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Tuesday, April 07, 2026 | Shawwal 18, 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.

Oman advances diverse energy portfolio: EDO

Oman moving towards integrated, diversified energy portfolio - EDO

RO 2.1 billion disbursed in subsidies last year

The largest share of subsidies, amounting to RO 565 million, was directed to the electricity sector.

Oman’s liquid H2 corridor a model for global hydrogen trade

The Liquid Hydrogen Corridor could serve as a clean energy artery linking the Middle East with Europe.

OETC completes fault current limiter project

The project has a total investment value exceeding RO 4 million.

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.
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