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Saturday, May 16, 2026 | Dhu al-Qaadah 28, 1447 H
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Energy

OQEP posts RO 71.9mn Q1 profit despite weaker oil prices

MUSCAT: OQ Exploration & Production (OQEP), the upstream energy arm of OQ Group, reported a net profit of RO 71.9 million for the first quarter of 2026, demonstrating resilience in the face of lower global oil and gas...

OQEP continued to make progress on its growth and exploration strategy during Q1

Oman’s renewables share to rise to at least 10% by year-end

The Ministry is designing a new National Renewable Energy Database platform to enable the allocation preparation of new sites for renewable energy projects

Turbines arrive for Oman’s biggest wind farms project

Wind turbine installed as part of the PDO-linked wind farms

Oil edges up as investors focus on Trump-Xi Talks

The Strait of Hormuz, a key energy gateway, has been largely shut since the war broke out at the end of February. ـــReuters

New regulatory framework for carbon markets to drive Oman’s Net Zero Strategy

The new framework seeks to reinforce Oman’s position as a trusted supplier of high-integrity carbon credits.

Oman unveils low-carbon transition strategy

Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, addressing the media on Wednesday.

Oman plans first Round-the-Clock renewable energy project

The proposed large-scale Round-the-Clock (RTC) renewable energy project seeks to integrate solar, wind and battery storage technologies.

Updated energy strategy targets production boost

Sixty-four exploration and appraisal wells were drilled in 2025, reflecting continued investment in enhancing reserves.

Oman updates Net Zero Strategy, launches carbon framework

Daily production of crude oil and condensates currently averages approximately one million barrels per day

Oman targets renewables share of 60-70% by 2040

Renewable energy capacity is projected to reach 26.6 gigawatts by 2030, alongside the production of one million tonnes of green hydrogen annually by 2030.

OQGN issues 2025 Sustainability Report

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The Green Dividend: Oman’s new carbon partnership with Japan

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Aramco CEO warns 1 billion barrels lost will slow recovery

President and CEO of Saudi's Aramco, Amin H. Nasser

Saudi Aramco net profit up 25% in Q1, 2026

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Refinery output in Oman up 0.2% to 56.5 million barrels

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War and energy shortages boost China’s Influence in Asia

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