First Omani industrial city listed on MSX’s Third Market
MUSCAT: Al Rusayl Industrial City — the first industrial cluster established in the Sultanate of Oman — has been formally listed on the Third Market of the Muscat Stock Exchange (MSX), marking a...
Novel tech to unlock ultra-heavy oil reservoir
MUSCAT, JAN 6 Two US-based, energy-linked firms have announced that they have been selected by the Omani government to assess the viability of deploying advanced electric heating technology to unlock...
Uptrend in Oman’s non-hydrocarbon revenues
MUSCAT, JAN 5 Non-hydrocarbon revenues — encompassing taxes, levies, fees and other non-oil income streams — continue to trend upward, reflecting the Omani government’s sustained efforts to...
Gas deals lift Oman’s net gas revenues in 2026
MUSCAT, JAN 4 Net gas revenues are projected to rise by 10.4 per cent to RO 1.961 billion in fiscal 2026, up from an estimated RO 1.777 billion in 2025, marking a notable increase driven largely by a...
Oman spent RO 7.3 bn on subsidies during 10th Plan
MUSCAT: The Omani government’s subsidy allocations for key utilities and public services totalled a substantial RO 7.3 billion over the 2021–2025 period of the 10th Five-Year Plan, underscoring...
Oman to advance 20 PPP and Offset projects in 2026
MUSCAT, Jan 2 More than 20 projects and initiatives are planned for advancement and implementation during 2026 under the Omani government’s Public-Private Partnership (PPP) programme, as well as its...
1,600 MW of solar and wind projects under procurement in Oman
MUSCAT,: Having overseen a sizable increase in renewable energy capacity in 2025, Nama Power and Water Procurement Company (Nama PWP) – the single buyer of electricity and desalinated water in the...
30 clean energy sectors to power Oman’s growth
MUSCAT, DEC 31 A new report by the Majan Council, a Muscat-based think tank focused on regional development and advancement, has identified 30 clean energy–related sectors with strong potential to...
Oman mulls ‘Unified Gas Buyer’ for power sector
MUSCAT, DEC 30 The Ministry of Energy and Minerals has revealed that it is studying the establishment of a ‘Unified Gas Buyer’ for Oman’s electricity sector, a move aimed at supporting the...
Project to position Oman as global grain trading hub
MUSCAT, DEC 29 A Memorandum of Understanding (MoU) signed recently between Salalah Mills Company SAOG and the Port of Salalah will pave the way for the development of a Strategic Silos Project at...
Al Duqm emerges as Oman’s launchpad for Petrochemicals 2.0
MUSCAT, DEC 28 A new chapter in Oman’s industrial development is taking shape in Al Duqm, as policymakers, energy companies and industrial leaders converge around a shared vision for...
OQGN invites Expressions of Interest for CO₂ pipeline network in Oman
MUSCAT: OQ Gas Networks (OQGN), part of OQ Group, has invited local companies to submit Expressions of Interest (EoIs) outlining the roles they could play in a future national CO₂ pipeline network,...
Study maps job potential of Oman’s clean economy
MUSCAT, DEC 25 Oman’s clean economy—spanning renewables, green hydrogen, e-fuels and other low-carbon technologies—represents not just an environmental and technological transition, but a...
OQ Trading eyes global growth
MUSCAT, DEC 24 OQ Trading (OQT) – the international trading arm of Oman’s integrated energy group OQ – expects its trading volumes to exceed 60 million tonnes in 2025, up from 55 million tonnes...
$50m investment to boost PET waste recycling
MUSCAT, DEC 23 In a significant boost for efforts to recycle PET plastics — currently estimated to account for roughly half of all plastic waste ending up in landfills — an agreement has been...
Second desalination plant to be solar powered in Oman
MUSCAT, DEC 22 The Barka V Independent Water Project (IWP), which entered commercial operation in South Al Batinah Governorate in June 2024, is preparing to integrate a solar photovoltaic (PV) farm...
Funding boost for Oman polysilicon project’s parent company
MUSCAT: Ahead of the start of trial production at its landmark US$1.6 billion polysilicon complex in Sohar Freezone, United Solar Polysilicon’s parent, United Solar Holding Inc, has secured a US$30...
Solar Wadi targets 500 MWp of renewable capacity in Oman
MUSCAT, DEC 20 Solar Wadi, one of Oman’s pioneering independent renewable energy companies, is targeting the development of around 500 MWp of cumulative renewable capacity over the next three...
Oman strengthens e-fuels pipeline with Swiss-backed Suhar initiative
MUSCAT, DEC 19 A Swiss-backed sustainable fuels project proposed in Oman could ultimately be underpinned by up to 2 gigawatts (GW) of dedicated renewable electricity, a scale that would place it...
Omani solar PV module project expanded
Oman-based American Advanced Clean Energy (AACE) has expanded the capacity of its solar photovoltaic (PV) module manufacturing plant in Salalah Free Zone, targeting the lucrative US market by...