Key leaders from the oil and gas sector, including Oman Oil Marketing Company’s CEO David Kalife, came together to discuss and find solutions to support the...
Demonstrating its financial robustness, Oman LNG has announced that it has successfully repaid its $2bn loan facility obligation ahead of schedule, signalling a positive credit mark...
Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is considering selling as much as 25 percent of its refinery business in a deal that could fetch at...
Ahead of the World Heavy Oil Congress and Exhibition (WHOC), set to take place at the Oman Convention & Exhibition Centre from 2 September – 4...
Saudi Arabia took its first major step onto the global financial stage to fund the heady ambitions of its crown prince, issuing $12 billion of bonds...
Oman Oil Marketing Company (OOMCO) has officially opened its state-of-the-art service station, ‘Lamaa’, in Dammam. At a grand ceremony held on 8 April, Abdul Hakim bin...
(Bloomberg) — Saudi Aramco can pump oil at a fraction of the cost of rivals and extracts more from beneath the Arabian Peninsula’s deserts and seas than...
Saudi Aramco was the world’s most profitable company in 2018, easily surpassing U.S. behemoths including Apple Inc. and Exxon Mobil Corp., according to an extract of...
(Bloomberg) — In the cutthroat game of global capitalism, there can be only one winner. Unless you’re an oil company. Both BP and Shell are claiming the...
(Bloomberg) — The world’s biggest oil-exporting region may lose billions of dollars in annual revenue when an arcane United Nations requirement for ships to burn cleaner fuel...
