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Kobe Steel and Mitsui to partner on DRI project in Oman

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The project aims to produce 5 million tons of DRI with a future expansion plan under study. 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. The steel industry is working on reduction of CO₂ emissions to address climate change.

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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.

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

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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.

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France’s IFPEN studying industrial potential of onshore sources of natural hydrogen

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IFPEN now is launching a new research project investigating the viability of industrial exploitation. The H 2 used in industry is mainly produced by converting natural gas (CH 4 ), which has the downside of emitting CO 2. Initial exploratory work has already shown that continuous onshore natural H 2 emissions occur frequently.

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Oil Prices Running Out Of Reasons To Rally

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percent in intraday trading on Monday, after a report at the end of last week showed another solid build in the US rig count, the tenth consecutive week that the oil industry added rigs back into the field. The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. mb/d in December to 2.7