A mega-container ship that is costing billions in lost revenue in trade, Ever Given now enters its fifth day* as a stranded vessel disrupting international trade...
Muscat: Petroleum Development Oman (PDO) signed contracts with Arabian Industries Project (AIP) and Special Technical Services (STS) totaling US$4 Billion for project delivery, maintenance, and integrity...
BP has agreed to sell a 20 per cent participating interest in Oman’s Block 61 to PTT Exploration and Production Public Company Limited (PTTEP) of Thailand...
(WAM) – The UAE’s overall crude oil reserves reached 97.8 billion barrels in 2019, according to figures released today by the Federal Competitiveness and Statistics Authority,...
(WAM) — Over 30 of the world’s leading oil, gas, and petrochemical chief executives will join a virtual roundtable hosted by the Abu Dhabi National Oil...
(WAM) — The OPEC Fund for International Development, OFID, and the West African Development Bank, BOAD, have signed a Framework Agreement to further strengthen their development...
Even before the coronavirus pandemic, the oil and gas industry was faced with slumping prices. However, with a record collapse in oil demand amid the coronavirus...
(WAM) — Dubai recorded AED551 billion worth of non-oil external trade in the first half of 2020. The emirate’s ability to minimise the impact of the...
MENA committed gas investments hold steady while planned gas investments reach USD126 bn, a 29% increase compared to last year; The impact of COVID-19 will accelerate...
Muscat: The price of Oman oil for December Delivery 2020 has touched US$41.91 at the Dubai Mercantile Exchange (DME), as per an Oman News Agency report....
