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Monday, April 06, 2026 | Shawwal 17, 1447 H
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Energy

Oman output set at 821,000 bpd under Opec+ plan

MUSCAT, APRIL 6Oman’s crude oil production is set to reach 821,000 barrels per day (bpd) in May 2026 following a fresh Opec+ adjustment aimed at reinforcing market stability amid evolving global supply dynamics.The...

The Sultanate of Oman, alongside seven other key producers, agreed to implement a combined production increase of 206,000 bpd beginning May 2026.

Oman oil price rises by $1.06 per barrel

The average monthly price of Omani crude oil for January delivery was $64.44 per barrel.

Oman’s electricity output up 5% by November 2025

Net electricity production also posted a solid increase, rising by 4.3 per cent year-on-year to 46,984 GWh.

Oil falls as Venezuela headlines fail to spark supply shock

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Oil falls as Venezuela headlines fail to spark supply shock

The price drift lower comes as traders weigh geopolitical headlines (Picture credit: REUTERS)

Gas deals lift Oman’s net gas revenues in 2026

Net gas revenues of RO 1.961 billion account for 17 per cent of total public revenue in Fiscal 2026.

MoEM launches energy efficiency excellence award

The award aims to encourage government and private entities to adopt innovative and effective solutions in the field of energy efficiency.

OPEC+ to keep oil output steady despite turmoil

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Oman to advance 20 PPP and Offset projects in 2026

A visual of the Oman Business Gateway that will house the new HQ of the MoCIIP

1,600 MW of solar and wind projects under procurement in Oman

Three mega wind farms are planned in Mahoot, Duqm and Sadah, with a combined capacity of around 1,100 MW.

30 clean energy sectors to power Oman’s growth

Already under development in Oman are the core building blocks of a clean energy manufacturing sector.

Oman oil output edges up despite lower prices

Average daily production stood at 999,800 barrels per day.

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.
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