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...
The price of Omani crude oil for December 2022 delivery hit US$89.76 per barrel, today [October 20], constituting an increase of US$4.02 per barrel from the...
Global oil prices rose by more than a dollar a barrel, continuing their gains this week, while investors awaited the movements of OPEC producers to adjust production...
The appraisal programme on the Al Jumd discovery in Block 56 (onshore) in the Sultanate is continuing with the recent spud of the Al Jumd-3 well...
Washington: Americans may finally be catching a break from relentlessly surging prices — if just a slight one even as inflation is expected to remain painfully...
The energy ministers of the Organisation of Petroleum Exporting Countries (OPEC) and their independent partners – the ‘OPEC+’ group – decided to increase crude oil supplies...
