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Energy markets traded mostly higher on Friday, led by gains in crude oil prices.

Business Staff Writer -
Uneven crude oil pricing contrasted with overall strength across global energy markets. Energy prices were broadly higher in afternoon trading on Friday (May 15, 2026),...

Masdar and RWE have received planning permission for the 3GW Dogger Bank South offshore wind farm projects.

Business Staff Writer -
Offshore wind farms off the northeast coast of England are expected to bring jobs and economic growth to the Yorkshire and Humber region. Masdar and...

Oil prices fall as Brent and WTI decline after three days of gains, with markets weighing weaker demand in Asia, U.S. inventory data, and...

Business Staff Writer -
Crude oil prices ease as global benchmarks pull back after a recent rally loses momentum. Oil prices fell in Asian trading on Wednesday, reversing a...

ADNOC Gas warns that any disruption in the Strait of Hormuz could impact its second-quarter earnings, even as it reported a resilient first quarter.

Business Staff Writer -
Habshan gas processing complex is expected to return to full operational capacity next year after recent disruptions caused by attacks. ADNOC Gas said on Tuesday...

Oman plans to develop a $250 million electric vehicle wiring and battery cell project in Duqm.

Business Staff Writer -
The project will be developed in two phases, with an annual production capacity of 60,000 vehicles. Oman Public Authority for Special Economic Zones and Free...
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