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Saturday, August 15, 2026 | Rabi' al-awwal 1, 1448 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Energy

IEA cuts oil demand forecast as Hormuz remains shut

Paris: The International Energy Agency on Wednesday sharply reduced its forecast for global oil demand this year, as supplies remain crimped by the closure of the Strait of Hormuz and high prices deter buyers. Demand is...

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Oman crude falls to $86.93

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Oil prices rise as hopes for Hormuz deal fade

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Gulf shipping traffic down after Saudi tanker attack

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Saudi Aramco profits soar 44% despite war

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Oman oil price drops

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Oman launches EPC tender for Ras Markaz oil park expansion

The move advances the next phase of the Ras Markaz development in the Special Economic Zone at Duqm (SEZAD).

Oman crude rises to $79.60 per barrel

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India's SgurrEnergy eyes Oman expansion to support clean energy goals

With its planned pipeline of solar and wind projects, BESS systems, and green hydrogen-linked infrastructure, Oman represents a strategic market: SqurrEnergy

Liwa dam reaches 50% completion

The project has progressed steadily since construction began in April 2025.

Oman Chromite H1 net profit jumps 52%

Oman Chromite obtained its first mining licence within Concession Area 11-A in northern Oman.

Abraj Energy’s order book swells to record RO 953m

Abraj Energy recorded its highest rig utilisation rate in the past 12 months, with 24.6 active rigs out of a fleet of 27 at the end of June.

India plans up to quarter of 2027 LPG imports from US

A man loads LPG cylinders onto a cart at a warehouse in Mumbai

5 Things to know about Meta’s giant data center

An aerial view of the construction of the massive data center in Richland Parish, La., the largest of its kind to be built by Meta, on Jan. 20, 2026. The road to the giant project was paved with secret meetings and an ever-expanding building plan.

Energy sector urged to demonstrate impact, not just announce projects

Top officials of Oman’s energy and minerals sector participating in the Salalah forum.

Hormuz vessel crossings fall further over security concerns

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 21, 2026. REUTERS/Stringer
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