Oman discovers new oil reserves, able to increase output by 100,000 barrels
Oman has announced the discovery of newly-found crude reserves that would increase its oil output by 100,000 barrels over the next few years. According to the Oman News Agency on Saturday, the country's crude oil reserves now stand at 5.2 billion barrels and its gas reserves amount to 24 trillion cubic feet. Citing the Sultanate's Energy and Minerals Minister, Mohammed bin Hamad Al Rumhy, the agency stated that the government aims to […]
