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Energy

Energy giant BP extends shakeup with new CEO pick

LONDON: British energy giant BP, which this year shelved targets on reducing carbon emissions, has appointed industry veteran Meg O'Neill to be chief executive from April, replacing Murray Auchincloss who stepped...

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

Crude holds strong amid OPEC+ hike

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MoU signed for green hydrogen equipment project in Oman

The UES-Sungrow partnership will focus on manufacturing electrolysers and other key hardware for Oman’s green hydrogen industry. Image for illustration only.

EOR share of PDO’s crude oil output to spike to 28% by 2031

The contribution of EOR to PDO’s overall crude production has been steadily rising over the past decade, climbing from 5% in 2014 to 12% in 2020, and further to 19% in 2025.

Nama PWP launches RfQ phase for Oman’s first Waste-to-Energy project

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Google – Energy Dome partnership to spur Oman’s clean energy goals

Energy Dome has developed a novel energy storage system that uses CO₂ contained within a distinctive dome-shaped structure.

Oman’s OQ Group secures first-ever S&P ‘BBB-’ rating

OQ’s downstream capacity was significantly boosted following the final completion of the 230,000-barrel-per-day Duqm (OQ8) refinery in April 2025.

Oil prices steady amid Trump tariff threats

US crude oil inventories rose by 7.7 million barrels to 426.7 million barrels in the week ending July 25, driven by lower exports— Reuters

$1 bn worth of oil and gas projects launched in 2024

PDO achieved an average oil production of 679,922 bpd — the highest in two decades — exceeding its target by 7,000 bpd.

Oman oil price rises $2.84 to reach $75.84 per barrel

The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel.

Abraj, PDO expand partnership with new contract

This marks a major expansion in the longstanding collaboration between Abraj and PDO

GCC - Hong Kong two-way trade jumps 30%

Exports from the GCC to Hong Kong witnessed a remarkable increase of 34.88% in 2021, amounting to a total of $11.6 billion.

Duqm Refinery marks 500th export shipment

The refinery has also demonstrated logistical capabilities by exporting 304,388 metric tonnes of LPG and efficiently handling vessels ranging from small tankers to large LR2 carriers.

Oman’s refinery output edges up 1.6%

Production of regular motor fuel (91) increased by 11.5 per cent to 8,659,500 barrels, up from 7,767,900 barrels during the same period in 2024.

Geopolitical Uncertainty: Oil prices stable, gold prices rise

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associated gas output in Oman jumps 11 per cent

Power generation saw a 3 per cent increase, with usage rising to 5.810 billion cubic metres.
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