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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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Energy giant Shell reports drop in Q3 net profit

A general view of a new crude distillation unit under construction at Exxon Mobil's refinery in Beaumont, Texas. — Reuters

New ore plant to advance Oman’s position in sustainable steel production

The company aims to position Oman as a steady supplier of DR-grade iron ore products worldwide.

Energy and minerals forum highlights development path in Al Sharqiyah

The forum spotlighted ongoing and future projects in the energy and minerals sectors.

Oman eyes enhanced Brazilian investments in SEZs

Dr Ali al Sunaidy, OPAZ Chairman, with ABCC President Osmar Chohfi, during their meeting in Sao Paulo

Oman Cables approves RO 1.9m investment in subsidiary

OAPIL has played a key role in Oman’s aluminum and electrical transmission sectors

Oil rise as ME attacks heighten supply concerns

A quarter of fuel stations sold out of gasoline in the US after hurricane Milton made landfall— Reuters

Europe’s data centre power demand to triple by 2030

Power-generating windmill turbines are seen at the Eneco Luchterduinen offshore wind farm near Amsterdam— Reuters

Foundation laid for OQ fuel tanks project in Musandam

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Oman LNG weighs solar PV, carbon capture projects

A raft of initiatives is currently being assessed to help advance Oman LNG’s decarbonisation goals.

Oxy Oman signs ICV initiatives

Oxy Oman’s ICV strategy is focused on developing a diverse local supply chain.

OQGN adds first-ever gas blending station to national network

The new facility will help unlock new value from Oman’s natural gas resources. Picture for illustration only.

Omani women in oil & gas sector feted

There are currently around 3,000 women working in the oil and gas sector in Oman.

SOHAR Port and Freezone a pioneer in clean energy and hydrogen trade

Innovative projects are key to solidifying SOHAR’s role in clean energy.

GCCIA to host international forum on carbon neutrality

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Light Transit Rail to enhance connectivity as part of Greater Muscat Plan

The LRT project will serve as a major transport artery for the future smart city
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