Business

Muscat: The average price of Oman crude oil increased by 24.80 per cent at the end of March 2018 to reach to $62.9 per barrel compared with $50.40 a barrel...

Baghdad: Iraq failed to attract investment from the top global energy companies in its oil and gas exploration/development contract auction on Thursday,...

Muscat: The 40-year celebration of Oman National Engineering and Investment Company (ONEIC) was recently held, under the auspices of Abdullah bin Mohammed...

Paris: Libyan authorities were informed before French energy major Total closed a $450 million deal with Marathon Oil to take over the US firm's 16 per...

Muscat: The Oman Energy and Water Exhibition and Conference will begin on Monday at Oman Convention and Conference Centre under the patronage of His...

Singapore: Singapore Prime Minister Lee Hsien Loong said on Saturday a mounting trade spat between the United States and China was one of the most pressing...

Muscat: The Oman Drydock Company (ODC) announced the appointment of Haitham bin Nasser Al Taie as the new general manager for finance and corporate...

London: Britain's credit ratings are still at risk from Brexit, Standard & Poor's Global Ratings and Fitch both said on Friday, keeping existing...

Moscow/London: Russian metals giant Rusal will overhaul its board and management in hopes of persuading the United States to lift sanctions but it may be...

Houston: Weak refining margins hurt Exxon Mobil Corp and Chevron Corp's first-quarter profit, cutting into overall gains from rising oil prices. It was...