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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

23% growth in energy demand by 2030: OPEC

OPEC Secretary General Haitham Al Ghais

World breaks renewable records but must move faster: IRENA

Tripling renewables release tile image

Oman’s power output rises 9.4%, water output stable

Net electricity production rose by 9 per cent to 34,857.4 GWh.

EDO posts H1 revenues of $7.44 billio

EDO owns 60% of the Block 6 Petroleum concession operated by Petroleum Development Oman (PDO), 100% of Block 6’s non-associated gas concession

Port of Salalah inks deal for bio-fuel storage hub

Steven Yoogalingam, CEO – Port of Salalah (left), signing the strategic lease agreement with a senior executive of Horizon Energy

Jojoba project in Haima advances sequestration

The Rima Project under implementation in the Wilayat of Haima.

Oil steady amid ceasefire in Gaza, Ukraine tensions

Global oil demand averaged 105.9 million bpd in the first seven days of October, up 300,000 bpd from last year's level though 90,000 bpd lower than JP Morgan's estimates. — Reuters

Port of Salalah inks bio-fuel storage hub deal, broadening Oman’s clean-energy exports

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Energy Development Oman’s RO 50m sukuk listed on MSX

The listing reinforces EDO’s role as one of the largest state-owned energy companies and supports Oman’s growing Islamic capital market.

Oman–Saudi pact redefines Gulf industrial integration

Bilateral trade hit RO 1.575 billion — a 20% increase compared with the same period in 2024.

OPEC+ poised to raise oil output further, sources say

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Oil dips from 7-week high on demand concerns

Bearish expectations on supply fundamentals, with more oil expected soon from Iraq and Kurdistan, weighed further. — Reuters

OQ listing in MSX boosts confidence of investors

OQ's Capital Markets Day was held alongside MEIRA 2025

Oman LNG sign agreement with OQ

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UK–Oman partnership eyes ‘waste-to-hydrogen’ deployment

Hydrogen Utopia’s systems enable the processing of virtually any type of waste — including hazardous and composite materials — and its conversion into clean hydrogen and other reusable outputs
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