The Ministry of Energy and Minerals and Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, signed today a framework agreement for joint cooperation to...
The official price of Oman oil for October 2022 delivery on the Dubai Mercantile Exchange (DME) reached US$97.21 per barrel today. This comes following a US$1.37...
Oil prices in the Sultanate have risen by US$3.5 per barrel to peak at US$115.6 per barrel as per a statement revealed by the Oman News...
China and India retained their positions as top importers of Omani crude oil in 2020, as per reports issued by the National Center for Statistics and...
Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has signed a Memorandum of Understanding (MoU) with Kpler, the...
Muscat: bp, in partnership with the Ministry of Energy and Minerals, OQ and PETRONAS, today announced that production has begun from its Block 61 Phase 2...
Muscat: Oman’s crude oil production witnessed a marginal drop in the month of September 2020, despite substantial increase in imports by China and India. The Sultanate’s...