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Energy Development Oman

Energy Development Oman latest

Oman: Gov't Profits Plummet 27.68 Percent to $7 Billion in 4 Months
June 3rd, 2021 - 11:00 GMT

Oman: Gov't Profits Plummet 27.68 Percent to $7 Billion in 4 Months

Oman’s government revenues dropped by 27.68% from January to the end of April 2021 to stand at RO2.769 billion ($7.17 billion) as against the corresponding period in 2020, a media report said. Net oil revenues stood at RO1.34 billion, down by 36.82% due to the decline in oil prices and production average, coupled with Covid-19 impacts which slowed the Sultanate’s economic and financial growth, reported Oman News Agency (ONA), citing ...
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Oman Establishes New National Energy Company to Raise Capital
December 7th, 2020 - 07:30 GMT

Oman Establishes New National Energy Company to Raise Capital

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