fuels LLC facility will produce 1.4

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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Green methanol is the only market-ready and scalable available solution today for shipping. It develops, builds, and operates renewable electricity projects globally with a pipeline consisting of 20 GW renewable energy capacity. Production must be increased through collaboration across the ecosystem and around the world.

Green 199
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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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Pending completion of investment sourcing, we are poised to press ahead with further market expansion and development of our higher volume model, the Fisker Atlantic. Al-Futtaim and its network of experienced retailers will allow Fisker to reach customers in the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Egypt. 2012 Fisker Karma.

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