Oman, the leading Persian Gulf oil producer outside OPEC, pumped 6.6% more crude in the first six months compared with a year earlier as Royal Dutch Shell PLC’s local venture boosted output. For full story, click here
Continue reading "Oman Oil Output Surged 6.6% On Shell Venture’s Projects"
Monday, June 1, 2009
After initial hesitation, Oman Oil Company is now keen on raising its stake in Bharat Petroleum Corp Ltd’s Bina refinery project to 26 per cent and is ready to pay $250 million for the same. Oman Oil Minister Mohammed bin Hamad Al-Rumhy stated: We want to increase our equity to 25-26 per cent. We are [...]
Continue reading "Oman Oil agrees to pay $250 mln for 26% in Bina refinery"
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Wednesday, August 12, 2009