Energy

PDO’s Monumental Stride; Oman’s Indigenous Drilling Rig and a Vision for Sustainable Energy Future

In a significant leap towards energy self-sufficiency and fostering in-country value, PDO has unveiled Oman's first locally made drilling rig.…

2 years ago

Global Tensions and Rising Oil Prices Dent Indian Markets

The Indian stock market faced a challenging start to the week, with global volatility and heightened oil prices stemming from…

2 years ago

Kuwait Takes a Pioneering Leap Towards Power and Water Privatization

Kuwait's announcement of plans to privatize its power and water assets signifies a pivotal moment in the nation's quest for…

2 years ago

Oman LNG’s Flourishing Gas Supply Agreements in 2023 Signal Growth and Global Expansion

Oman LNG's recent surge in gas supply agreements signifies a pivotal moment for the company and Oman's energy landscape. With…

2 years ago

Economic Resilience Amidst Oil Output Cuts: GCC Growth Prospects

The Gulf Cooperation Council (GCC) economies faced an intricate economic landscape in the second quarter of 2023, marked by reduced…

2 years ago

Oman Navigates Oil Export Challenges Amidst Changing Global Dynamics

Oman, a significant player in the global oil market, is facing changing dynamics in its oil exports. The sultanate's oil…

2 years ago

ACWA Power-led Consortium’s $2.4 Billion Al-Shuaibah Solar Projects Set to Energize Saudi Arabia

ACWA Power's $2.4 billion Al-Shuaibah solar projects have brought Saudi Arabia's renewable energy aspirations to the forefront. Led by ACWA…

2 years ago

OQ Gas Networks Announces IPO: Oman’s Path to Economic Diversification

OQ Gas Networks (OQGN) has unveiled its ambitious plans for an initial public offering (IPO), set to raise approximately $771…

2 years ago

Europe’s Shifting Stance on Nuclear Power and Its Impact on Clean Energy Goals

Europe's evolving approach to nuclear power represents a significant shift in the continent's clean energy strategy. The recent decision to…

2 years ago

Global Oil and Gas Contract Activity Surges to Record Highs

The global oil and gas sector has observed a substantial boost in contract value, jumping from $35.4 billion in Q1…

2 years ago