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Thursday, September 19, 2024 | Rabi' al-awwal 15, 1446 H
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Energy

Fuel production surges 25 per cent in Oman

MUSCAT: Automotive fuel production in Oman surged by 25 per cent in July 2024 compared to June, despite a 2.4 per cent drop in total refinery and petroleum industry output by the end of July compared to the same period...

Production of regular motor fuel (91) fell by 9.6 per cent, with output reaching 8.685 million barrels.

Significant prospective oil resources unveiled in Block 58

Block 58 covers an area of 4,557 square kilometres.

OQ achieves notable growth in Upstream and Downstream segments

The OQ8 complex in Duqm SEZ

Oil rises as Middle East worries offset US crude stock build

A worker fills a car at a Shell fuel station in Johannesburg, South Africa.— Reuters

Oil prices turn higher as Middle East ceasefire hopes wane

Miniatures of oil barrels and a rising stock graph are seen in this illustration. — Reuters

BP issues upbeat quarterly outlook

3D printed windmill is seen in front of displayed BP logo in this illustration picture. — Reuters

Mexico to cut at least 330,000 bpd of crude exports in May

The Dos Bocas refinery from the Mexican state-run oil producer Petroleos Mexicanos (PEMEX) is pictured in Paraiso, Tabasco state, Mexico. — Reuters

Oil prices edge lower on Middle East ceasefire talks

An aerial view shows an oil factory of Idemitsu Kosan Co in Ichihara, Japan. — Reuters

OQ launches accelerator programme for start-ups

OQ launches accelerator programme for start-ups

MDO progresses several strategic mining projects in Oman

MDO builds a portfolio of upstream and downstream projects aimed at commercialising Oman’s mineral wealth

Oman’s OQ Group targets 5 GW of renewables by 2030

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Oil steady, bolstered by lower supply concerns

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina-REUTERS

OQ Group reports OMR 970 Million profit in 2023

OQ achieved an average production of around 246,000 barrels of oil equivalent per day by the end of December 2023

OQ Group 2023 net profits amount to RO 970 million

OQ, the global energy group, reported revenues of RO 13.7 billion in 2023.

Oman holds significant potential for CCUS projects: Oxy

Mitigation of routine flare, GHG emissions and methane leaks is a key priority.

Oman’s vision for liquid hydrogen corridor to Europe gets fresh boost

LNG logistics specialist GasLog is developing a new generation of liquid hydrogen carriers for the global market. Picture for illustration only.
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