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Thursday, December 18, 2025 | Jumada al-akhirah 26, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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 climbs on prospects of wider MidEast war

An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia. — Reuters

Oman’s maiden space launch likely in December

The spaceport is the first of its kind in the Mena region.

Duqm petrochemical complex study nears completion

The new complex will rely heavily on feedstock from the Duqm Refinery, including liquefied petroleum gas, naphtha, and natural gas from Oman.

Value of Oman’s carbon market projected at $500m annually

A number of renewable energy and sustainability initiatives are already generating carbon credits in Oman.

PDO targets near-complete seismic coverage of Block 6 by 2026

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OQEP launches IPO roadshow in governorates

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GS Inima Barka V announces plans for IPO and solar expansion

The facility, which can produce 100,000 cubic metres of drinking water per day, is now fully operational.

TCC sets new record with 3,200-tonne crane lift at Sohar Polysilicon Project

Oman announces new oil concession areas for investment

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Anchor investors commit to RO156 million QOEP shares

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OQEP launches Oman’s largest IPO

The IPO represents 25% of the company's shares, divided into three categories.

Oman’s credit rating upgrade to enhance FDI

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Pact signed to boost green hydrogen innovation in Oman

The agreement was signed by Abdullah al Saidi, CEO of Nafath Renewable Energy and Mathieu Lauga, Director, Business Development at FuelCell Energy.

OQEP pledges continued investment in hydrocarbon sector

Oil, gas and condensate production from OQEP’s operated and non-operated assets averaged 249,000 barrels of oil equivalent per day in 2023

Oman’s gas pipeline operator hits new supply record

Gas transported across its network soared to a record 131 million cubic metres per day in June
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