The new $2.6 billion Smart City in Oman challenges Dubai’s urban model with low-rise buildings and sustainable design.

MUSCAT: Gulf Mercantile Exchange (GME), the premier international commodity exchange in the Middle East, recorded continued ...

Oman Oil Marketing Co. (OOMCO) and TFG Marine, a leading international marine fuel joint venture (JV) founded by Trafigura, Frontline and Golden Ocean, have established a bunker fuel JV to supply ...

The once-laughable notion of selling solar power in the Middle East is now a rich vein for China to strengthen its presence ...

John Fredriksen and Trafigura-backed bunker supplier TFG Marine is forming a new joint venture to capture ship fuel volumes in Oman. The company said it has signed a deal to set up TFG-OOMCO with Oman ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...

Oman crude price surged by 5.5% on Monday to its highest level in four months, reaching $82.22 per barrel, driven by renewed ...

Oil prices rose to their highest in more than four months as wider U.S. sanctions against Russia’s energy industry threaten ...

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight ...