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Qatar invests $125M in energy storage company Fluence

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Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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The results suggest a transformative opportunity to unlock the Gulf’s potential as a cost-effective source of low-carbon hydrogen for Europe. The concept of a hydrogen pipeline connecting Qatar, Saudi Arabia, Egypt, and traversing the Mediterranean Sea to Europe may seem ambitious, but initial assessment indicates its feasibility.

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Qatar and Shell sign Heads of Agreement for the development of a ~$6.4B petrochemicals complex in Qatar

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Mohammed bin Saleh Al-Sada, Minister of Energy and Industry of the State of Qatar, and Peter Voser, CEO of Shell, signed a Heads of Agreement that sets the scope and commercial principles for the development of a world-scale petrochemicals complex in Ras Laffan Industrial City, Qatar.

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Qatar Petroleum and UOP to research more efficient treatment of natural gas

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Qatar Petroleum (QP) and UOP LLC, a Honeywell company, have signed a joint research agreement on “Process Optimization of CO 2 and Sulfur Components Removal from Natural Gases.” QP develops/operates onshore and offshore oil and gas fields in Qatar, including exploration, field development, production, refining, transport, and storage.

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Qatar Airways looking to take up to a 10% stake in alcohol-to-jet company Byogy, along with off-take agreement

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Bloomberg reports that Qatar Airways Ltd. In March, Byogy announced a joint venture with Qatar Airways as well as other partnerships including a feedstock agreement with Brazilian sugar cane ethanol producer Itapecuru Bioenergia and fuel off-take terms with Brazil’s Azul Airways. Chris Schroeder, Qatar Airways Senior.

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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 The technology used is similar to that of the pioneering ORYX GTL plant in Qatar. Click to enlarge.

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Williams F1 Establishes Technical Center in Qatar; Initial Focus on Commercial Development of Magnetically Loaded Composite Flywheel

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Williams F1 and the Qatar Science & Technology Park (QSTP) formally signed an agreement to inaugurate the Williams Technology Center (WTC). To celebrate the announcement, the Qatar Science & Technology Park identity will form a prominent element of the team’s on-car race livery for this weekend’s inaugural Abu Dhabi Grand Prix.

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