Disruption in the Strait of Hormuz has exposed the vulnerability of global trade to a single maritime chokepoint, with early data showing sharp falls in exports of energy, fertilizers and industrial products, the United Nations said in its report on Tuesday. The analysis focuses on 12 energy, fertilizer, and industrial products for which Hormuz-dependent economies […]
SALALAH: Public confidence in Oman’s energy and minerals sector cannot be built through project announcements and performance indicators alone, the Under-Secretary of the Ministry of Energy and Minerals said on Sunday, calling for clearer information on how national resources are managed and the economic and social value they generate. Mohsin bin Hamad al Hadhrami, Under-Secretary […]
MUSCAT: Canada Business Holdings Inc (CBH), a Canadian project development and investment company, has announced plans to explore energy-related investment opportunities in the Sultanate of Oman. Ottawa-based CBH said in a statement that its interest in Oman follows a decision to formally close its development file for a proposed petroleum refinery project in Tunisia for […]
The UK has some of the oldest houses in Europe. Half of the homes in England are rated below band C on energy performance certificates. This measure rates a property’s energy efficiency from A (most efficient) to G (least efficient), indicating potential energy costs and environmental consequences. To reduce carbon emissions and energy costs, various […]
BUSINESS REPORTER MUSCAT, JUNE 30 During the official visit of a high-level delegation from the Sultanate of Oman to France, three strategic agreements were signed in Paris in the presence of His Majesty Sultan Haitham bin Tarik and Emmanuel Macron, President of the French Republic. The agreements mark a significant milestone in the strengthening of […]
MUSCAT, JUNE 29 Oman’s power sector authorities are studying the feasibility of developing the Sultanate’s first Pumped Hydro Energy Storage (PHES) project, which would harness the Wadi Dayqah Dam in Muscat Governorate as the cornerstone of the landmark energy storage initiative. Pumped hydro energy storage technology uses surplus electricity – typically generated by solar and […]
SUHAR: The Youth Center, in partnership with SOHAR Port and Freezone, has concluded the Sustainability and Renewable Energy Programme. The programme included the participation of 50 young men and women, comprising graduates of scientific and engineering disciplines as well as entrepreneurs interested in clean energy and sustainability. It was held during the period from April […]
U.S. President Donald Trump’s declaration of a national energy emergency on his first day back in office framed fossil fuel production as a geopolitical weapon. “Energy dominance” — flooding global markets with American oil and liquefied natural gas (LNG) — would reassert American power, undercut China’s clean-technology leverage and discipline allies into dependence. Eighteen months […]
