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...
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...
