News (295)

Oman and Saudi Arabia: Deep-rooted partnership, promising future
September 1, 2026
Oman and Saudi Arabia: Deep-rooted partnership, promising future

The Sultanate of Oman and the Kingdom of Saudi Arabia continue to advance their bilateral relations across all domains at an accelerating pace

LNG in the Energy Transition: Bridge Fuel or Long-Term Player?
August 30, 2026by OPES Feature by Swathi Suresh
LNG in the Energy Transition: Bridge Fuel or Long-Term Player?

The realistic answer to "bridge fuel or long-term role" is probably: both, sequentially and unevenly.

Fracking unlock Oman’s heavy oil potential
August 20, 2026
Fracking unlock Oman’s heavy oil potential

New research from Abraj Energy Services highlights how hydraulic fracturing could provide a faster

OQBI posts RO 43.3m H1 profit as revenue surges
August 17, 2026
OQBI posts RO 43.3m H1 profit as revenue surges

OQ Base Industries (OQBI) has reported a strong first half of 2026, with net profit rising 68% year-on-year to RO 43.3 million

Gulf oil giants Spend billions to bypass Hormuz
August 14, 2026
Gulf oil giants Spend billions to bypass Hormuz

Gulf oil producers are investing billions in new pipelines, export infrastructure and overseas storage to reduce their reliance on the Strait of Hormuz

Oman’s Refinery Products Output Reaches 108.8 million Barrels till June 2026
August 8, 2026
Oman’s Refinery Products Output Reaches 108.8 million Barrels till June 2026

Oman’s refining sector continues to demonstrate strong momentum, with refinery product output reaching 10.88 million barrels by the end of June 2026

EDO restructures operations in preparation for broader growth
August 7, 2026
EDO restructures operations in preparation for broader growth

Energy Development Oman (EDO) is taking another important step in its evolution, restructuring its operations to support broader growth across the energy value chain.

AI data centres drive Siemens Energy growth
August 5, 2026
AI data centres drive Siemens Energy growth

Artificial intelligence is rapidly reshaping global energy demand,

Fitch affirms Energy Development Oman at 'BBB-‘
August 5, 2026
Fitch affirms Energy Development Oman at 'BBB-‘

Energy Development Oman (EDO) has strengthened its investment-grade standing after Fitch Ratings affirmed its BBB- credit rating with a Stable Outlook, reflecting confidence in the company's strong

Oman seen backing OPEC+ output strategy
August 3, 2026
Oman seen backing OPEC+ output strategy

Oman is expected to continue supporting OPEC+'s measured production strategy as the alliance balances global supply

Oman gas output reaches 29.54 bcm
August 1, 2026
Oman gas output reaches 29.54 bcm

Oman's natural gas production continued its strong upward trajectory in the first half of 2026, reaching 29.54 billion cubic metres

Abraj Energy’s order book swells to record RO 953m
July 28, 2026
Abraj Energy’s order book swells to record RO 953m

Abraj Energy Services has strengthened its position in Oman’s energy services sector after reporting a record order book of RO 953 million,