Tag: Oman

Energy, Oil & Gas

Oman refining sector shows mixed performance in April 2026

Oman’s refining and petrochemical sector showed mixed performance in April 2026, with automotive fuel output down 5.8 per cent and diesel falling 3.3 per cent to 23.7 million barrels. Aviation fuel rose 10.9 per cent, while LPG declined 4.9 per cent and polypropylene dropped 25.7 per cent to 76,300 metric tonnes. ...

Energy, Oil & Gas

Oman's Madayn unveils 90-project infra drive, solar energy hub in Suhar

Oman’s Public Establishment for Industrial Estates (Madayn) has unveiled an ambitious programme to implement 90 infrastructure projects across its industrial cities over the next five years, while advancing what is set to become the largest solar energy project within the Sultanate’s industrial zones as part of its updated Vision 2040 strategy....

Energy, Oil & Gas

Oman’s total oil exports increase by 2.7pc

Oman's oil exports recorded an increase of 2.7 per cent by the end of April 2026, reaching 102,734,400 barrels, compared to 100,032,400 barrels by the end of April 2025....

Energy, Oil & Gas

Oman records 4.6pc growth in natural gas output

Oman’s natural gas production, including both domestic production and imports, increased by 4.6 per cent, reaching 18,772,100,000 cubic meters by the end of April 2026....

Energy, Oil & Gas

Oman seeks supervisory consultancy services bids for 300MW solar project

Oman’s Nama Power and Water Procurement Company (PWP) has announced that it is seeking bids from qualified companies for providing project management and supervisory consultancy services for the 300MW Marsa Solar Independent Power Project (IPP) in the sultanate. ...

Energy, Oil & Gas

Oman’s OQEP inks MoU with Libya to boost O&G investment

OQ Exploration and Production (OQEP) Company has signed a memorandum of understanding with Libya’s Investment Authority to strengthen energy cooperation. The agreement aims to explore joint oil and gas investment opportunities in Oman, Libya and international markets. ...

Energy, Oil & Gas

ADNOC resumes naphtha exports via Sohar

Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha ‌in May via the Omani port of Sohar, a Reuters report said quoting traders....

Energy, Oil & Gas

O-Green achieves financial close for Oman’s largest industrial solar project

O-Green, a green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, said it has achieved the financial close for the largest solar energy project in Oman. The landmark 93MW solar project is being developed in partnership with Madayn at Sohar Industrial City....

Energy, Oil & Gas

Asyad Shipping names two LNG vessels, expands fleet

Asyad Shipping, a subsidiary of Asyad Group, has named two new liquefied natural gas (LNG) carriers, Muscat LNG and Musandam LNG, marking a key expansion of Oman’s maritime fleet and strengthening its role in global energy transport....

Energy, Oil & Gas

OPES, OSW 2026 showcase Oman’s push for energy transition

Oman Petroleum & Energy Show (OPES) 2026 and Oman Sustainability Week (OSW) 2026 concluded a high-impact three-day run at the Oman Convention and Exhibition Centre, reinforcing Oman’s growing role as a regional hub for energy transition, sustainability, and industrial innovation....

Energy, Oil & Gas

Oman signs energy efficiency deals, launches new digital platforms

Oman’s Ministry of Energy and Minerals signed two agreements to improve energy efficiency in government buildings under its net-zero programme. It also expanded the “Meezan” platform through partnerships with national companies and institutions....

Energy, Oil & Gas

Italy, Oman sign 150 MW green data centre project

The Italian Pavilion at Oman Sustainability Week 2026 signed an energy partnership to develop a 150 MW hyperscale AI data centre in Oman, integrating renewable energy, enhancing efficiency and supporting low-carbon digital infrastructure aligned with Oman Vision 2040....

Energy, Oil & Gas

OQ achieves 2025 emissions targets, boosts local value added by 24pc

OQ Group’s 2026 Sustainability Report highlighted progress in renewable energy, emissions reduction and local value creation, including over 2,000MW renewable capacity, achievement of 2025 emissions targets, automated emissions tracking systems and a 24 per cent increase in local value retained in Oman....

Energy, Oil & Gas

OPES, Oman Sustainability Week 2026 open in Muscat

Oman Petroleum & Energy Show and Oman Sustainability Week opened on May 18, 2026 at Oman Convention and Exhibition Centre, convening global energy leaders, policymakers, investors, and sustainability experts....

Energy, Oil & Gas

Nama, O-Green launch 2.7 GW renewables project in Oman

Nama Power and Water Procurement and O-Green signed a Power Purchase Agreement for Oman’s 2.7GW Continuous Renewable Energy Project in Mahout and Duqm, combining solar, wind and battery storage to deliver reliable round-the-clock clean electricity....

Energy, Oil & Gas

OQEP reports $770.8m revenue for Q1 2026

OQ Exploration & Production (OQEP), Oman’s oil and gas exploration and production company, reported resilient Q1 2026 results, with revenue of OMR296.4 million ($770.8 million), broadly stable year-on-year, supported by higher gas sales and an under lift adjustment for oil and condensates....

Energy, Oil & Gas

Oman unveils revised roadmap for net-zero emissions by 2050

Oman unveiled updated net-zero and carbon market framework targeting carbon neutrality by 2050, aiming for 33 per cent emission reduction by 2035 across seven sectors, boosting green hydrogen, renewables, investment, and low-carbon GDP growth....

Energy, Oil & Gas

OPAZ signs $250m EV, battery cell project deal in Duqm

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a usufruct agreement with Korean EV technology company EL B&T to establish an electric vehicle and battery cell production project in Duqm’s special economic zone, with investments estimated at $250 million....

Energy, Oil & Gas

Major energy, sustainability events return to Muscat from May 18

Oman Sustainability Week (OSW) and the Oman Petroleum and Energy Show (OPES) will take place from May 18 to 20, 2026 at the Oman Convention and Exhibition Centre in Muscat, under the patronage of the Ministry of Energy and Minerals....

Energy, Oil & Gas

Oman to enforce new fuel station rules from May 6

Oman’s Ministry of Commerce, Industry and Investment Promotion will begin implementing the provisions of the new regulatory framework for fuel filling stations, issued under Ministerial Decision No. (142/2025), effective Wednesday, May 6, 2026....