Energy

Oman's economy which is struggling due to the oil price crunch, and the government's plan to get back on track, continued to dominate the news...

Muscat: A reception for the Indian community in the Sultanate was recently hosted by Indra Mani Pandey, the South Asian country’s ambassador to...

London: Oil prices retreated from a two-week high in New York as signs of rising US inventories and weaker Chinese economic growth compounded forecasts that...

Abu Dhabi: Crude prices will probably stay low for longer than expected, International Monetary Fund (IMF) Managing Director Christine Lagarde said, urging...

Muscat: Oman Oil Refineries and Petroleum Industries Company’s (Orpic) Mina Al Fahal refinery in Muscat reported the utilisation of a record capacity of...

Moscow: Major oil-producing nations, seeking to curb a flood of supply that’s cut prices almost in half in the past year, agreed to wrap up talks on...

Houston: The Saudis may go public, Opec’s in disarray, the US is suddenly a global exporter, and shale drillers are seeking lifelines from investors as...

There’s a new world order to talk about at Houston HOUSTON: The Saudis may go public, Opec’s in disarray, the US is suddenly a global exporter, and...

Doha: Saudi Arabia and Russia agreed to freeze output at near-record levels, the first coordinated move by the world’s two largest oil producers to...

Muscat: Two Omani youngsters who had gone missing in Mussanah waters have been found dead, police tweeted on its official twitter handle. “The bodies of...