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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

Oil prices inch up on hopes for more China stimulus

China plans to boost fiscal support for consumption next year by increasing pensions and medical insurance subsidies for residents and expanding trade-ins for consumer goods— Reuters

Russia's domestic LPG prices halve following EU embargo

A sharp rise in LPG supplies to the domestic market led to a collapse in wholesale prices in Russia to around 14,000 roubles ($140) per metric ton in December from 28,000 roubles at the end of November — Reuters

Oil prices rise 1% in thin pre-holiday trade

FGE analysts said they expect the benchmark prices will fluctuate around current levels in the near term— Reuters

OQ raises $2.5 billion from latest two IPOs

OQ joint venture Duqm Refinery posted a significant increase in net processing capacity in 2024.

Norway’s Electrofuel plans e-SAF project in Oman

A number of international players, along with their local partners, are progressing initiatives to support e-SAF production in Oman (Picture for illustration only)

MoAFWR announces new food security projects

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Enhancing Workforce in the Energy Sector

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China’s JA Solar to invest $540m in Oman project

JA Solar is currently ranked among the largest manufacturers and exporters of solar PV systems globally

Oil fell after Fed signals slower easing ahead

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KSP Oman to boost energy grid efficiency

Tae Hyun Choi, Senior Advisor and Head of the Korean Delegation for the KSP Consultation with Oman.

First-ever battery storage option for Oman’s Ibri III solar project

Battery storage allows solar power plants to store excess energy generated during the day for use at night or when demand is higher. Picture for illustration only.

Hydrom targets global investors in green hydrogen expansion

Hydrom targets global investors in green hydrogen expansion

Oman eyes global liquid hydrogen export

Rumaitha al Busaidy, Business and ICV Development Manager at Hydrom Oman, and Ellen Ruhotas, Head of Hydrogen Midstream at Ecolog, shared insights on advancing Oman’s liquid hydrogen export capabilities.

New PDO wind farms to host 36 turbines

New PDO wind farms to host 36 turbines

Wave of new solar power projects on anvil in Oman

Around 8.5 GW of new generation capacity – distributed across the renewables and thermal power segments – will be developed across Oman over the next six year.
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