Oman Oil Marketing Company has been permitted to launch its feasibility study to determine the scope of its potential investment in the operation of fuel filling stations, and fuel services centers in Saudi Arabia.
Oman Oil's exploration and production division mulls investments worth $4 billion over the next five years to boost its oil output up to 200,000b/d in 2020.
UAE's Dolphin Energy Ltd., an Abu Dhabi-controlled venture, providing 2cf/d of gas from Qatar to Oman and the UAE, has secured a 15-year long bank loan of $863m.
China-based Jiangsu Changbao Steel Tube Company will build up a steel piping manufacturing facility worth $20m in Oman to supply the domestic and regional oil and gas industry.
Iran's Oil Minister Bijan Zangeneh, discussed expansion of energy cooperation between Tehran and Muscat with the visiting Omani Minister of Oil and Gas Mohammed Hamad al-Rumhi.
Oil pricing agency Platts is expected to announce by the end of this year which of two Middle East crude grades it will add to its Dubai benchmark in 2016 to boost the liquidity of its price assessment process
The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.
Multi-million dollar contracts were signed by corporate entities, including small and medium enterprises (SMEs), in various fields during the Business Opportunities Forum at the Oman International Exhibition Centre a ...
Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.