article thumbnail

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.

Oman 284
article thumbnail

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

Green Car Congress

The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. Since its formation in 1952, CCC has become one of the leading international contractors with a worldwide turnover of more than US$4 billion and managing 60,000 personnel composed of more than 80 nationalities.

Fusion 170
article thumbnail

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC.

article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia 150
article thumbnail

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

The showcase for Chevron’s efforts—and its international center for heavy oil technology—is the 110-year-old Kern River field in the San Joaquin Valley in California. for the first quarter of 2011, according to data from the California Department of Oil, Gas & Geothermal Resources (DOGGR). in 1988 to just above 2.3

Chevron 244
article thumbnail

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

For every kJ of chemical energy in the fuel for a spark ignition internal combustion engine, 73 % is sacrificed to chemical and thermal losses. A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. The operations in Kuwait and Iraq use approximately 431 million gallons of fuel per year.

Congress 150
article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Saudi Arabia and Kuwait might, and should be encouraged to do so. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Governments might link low-carbon technology with foreign and security policy, as they did with oil and gas.

Carbon 207