Global clean energy specialist Tree Energy Solutions (TES) is actively exploring investment opportunities in large-scale production of renewable natural gas — also known as electric natural gas (e-NG) — in Oman. The initiative aims to support the country’s energy transition while also creating an export platform for carbon-neutral fuels targeting international markets. TES CEO and...
In a strategic move to develop high — altitude agriculture and expand Oman’s specialty crop portfolio, Coffee Farm Company, led by founder and CEO Said al Wardi, has launched a commercial coffee cultivation project in Jabal Shams. The initiative aims to plant 6,000 coffee seedlings by 2027, positioning Oman as a potential producer of high-quality...
The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday’s price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile,...
The Public Authority for Special Economic Zones and Free Zones (OPAZ) has entered into a landmark agreement with Mahdah Development Company—an Omani-Emirati partnership represented by DP World—to develop and operate the first phase of the Al-Rawdah Special Economic Zone in Al Buraimi Governorate. The signing ceremony was held in the presence of His Highness Sayyid Theyazin...
Oman’s national grid will be suitably expanded and modernized to help meet a dramatic leap in the green energy requirements of a slate of Smart Cities and sustainable urban development schemes currently in various stages of early implementation in various parts of the Sultanate. According to Oman Electricity Transmission Company (OETC), the majority-state-owned operator of...