Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released recently. According to...
(Bloomberg) — Some of China’s biggest state-owned banks have been invited to pitch for the Saudi Aramco initial public offering, people with knowledge of the matter...
Fujairah’s stockpiles of heavy distillates and residues fell down for the first time in three weeks on signs of additional demand amid higher prices at competing...
Rex International Holding Limited, the Singapore-based Oilfields firm, is looking to monetise its Oman asset by achieving its first oil production by the end of this...
Oman Oil Marketing Company (OOMCO) has ramped up its activities for Salalah’s khareef season. With a slew of exciting competitions and enhanced services to accommodate the...
The total production of crude oil and condensate was at 30.091 million barrels in July with a daily average output of 970, 682 barrels, a Ministry...
(Bloomberg) — Saudi Arabia’s oil fields, responsible for almost a 10th of global crude production, are in the firing line. Recently, they’ve been targeted by air,...
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun to restart...
Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah Oil Industry...
(Bloomberg) — Saudi Aramco’s senior executives can breathe a collective sigh of relief after the company’s first-ever earnings call with investors. The half-hour event was a pretty...
