Look at it from a demand base, not supply.
there is unlimited hyrogen, but limited oil.
EU has banned petrol & diesel cars from 2035, so someone will need to supply them with green hydrogen (for the minority of light vehicles which wont be battery EVs).
Oman is playing it smart, keep selling oil whiilst transitioning to the new world order. Oil will die, but very slowly.
Every big oil company knows there is money in Hydrogen, Fortescue is aiming to join the massive companies in the world.Last Week:
Shell: Shell to Invest $15B in Hydrogen and Green Energy by 2025 https://www.hydrogenfuelnews.com/shell-to-invest-15b-green-energy/8566215/
BP: FID on 2GW project in Spain https://renewablesnow.com/news/bp-takes-fid-on-initial-stage-of-spanish-green-hydrogen-project-865603/
Ann: Management and Organisational Update, page-151
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