Image Source: The nature conservancy The country is using its existing energy infrastructure to fast-track its green transition. Ahead of the COP28 climate talks in Dubai later this year, the role of oil and gas-producing economies in the clean energy transition is coming into sharp focus. Ensuring that countries – including those that have relied on oil […]
Image Source: Arabiandaily A roundtable held against the backdrop of the World Economic Forum’s (WEF) annual meeting in Davos (Switzerland) spotlighted the role of three major Belgian companies in supporting the energy transition in the Sultanate of Oman. Represented at the roundtable were top executives of marine engineering and contracting giant DEME (part of the […]
Image Source: Chemistry World A key study led by Omani scientists underscores the potential for the Sultanate of Oman to capitalize on the abundance of high-quality silica sand for cost-competitive thermal energy storage – a prerequisite for the large-scale production of green hydrogen and green ammonia in the country. Publication of the study, titled ‘Silica […]
Image Source: Muscatdaily Oman’s longstanding drive to diversify its predominantly hydrocarbon-dependent national economy has gained strong impetus in recent years on the back of a combination of landmark legislative actions, policy interventions, reinforced organizational mandates and enhanced investment regimes, according to the International Monetary Fund (IMF). The UN global financial agency said in its newly […]
Image Source: ResearchGate Mineral ores at the heart of modern technologies driving the global energy transition can be found in abundance in the Sultanate of Oman, says the Ministry of Energy and Minerals. Sustainable commercialisation of these ores can help unlock substantial deposits of nickel, lithium, cobalt, rare earth minerals, Platinum Group Metals (PGMs), copper, […]
Image Source: Oman Daily Modest cuts have been announced in subsidy allocations across a range of utilities and essential services in the 2024 State Budget of the Sultanate of Oman. This is in line with the government’s commitment to gradually rolling back subsidies – part of its longstanding bid to reduce the budget deficit. Subsidy […]
Image Source: Oman Ssustainability Week Projects ranging from rail electrification and energy storage systems to offshore wind farms and waste-to-energy schemes are among dozens of initiatives that will qualify for green finance under the Sustainable Finance Framework launched by the Sultanate of Oman last week. The framework, the first of its kind in the Gulf […]
Image Source: ZAWYA A new General National Policy for Waste Management is also envisioned for launch in tandem with the new Waste Law Engineered landfill operated under the auspices of be’ah. A new law is currently being drafted that will pave the way for the privatization of the solid waste sector in the Sultanate of […]
Image Source: Oilprice Like other Gulf countries, Oman is dependent on oil and gas revenues for the major part of its export income, leaving it vulnerable to energy transition. It is therefore looking at large-scale production of carbon-free or ‘green’ hydrogen. With its magnificent renewable energy resources, huge areas of open land, and strategic location […]
Image Source: Ministry of Energy and Minerals The third edition of the Green Hydrogen Summit Oman has commenced. Hosted by His Excellency Dr. Khamis Al-Jabri, Chairman, Oman Vision 2040. Running until December 14th, 2023, at the Oman Convention and Exhibition Center, the event is supported by the Ministry of Energy and Minerals. The summit gathers industry […]