Oil slumped below $65 a barrel to the lowest level since May as the US Federal Reserve signaled it was set to start tapering asset purchases...
With the deadlock over oil output still unresolved, the 23 member states of OPEC+ gathered again today to reach a consensus on oil output. Since May...
Muscat: Al Shawamikh Oil Services SAOC, a leading Super Local Community Contractor (SLCC), accepted the delivery of high-tech automated hoists, which are the first of their...
Muscat: Oil & gas giant British Petroleum (BP), in partnership with OQ, PTT Exploration and Production Public Company Limited (PTTEP), Petronas and the Ministry of Energy...
Muscat: The Sultanate will witness a price hike in fuel for the month of July this year. The prices are : 1. M91 — 227 baiza...
Muscat: In a bid to maintain the highest of quality standards for different entities operating in oil concession areas, Alshawamikh Oil Services – one of the...
Muscat: OQ Gas Networks – a subsidiary of OQ, has formalised a deal with Madayn for the acquisition of the gas networks constructed by the Madayn,...
Muscat: OQ saw one of their top executive officers, Ahmed al Jahdhami, CEO Downstream – to the Board of Directors of the Gulf Petrochemicals & Chemicals...
Muscat: Oman’s crude oil benchmark, better known as Oman Crude Futures Contract, has registered a remarkable recovery and posted a growth of by 300% on the...
According to sources familiar with the situation, oil giant Royal Dutch Shell is considering selling its stake in the United States’ largest oil field in order...
