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A service for energy industry professionals · Tuesday, May 27, 2025 · 816,525,813 Articles · 3+ Million Readers
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Oman Oil & Gas Newswire

  • Published on 12:22 GMT

    Iranian 85-memebr trade delegation travels to Oman

    TEHRAN- An 85-member trade delegation from Iran's private sector departed for Oman on the eve of the visit of President Masoud Pezeshkian and Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Head Samad Hassanzadeh to the Arab …

    Source: Tehran Times - Gov't Propaganda
  • Published on 16:47 GMT

    Oman maintains fiscal discipline in Q1 amidst lower oil revenue

    MUSCAT: The Sultanate of Oman posted a fiscal deficit of RO 136 million in the first quarter of 2025, demonstrating continued government commitment to prudent financial management and strategic investments, even amidst a drop in hydrocarbon revenue and …

    Source: Oman Observer - Gov't Propaganda
  • Published on 05:25 GMT

    Oil falls as higher OPEC+ output expectations weigh on sentiment

    Oil prices slipped for a second session on Tuesday on increasing expectations members of the Organisation of Petroleum Exporting Countries and their allies, known as OPEC+, will decide to increase their output at a meeting later this week. Brent crude …

    Source: Channel News Asia - Pro-Government
  • Published on 12:48 GMT

    Saudi Arabia, Kuwait Announce 'Highly Significant' Oil Discovery

    In a joint statement, which was posted on Saudi Arabia’s energy ministry website and Kuwait’s official oil ministry X account, the governments of Saudi Arabia and Kuwait announced a new oil discovery “in the Partitioned Zone”. The statement said the …

    Source: Rigzone - Neutral
  • Published on 15:51 GMT

    Crude Appears to be Consolidating as Markets Await OPEC+ Meeting

    Crude prices appear to be consolidating around the $65 per barrel level as markets await the upcoming OPEC+ meeting, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil report sent to Rigzone by the SEB team on …

    Source: Rigzone - Neutral
  • Published on 14:45 GMT

    Oman’s public revenues decline 7% in Q1 amid low oil income

    Muscat – Oman’s public revenues declined by 7% to RO2.635bn during the first quarter of this year, compared to RO2.826bn recorded during the same period in 2024. This decline was primarily due to a substantial drop in oil revenues in the January–March …

    Source: Muscat Daily - Pro-Government
  • Published on 12:51 GMT

    Oman’s first quarter budget revenue down falls as oil income drops

    CAIRO (Reuters) – Oman’s overall budget revenue fell 7% year-on-year to 2.635 billion Omani rials ($6.85 billion) in the first quarter of 2025 as oil revenue dropped, Oman’s state news agency reported on Tuesday, citing data from the finance ministry. Oil …

    Source: KFGO - North Dakota - Neutral
  • Published on 13:32 GMT

    Oman Data Park : Powerful Solutions for Any Business

    On a mission to provide the best IT services, Oman Data Park delivers cutting-edge solutions with the highest standards of reliability, security, and responsiveness. We speak with Maqbool Al Wahaibi, CEO, to learn more about the company’s seamless …

    Source: Europe & Middle East Outlook Magazine - Indeterminate
  • Published on 16:55 GMT

    Oil slips, spending rises: Oman’s Q1 revenues dip 7% despite stronger development push

    MUSCAT : The Sultanate recorded total public revenues of RO 2.635 billion by the end of Q1 2025, down from RO 2.826 billion in the first quarter of 2024. This decline is largely attributed to a 13% drop in net oil revenues, which fell to RO 1.468 billion …

    Source: The Arabian Stories - Pro-Government
  • Published on 14:14 GMT

    Oman's public revenues decline by 7% to reach OMR2.63bn by end of Q1 2025

    Muscat: The State’s public revenues decreased by 7% to reach OMR2,635 million by the end of Q1 2025 compared to OMR2,826 million recorded during the same quarter of 2024. This decline is primarily attributed to a reduction in hydrocarbon revenue, according …

    Source: Times of Oman - Pro-Government
  • Published on 01:19 GMT

    Oil edges down as potential higher OPEC+ output eyed

    By Anjana Anil (Reuters) -Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude oil output at a meeting later this week. Brent crude futures shed 12 cents, or 0.19%, to $64.62 a barrel …

    Source: Yahoo Finance - Center-left
  • Published on May 26, 2025

    Middle East Crude-Benchmarks slide, Oman hits over two-month low

    Middle East crude benchmarks spot premiums tumbled on Monday, with that of Oman falling to its lowest level since early March, amid mounting supply outlook as the market eyed another OPEC+ output hike in July. Reuters reported earlier this month that the …

    Source: Hellenic Shipping News - Neutral
  • Published on May 26, 2025

    Oman and Iran: Transforming diplomatic ties into economic growth

    Oman and Iran, bound by deep historical and cultural ties, are steadily strengthening their economic relationship. This enduring connection, built on a foundation of stable diplomacy, is paving the way for increased trade, investment, and business …

    Source: Oman Observer - Gov't Propaganda
  • Published on May 26, 2025

    Oman-Iran relations built on solid foundations

    The visit of Iranian President Dr Masoud Pezeshkian to Oman today is expected to further strengthen the bilateral relations between the two countries. This visit is a significant step in consolidating the long-standing friendship between Oman and Iran, …

    Source: Oman Observer - Gov't Propaganda
  • Published on May 26, 2025

    Oman real estate market poised for growth amidst economic diversification

    MUSCAT: The Sultanate of Oman’s real estate market demonstrated resilience in the first half of 2025, despite global economic uncertainties, according to the latest market research report by Hamptons International. ​The report highlights steady performance …

    Source: Oman Observer - Gov't Propaganda
  • Published on May 26, 2025

    Oman, East Africa explores investment opportunities

    Muscat: The two-day Oman-East Africa Business Forum and East Africa Trade and Investment Exhibition 2025, organised by the Oman Chamber of Commerce and Industry in collaboration with Global Digital Technologies, began on Monday at St Regis Resort, Muscat. …

    Source: Oman Observer - Gov't Propaganda
  • Published on May 26, 2025

    Oman’s power demand set to surge

    As many as 15 major private sector-led industrial and commercial projects will be plugged into Oman’s national grid over the next two years, bolstering electricity demand by nearly 2,000 megawatts (MW) and driving a new phase of national economic growth. …

    Source: Zawya - Indeterminate
  • Published on May 26, 2025

    Oman’s real estate: How many homes, hotel rooms are to come up by 2030?

    Image credit: Getty Images The Sultanate of Oman is poised to deliver 62,800 new residential real estate units by 2030, with 5,500 set to come to market this year, in line with the country’s strategic vision, according to new insight from leading real …

    Source: Gulf Business - Neutral
  • Published on May 26, 2025

    Murban crude prices drop as OPEC+ raises output, prompting surge in volumes to Asia

    Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output following OPEC+’s decision to accelerate production hikes and compete head-on with U.S. shale oil, traders and analysts said. Asian buyers …

    Source: Hellenic Shipping News - Neutral

06 days 09:59:18

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