Energy

Vienna: The Organisation of the Petroleum Exporting Countries (Opec) on Wednesday marked the 5th anniversary of the historic ‘Vienna Agreement’ reached...

Washington: In an unprecedented move, the United States, the world's biggest oil consumer, has decided to release millions of barrels of oil from its...

Potsdam (Germany): Cost-slashing innovations are underway in the electric power sector and could give electricity the lead over fossil-based combustion...

Abu Dhabi: The Ministry of Energy and Infrastructure has affirmed that the UAE remains fully committed to the Declaration of Cooperation (OPEC+) and...

Muscat: Oman oil price (January Delivery 2022) on Tuesday reached $78.86, comprising an increase by 20 cents from the price of Monday, which was at...

Muscat: Oman oil price (January Delivery 2022) on Wednesday reached $81.26, comprising a decline by 90 cents from the price of Tuesday, which was $82.16.The...

Hague: The Netherlands government said on Monday that it was "unpleasantly surprised" after the oil giant Shell announced it was moving its headquarters...

Vienna : OPEC on Thursday revised the world oil demand growth forecast and lowered it by some 0.16 million barrels per compared to October's assessment...

Muscat: The Sultanate of Oman’s refineries recorded an increase in the production of automobile fuel until the end of September 2021 by 13 per cent,...

Muscat: Tethys Oil’s share of production from Oman's Blocks 3&4 during the third quarter of 2021, before government take, amounted to 1,037,768...