News

Future Fund Oman (FFO) has demonstrated positive performance during its first year of operations, having approved 44 projects ...
The long-lasting strategic relations have been stretched over economic investments in oil, electricity, minerals and ...
Arabian Gulf Business Insight on MSN7d
Oman oil discoveries push PDO revenue to 20-year high
Petroleum Development Oman has reported its highest revenues in 20 years, thanks to oil and gas discoveries in 2024. State-run PDO, which is the biggest hydrocarbons explorer and producer in Oman, ...
Türkiye’s state-owned energy firm, Turkish Petroleum (TPAO), has signed a key agreement with Oman’s Ministry of Energy and ...
MUSCAT: The Sultanate of Oman recorded a marginal increase of 0.3 per cent in total natural gas production and imports, ...
MUSCAT: Production of Liquefied Petroleum Gas (LPG) — a vital fuel source for both households and industries — surged by ...
Occidental Petroleum Corp. said it will partner with Mubadala Development Co. of Abu Dhabi and the Sultanate of Oman to develop existing oil and gas fields and explore for new discoveries in Oman.
If fighting begins again, energy sites may once more be targeted. This could happen by state forces or by non-state actors. It may even come through cyber means, leaving no visible trace. History has ...
Oman Oil Company will have the option to back in to up to a 20% interest in the block after the discovery of gas. ... PDO will continue to produce oil from several fields within the block area.
Ajay John was knee-deep in the oil fields of Oman, sketching flowlines, marking weld paths, and mapping refinery layouts ...
Oman's overall budget revenue fell 7% year-on-year to 2.635 billion Omani rials ($6.85 billion) in the first quarter of 2025 as oil revenue dropped, Oman's state news agency reported on Tuesday ...