Oman crude jumps to over $100/b for first time in 8 years
Oman crude prices surged more than 5 per cent on Tuesday to $100.85 per barrel as international oil markets weighed a coordinated international release of crude inventories against Russian supply...
Oman to award three Oil & Gas blocks this year
Eng Salim al Aufi, Under-Secretary of Oman's Ministry of Energy and Minerals, said the government is planning to award three more blocks to oil and gas companies this year to ramp up the country's oil...
Oman crude surges to $96.51 per barrel
Oman crude jumped nearly 4 per cent to reach $96.51 per barrel in trading on the Dubai Mercantile Exchange (DME) on Tuesday, tracking seven-year highs witnessed by leading international benchmarks...
39.7% increase in price of Oman crude in 2021
Key trend: China remained the dominant destination for Omani crudeThe average price of Oman crude oil saw an increase of 39.7 per cent by the end of December 2021 compared to the same period in 2020,...
TRA partners with US firm to enhance 5G networks in Oman
The Telecommunications Regulatory Authority (TRA) of the Sultanate of Oman has entered into a collaborative partnership with Ookla, a US-based digital media and internet company, as part of the...
Tethys Oil net result up by more than 400%
Tethys Oil, a Swedish oil company, which holds interests in Oman’s Blocks 3&4, Block 49, Block 56 and Block 58, announces that its net result is up by more than 400 per cent. This was revealed by...