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Energy

Oman’s oil exports reach 25.8 million barrels in January

MUSCAT: Oman exported approximately 25.82 million barrels of oil by the end of January 2025, with an average price of $72.5 per barrel, according to data from the National Centre for Statistics and Information (NCSI).Oil...

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Oman oil price reaches $86.79/barrel

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Oil prices lifted by summer demand hopes

A worker fills a vehicle with petrol at a gas station in Riyadh, Saudi Arabia. — Reuters

Oman remains a significant player in the global LNG market

Last year, Oman exported 11.43 million tonnes (MT) of LNG, making up 3% of the world’s total LNG exports.

Copper production picks up pace in Oman

Copper ore mining at Washihi-Majaza in Al Mudhaibi Wilayat

Revenues from PDO’s hydrocarbon output top $22 billion in 2023

PDO plans to raise oil production over the coming years to reach its target of 700,000 bpd

Former top officials of Raysut Cement found guilty, fined RO 50m

Raysut Cement plant in Salalah

Oil eases as stock build raises spectre of slower US demand

Crude oil pump jack in the Permian Basin in Loving County, Texas, US -REUTERS

Oman records significant surge in energy and minerals sectors in 2023

Oman's crude oil and oil condensates reserves stood at approximately 4,971 million barrels.

Heavy oil production from Oman Mukhaizna field tops 600m barrels

Facilities at Oxy Oman’s Mukhaizna field in Block 53.

9 bidders prequalified for RO 155m Ibri III Solar IPP

The Ibri III Solar PV project is the fourth large-scale solar scheme to be developed in Oman.

Oman’s oil production dips 5.5% during Jan – May period

China retained its leading position as the biggest importer of Omani crude.

Oman’s GDP reaches RO 10.4 bn in Q1 2024

The manufacturing sector grew 7.9 per cent in the first quarter.

Omani green steel project secures offtake pledges covering 100% of capacity

Vulcan Green Steel’s Arnaud Guerendel (centre) with his European colleagues.

Barka Water and Power commences early power at full plant capacity of Barka 1 IWPP

Barka Water and Power confirmed that it met the early power conditions and notified PWP of the plant's readiness for full dispatch capacity of 412 MW.

Oman's producer price index decreases by 1.7% in Q1

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