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Thursday, December 18, 2025 | Jumada al-akhirah 26, 1447 H
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Energy

Fitch upgrades EDO to investment-grade BBB-

Muscat: Fitch Ratings has upgraded the credit rating of Energy Development Oman (EDO) to investment grade at 'BBB-', assigning a stable outlook. This action follows the agency's recent upgrade of the...

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Oil prices ease on stronger greenback

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PDO delivers breakthroughs in Oman’s drilling efficiency

The project saw the completion of 320 wells under the IPM framework.

Oil falls as China stimulus fails to boost sentiment

The monthly average price of Oman crude oil for November delivery reached $73.49 per barrel.

OQ workshop focuses on “Leadership with Control”

The workshop aimed to equip leaders with effective tools to support OQ’s growth.

Oman’s MB Group inks energy pact with Malaysian state

Representatives of MB Holding Group and Terengganu Inc at the MoU signing in Muscat

TotalEnergies Oman set to launch work on Marsa LNG project at Sohar port

Officials touring the site of the Marsa LNG project at Sohar Port.

Oil prices edge up as investors eye US election fallout

On Thursday, oil prices rose, reversing a post-election sell-off amid supply risks tied to a Trump presidency

Oman’s first PDH plant to be launched in Salalah

Oman’s OQBI sees potential for expansion into clean fuels

OQBI boasts a combined nameplate production capacity of 1,816 ktpa across its methanol, ammonia and LPG production plants in the Salalah Free Zone.

OQBI intends to float 49% on MSX

13 OQ Base Industries announces intent to float 49_ on MSX

Oil prices surge as OPEC+ delays output increase, gold rebounds

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OQ Base Industries to float IPO this month

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With oil prices weak, OPEC+ postpones output hike again

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Oman's oil exports hit 230 million barrels

The average export price stood at $82.6 per barrel.

Oil prices rise on optimism over solid US fuel demand

A pump jack is seen at sunrise near Bakersfield, California. — Reuters
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