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...
The German government announced an ‘alert level’ for its gas emergency plan in light of the decline in gas supplies from Russia. In a statement issued...
The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed today a land development (usufruct) agreement with Green Hydrogen and Chemicals Company (GHC), a...
The United States’ Department of Energy has reportedly awarded contracts to sell up to 45mn barrels of crude oil from their Strategic Reserve as part of an...
Oman LNG’s revenues by the end of 2021 recorded an increase of 31 per cent to reach US$3.278bn compared to 2020. The rise is driven by...
Oil prices in the Sultanate have risen by US$3.5 per barrel to peak at US$115.6 per barrel as per a statement revealed by the Oman News...
Oman Investment Authority (OIA) announced its investment in US-based Crusoe Energy, as part of its continuous efforts to diversify its international investments across different countries and...
