Tag: Petroleum

Energy, Oil & Gas

Oman GDP surges 5.1pc in Q2 on strong petroleum activity

Oman's Gross Domestic Product (GDP) at constant prices grew 5.1% during the second quarter hitting RO9.9 billion ($25.6 billion), compared to about RO9.4 billion ($24.3 billion) for the same period in 2025, driven by a sharp increase in petroleum activity, said a report. ...

Energy, Oil & Gas

bp simplifies organisational structure; announces key appointments

British oil and gas company bp has announced that it would reorganise its business into two operating segments - Upstream and Downstream - thus replacing its current three-segment structure, effective July 1. This comes as part of bp's efforts to simplify its structure, boost performance as well as shareholder returns. ...