Oil futures experienced a notable rebound today, recovering more than US$1 a barrel from their seven-week lows, marking a positive shift in the market sentiment. Brent...
OQGN is well-positioned to play an essential role in energy transition through facilitating Hydrogen transportation and carbon capture development, says Mansoor Ali Al Abdali, Managing Director,...
Oman has reported a significant increase in foreign direct investment (FDI) by the end of the first quarter of 2023. The volume of FDI surged by...
When it comes to commodities that play a pivotal role in driving the global economy, the oil market reigns supreme in terms of sheer magnitude. A...
The Organisation of the Petroleum Exporting Countries (OPEC) maintained its forecast for global oil demand growth in 2023 for the fourth consecutive month. However, it also...
As it continues to step up its oil and gas exploration and exploitation efforts, CC Energy Development (CCED) recently announced that the acquisition of the first...
The Sultanate of Oman’s production of crude oil and condensates during February 2023 stood at 29.7 million barrels, or a daily average of 1.06 million barrels,...
Abraj Energy Services has signed a Memorandum of Understanding (MoU) with Energy Development Oman (EDO) to develop services related to oil and gas extraction operations. The...
The Dubai Energy Exchange has revealed a substantial increase in the actual delivery of Oman Crude in the year 2022, with a rise of 23 per...
The Sultanate’s oil production increased by 9.6 per cent in 2022, touching 388,434,800 barrels by the end of December, as per data revealed by the National...