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Sunday, December 21, 2025 | Jumada al-akhirah 29, 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

Oman’s OPAZ to target new petrochemical investments

The proposed petrochemicals complex will source its feedstock requirements from the Duqm Refinery.

Iran, European powers to hold nuclear talks ahead of Trump return

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Bureau Veritas wins Oman solar and wind contract

EU nod boosts Oman’s green steel export hopes

Vitkovice Steel is the largest producer of steel plates in the Czech Republic

Oil prices steady amid demand-supply tug of war

Petroleum engineer controlling work of oil well pump jack.

Saudi crude exports to China decline in February

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Oman LNG delivers first LNG cargo to Shell

Eng Salim al Aufi, Minister of Energy and Minerals, alongside senior officials from Oman LNG and Shell at Oman LNG's state-of-the-art facility in Sur.

Oil rises as investors return from holidays, eye China recovery

US oil demand surged to the highest levels since the pandemic in October at 21.01 million barrels per day (bpd), up about 700,000 bpd from September.— Reuters

Russian gas era in Europe over after Kyiv ends transit

A gas worker walks between pipes in a compressor and distribution station of the Urengoy-Pomary-Uzhgorod gas pipeline, some 30 km (19 miles) from the south-western Russian city of Kursk. — Reuters

Oil prices post 3% annual decline, slipping for second year in a row

The sun sets behind the chimneys of the Total Grandpuits oil refinery, southeast of Paris, France. — Reuters

Manah II solar IPP commences commercial operations

Manah II stands as Sembcorp’s largest utility-scale solar farm within its global renewables portfolio

Aussie firm acquires Oman-focused Tethys Oil

With Tethys Oil’s acquisition, ROC is set to make its debut in Oman’s upstream energy sector

Oil holds steady in thin holiday trade

Oil prices were also supported by optimism for Chinese economic growth next year that could lift demand from the top crude oil importing nation

Big oil scales back renewable investments

Tank wagons stand in line next to sulphur stored at Tengiz oil and gas refinery plant in western Kazakhstan. - Reuters File

Energy and utility sectors perform steadily in 2024

Gas production ticked up notably during the first nine months of the year
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