The US has called for urgent security measures on the al-Sharara oil field in Libya
Industry
Renewables will become the world’s largest source of power by 2040
BP, the oil and gas company, said that renewables will become the largest source of global power by 2040
OOMCO plans expansion in Saudi Arabia and Tanzania
Oman Oil Marketing Company (OOMCO) has announced a plan to expand its operations in Saudi Arabia and Tanzania
Moody’s: Oman’s deficit to remain around nine per cent of GDP in 2019
The Oman budget deficit is expected to remain around nine per cent of the gross domestic product (GDP) in 2019, according to Moody’s Investors Service
Brent price forecast to US$66 per bbl for 2019: Jadwa Investment
Jadwa Investment, a capital market company, has released its latest report on Quarterly Oil Market update