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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

Gulf exports to Korea nearly halve in 2023

Hydrocarbon exports from the Gulf to Korea fell by 47.2% in 2023.

Oman posts RO 540m surplus on oil gains

Oil revenues rose by 26 per cent year-on-year to RO 7.45 billion, while gas revenues climbed to RO 1.82 billion, marking a 16 per cent gain from budget estimates.

ADNOC Drilling enters Oman market in $112m deal

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Oman’s HyDuqm hydrogen project eyes FID in 2027

The project is slated to enter the engineering design phase before the end of this year.

Oman-Yemen power grid interconnection under study

Interconnectivity enabled the export of 775,637.38 MWh of power from Oman, and import of 63,948.41 MWh through the existing GCCIA linkage.

OPEC+ expected to open taps despite price slump

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Duqm to anchor OQ’s e-fuels push

The e-fuels hub will support the production of synthetic fuels — namely e-Methanol, e-Gasoline, Sustainable Aviation Fuel (e-SAF) and e-NG (synthetic natural gas).

Oman’s small-scale solar sector projected to reach 130 MW by year-end

Solar rooftop and ground-mounted systems with an aggregate capacity of 92.5 MW were in operation by 2024-end.

PDO offers high-potential oil acreage for investment

Area-A in Qarn Alam Cluster is thought to hold over 1 billion barrels of STOIIP

Oil prices fall 1% on potential OPEC+ increase

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OETC plans 51 power transmission projects across Oman by 2029

A large portfolio of solar PV and wind farms are planned to be integrated into the national grid over the next five years.

Oil prices jump on report of Israel prepping Iran strike

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Nama Electricity invests RO 154 million in smart network

NEDC’s RO 154 million investment is designed to strengthen Oman’s power grid for the future.

Crackdown on illegal power connections uncovers 3557 cases in Oman

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Energy shift must balance business, climate

Emry Hisham Yusoff, Senior General Manager of Carbon Management Division at Petronas, during a panel at the Oman Petroleum & Energy Show (OPES) 2025.
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