Oman says nearly RO5 billion ($12 billion) was pumped into its hydrocarbon sector last year as it pushed ahead with plans to expand production capacity and boost reserves. By the end of 2024, ...

A Saudi-listed and a UAE state-run entity are among a dozen companies shortlisted to develop and operate two major independent power producer (IPP) projects in Oman. The list includes Etihad Water and ...

Moody's Investors Service has said that Oman's fiscal break-even oil price - the price of oil at which the country's fiscal account is balanced - is the second highest in the GCC after Bahrain ...

Iran, Russia and China have begun joint naval drills in the Gulf of Oman, marking the fifth year the three countries have conducted military drills together. China’s CGTN news said that the ...

HOUSTON, March 11 (Reuters) - U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp (OXY.N), opens new tab CEO Vicki Hollub said on Tuesday at the CERAWeek conference in ...

Those words are ancient history. At a shareholder meeting last month, BP’s new CEO, Murray Achincloss, sang a starkly different tune, promising to expand oil and gas investment by 20% and ...

If you're searching for a destination that blends breathtaking landscapes, rich culture, and raw adventure, look no further than Oman—the best-kept secret of the Middle East. Unlike its glitzy ...

Crude oil prices began trade this week with a loss as traders digested the latest tariff moves by the Trump administration, which is expected to hurt demand for the commodity and economic growth.

The joint naval exercises will take place March 11 to March 15 in the Gulf of Oman near Iran’s port of ... one that is used for large shipments of oil and other goods. Iran’s state-run Tasnim ...

HOUSTON, March 10 (Reuters) - Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in oil and gas fields to support global energy ...

The new law provides different pathways for individuals to acquire citizenship Sultan Haitham bin Tariq of Oman has issued Royal Decree No. 29/2025, granting Omani citizenship to Maria Voktor ...

China, Russia, and Iran will hold the Security Belt 2025 joint maritime exercises in the Gulf of Oman this month, the Chinese Defense Ministry announced on March 9. Both China and Iran have supported ...