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

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DEME Concessions and Omani partners are partnering to develop a world-leading, green hydrogen plant in Duqm, Oman. The feasibility phase will be followed by the detailed design and engineering, further project development and finalization of offtake routes and financing.

Oman 269
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EIA: At least 9 new refinery projects to come online before end of 2023 in Asia and Middle East; 2.9 MMb/d

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A new 230,000 b/d refinery is set to come online in Duqm, Oman, likely in early 2023. These estimates do not necessarily include all ongoing refinery capacity expansions,EIA noted.

Asia 418
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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

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

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A new 230,000 b/d refinery operated by a joint venture between state-owned-firms OQ (of Oman) and Kuwait Petroleum International is set to come online in Duqm, Oman, likely in early 2023. A new 140,000 b/d refinery is scheduled to come online in Karbala, Iraq, this September, targeting to be fully operational by 2023.

Global 448
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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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The purpose is to strengthen the integration of technology and finance, to accelerate the transformation and industrialization of technological achievements, to drive the realization of 2030 sustainable development goals, and explore for a green development model. Proman (Switzerland).

Green 199
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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.

Fisker 277