Tag: Energy
Oil’s 2019 Milestones Tell Decade’s Story of Energy Abundance
(Bloomberg) --Global oil markets notched up a number of milestones this year that echoed the story of the past decade: the world has shifted...
Logistics giant Panalpina sets up office in Oman
Panalpina, an international freight forwarding and logistics company based in Switzerland, is soon planning to set foot in Oman with its office opening in...
Saudi Arabia, Kuwait Make Breakthrough in Neutral Zone Talks
(Bloomberg) -- Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a...
Oman sees a rise in Standard Grade Petrol Production by 41%
The production of standard grade petrol (M-91) by Omani refineries has increased by 41% to touch 13.41 million barrels till the end of November...
Oman Combines Oil Companies to Create a Giant
The largest Arabian Gulf producer that’s not an OPEC member is combining state-run oil investment and refining companies to form a business that spans...
Producer Price-based Inflation Rises 26.9 Percent in Q3 of 2018 in the Sultanate
The Sultanate's producer price index (PPI)-based inflation rose by 26.9% in the third quarter of 2018, over the same period of last year, mainly...
BP To Expand Mideast Presence With $2.8bn Investment
Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its...
