Sat, 16 May 2026 03:57:26 +0400 https://www.omanobserver.om https://www.omanobserver.om/article/1189640/business/energy/omans-renewables-share-to-rise-to-at-least-10-by-year-end The Ministry is designing a new National Renewable Energy Database platform to enable the allocation preparation of new sites for renewable energy projects The Ministry is designing a new National Renewable Energy Database platform to enable the allocation preparation of new sites for renewable energy projects Thu, 14 May 2026 15:53:33 +0400 https://www.omanobserver.om/article/1189639/business/energy/oqep-posts-ro-719mn-q1-profit-despite-weaker-oil-prices OQEP continued to make progress on its growth and exploration strategy during Q1 OQEP continued to make progress on its growth and exploration strategy during Q1 Thu, 14 May 2026 15:52:32 +0400 https://www.omanobserver.om/article/1189638/business/energy/turbines-arrive-for-omans-biggest-wind-farms-project Wind turbine installed as part of the PDO-linked wind farms Wind turbine installed as part of the PDO-linked wind farms Thu, 14 May 2026 15:50:40 +0400 https://www.omanobserver.om/article/1189637/business/energy/oil-edges-up-as-investors-focus-on-trump-xi-talks The Strait of Hormuz, a key energy gateway, has been largely shut since the war broke out at the end of February. ـــReuters The Strait of Hormuz, a key energy gateway, has been largely shut since the war broke out at the end of February. ـــReuters Thu, 14 May 2026 15:48:23 +0400 https://www.omanobserver.om/article/1189584/business/energy/new-regulatory-framework-for-carbon-markets-to-drive-omans-net-zero-strategy The new framework seeks to reinforce Oman’s position as a trusted supplier of high-integrity carbon credits. The new framework seeks to reinforce Oman’s position as a trusted supplier of high-integrity carbon credits. Wed, 13 May 2026 15:38:41 +0400 https://www.omanobserver.om/article/1189577/business/energy/oman-unveils-low-carbon-transition-strategy Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, addressing the media on Wednesday. Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals, addressing the media on Wednesday. Wed, 13 May 2026 14:11:28 +0400 https://www.omanobserver.om/article/1189576/business/energy/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. The proposed large-scale Round-the-Clock (RTC) renewable energy project seeks to integrate solar, wind and battery storage technologies. Wed, 13 May 2026 14:10:13 +0400 https://www.omanobserver.om/article/1189573/business/energy/updated-energy-strategy-targets-production-boost Sixty-four exploration and appraisal wells were drilled in 2025, reflecting continued investment in enhancing reserves. Sixty-four exploration and appraisal wells were drilled in 2025, reflecting continued investment in enhancing reserves. Wed, 13 May 2026 14:08:02 +0400 https://www.omanobserver.om/article/1189569/business/energy/oman-updates-net-zero-strategy-launches-carbon-framework Daily production of crude oil and condensates currently averages approximately one million barrels per day Daily production of crude oil and condensates currently averages approximately one million barrels per day Wed, 13 May 2026 11:45:08 +0400 https://www.omanobserver.om/article/1189568/business/energy/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. 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. Wed, 13 May 2026 11:25:16 +0400 https://www.omanobserver.om/article/1189497/business/energy/oqgn-issues-2025-sustainability-report Tue, 12 May 2026 08:59:58 +0400 https://www.omanobserver.om/article/1189461/business/energy/the-green-dividend-omans-new-carbon-partnership-with-japan Mon, 11 May 2026 16:26:17 +0400 https://www.omanobserver.om/article/1189373/business/energy/aramco-ceo-warns-1-billion-barrels-lost-will-slow-recovery President and CEO of Saudi's Aramco, Amin H. Nasser President and CEO of Saudi's Aramco, Amin H. Nasser Sun, 10 May 2026 08:19:44 +0400 https://www.omanobserver.om/article/1189367/business/energy/saudi-aramco-net-profit-up-25-in-q1-2026 Sun, 10 May 2026 06:32:24 +0400 https://www.omanobserver.om/article/1189315/business/energy/refinery-output-in-oman-up-02-to-565-million-barrels Sat, 09 May 2026 15:13:43 +0400 https://www.omanobserver.om/article/1189303/business/energy/war-and-energy-shortages-boost-chinas-influence-in-asia Sat, 09 May 2026 06:50:41 +0400 https://www.omanobserver.om/article/1189240/business/energy/oman-opens-new-energy-frontier-with-methane-hydrates-exploration For Oman, methane hydrates could present significant long-term strategic opportunities by strengthening future energy security (Picture for illustration) For Oman, methane hydrates could present significant long-term strategic opportunities by strengthening future energy security (Picture for illustration) Thu, 07 May 2026 15:24:14 +0400 https://www.omanobserver.om/article/1189105/business/energy/oman-launches-study-for-large-scale-hydrogen-to-power-project The proposed IPP will be capable of operating on up to 100 per cent hydrogen, with an indicative generation capacity in the range of 800 to 1,000 MW. The proposed IPP will be capable of operating on up to 100 per cent hydrogen, with an indicative generation capacity in the range of 800 to 1,000 MW. Tue, 05 May 2026 16:12:09 +0400 https://www.omanobserver.om/article/1189088/business/energy/adnoc-drilling-completes-mbps-joint-venture Tue, 05 May 2026 08:54:28 +0400 https://www.omanobserver.om/article/1189014/business/energy/us-will-help-stranded-ships-leave-hormuz-trump Mon, 04 May 2026 05:20:25 +0400 https://www.omanobserver.om/article/1188980/business/energy/why-oman-needs-a-new-energy-architecture-report The authors propose the development of “local energy hubs” — integrated systems designed around the needs of specific locations. The authors propose the development of “local energy hubs” — integrated systems designed around the needs of specific locations. Sun, 03 May 2026 15:22:50 +0400 https://www.omanobserver.om/article/1188869/business/energy/oil-steady-after-wild-swing-stocks-diverge-in-thin-trading Fri, 01 May 2026 11:16:20 +0400 https://www.omanobserver.om/article/1188833/business/energy/global-oil-price-hits-4-year-high-amid-tensions Analysts now say destruction in the demand for oil due to the high prices may be the most likely factor to alleviate the current tight supply situation. ـــReuters Analysts now say destruction in the demand for oil due to the high prices may be the most likely factor to alleviate the current tight supply situation. ـــReuters Thu, 30 Apr 2026 16:01:17 +0400 https://www.omanobserver.om/article/1188816/business/energy/oman-crude-futures-jump-to-11144-per-barrel Thu, 30 Apr 2026 10:05:45 +0400 https://www.omanobserver.om/article/1188815/business/energy/iran-defies-trumps-blockade-as-oil-prices-soar Thu, 30 Apr 2026 09:11:05 +0400 https://www.omanobserver.om/article/1188770/business/energy/oqgn-market-cap-hits-ro-840-million-on-msx-in-2025 OQGN’s pipeline network expanded to 4,368 km in 2025, an increase of 133 km compared to the previous year. OQGN’s pipeline network expanded to 4,368 km in 2025, an increase of 133 km compared to the previous year. Wed, 29 Apr 2026 13:25:33 +0400 https://www.omanobserver.om/article/1188751/business/energy/the-world-needs-natural-gas-now-but-the-us-is-exporting-all-it-can Wed, 29 Apr 2026 05:32:25 +0400 https://www.omanobserver.om/article/1188707/business/energy/pet-waste-recycler-targets-10000-tonnes-annually-in-oman-by-end-2027 To ensure a sustainable supply chain, Green Muscat is working with hotels, businesses and small-scale collectors to establish a unified PET waste collection system. To ensure a sustainable supply chain, Green Muscat is working with hotels, businesses and small-scale collectors to establish a unified PET waste collection system. Tue, 28 Apr 2026 13:29:10 +0400 https://www.omanobserver.om/article/1188704/business/energy/sohar-programme-targets-youth-skills-in-clean-energy The month-long initiative will train more than 50 participants aged between 25 and 34. The month-long initiative will train more than 50 participants aged between 25 and 34. Tue, 28 Apr 2026 13:26:11 +0400 https://www.omanobserver.om/article/1188627/business/energy/oil-up-almost-3-as-us-iran-peace-talks-stall Mon, 27 Apr 2026 09:21:18 +0400 https://www.omanobserver.om/article/1188625/business/energy/renewables-in-vogue-as-iran-war-drives-up-europe-power-prices Mon, 27 Apr 2026 08:18:57 +0400 https://www.omanobserver.om/article/1188508/business/energy/sembcorps-energy-portfolio-in-oman-climbs-to-11-gw Sembcorp’s Dhofar II Wind Project is slated for commercial launch in Q3 2027. Sembcorp’s Dhofar II Wind Project is slated for commercial launch in Q3 2027. Sat, 25 Apr 2026 16:46:15 +0400 https://www.omanobserver.om/article/1188478/business/energy/sohar-port-integrates-hydrogen-carbon-capture-into-energy-transition-drive Sohar Port aims to develop a 100 MW electrolysis project for industrial decarbonisation and future exports. Sohar Port aims to develop a 100 MW electrolysis project for industrial decarbonisation and future exports. Fri, 24 Apr 2026 16:53:54 +0400 https://www.omanobserver.om/article/1188477/business/energy/oil-extends-gains-stocks-drop-as-peace-talk-hopes-fade A specialist works at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan. — Reuters A specialist works at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan. — Reuters Fri, 24 Apr 2026 16:52:09 +0400 https://www.omanobserver.om/article/1188367/business/energy/petrotel-energy-poised-to-commercialise-upstream-discoveries-in-oman US-based PetroTel currently operates Blocks 17, 39 and 67 in Oman. US-based PetroTel currently operates Blocks 17, 39 and 67 in Oman. Wed, 22 Apr 2026 13:39:31 +0400 https://www.omanobserver.om/article/1188297/business/energy/energy-development-oman-posts-revenue-of-1477-billion-in-2025 EDO holds the government’s upstream oil and gas interests, including its stake in Petroleum Development Oman. EDO holds the government’s upstream oil and gas interests, including its stake in Petroleum Development Oman. Tue, 21 Apr 2026 13:20:16 +0400 https://www.omanobserver.om/article/1188290/business/energy/war-is-causing-the-biggest-energy-crisis-in-history-iea /FW1FP/Tim Heritage /FW1FP/Tim Heritage Tue, 21 Apr 2026 08:59:19 +0400 https://www.omanobserver.om/article/1188229/business/energy/15-mw-smart-grid-balancing-pilot-launched-in-ibri Senior officials and dignitaries attended the launch underscoring its strategic relevance. Senior officials and dignitaries attended the launch underscoring its strategic relevance. Mon, 20 Apr 2026 15:43:54 +0400 https://www.omanobserver.om/article/1188227/business/energy/2026-oman-bid-round-a-compelling-and-diverse-onshore-investment-opportunity 54654646 54654646 Mon, 20 Apr 2026 14:37:25 +0400 https://www.omanobserver.om/article/1188130/business/energy/spent-ev-batteries-can-be-reused-for-clean-energy-generation-study The results indicated that integrating reused batteries with PV solar energy systems can provide reliable and cost-effective energy. The results indicated that integrating reused batteries with PV solar energy systems can provide reliable and cost-effective energy. Sun, 19 Apr 2026 05:18:32 +0400 https://www.omanobserver.om/article/1188074/business/energy/strait-of-hormuz-is-open-but-traffic-across-waterway-is-scant Sat, 18 Apr 2026 06:33:52 +0400 https://www.omanobserver.om/article/1188009/business/energy/oil-rises-as-hormuz-disruption-fears-persist A general view of the PCK refinery, a crude oil processing facility supplying gasoline, jet fuel, diesel and fuel oil,in Germany. REUTERS A general view of the PCK refinery, a crude oil processing facility supplying gasoline, jet fuel, diesel and fuel oil,in Germany. REUTERS Thu, 16 Apr 2026 16:10:55 +0400 https://www.omanobserver.om/article/1187941/business/energy/oqep-acquires-35-stake-in-omans-block-27 OQEP expects net additional production of around 3.5 thousand barrels of oil equivalent per day (kboepd) in 2026 from its newly acquired stake. OQEP expects net additional production of around 3.5 thousand barrels of oil equivalent per day (kboepd) in 2026 from its newly acquired stake. Wed, 15 Apr 2026 13:55:53 +0400 https://www.omanobserver.om/article/1187882/business/energy/oman-taps-africas-supply-chains-with-botswana-energy-mining-deals A 500 MW solar power project, integrated with a battery energy storage system, is among a number of initiatives signed by the two countries this week. A 500 MW solar power project, integrated with a battery energy storage system, is among a number of initiatives signed by the two countries this week. Tue, 14 Apr 2026 13:18:01 +0400 https://www.omanobserver.om/article/1187864/business/energy/moving-from-energy-crisis-to-energy-security-with-renewables-irena Tue, 14 Apr 2026 07:43:28 +0400 https://www.omanobserver.om/article/1187754/business/energy/oman-opens-five-new-energy-blocks The blocks — numbered 12, 16, 55, 42 and 45 — span a wide geographical area and are understood to hold promising geological potential. The blocks — numbered 12, 16, 55, 42 and 45 — span a wide geographical area and are understood to hold promising geological potential. Sun, 12 Apr 2026 13:29:56 +0400 https://www.omanobserver.om/article/1187753/business/energy/construction-work-on-omans-jbb-wind-ipp-to-start-in-q3 Consortium of experienced Chinese engineering firms to undertake project execution. Consortium of experienced Chinese engineering firms to undertake project execution. Sun, 12 Apr 2026 13:29:11 +0400 https://www.omanobserver.om/article/1187752/business/energy/sezad-investments-reach-ro-6394-billion-in-2025 SEZAD’s investment landscape remains diversified, with 360 commercial and 65 industrial projects underpinning its growth. SEZAD’s investment landscape remains diversified, with 360 commercial and 65 industrial projects underpinning its growth. Sun, 12 Apr 2026 13:27:17 +0400 https://www.omanobserver.om/article/1187750/business/energy/oq-posts-ro-641-million-profit-in-2025 Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 23 per cent to RO 1.348 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 23 per cent to RO 1.348 billion. Sun, 12 Apr 2026 13:26:11 +0400 https://www.omanobserver.om/article/1187734/business/energy/saudi-arabia-restores-full-capacity-on-east-west-oil-pipeline Sun, 12 Apr 2026 06:38:03 +0400