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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

Investment sought for Oman’s first agri-solar project

Conceived as a circular agri-solar park, the proposed project will help advance Oman’s food and energy security goals (Picture for illustration only).

OQ8 celebrates LRT success and refining capacity boost

A key part of OQ8’s success has been its ability to optimise refinery capacity without major modifications.

Oman oil price rises to reach $79.18 per barrel

The monthly average price of Omani crude oil for February delivery reached $73.16 per barrel.

New flowline set to boost operations at Yumna Field

The new flowline became operational in late January 2025, allowing the seamless transfer of produced fluids from the field.

MENA region recorded 54 IPOs raising $12.6bn during 2024

The IPO of OQEP was the largest to date in Oman.

Bangladesh seeks power supply from Adani plant

The logo of the Adani Group

OQ8 celebrates ‘OQ8 Day’ with 110% refining milestone

This milestone underscores OQ8’s commitment to driving growth, sustainability, and operational efficiency in the energy sector.

Oman’s power and minerals sectors drive economic growth

These initiatives not only strengthen the country’s infrastructure but also create jobs and enhance resource utilisation while reducing environmental impact.

Oman’s natural gas production rises 4.9%

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Energy-generating walkways proposed in Oman

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OETC unveils green financing framework to drive low-carbon economy

This move aligns with Oman Vision 2040 and the nation’s target of achieving net-zero carbon emissions by 2050.

Oman oil price dips amid global market volatility

The monthly average price of Omani crude for January delivery was recorded at $72.46 per barrel.

Oman launches RFQ for two gas-based power projects

The two new gas-based projects are slated to be launched over the 2028-29 timeframe

Lanka revokes power purchase deal with India's Adani

Electric power transmission pylon miniatures and Adani Green Energy logo seen in this illustration

Trump’s climate withdrawal creates rare discord among Big Oil

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