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

Green Car Congress

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.

Oman 321
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Consortium developing green hydrogen megaproject in Oman

Green Car Congress

An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman.

Oman 284
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DEME and partners developing HYPORT DUQM, a large-scale green hydrogen project in Oman

Green Car Congress

DEME Concessions and Omani partners are partnering to develop a world-leading, green hydrogen plant in Duqm, Oman.

Oman 269
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448
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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

Green Car Congress

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. —Teja Pappoppula.

Asia 195
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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Following recent Q4 2023 results that relayed a miss on annual delivery targets, Vietnamese EV automaker VinFast continues to bolster its global presence with the help of distribution specialists. The Vietnamese automaker sees Oman as a new market that promises plenty of projected growth.

Dealers 52
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VinFast signs first dealer agreement in the Middle East

Teslarati

Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. It will be VinFast’s first operation in the Middle East, a significant step towards the company’s global expansion.

Dealers 97