Sat, 24 Oct 2026 03:58:54 +0400 https://www.omanobserver.om https://www.omanobserver.om/article/1198391/business/energy/masirah-oil-begins-delayed-drilling-campaign-at-yumna-field A new offshore well is expected to start producing in November after drilling programme was pushed back from March A new offshore well is expected to start producing in November after drilling programme was pushed back from March Thu, 22 Oct 2026 19:25:22 +0400 https://www.omanobserver.om/article/1198185/business/energy/oman-energy-push-needs-broader-funding Solar, wind and battery storage require substantial investment as Oman pursues its energy transition under Vision 2040. Solar, wind and battery storage require substantial investment as Oman pursues its energy transition under Vision 2040. Wed, 21 Oct 2026 15:50:27 +0400 https://www.omanobserver.om/article/1198153/business/energy/oil-nears-110-as-risks-reshape-the-global-market-outlook Wed, 21 Oct 2026 06:35:56 +0400 https://www.omanobserver.om/article/1198115/business/energy/idom-wins-design-contract-for-omans-500-mw-al-kamil-solar-i-project IDOM will work closely with Shanxi Installation Group, which secured the EPC contract for the project in July 2026. IDOM will work closely with Shanxi Installation Group, which secured the EPC contract for the project in July 2026. Tue, 20 Oct 2026 13:40:51 +0400 https://www.omanobserver.om/article/1198112/business/energy/oman-crude-tops-11018-per-barrel The Oman benchmark increased from $106.83 on Monday. The Oman benchmark increased from $106.83 on Monday. Tue, 20 Oct 2026 13:36:03 +0400 https://www.omanobserver.om/article/1198060/business/energy/oman-crude-rises-to-10683-per-barrel The Oman contract increased from Friday’s $105.76 a barrel. The Oman contract increased from Friday’s $105.76 a barrel. Mon, 19 Oct 2026 16:07:20 +0400 https://www.omanobserver.om/article/1198058/business/energy/omans-power-grid-faces-a-cost-recovery-test 6464 6464 Mon, 19 Oct 2026 16:04:05 +0400 https://www.omanobserver.om/article/1197986/business/energy/pdo-remote-system-cuts-electrical-field-visits PDO recorded 555 electrical incidents and protection events during the period, with approximately half resolved remotely. PDO recorded 555 electrical incidents and protection events during the period, with approximately half resolved remotely. Sun, 18 Oct 2026 13:25:40 +0400 https://www.omanobserver.om/article/1197747/business/energy/oman-firms-face-2029-deadline-for-climate-disclosure-compliance The transition will entail significant investments in sustainability data management, emissions accounting, internal controls and specialised reporting capabilities. The transition will entail significant investments in sustainability data management, emissions accounting, internal controls and specialised reporting capabilities. Tue, 13 Oct 2026 13:41:15 +0400 https://www.omanobserver.om/article/1197733/business/energy/worlds-energy-order-tested-again-as-iran-wars-reach-extends-further Tue, 13 Oct 2026 09:11:38 +0400 https://www.omanobserver.om/article/1197674/business/energy/oman-power-output-rises-57 Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, presided over the opening ceremony. Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals, presided over the opening ceremony. Mon, 12 Oct 2026 15:05:23 +0400 https://www.omanobserver.om/article/1197657/business/energy/opec-cuts-2026-oil-demand-growth-forecast Mon, 12 Oct 2026 09:24:51 +0400 https://www.omanobserver.om/article/1197651/business/energy/saudi-energy-minister-says-energy-security-cant-be-taken-for-granted Mon, 12 Oct 2026 08:05:08 +0400 https://www.omanobserver.om/article/1197644/business/energy/middle-east-lng-industry-remains-hostage-of-iran-war QatarEnergy's liquefied natural gas (LNG) production facilities QatarEnergy's liquefied natural gas (LNG) production facilities Mon, 12 Oct 2026 06:04:31 +0400 https://www.omanobserver.om/article/1197603/business/energy/oman-power-generation-rises-43 Electricity generation increased from 35,935.3 GWh in the corresponding period of 2025, with growth across most governorates. Electricity generation increased from 35,935.3 GWh in the corresponding period of 2025, with growth across most governorates. Sun, 11 Oct 2026 13:52:04 +0400 https://www.omanobserver.om/article/1197545/business/energy/naseem-dhofar-to-spearhead-omans-125-mw-dhofar-ii-wind-ipp Construction officially commenced in June 2026, with commercial operations targeted for the third quarter of 2027. Construction officially commenced in June 2026, with commercial operations targeted for the third quarter of 2027. Sat, 10 Oct 2026 16:13:01 +0400 https://www.omanobserver.om/article/1197544/business/energy/oman-energy-conference-to-focus-on-grid-resilience The event will be held under the theme “Empowering the Future of Energy: Energy Transition Pathways and Grid Resilience in an Increasingly Complex Environment”. The event will be held under the theme “Empowering the Future of Energy: Energy Transition Pathways and Grid Resilience in an Increasingly Complex Environment”. Sat, 10 Oct 2026 16:11:33 +0400 https://www.omanobserver.om/article/1197458/business/energy/omans-oq-trading-targets-larger-diversified-lng-portfolio OQ Trading has a four-year agreement to source 750,000 tonnes of LNG annually from Oman LNG’s Qalhat complex OQ Trading has a four-year agreement to source 750,000 tonnes of LNG annually from Oman LNG’s Qalhat complex Thu, 08 Oct 2026 17:01:37 +0400 https://www.omanobserver.om/article/1197456/business/energy/hormuz-transits-at-lowest-in-over-two-months-after-attacks Exports from the Gulf of Oman coast and the Red Sea rose to 6.7 million bpd, more than twice pre-war levels. Exports from the Gulf of Oman coast and the Red Sea rose to 6.7 million bpd, more than twice pre-war levels. Thu, 08 Oct 2026 16:58:23 +0400 https://www.omanobserver.om/article/1197436/business/energy/maersk-raises-emergency-fuel-surcharge-due-to-middle-east-conflict Thu, 08 Oct 2026 08:05:19 +0400 https://www.omanobserver.om/article/1197395/business/energy/oqep-kazmunaygas-target-upstream-investments The companies will jointly assess upstream blocks and assets with discovered resources, development projects and producing fields. The companies will jointly assess upstream blocks and assets with discovered resources, development projects and producing fields. Wed, 07 Oct 2026 16:36:02 +0400 https://www.omanobserver.om/article/1197343/business/energy/omans-oil-exports-rise-19 Oil production rose by 11.9 per cent to 270 million barrels, compared with 241.4 million barrels in the corresponding period last year. Oil production rose by 11.9 per cent to 270 million barrels, compared with 241.4 million barrels in the corresponding period last year. Tue, 06 Oct 2026 15:17:38 +0400 https://www.omanobserver.om/article/1197292/business/energy/hema-energy-targets-epc-projects-with-azerbaijani-partner Azzan Moghrob al Asmi, Group Managing Director of Hema Energy and Mehrali Gasimov Chairman of the BBG Energy. Azzan Moghrob al Asmi, Group Managing Director of Hema Energy and Mehrali Gasimov Chairman of the BBG Energy. Mon, 05 Oct 2026 15:56:53 +0400 https://www.omanobserver.om/article/1197203/business/energy/opec-set-to-keep-november-oil-output-targets-steady Sun, 04 Oct 2026 08:38:55 +0400 https://www.omanobserver.om/article/1197168/business/energy/raysut-attracts-ro-65-million-in-new-projects The cumulative investment exceeded RO 521 million at the end of June 2026. The cumulative investment exceeded RO 521 million at the end of June 2026. Sat, 03 Oct 2026 16:50:44 +0400 https://www.omanobserver.om/article/1197153/business/energy/iea-325-million-barrels-of-oil-from-strategic-reserves-released Sat, 03 Oct 2026 12:45:39 +0400 https://www.omanobserver.om/article/1197147/business/energy/china-starts-curbs-on-fuel-exports-tightening-global-energy-markets Sat, 03 Oct 2026 06:34:14 +0400 https://www.omanobserver.om/article/1197146/business/energy/us-allies-agree-to-release-diesel-reserves-as-prices-soar BRITAINEUROPE-US-ENERGY-FUEL BRITAINEUROPE-US-ENERGY-FUEL Sat, 03 Oct 2026 06:27:06 +0400 https://www.omanobserver.om/article/1197136/business/energy/g7-talks-as-us-pressures-europe-over-diesel-stocks A digital billboard displays fuel prices at a petrol station in Berlin. — AFP A digital billboard displays fuel prices at a petrol station in Berlin. — AFP Fri, 02 Oct 2026 17:11:12 +0400 https://www.omanobserver.om/article/1197134/business/energy/oq-gas-networks-establishes-1bn-sukuk-programme Fri, 02 Oct 2026 17:08:56 +0400 https://www.omanobserver.om/article/1197133/business/energy/oil-is-flowing-but-prices-remain-high-why Fri, 02 Oct 2026 17:07:03 +0400 https://www.omanobserver.om/article/1196967/business/energy/oqbi-advances-methanol-expansion-study-in-oman The expansion, initially disclosed in the company’s initial public offering prospectus, remains under technical and operational assessment. The expansion, initially disclosed in the company’s initial public offering prospectus, remains under technical and operational assessment. Tue, 29 Sep 2026 13:35:15 +0400 https://www.omanobserver.om/article/1196965/business/energy/oil-prices-unlikely-to-climb-to-extreme-levels-again-expert Manpreet Gill, Chief Investment Officer, Africa, Middle East & Europe (AMEE) at Standard Chartered. Manpreet Gill, Chief Investment Officer, Africa, Middle East & Europe (AMEE) at Standard Chartered. vinod@omaninfo.om (Vinod R Nair) Tue, 29 Sep 2026 13:33:18 +0400 https://www.omanobserver.om/article/1196886/business/energy/cash-rich-oil-majors-face-post-iran-strategy-rethink /FW1FP/David Goodman /FW1FP/David Goodman Mon, 28 Sep 2026 06:31:37 +0400 https://www.omanobserver.om/article/1196733/business/energy/abo-signs-major-funding-pact-with-angolan-sez The MoU establishes a framework for ABO to help identify, structure and finance industrial and other investment projects within the economic zone The MoU establishes a framework for ABO to help identify, structure and finance industrial and other investment projects within the economic zone Thu, 24 Sep 2026 18:27:14 +0400 https://www.omanobserver.om/article/1196732/business/energy/slb-secures-oqeps-bisat-b-expansion-contract The expansion will increase the Bisat-B facility’s gross fluids handling capacity to 548,000 barrels per day (Picture for illustration). The expansion will increase the Bisat-B facility’s gross fluids handling capacity to 548,000 barrels per day (Picture for illustration). Thu, 24 Sep 2026 18:26:29 +0400 https://www.omanobserver.om/article/1196730/business/energy/stocks-fall-oil-rises-as-global-bonds-under-pressure Chart of German share price DAX (Deutscher Aktienindex) at the stock exchange in Frankfurt, Germany. — Reuters Chart of German share price DAX (Deutscher Aktienindex) at the stock exchange in Frankfurt, Germany. — Reuters Thu, 24 Sep 2026 18:24:22 +0400 https://www.omanobserver.om/article/1196683/business/energy/oman-to-host-gulfs-first-world-wind-energy-conference-in-2027 Top officials representing Omani institutions and WWEA at the agreement signing in Hamburg. Top officials representing Omani institutions and WWEA at the agreement signing in Hamburg. Wed, 23 Sep 2026 15:54:39 +0400 https://www.omanobserver.om/article/1196631/business/energy/omani-oilfield-services-firm-eyes-africa-expansion-with-sonangol-pact The MoU provides Desert Sands Oil & Gas (DSOG) with a platform to explore opportunities in one of Africa’s established hydrocarbon markets. The MoU provides Desert Sands Oil & Gas (DSOG) with a platform to explore opportunities in one of Africa’s established hydrocarbon markets. Tue, 22 Sep 2026 13:55:05 +0400 https://www.omanobserver.om/article/1196628/business/energy/oqbis-hi-net-profit-jumps-86-to-ro-435-million OQBI delivered an exceptional performance during the first half of the year. OQBI delivered an exceptional performance during the first half of the year. Tue, 22 Sep 2026 13:50:13 +0400 https://www.omanobserver.om/article/1196564/business/energy/asyad-shipping-sells-three-tankers-for-ro-684m-in-fleet-renewal-push The two deals are expected to generate a positive profit impact of approximately RO 29 million. The two deals are expected to generate a positive profit impact of approximately RO 29 million. Mon, 21 Sep 2026 13:52:48 +0400 https://www.omanobserver.om/article/1196563/business/energy/pdo-awards-weatherford-274-well-drilling-contract The agreement was signed by Dr Aflah bin Said al Hadhrami, PDO Managing Director and Girish K Saligram, Weatherford President and Chief Executive Officer. The agreement was signed by Dr Aflah bin Said al Hadhrami, PDO Managing Director and Girish K Saligram, Weatherford President and Chief Executive Officer. Mon, 21 Sep 2026 13:51:52 +0400 https://www.omanobserver.om/article/1196400/business/energy/brookfield-to-fund-phase-2-of-acmes-oman-green-ammonia-project ACME Oman Phase 2 green ammonia. - Ilustration only ACME Oman Phase 2 green ammonia. - Ilustration only Fri, 18 Sep 2026 16:54:34 +0400 https://www.omanobserver.om/article/1196310/business/energy/oman-crude-rises-to-13209-per-barrel Oil prices had settled more than $3 higher in the previous session. Oil prices had settled more than $3 higher in the previous session. Wed, 16 Sep 2026 15:50:08 +0400 https://www.omanobserver.om/article/1196279/business/energy/rising-fuel-prices-set-off-anger-protests-around-the-world Wed, 16 Sep 2026 05:38:44 +0400 https://www.omanobserver.om/article/1196097/business/energy/o-green-targets-200-mw-of-ai-ready-data-centre-capacity-by-2028 The move positions data centres and high-performance computing as a downstream extension of O-Green’ growing presence in renewable power generation and energy storage. The move positions data centres and high-performance computing as a downstream extension of O-Green’ growing presence in renewable power generation and energy storage. Sun, 13 Sep 2026 13:43:43 +0400 https://www.omanobserver.om/article/1196094/business/energy/nama-invests-ro-205-million-in-al-dakhiliyah-grid The projects include new and upgraded substations, additional 33-kV feeders and network automation. The projects include new and upgraded substations, additional 33-kV feeders and network automation. Sun, 13 Sep 2026 13:40:01 +0400 https://www.omanobserver.om/article/1196087/business/energy/saudi-pipeline-outage-threatens-loss-of-4-of-global-oil-supply Sun, 13 Sep 2026 12:22:05 +0400 https://www.omanobserver.om/article/1195949/business/energy/oman-ratifies-epsa-for-new-offshore-block-80 Block 80 incorporates the producing Bukha and West Bukha oil and gas fields (Picture for illustration) Block 80 incorporates the producing Bukha and West Bukha oil and gas fields (Picture for illustration) Thu, 10 Sep 2026 16:48:38 +0400 https://www.omanobserver.om/article/1195948/business/energy/asyad-shipping-orders-two-more-mr-tankers-in-1036m-deal The two vessels will be sister ships to the six MR product tankers ordered from Hyundai Heavy Industries in July The two vessels will be sister ships to the six MR product tankers ordered from Hyundai Heavy Industries in July Thu, 10 Sep 2026 16:46:21 +0400