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Thursday, February 19, 2026 | Ramadan 1, 1447 H
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Energy

OPEC+ leans towards resumption in oil output increases from April

MOSCOW/LONDON: OPEC+ is leaning towards a resumption in oil output increases from April, three OPEC+ sources said, as the group ⁠prepares for peak summer demand and price strength is bolstered by tensions ⁠over...

Pictured is the OPEC logo on the wall of the new OPEC headquarters in Vienna

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

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.
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