The energy ministers of the Organisation of Petroleum Exporting Countries (OPEC) and their independent partners – the ‘OPEC+’ group – decided to increase crude oil supplies...
Oil prices globally rose by more than US$1 per barrel today, extending gains from the previous trading sessions following a bullish trend among investors, a drop...
Dr Mohammed Al Balushi, CEO, Shell Oman Marketing Company SAOG shares insights on the company’s contribution to the energy transition journey and support to Oman’s Carbon...
Nord Stream 1, the natural gas pipeline that runs under the Baltic Sea from Russia to Germany, has resumed pumping gas to Germany after 10 days of...
Oman’s exports of liquefied natural gas (LNG) increased during the first half of this year by 8 per cent to nearly 5.9mn tonnes, compared to 5.5mn...
For the very first time, sand is being used to store thermal energy thanks to the work done by Polar Night Energy, a Finnish company. Polar Night Energy...
A looming recession that is brought into effect by the Ukraine-Russia conflict has resulted in a dearth of gas resources (imported from Russia) in Europe –...
By Ole Hansen, Head of Commodity Strategy at Saxo Bank The commodity sector remains under pressure from a whole host of negative developments. In early June, the...
Gas prices on the London Stock Exchange rose today to their highest levels over the last four months, reads a report issued by the Oman News...
National Oil Companies (NOCs) need to rethink their operating model and clearly link it with their strategic objectives to deliver the expected future production, cost, and...
