Financials and Investment News in Oman

Oil heads for $71 after MidEast cyclone disruptions
6/6/2007 - Oil prices extended gains toward $71 a barrel on Wednesday to their highest in nearly two weeks, after a cyclone disrupted Omani oil and gas exports before weakening on its way to Iran. London Brent c...
Cyclone buffets Oman, disrupts oil, gas exports
6/5/2007 - A powerful cyclone skirted the coast of Oman on Tuesday, disrupting oil and gas exports and pushing oil above $70 but the storm appeared to be weakening and moving north through a major shipping chann...
Oman's revenue surges to OR2.4b
8/15/2005 - Surging oil prices led to a nearly 30 per cent increase in Oman government revenues in the first six months of the on-going year 2005. Revenues surged to OR2.4 billion in first half of 2005 from OR1.9...
PT Medco Energi Signed Gas Sales Agreement in Oman
2/16/2005 - PT Medco Energi Internasional Tbk is pleased to announce that through Novus Oman Ltd (“Novus Oman”), a wholly owned subsidiary of MedcoEnergi, has signed a gas sales agreement with Ras Al Khaimah's ga...
OOC: $800m investment at OGC
1/8/2005 - MUSCAT — Khalifa bin Mubarak Al Hinaie, adviser to the oil and gas minister for technical affairs and board chairman of Oman Gas Co. (OGC), has said the value of the company’s investment in implemente...
Sohar Refinery project documents signed
12/16/2003 - MUSCAT — The project documents for the $1.2-billion Sohar Refinery project was signed by Ahmed bin Abdulnabi Macki, minister of national economy and deputy chairman of the Financial Affairs and Energy...

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