“We need an urgent global transition to clean and renewable energy, and national governments need to actively promote and manage the transition from fossil fuels and nuclear energy to renewable energy sources,” said a few non-governmental organizations in a statement released ahead of the COP-26 climate summit which will open in Glasgow, Scotland on October […]
A new report, titled ‘Hydrogen: From Hype to Reality,’ has called on the importance of developing integrated strategies to produce, store and use hydrogen energy, WAM states. As the world strives to achieve net-zero emissions, it noted that hydrogen would be crucial to decarbonize hard-to-abate industries, such as steel, cement, aviation, and shipping. The report […]
A mosque in Bidiyah in North Sharqiyah has been fitted with solar panels as part of efforts to switch several places of worship to renewable and sustainable sources of energy, Times of Oman reports. The Obaid bin Saeed Al Hajri Mosque is the first in the Sharqiyah region and the second in Oman on which […]
A new report produced by Oxford Business Group (OBG) in partnership with Alkhorayef Petroleum explores the crucial role that digitalization and innovation are poised to play in the global oil industry’s recovery, Times of Oman states. The “Oil & Gas Services: Post-Pandemic Prospects” report, part of OBG’s Covid-19 Response Report (CRR) series, provides data-driven analysis […]
Bahrain’s Ambassador to the UK Shaikh Fawaz bin Mohammed Al Khalifa participated in a conference organized by the Conservative Party Council for Middle East Affairs (CMEC), BNA reports. The “Global Britain and the Middle East: Challenges and Opportunities” conference was held on the sidelines of the Conservative Party Conference in Manchester. The conference, moderated by […]
The latest report from credit ratings agency Moody’s found that despite ambitions to diversify Gulf economies away from fossil fuels, the results have been ‘limited’ and efforts will be constrained by lower oil prices, Al Jazeera states. The clock is ticking for Gulf economies to end their overreliance on fossil fuels, as more countries around […]
Utico, the Middle East’s leading full-service utility and the only private water and power company in the UAE, announced its entry into hydrogen production by 2024, GD Online reports. In a statement at the ongoing WETEX and Dubai Solar Show, Utico also said that it was exiting the Clean Coal Carbon capture project it had […]
In Europe, there is a shortage of natural gas and a fivefold increase in gas prices before the onset of winter. In addition, the northern hemisphere has now added oil shortages, Euronews states. Experts warn that in the event of severe frosts, heat bills could increase by 40%. Gas prices rose due to growing industrial […]
The Public Establishment for Industrial Estates (Madayn), along with Mubadrah and Solar Wadi signed on October 12 an agreement covering the establishment of a 100MW solar PV farm in Suhar Industrial City to be operational in 2022, Oman Observer states. The project is part of the overall strategy of Madayn in providing a significant portion […]
US-based global technology firm KBR has announced that it has been selected by India’s ACME Group to provide its breakthrough technology for a green ammonia project to be built in Oman at an estimated cost or $3.5 billion, Oman Observer states. Under the terms of the contract, Houston-based KBR will provide technology license, engineering, proprietary […]
