oil and gas

Fuel subsidy to cost govt over RO600mn in 2022-
June 23, 2022

Muscat – With the government set to keep the local fuel price stable at the October 2021 rate till the end of the year despite sharp increases......

Continue Reading >
OPAZ signs usufruct deal for first green hydrogen project in Duqm
June 23, 2022

Muscat – Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) on Wednesday signed the land usufruct agreement with......

Continue Reading >
OQ Group produces 218,000 barrels per day of oil
June 21, 2022

Muscat: OQ Group on Monday celebrated its achievements made by the upstream business of the Group. The ceremony was held under the patronage of Eng.......

Continue Reading >
Oman's fiscal efforts and higher oil prices to drive growth, IMF says-
June 18, 2022

Oman's fiscal reforms and higher oil prices are expected to boost economic growth and generate a budget surplus in the medium term, the International......

Continue Reading >
Former Bureaucrat now Oman’s new Minister of Energy and Minerals
June 17, 2022

Muscat: His Majesty Sultan Haitham Bin Tarik has issued a Royal Decree appointing Eng Salim Al Aufi, as the new Minister of Energy and Minerals.......

Continue Reading >
Oman wealth fund mulls IPOs in national energy assets
June 17, 2022

Oman’s sovereign wealth fund is considering an IPO of two units of petroleum company OQ as part of a larger disinvestment plan that seeks to......

Continue Reading >
OETC signs agreements with GCC Interconnection Authority
June 14, 2022

Muscat – Oman Electricity Transmission Company (OETC) on Monday signed three agreements with the GCC Electricity Interconnection Authority......

Continue Reading >
Oman Hosts GCC Meeting on Electricity Interconnection
June 10, 2022

Muscat, 9 Jun (ONA) --- The GCC Advisory and Regulatory Committee on Electricity Interconnection held its 51st meeting here today. The meeting discussed......

Continue Reading >
Oman denies sharing Hengam oil field with Iran
June 9, 2022

Muscat – The Ministry of Energy and Minerals has denied any agreement to distribute shares between Oman and Iran in the joint offshore oil......

Continue Reading >
Investment opportunities in oil, gas and renewables in Oman discussed
June 8, 2022

Muscat: The Ministry of Energy and Minerals, in conjunction with the Embassy of the Sultanate of Oman in the United Kingdom (UK) and the Anglo-Omani......

Continue Reading >