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Al Shawamikh Oil Receives Automated Hoists In Muscat

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Muscat: Al Shawamikh Oil Services SAOC, a leading Super Local Community Contractor (SLCC), accepted the delivery of high-tech automated hoists, which are the first...

British Petroleum Gears Up Gas Output From Block 61

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Muscat: Oil & gas giant British Petroleum (BP), in partnership with OQ, PTT Exploration and Production Public Company Limited (PTTEP), Petronas and the Ministry...

Oman Announces Oil Price For July 2021

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Muscat: The Sultanate will witness a price hike in fuel for the month of July this year. The prices are : 1. M91 — 227 baiza...

Alshawamikh Oil Services Signs Cooperation Agreement With Highwood Global

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Muscat: In a bid to maintain the highest of quality standards for different entities operating in oil concession areas, Alshawamikh Oil Services - one...

Deal Between Madayn and OQ To Transfer Gas Network To OQ

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Muscat: OQ Gas Networks – a subsidiary of OQ, has formalised a deal with Madayn for the acquisition of the gas networks constructed by...

OQ Sees Top Executive Elected To GPCA’s Board Of Directors

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Muscat: OQ saw one of their top executive officers, Ahmed al Jahdhami, CEO Downstream – to the Board of Directors of the Gulf Petrochemicals...

Oman’s Crude Oil Benchmark Rebounds 300% Post Onset of Pandemic

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Muscat: Oman’s crude oil benchmark, better known as Oman Crude Futures Contract, has registered a remarkable recovery and posted a growth of by 300%...

Shell Considers Sale of Holdings Worth Upto 10 Billion In U.S largest Oilfield

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According to sources familiar with the situation, oil giant Royal Dutch Shell is considering selling its stake in the United States' largest oil field...

U.S President Joe Biden Announces Suspension of Oil & Gas Leases In Arctic Refuge

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Washington D.C: In a move mirroring his commitment to climate change, the incumbent US President, Joe Biden, announced that the current administration will suspend...
Crude Oil

Oman Oil Price Declines 2.22 US Dollars

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Muscat: Oman oil price (July Delivery 2021) today reached 66.21 US Dollars, comprising a decline by 2.22 US Dollars from the price of yesterday...