FeaturedOil & GasOman posts H1 2024 trade surplus of USD 9.4 billion, driven by oil exportsInternational Finance Business DeskSeptember 24, 2024 by International Finance Business DeskSeptember 24, 2024 In June 2024, Oman's imports reached 8 billion rials, up from 7.2 billion rials during the same period the previous year, a 10% increase... Read more
FeaturedOil & GasOman’s crude oil price in September average $47.2 per barrelInternational Finance Business DeskNovember 9, 2020 by International Finance Business DeskNovember 9, 2020 The Sultanate’s total oil production stood at 261.10 mn barrels for the first nine month of 2020... Read more
Oil & GasIraq to export crude to Oman; Arab nations to start shared refineryInternational Finance DeskJuly 5, 2019December 18, 2019 by International Finance DeskJuly 5, 2019December 18, 2019 Under the terms of a new MoU, Iraq will export crude to Oman and set-up storage facilities in both countries... Read more
CompanyEconomyBP starts production at the Khazzan gas field in OmanBharath KumarSeptember 25, 2017 by Bharath KumarSeptember 25, 2017 BP expects to start-up seven Upstream major projects in 2017 -- making it one of the most important years for commissioning new projects in BP’s history.... Read more