Oman's state energy group OQ is in talks with new potential partners for its planned petrochemical complex in Duqm after Saudi Arabia's SABIC withdrew, said OQ CEO Ashraf Al Mamari.

SABIC decided "to withdraw from the project, so now it is us and ⁠the Kuwaiti ‌side," Mamari told Reuters in an interview, ...

Oil prices – a key driver for Gulf ⁠financial markets – settled lower on Friday, posting a 4% weekly decline as oversupply and hopes for ⁠a potential ‌Russia-Ukraine peace deal outweighed worries over ...

OQ Accelerates National Downstream Growth With 11 New Ladayn Agreements . Anchoring Oman's position as a rising industrial ...

Gulf markets took a hit on Sunday after a sharp slide in oil and a wave of profit-taking pushed traders back into defensive ...

Major Gulf stock markets fell on Sunday on weaker oil prices and profit-taking, with sentiment further pressured by concerns ...

Duqm port on Oman 's southwest coast is close to its major oil and gas projects, where OQ and Kuwait Petroleum International last year inaugurated a $9 billion refinery called OQ8, with plans for a ...

Kuwait is actively searching for a partner to collaborate on a slated petrochemicals complex in Duqm, Oman. Despite Saudi Arabia's SABIC pulling out of the venture, Kuwait remains committed to ...

MUSCAT, DEC 14Marking a significant step in deepening strategic cooperation between Oman and the Netherlands in the global green hydrogen economy, ...

Oil prices – a key driver for Gulf financial markets – settled lower on Friday, posting a 4 percent weekly decline as ...

Oman’s state energy group OQ is in talks with potential partners for its planned petrochemical complex in Duqm after Saudi Arabia’s Sabic withdrew, OQ CEO Ashraf Al Mamari has said. Sabic decided “to ...

OQ Technology said the demonstration proved its satellites can communicate directly with ordinary smartphones with no apps, upgrades or ground network, using a standard that's suitable for public ...