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Saturday, December 20, 2025 | Jumada al-akhirah 28, 1447 H
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Energy

Energy giant BP extends shakeup with new CEO pick

LONDON: British energy giant BP, which this year shelved targets on reducing carbon emissions, has appointed industry veteran Meg O'Neill to be chief executive from April, replacing Murray Auchincloss who stepped...

Meg O'Neill, who is set to become BP's next CEO. — Reuters

Oman’s crude oil reserves dip 2.8% to 4.8 billion barrels

As of end-2024, Oman was home to 475 producing fields, comprising 400 oil fields and 75 gas fields

OIA launches $200 million JV energy transition fund

Top officials representing OIA and Templewater at the launch of the Energy Transition Fund on Wednesday.

New green steel project planned in Oman

New green steel project planned in Oman

Opec+ decision to raise production a ‘calculated risk’

The production adjustment reflects a deliberate strategy rather than a gamble, says Ali al Riyami, an energy expert.

4th I-REC auction to advance clean energy

Around 3 million International Renewable Energy Certificates (I-REC) are on offer in the latest auction.

Oman completes nationwide shutdown of 3G networks

TRA confirmed that the shutdown enhances energy efficiency.

Oman’s first green ammonia project begins receiving key cargo

A major shipment of project cargo arriving at Port of Duqm en route to ACME Oman’s green ammonia plant site in the SEZ (Picture credit: KR Shipping)

Oil prices drop as Israel agrees to ceasefire proposal

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Oil prices spike after US strikes on Iran

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Oman’s labour force tops 1.8 million in Q1

The private sector continued to lead employment with 1,409,215 workers.

Oman’s fiscal consolidation a model of economic reform: World Bank

Oman’s economic growth is projected to gradually accelerate, rising from 1.7 per cent in 2024 to 3 per cent in 2025, 3.7 per cent in 2026, and 4 per cent in 2027

‘LNG from Oman’: Unified brand for Oman’s LNG

“We’re delivering ‘LNG from Oman’ because that is the brand the global market recognises and trusts”

Japan returns to long-term LNG deals on AI boom, national energy plan

Japan has also been auctioning new gas-fired capacity to replace aging coal plants awarding 7 GW in the past two years— Reuters

Oil prices jump after Israel’s attack on Iran

مضخات نفط في حقل أيرانكول النفطي، كازاخستان. "رويترز"

Oman and EU target energy synergies through innovation and storage

Technologies like CO₂ batteries and pumped hydro are essential to support the stability and scalability of Oman’s renewable and hydrogen ambitions. Image for illustration only.
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