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: 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: Bloomberg Leading Canadian energy materials specialist Homerun Resources Inc has announced the signing of a non-binding Memorandum of Understanding (MoU) with Minerals Development Oman (MDO), the nation’s mining investment flagship, to jointly explore prospects for, among other things, the establishment of a first-of-its-kind solar glass manufacturing project in Oman. As a first step […]
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 […]
Image Source: The Economic Times EDF Renewables and Korea Western Power Corporation (KOWEPO) have secured financing for the Manah 1 project, a 500 MW solar power plant in Oman. Winning the project in response to a tender in September 2022, the consortium inked a power purchase agreement (PPA) with Oman Power and Water Company on […]
Image Source: Tara Energy Oman has significant potential to channel its deep expertise in the production of fossil fuels towards clean energy projects that could accelerate the country’s efforts to lower its emissions and diversify its economy, according to a new report from the International Energy Agency (IEA). Leveraging Fossil Fuel Capabilities for Clean Energy Transitions: Assessment […]
Image Source: Earth Org. Undersecretary of the Ministry of Energy and Minerals, H. E. Mohsen Bin Hamad Al Hadrami, recently signed a Memorandum of Understanding (MoU) with the Swiss Federal Office of Energy to enhance cooperation in sustainable and renewable energy and its technologies. The MoU focuses on green hydrogen projects, covering production, processing, storage, […]
Image Source: The Arabian Stories Officials estimate $38bn in committed spend from developers — but few are ready to take FID Oman’s state-owned hydrogen auctioneer Hydrom has this week awarded a block of land to the SalalaH2 consortium, bringing production capacity — if all six blocks awarded so far are developed — to 925,000 tonnes […]