MUSCAT: Oxy Oman, a wholly owned subsidiary of the US-based independent oil and gas firm Occidental, announced a haul of 10 ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices. The group ...

A Report from the Labor Network for Sustainability, Co-published by ZNetwork.org. Synopsis In a few short years, China has ...

Oman's efforts to accelerate economic diversification through targeted investment in high-impact sectors are analysed in a new advisory report produced by Oxford Business Group (OBG), in partnership ...

Tensions escalated in the Gulf last month as US intelligence revealed that Iran had loaded naval mines onto vessels, indicating possible plans to block the Strait of Hormuz. This move followed ...

Iranian military forces loaded naval mines onto vessels in the Persian Gulf last month, signaling preparations to potentially ...

US sources said Iran's military loaded naval mines onto ships in the Persian Gulf last month, raising concerns in Washington ...

Iran's military placed naval mines aboard ships in the Persian Gulf, two US officials said, fuelling fears in Washington that ...

In the next step towards expanding its industrial base beyond hydrocarbons, Oman has signed a new salt mining concession. ...

Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's ...

On Sunday, Goldman Sachs analysts forecasted Brent crude oil prices could hit $110 US a barrel if the Strait of Hormuz is blocked. Other analysts have said prices could get as high as $120-$130 per ...

Oman plans to levy personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons. The tax would be a first among the six-member oil-rich Gulf ...