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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

Oman advances clean energy, EV tech

The visit forms part of ongoing efforts to attract industrial investment for Oman.

Oman mulls ‘Unified Gas Buyer’ for power sector

The Ministry is examining a suite of reforms to optimise gas use in conjunction with the integration of renewable energy resources into the power grid.

OQBI funds five food innovation projects in Oman

Products targeted for development include frankincense tea, yoghurt, coconut juice and frankincense coffee.

OQGN sets GCC benchmark with ISO 50001 certification

The achievement marks an important step in OQGN’s strategic energy efficiency strategy.

Oman’s clean energy share reaches nearly 10% in 2025

Oman has a substantial pipeline of solar and wind projects under development and planning, totalling around 7,300 MW.

OQ Trading eyes global growth

OQ Trading is set to shortly add LNG from Oman to its trading portfolio.

Oman rolls out water and wastewater projects

The projects aim to strengthen water transmission resilience, advance wastewater planning, and upgrade critical operational assets across several governorates.

Oman oil price rises by $1.31/barrel

The average monthly price of Oman crude oil for December delivery was $65.04 per barrel.

Energy giant BP extends shakeup with new CEO pick

Meg O'Neill, who is set to become BP's next CEO. — Reuters

Oman strengthens e-fuels pipeline with Swiss-backed Suhar initiative

The Suhar project would place it among the largest such developments globally. — Picture for illustration only

Omani solar PV module project expanded

The 400 MW production line integrates the most advanced technologies for assembling TOPCon and HJT modules: Ecoprogetti

Sembcorp powers Oman with over 1.1 GW of energy assets

The Salalah Independent Water and Power Plant (IWPP), one of the largest and most energy-efficient facilities in Dhofar Governorate.

Oil prices rise on possible US sanctions, Venezuela

Analysts at ING said further restrictions on Russian oil could pose a greater supply risk to markets than the proposed Venezuelan blockade. — Reuters

Fitch upgrades EDO to investment-grade BBB-

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EDF-led consortium wins 120 MW JBB wind power project in Oman

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