Al Maha Petroleum, Hydronova to develop hydrogen solutions

06/01/2026 07:56 AST

Al Maha Petroleum Products Marketing announced the signing of a Memorandum of Understanding (MoU) with Hydronova, aiming to cooperate in the development and operation of innovative hydrogen-based solutions and technologies.

This collaboration will particularly focus on maintenance solutions utilising hydrogen injection technology for trucks and heavy equipment.

Under the terms of the MoU, the agreed technologies will be implemented in multiple phases, either through Al Maha's service stations or via other operational models.

The scope will include maintenance solutions and refueling technologies, contributing to enhanced operational efficiency and supporting the transition toward more sustainable energy solutions.

Hamed Al Maghdari, Chief Executive Officer of Al Maha Petroleum Products Marketing, stated: "This collaboration represents one of the company's strategic future projects, reflecting Al Maha's direction toward diversifying its business and transitioning from reliance on liquid fuels to becoming an integrated energy company. This aligns with our long-term vision to keep pace with transformations, innovation, and developments in the energy sector."


Trade Arabia

News

Al Maha Petroleum launches its new premium PowerPlus 98 fuel in Oman

06/10/2025

Al Maha Petroleum has launched PowerPlus 98, a high-octane petrol (98 RON) designed to meet the needs of modern engines requiring precise combustion and better engine responsiveness. Produced in Oma

Times of Oman

Al Maha signs diesel supply agreement for Fahud heavy oil production Facility

19/09/2025

Extending Al Maha's relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company's Chief Executive Officer, Eng. Hamed bin Salim Al Maghdri, signed a ne

Times of Oman

Al Maha Petroleum, Takaful Oman sign digital insurance deal

04/08/2025

Takaful Oman and Al Maha Petroleum have partnered to offer Sharia-compliant insurance solutions directly through Al Maha's digital platforms.

The partnership aims to improve accessibility f

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

MHAS Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
OQEP 0.48 0.00 (0.00%)
OTEL 1.35 -0.02 (-1.46%)
OQGN 0.22 0.00 (0.00%)
PHPC 0.28 0.00 (0.00%)
ABRJ 0.40 0.00 (0.00%)

Recent News

APM Terminals Bahrain onboards first cohort of MARSA interns

21/09/2026

APM Terminals Bahrain, operator of Khalifa Bin Salman Port, has welcomed its inaugural cohort of Bahraini students and fresh graduates under its newly launched MARSA Internship Programme.

Th

GDN Online

Gulf Bank marks World Cleanup Day with Blajat beach cleanup campaign

21/09/2026

In line with its commitment to environmental sustainability and community engagement, Gulf Bank organized a beach cleanup campaign at Blajat Beach in collaboration with the Touristic Enterprises Comp

Kuwait Times

AlRayan Investment advises Baladna on its landmark rights issue

21/09/2026

AlRayan Investment (ARI) has announced the successful completion of the landmark rights issue of Baladna, one of the largest capital increases on the Qatar Stock Exchange (QSE) in the last few years.

Gulf Times

OQ deepens Oman-Angola energy ties during Royal visit with strategic cooperation memoranda

21/09/2026

OQ, Oman's global energy investment group, has signed two memoranda of cooperation to explore opportunities for collaboration across a range of energy and industrial sectors, strengthening economic a

Gulfnews

talabat appoints new Chief Marketing Officer

21/09/2026

talabat, MENA's leading everyday app, has appointed Selin Suzer as Chief Marketing Officer.

Suzer joins talabat from within the Delivery Hero group, where she was serving as Chief Marketing

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap