Energy

Muscat: Energy Development Oman (EDO) has successfully secured a $2.5 billion debt financing transaction, which attracted an overwhelming market response at...

Muscat: Oman oil price (October Delivery 2021) on Thursday reached $69.08, comprising a decline by $2.34 compared to the price of Wednesday which stood at...

Muscat: Oman oil price (October Delivery 2021) on Wednesday reached $71.42, comprising a decline by 38 cents, compared to the price of Tuesday which stood...

Muscat: The Rural Areas Electricity Company 'Tanweer' - a member of Nama Group - continues its efforts to raise the electricity grid's reliability in the...

Geneva: Global oil demand is rising following an accelerated vaccination campaign and an economic recovery, pushing oil prices to two-and-a-half-year highs...

Vienna: Opec+, the world's leading oil producers, have agreed on Sunday to extend a slight boost in output.The 23-member group, which also includes Russia,...

Beijing:China's crude oil output rose 2.8 percent year on year to 16.67 million tonnes in June, official data showed.The June output grew 3.5 percent from...

Muscat: OQ Group exported the first shipment of Salalah Liquefied Petroleum Gas Plant products to the global markets.A statement issued online by Oman News...

Alberta: Keystone XL pipeline sponsor TC Energy on Wednesday said it was ending the project after Canadian officials failed to persuade the White House to...

Washington: US President Joe Biden's administration announced that it would suspend oil and gas leases in Alaska's Arctic National Wildlife Refuge,...