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Thursday, February 19, 2026 | Ramadan 1, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
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

OPEC+ looks set to further hike oil output

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Oman’s first biodiesel fuel station opens at Duqm

$10 billion investments power Duqm’s transformation

OQ has built an integrated energy ecosystem in Duqm that spans refining, petrochemicals, storage, utilities and global trade — redefining Oman’s place on the international energy map.

Private enterprises Value added dips Q2 2025

Micro enterprises recorded the strongest growth in value added, up 3.8% to RO 817 million in Q2 2025.

India to cut Russian oil imports after US sanctions

A worker walks atop a tanker wagon to check the freight level at an oil terminal on the outskirts of Kolkata. — Reuters

US targets Russia’s biggest oil firms, oil prices rise

US sanctions on Rosneft and Lukoil push oil prices higher as India moves to cut Russian oil imports. — Reuters

Oil prices surge as Trump hits Russian crude with sanctions

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OQEP and Petronas forge pact in upstream energy

The MoU was signed by Mahmoud al Hashmi, Acting Chief Executive Officer and Chief Operations Officer of OQEP; and Mohd Redhani bin Abdul Rahman, Vice President of International Assets at Petronas Upstream.

Report: OMIFCO underutilised CSR budget

OMIFCO owns and operates a major ammonia and urea fertiliser production plant at Sur.

Work begins on PDO’s Rawafid renewable energy projects

The base of a wind turbine being prepared at one of the wind farms under construction within PDO’s Block 6 licence.

Fury Mounts over a global AI frenzy and energy consumption

A Google data center in Santiago, Chile, July 13, 2025. As tech companies build data centers worldwide to advance artificial intelligence, vulnerable communities have been hit by blackouts and water shortages. (Marcos Zegers/The New York Times)

OQ posts $731 million net profit in H1

Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at $1.6 billion.

PDO’s ICV generates over $4.3 billion impact

The ICV strategy has led to the establishment of 83 manufacturing facilities in Oman, helping to expand the country’s industrial base.

OEDC secures financing worth RO385 million

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Vertical axis wind turbines make Oman debut

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