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...
Oil prices globally rose by more than US$1 per barrel today, extending gains from the previous trading sessions following a bullish trend among investors, a drop...
Dr Mohammed Al Balushi, CEO, Shell Oman Marketing Company SAOG shares insights on the company’s contribution to the energy transition journey and support to Oman’s Carbon...
Nord Stream 1, the natural gas pipeline that runs under the Baltic Sea from Russia to Germany, has resumed pumping gas to Germany after 10 days of...
The Sultanate’s production of crude oil and oil condensates increased by 9.4 per cent until the end of May 2022 to reach 157,462,200 barrels compared to...
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...
Opec+ decided to keep its plan to increase production by 648,000 oil barrels per day during August 2022. This came during the organisation’s meeting last week...
Russia cut natural gas off to NATO members Poland and Bulgaria and has threatened to disconnect supplies to even more nations, the Associated Press (AP) news reported...
