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Monday, May 25, 2026 | Dhu al-hijjah 7, 1447 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Business

Jet fuel crisis, what crisis? European airlines downplay fears of summer shortage

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ICAI Muscat Chapter holds AGM, names new managing committee

ICAI Muscat Chapter Holds AGM, Appoints New Managing Committee

New regulatory framework for carbon markets to drive Oman’s Net Zero Strategy

The new framework seeks to reinforce Oman’s position as a trusted supplier of high-integrity carbon credits.

Oman unveils low-carbon transition strategy

Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, addressing the media on Wednesday.

Oman plans first Round-the-Clock renewable energy project

The proposed large-scale Round-the-Clock (RTC) renewable energy project seeks to integrate solar, wind and battery storage technologies.

3 new mining blocks, 3 projects to be offered for investment in 2026

In 2025, four concession areas were offered for investment, with bids currently under evaluation, alongside 28 active concession areas operated by 13 companies.

Updated energy strategy targets production boost

Sixty-four exploration and appraisal wells were drilled in 2025, reflecting continued investment in enhancing reserves.

OQ launches 100 global scholarships for Omani talent

The initiative reflects OQ’s continued focus on investing in human capital and strengthening the capabilities of Omani youth.

Asyad Shipping Q1 profit jumps 41% to RO 16.1 million

Asyad Shipping maintained a utilisation rate of 99.7 per cent across its fleet during the quarter.

Oman updates Net Zero Strategy, launches carbon framework

Daily production of crude oil and condensates currently averages approximately one million barrels per day

Oman targets renewables share of 60-70% by 2040

Renewable energy capacity is projected to reach 26.6 gigawatts by 2030, alongside the production of one million tonnes of green hydrogen annually by 2030.

Trump-Xi talks: Five things investors want

/FW1FP/Sonali Paul

Steel tariffs are harming tin can makers, lifting food prices

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India hikes gold, silver duties to protect sliding rupee

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HM visit signals strong support for energy sector

PDO inaugurated the Integrated Operations Centre at Bait Al Haitham, a major strategic facility designed to unify the remote monitoring and management of PDO’s oil, gas and energy assets within a single integrated operational environment.
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Eid al Adha holidays announced in Oman MoL urges employers to advance payment of May salary HM issues three Royal Decrees Sharjah waives toll fees for trucks from Oman
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