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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 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

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.
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