Orpic plans to commission Sohar Refinery Improvement Project (SRIP) in the fourth quarter of 2016 and Muscat Sohar Product Pipeline (MSPP) in 2017, says Musab Al...
Darwish bin Ismail Al Balushi, Minister Responsible for Financial Affairs said the government decision to amend the fuel prices will come into effect from January 15,...
Confronting a drop in oil prices and mounting regional turmoil, Saudi Arabia reduced energy subsidies and allocated the biggest part of government spending in next year’s...
Oil slid from the highest level in three weeks, snapping the longest run of gains since April as Iran repeated its goal of boosting exports after...
US energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on most US crude exports, the first of many...
Oman’s super petrol production in the first 11 months of 2015 registered a growth of 7.4 per cent compared to the same period of last year.
GE Oil & Gas has won two contracts from Petroleum Development Oman (PDO) for the supply, testing, installation and commissioning of a fleet of electric motor...
Orpic (Oman Oil Refineries and Petroleum Industries Company SAOC) recently signed more than 15 agreements to build, operate and finance the Liwa Plastic Industries Complex.
Bank Muscat Asset Management as part of the bank’s ‘Let’s Do More’ vision and partnership to work together to achieve the strategic investment objectives of valued...
Oman’s crude oil production rose 3.05 per cent or by 995,708 barrels per day to 29.87 million barrels in November.
