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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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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.

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

Green Car Congress

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.

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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.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. CCC is a globally diversified company specializing in Engineering and Construction.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. —US EIA.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

billion passengers are expected to fly globally in 2024, up from the previous record of 4.5 Analysts at American Express Global Business Travel say that average ticket prices across all regions are not expected to change significantly. Jump to: Credit… Chanelle Nibbelink A record 4.7 Finally, A.I.

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