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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.

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Kobe Steel and Mitsui to partner on DRI project in Oman

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OPAZ is an Omani authority that oversees all the special economic zones and free zones in Oman, and PODC is an Omani entity that operates the Port of Duqm. Kobe Steel and Mitsui have also been in discussion with the Sultanate of Oman’s Ministry of Energy and Minerals on detailed condition for natural gas supply.

Oman 218
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Consortium developing green hydrogen megaproject in Oman

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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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Plug Power expands hydrogen supply chain partner network in Spain with CLH

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At the international level, the company is developing an ambitious expansion plan and conducts its business in the UK, Oman, Ireland, Panama and Ecuador. CLH has an international presence in logistics, fuel storage and delivery in markets including motor, aviation and marine.

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

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High-capacity refineries require access to reliable sources of crude oil inputs to maintain higher utilization and to a sufficiently large pool of potential customers to supply. The refinery’s return is likely to decrease petroleum product prices and increase supply, particularly in south and southeast Asian markets.

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GECF: more than a quarter of 2050 natural gas supply untapped

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The Gas Exporting Countries Forum is an international governmental organization of 20 Member Countries—Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, Venezuela, Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the United Arab Emirates—which jointly control 71% (..)

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Saudi Arabia And Iran Reignite The Oil Price War

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Saudi Arabia, OPEC’s largest producer, has been boosting oil production to offset supply disruptions elsewhere, including the anticipated loss of Iranian oil supply after U.S. The Saudis are also cutting their prices to the prized Asian market to lure more customers as they increase supply. a barrel above the Dubai/Oman average.