Petroleum Development Oman is at the forefront of supporting employment, education, health, cultural, social and infrastructure schemes across the length and breadth of the country. Excerpts from an interview with Managing Director, Raoul Restucci How is PDO as a company contributing to the social and economic development of Oman and Omani people? PDO works on […]
Mohammed Ali Al Farsi, GM- External Affairs & Business Development, Shell Oman Marketing, talks about how the company’s strategy that targets a wide range of initiatives to drive social awareness and contribute to the well-being of the local communities, as part of its business plan Shell Oman Marketing Company (Shell Oman) is committed to meet the […]
Orpic is in the process of building one of the best integrated refining and petrochemical sites in the world. Dr Hilal Al Hinai, General Manager, Corporate Support Services talks about the current status of the projects, in an interview with Muhammed Nafie What is the current status of Orpic’s ongoing projects in Sohar to build […]
Petroleum Development Oman (PDO) has signed a Memorandum of Understanding (MoU) with Fashion Apparels to support the training of 300 Omani women jobseekers so that they can work in the clothing industry. PDO external affairs and communication manager, Suleiman Al Mantheri signed the agreement with Fashion Apparels executive director, Harinder BS Lamba at an official […]
According to a recent report, Oman’s Ministry of Oil and Gas recently announced the revised petrol and diesel prices for June. The price of super grade petrol (M95) is set at 180 baisa (Dh1.72) per litre, that of regular petrol (M90) will be 170 baisa per litre, and diesel will cost 185 baisa in June, according to the Ministry of Oil and Gas.
Salalah Port in the Governorate of Dhofar added a new main shipping line with the launch of New Falcon Services of Mediterranean Shipping Company (MSC) to directly link with Asia and Middle East.
Oman Power and Water Procurement Co (OPWP), the sole procurer of all new power generation and water desalination capacity in the sultanate, signed on Sunday a number of agreements to establish two independent power plants in Ibri and Sohar.
The Sultanate’s total crude oil and condensates production during April 2016 stood at 29,829,100 barrels, a daily average by 994,303 barrels, constituting a rise by 1.57% compared to the daily production during March 2016 when calculating the daily average, according to the monthly report published by the Ministry of Oil and Gas.
The Sultanate recorded a significant 127.3% year-on-year increase in the production of regular (90) petrol during the first quarter of the current year with output surging to 1.72 million barrels compared with 758,900 barrels produced last year, according to the latest data released by the National Centre for Statistics and Information (NCSI).
According to Reuters report International Energy Agency (IEA) chief Fatih Birol has said that oil prices may have bottomed out, providing that the health of the global economy does not pose a concern.