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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

Shell to relinquish Oman blocks 42 and 55

Despite the planned exits, Shell still enjoys a substantial presence in Oman’s upstream energy sector.

China discovers first shale oil field with over 100m tonnes

The field is located in the Shengli Jiyang National Shale Oil Model Zone in Shandong Province

Oil rises for fifth day on supply concerns after Venezuela tariffs

The monthly average price of Omani crude oil for March delivery reached $80.26 per barrel.

‘Trailblazer Projects’ status for 3 CCUS ventures in Oman

OQGN is conceptualising the rollout of a pipeline network for the transportation of carbon dioxide in support of Oman’s decarbonisation and Net-Zero goals.

Oman opens new oil & gas concessions to boost investment

Several companies in the exploration, drilling, and development sector have already expressed interest in securing these concessions.

Oxy Oman sustains 2024 hydrocarbon output at 66K boepd

Oxy invested around $400 million in capital development across its Oman upstream assets in 2024

Oman’s oil exports reach 25.8 million barrels in January

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Musk’s layoffs shrink workforce needed to realise Trump’s energy agenda

Oil and gas drilling sites in New Mexico

Oil steady as economic concerns weigh despite

A worker walks past oil pipes at a refinery in Wuhan, Hubei province. — Reuters

10 projects underway to boost Oman’s gas transportation capacity: OQGN

Gas supply station in Duqm

Taqa platform expands mining services to boost investment

This enhancement builds on the platform’s existing services, such as managing auctions for public sites and concession areas.

Oman’s electricity output rises 7.6%

Muscat saw a significant drop of 19.4%, producing only 486.9 GWh by the end of the year.

Oxford Business Group releases report to drive green growth in Oman

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OOMCO to deliver clean energy to Port of Duqm

Representatives of Port of Duqm and OOMCO at the MoU signing.

Oman inks EPSA pact for Block 54 with OQEP, Genel Energy

Representatives of the Ministry of Energy and Minerals, OQEP and Genel Energy at the EPSA signing
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