Saudi Arabia’s crude oil stockpiles fell from a record amid signs that overseas demand for refined products was picking up as margins improved.
Singapore-listed Rex International Holding Limited's indirect wholly-owned unit Rex Oman Ltd completed on Sunday the subscription of new shares in Masirah Oil Ltd (MOL), the company...
Orpic’s Aromatics Plant in Sohar recently completed a major milestone of completing 6 years of safe and successful operations without Lost Time Injury (LTI).
Petroleum Development Oman (PDO) today boosted Omani job and training opportunities by signing six contracts worth US$650 million over the next 10 years.
In celebration of Oman National Day and as part of its Gift to the Nation, BP Oman has signed an agreement with the National Museum to...
The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched “DME Auctions” platform.
According to a monthly report released by the Ministry of Oil and Gas, Oman’s production of crude oil and condensates stood at 29.95 million barrels in...
Opec has said its oil output fell in October and forecast supply from rival producers next year would decline for the first time since 2007 as...
Commemorating Customer Service Week, Oman Oil Marketing Company (omanoil) organized a series of initiatives and visits that aimed to reaffirm the company’s decade-long strategy of ‘caring...
The World Bank has said it is lowering its 2015 forecast for crude oil prices from 57 dollars per barrel in its July report to 52...
