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Monday, April 06, 2026 | Shawwal 17, 1447 H
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Energy

Oman output set at 821,000 bpd under Opec+ plan

MUSCAT, APRIL 6Oman’s crude oil production is set to reach 821,000 barrels per day (bpd) in May 2026 following a fresh Opec+ adjustment aimed at reinforcing market stability amid evolving global supply dynamics.The...

The Sultanate of Oman, alongside seven other key producers, agreed to implement a combined production increase of 206,000 bpd beginning May 2026.

PDO’s contribution climbs to $22.5 billion in 2024

PDO is focused on sustaining the momentum of its 2024 production performance.

Electricity production in Oman grows by 11% until end of April 2025

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Refinery output in Oman sees modest growth

Production of regular motor fuel (91) reached 7.39 million barrels, up from 6.68 million barrels in May 2024.

Renewables share of Oman’s total power output climbs to 11.5%

Renewables share of Oman’s total power output climbs to 11.5%

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
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