With the steady increase in crude oil production and exports and the surge in oil prices in the mid- and late 1970s, Oman embarked upon an economic development path that transformed it into a ...

Oman's Ministry of Energy and Minerals has announced a competitive bidding round for oil and gas exploration in three key concession areas: Block 43A, Block 66 and Block 36. Interested investors ...

Petroleum Development Oman (PDO) has announced the discovery of four oil fields. The discoveries, in the north at Ufuq and Dafiq, and in the south at Sakhiya-South West and Mamour, will contribute ...

MUSCAT: The official price of Oman oil on Tuesday, February 11, for April delivery reached $79.18 per barrel. The price of Oman oil on Tuesday witnessed an increase of $1.17 compared to Monday's price ...