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Hormuz vessel crossings fall further over security concerns

Vessel crossings ⁠via the Strait of Hormuz dropped further on Tuesday, ​shipping data showed, as ​security concerns lingered amid ongoing attacks by the United States and Iran. A total of three commodity vessels...

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 21, 2026. REUTERS/Stringer

Fury Mounts over a global AI frenzy and energy consumption

A Google data center in Santiago, Chile, July 13, 2025. As tech companies build data centers worldwide to advance artificial intelligence, vulnerable communities have been hit by blackouts and water shortages. (Marcos Zegers/The New York Times)

OQ posts $731 million net profit in H1

Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at $1.6 billion.

PDO’s ICV generates over $4.3 billion impact

The ICV strategy has led to the establishment of 83 manufacturing facilities in Oman, helping to expand the country’s industrial base.

OEDC secures financing worth RO385 million

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Vertical axis wind turbines make Oman debut

WhatsApp Image 2025-10-15 at 2.02.22 PM

23% growth in energy demand by 2030: OPEC

OPEC Secretary General Haitham Al Ghais

World breaks renewable records but must move faster: IRENA

Tripling renewables release tile image

Oman’s power output rises 9.4%, water output stable

Net electricity production rose by 9 per cent to 34,857.4 GWh.

EDO posts H1 revenues of $7.44 billio

EDO owns 60% of the Block 6 Petroleum concession operated by Petroleum Development Oman (PDO), 100% of Block 6’s non-associated gas concession

Port of Salalah inks deal for bio-fuel storage hub

Steven Yoogalingam, CEO – Port of Salalah (left), signing the strategic lease agreement with a senior executive of Horizon Energy

Jojoba project in Haima advances sequestration

The Rima Project under implementation in the Wilayat of Haima.

Oil steady amid ceasefire in Gaza, Ukraine tensions

Global oil demand averaged 105.9 million bpd in the first seven days of October, up 300,000 bpd from last year's level though 90,000 bpd lower than JP Morgan's estimates. — Reuters

Port of Salalah inks bio-fuel storage hub deal, broadening Oman’s clean-energy exports

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Energy Development Oman’s RO 50m sukuk listed on MSX

The listing reinforces EDO’s role as one of the largest state-owned energy companies and supports Oman’s growing Islamic capital market.

Oman–Saudi pact redefines Gulf industrial integration

Bilateral trade hit RO 1.575 billion — a 20% increase compared with the same period in 2024.
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