oil and gas

OMR3.5mn Sohar Logistics Station opened
August 16, 2022

Muscat: Sohar Logistics Station for inspection of agricultural, fishery, livestock and foodstuff consignments in the Governorate of North Al Batinah......

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Crude oil trades in tight range below $100 per barrel
August 16, 2022

Muscat: Demand side concerns continued to haunt the oil market with prices once again going below $100 per barrel at the start of August-2022, according......

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Oman’s National Gas plans to exit UAE operations
August 16, 2022

Muscat – National Gas Company, the pioneer in liquefied petroleum gas (LPG) marketing in Oman and the region, has decided to exit from its......

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Shell Oman expands operations in the sultanate
August 13, 2022

Shell Oman Marketing Company (SOM) has announced the opening of new service stations, bringing its total network size to 205 strategic sites across......

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EA conducts drill to combat oil pollution in marine areas
August 13, 2022

Muscat: The Environment Authority (EA) is carrying out an exercise to test the readiness of the national plan to combat oil pollution in marine areas.......

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Oman set to post fiscal surplus this year, as higher energy prices boost revenues
August 10, 2022

Oman will post its first yearly fiscal surplus in a decade in 2022 amounting to 6.5% of the gross domestic product (GDP), said Fitch Solutions. Earlier......

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Oman Oil Marketing Company opens 7th KSA service station in Mecca
August 9, 2022

Muscat: Oman Oil Marketing Company (OOMCO) has opened its seventh service station in the Kingdom of Saudi Arabia. Located in Mecca, the facility......

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Energy Development Oman receives long-term issuer credit rating with stable outlook
August 9, 2022

Muscat: Energy Development Oman (EDO) has achieved a new milestone by being assigned a BB-long-term issuer credit rating with a stable outlook by......

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OQ Group organises awareness campaign on gas pipelines safety
August 8, 2022

Muscat: OQ Group launched a public awareness campaign at Wadi Arbout in the Wilayat of Salalah on the safety of gas pipelines. The campaign highlights......

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Over 620mln barrels of Oman crudes traded on Dubai Mercantile Exchange in H1
August 8, 2022

The Dubai Mercantile Exchange (DME) announced that more than 620 million barrels of Omani crude oil were traded in the first half of this year, reflecting......

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