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...
Petroleum Development Oman (PDO), the leading exploration and oil and gas production company in the Sultanate has purchased GE Digital’s Advanced Energy Management System (AEMS). The GE...
Global crude oil futures, including the WTI and Brent, may continue to drop this week after the US and International Energy Agency (IEA) countries agreed to...
The Sultanate of Oman’s production of crude oil and condensates recorded an increase of 8.2 per cent by the end of February 2022 to reach 60,929,200...
