Oman towards reducing its oil production to comply with OPEC+ agreement

Oman is heading to reduce oil production from its six largest blocks of production by 23% from the levels of the basic production line, as it produced 883,000 barrels per day in October 2018, to...

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Oman LNG to allocated 6 million Omani Rials to cover the influence of Covid-19

Oman LNG has allocated 6 million Omani Rials to fight Covid-19. The company will contribute an amount of 2 million Omani Riyals to the fund established by the Higher Committee for Covid-19 and the...

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Oman Supports Deeper Oil Output Cut in (OPEC+)

Omani Oil Minister Mohammed bin Hamad Al-Rumhi said on Saturday 8 February 2020 that his country supports the recommendations made by the technical committee in (OPEC +, which is OPEC and its allies...

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