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. It is this vision that has triggered a slew of recent green hydrogen investment deals in Abu Dhabi, Dubai, Egypt, Jordan, Morocco, Oman and Saudi Arabia. Many more will follow.

Fusion 170
article thumbnail

MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

Green Car Congress

As part of MHTL’s potential investment into G2X Energy and the Big Lake Fuels plant, MHTL will enter into the negotiation of an exclusive offtake agreement to market the entire production of methanol from Big Lake Fuels’ first methanol plant. The facility will be constructed by the Proman Group under a fixed price EPC contract.

Trinidad 210
article thumbnail

Oil Prices Running Out Of Reasons To Rally

Green Car Congress

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. The gains in the rig count come even as oil prices have held steady in the mid- to low-$50s per barrel. The pace and magnitude of each trend will ultimately drive oil prices one way or the other.

article thumbnail

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

Baua Electric

Analysts at American Express Global Business Travel say that average ticket prices across all regions are not expected to change significantly. Reasons for the falling prices include increased airplane capacity — the number of seats on a given route — and a drop in the cost of jet fuel. But airline capacity, Ms. Finally, A.I.

Egypt 97