Oman is expected to support a cautious, phased approach to future oil production increases as OPEC+ prepares for a key meeting that could reshape production quotas and baseline calculations for all member countries, according to Ali al Riyami, a well-known Omani energy analyst. Speaking to Al Arabiya Business, Al Riyami said the producer alliance has […]
MUSCAT: Payments reported by energy major Shell to Omani government bodies from extractive activities declined by about 13 per cent to $3.99 billion in 2025, despite an increase in oil production from its flagship Block 6 in the Sultanate of Oman, according to company and official data. The decline from approximately $4.59 billion in 2024 […]
MUSCAT: Oman’s refining sector delivered mixed results during the first four months of 2026, with stronger jet fuel output and petrochemical production offset by declines in gasoline, diesel and liquefied petroleum gas (LPG), according to preliminary data from the National Centre for Statistics and Information (NCSI). Production of regular petrol (91 octane) fell 7.9 per […]
MUSCAT, JUNE 8 Oman will see its crude oil production increased by 5,000 barrels per day (bpd) in July 2026 under the latest output adjustment agreed by Opec+, lifting the Sultanate of Oman’s production ceiling to 831,000 bpd. The increase forms part of a collective decision by seven Opec+ producers — Saudi Arabia, Russia, Iraq, […]
MUSCAT: Oman is advancing a broad set of initiatives aimed at raising oil and gas production efficiency while expanding the use of renewable energy and cutting carbon emissions across the sector. The Ministry of Energy and Minerals said its efforts are aligned with Oman Vision 2040 and the national target to achieve net zero by […]
