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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.
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.
The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. It is this vision that has triggered a slew of recent green hydrogen investment deals in Abu Dhabi, Dubai, Egypt, Jordan, Morocco, Oman and Saudi Arabia. Many more will follow.
To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action.
Headquartered in Switzerland, with assets in the United States, Trinidad and Oman, and ongoing expansion into Mexico and Canada, Proman is a global leader in methanol, fertilizer and other products such as melamine. Proman (Switzerland). Proman is an integrated energy company and the world’s second largest methanol producer. WasteFuel (US).
Source: VinFast VinFast signs with BAT to sell EVs in the Middle East Per a release from VinFast today, it has signed an agreement with Bahwan Automobiles Trading LLC (BAT), which has become the automaker’s official dealer and will aid in distributing its EVs in the Oman market.
This accelerating pace brings ambitious climate targets closer, but continued rapid progress is still needed to meet the Paris Agreement’s 1.5C Meanwhile, Germany has already exceeded its solar capacity target for all of 2024, and is on track to meet its new target for 2026, which is set out in its National Energy and Climate Plan.
The Nature paper suggests that weakening winds have enabled the formation of stronger cyclones in recent years—including storms in 2007 and 2010 that were the first recorded storms to enter the Gulf of Oman. Cyclone Phet in 2010 struck the coastlines of Pakistan and Oman and caused nearly $2 billion in damage. Amato T.
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