Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the Gulf states said in a joint statement. Saudi Arabia, the biggest oil producer in the Organization of the Petroleum Exporting Countries, and Oman, a small non-OPEC …
Read More »Iran, Oman Determined to Boost Trade Ties
Iran shares borders with fifteen countries, namely the United Arab Emirates (UAE), Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia. Expansion of trade with these neighbors, specially increasing non-oil exports to them, is one of the major plans that the Iranian government …
Read More »Oman, IEA to Host Ministerial Dialogue on Clean Energy
Oman’s Ministry of Energy and Minerals and the International Energy Agency (IEA) will organise a Ministerial Dialogue on September 9 to explore ways to leverage clean energy transitions to ensure broader economic resilience. The Ministerial Dialogue – which will be co-hosted by Oman’s Minister of Energy and Minerals Mohammed bin …
Read More »Oman to Launch Green Hydrogen Alliance
Adding new momentum to its ambitions to jumpstart the growth of a Green Hydrogen economy in the country, Oman is preparing to create an ‘alliance’ of local and international investors and related stakeholders to help accelerate development of zero-carbon energy projects in the Sultanate. A framework for the proposed ‘Oman …
Read More »Oman LNG and Shell Join in on Carbon-Neutral LNG
State-owned Oman LNG has signed an agreement with Royal Dutch Shell to deliver the Middle East’s first shipment of carbon-neutral LNG. The carbon-neutral LNG cargo will be delivered from the terminal in Qalhat near Sur, in the Ash Sharqiyah Region of northeastern Oman. Oman LNG explains that nature-based projects aim …
Read More »Oman Key Partner in OPEC+ Decisions
The Director-General of Marketing at the Ministry of Energy and Minerals has said the Sultanate is an important partner in the cooperation agreement signed between OPEC and non-OPEC members that decided to cut oil production. He said that it was decided that the Sultanate’s share of the production cut in …
Read More »Iran Intent to Export Gas, Power to Oman
Iran is planning to start exports of gas and electricity to Oman, an official with the Trade Promotion Organization of Iran (TPOI) said on Saturday. “We are pursuing the exports of gas and electricity to Oman,” Farzad Piltan said. “Next year we will hold a joint economic commission between Iran …
Read More »Oman Records Decrease in Domestic Production, Import of Natural Gas
The total domestic production and imports of natural gas in the Sultanate have registered a decrease of 0.7 per cent during the first nine months of 2020. A statement issued online by Oman News Agency (ONA) said, “A decrease in the total domestic production and imports of natural gas in …
Read More »Solar-Powered Hydrogen Generation Hub in Oman
Oman’s Sohar Port and Freezone, a deep-sea port and adjacent free zone located in the homonymous coastal city, is planning to host a large scale green hydrogen generation hub powered by solar power plants. According to the whitepaper SOHAR Port and Freezone Going Green, published by the port’s CEO, Mark …
Read More »Iran Sends 8th Non-Oil Cargo to Oman via Sirik
Iran has shipped the second non-oil cargo to Oman via Sirik Port in southern Hormozgan province, Governor of Sirik County said on Wednesday. According to Ahmad Jamaleddini, the 610-ton consignment contains fresh fruits and vegetables, dried nuts and construction material with a collective value of 150 billion rials (Over $530 …
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