The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

Oman offers a compelling proposition for investors. Its location provides easy connection to both Asia and Europe, with three ...

With the steady increase in crude oil production and exports and the surge in oil prices in the mid- and late 1970s, Oman embarked upon an economic development path that transformed it into a ...

This agreement aligns with Oman Vision 2040 and the nation’s ambitious goals of achieving carbon neutrality by 2050, ...

Block 54 (the “Karawan Concession”) is located onshore Oman on the eastern side of South Oman Salt Basin and immediately adjacent to existing production. The block covers an area of 5,632km2 within ...

Oman’s economy is currently heavily reliant on oil and gas, which form the backbone of its revenue and exports. Hydrocarbon revenues account ...

NEW DELHI (Reuters) - India is scouting for overseas oil storage and is in initial talks with Oman to lease a facility to hold about 5 million barrels of crude oil, said L.R. Jain, chief executive ...

Oman Electricity Transmission Co. has paused plans to pursue an initial public offering, and is now seeking to raise funds ...

Oman’s Ministry of Energy and Minerals has entered into an Exploration and Production Sharing Agreement (EPSA) with OQ ...

Genel Energy plc has signed agreements to enter into the Block 54 exploration and production sharing agreement (EPSA) in the ...

Muscat, Oman – As part of its efforts to enhance customer experience and elevate retail services at Oman Oil fuel stations, ...

Oman is embarking on a transformative journey, driven by the ambitious goals of Vision 2040, to diversify its economy and ...