Page 6 - Oman

MoS V Muraleedharan on two-day visit to Oman for boosting bilateral ties

Minister of State for External Affairs and Parliamentary Affairs V Muraleedharan will kickstart his two-day visit to Oman on Monday to reinforce the shared commitment between both countries

Al Najah: 13-day Indo-Oman joint military exercise concludes in Rajasthan

The fourth edition of Indo-Oman joint training exercise 'Al Najah', with a focus on counter-terrorism, regional security, and peacekeeping operations, was concluded on Saturday in Bikaner

ACME Group to invest Rs 1.5 trn in green hydrogen over 7 yrs; seeks tie-ups

Plans come at a time when govt is likely to announce a green hydrogen purchase obligation for fertiliser and petroleum units, similar to renewable purchase obligation

Dial down rhetoric

BJP must demand greater responsibility from its members

We may consider preferential trade pact with Oman to boost ties: Goyal

India is also under active discussions with Gulf Cooperation Council (GCC) for a comprehensive trade agreement, the Commerce and Industry Minister Piyush Goyal said

India, Oman agree to have joint feasibility study on limited trade deal

The development is taking place at a time when India is set to begin deeper engagements with the Gulf Cooperation Council (GCC) countries towards inking a free trade agreement (FTA)

Iran raises April crude prices by $2.05 a barrel for Asian buyers: Report

Iran has set official selling price of its Iranian Light grade for its Asian buyers at $4.70 a barrel above the Oman/Dubai average for April, up $2.05 from the previous month, an industry source said

Oman to take 35 state-owned companies public in five years

Oman's state-owned energy company OQ is considering local listings for some of its downstream and upstream assets

ACME Group partners with Scatec to develop ammonia facility in Oman

Industry analysts forecast global annual demand for green ammonia to reach up to 200 million tonne by 2050

TVS Motor Company, Bahwan International Group join hands for Iraq market

Building on this partnership, the groups will also explore other avenues of cooperation in Oman and India

Need to improve in lot of area but will take the win: Mahmudullah

Bangladesh eked out a scrappy win over Oman here on Tuesday

Scrappy Bangladesh stay alive in T20 World Cup with 26-run win over Oman

Bangladesh kept their hopes of advancing to Super 12s stage alive with a nervy 26-run win over co-hosts Oman in their Group B match of the T20 World Cup here on Tuesday

Navy Chief Admiral Karambir Singh arrives in Oman on 3-day visit

Navy Chief Admiral Karambir Singh arrived in Oman on Sunday for a three-day visit aimed at further expansion of bilateral military ties with the influential Gulf nation

ACME Group to set up green ammonia, green hydrogen facility in Oman

ACME Group on Monday said it has signed a land agreement to set up a $3.5 billion green ammonia project at Special Economic Zone at the Port of Duqm in Oman.

ACME Solar plans to invest $2.5 billion in Oman green ammonia unit

ACME has a pilot at work in Rajasthan for producing green hydrogen and ammonia

Gurgaon-based ACME to set up green hydrogen, ammonia facility in Oman SEZ

The facility would be set up with an initial investment of $2.5 billion

BPCL to buy out Oman Oil's 36.62% stake in Bina refinery for Rs 2,400 cr

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buyout Oman Oil Company's shares in the Bina refinery project for about Rs 2,400 crore. BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh. In a stock exchange filing, BPCL said it has "finalised commercial terms in connection with the purchase of the 88.86 crore equity shares of Bharat Oman Refineries Limited (BORL), constituting 36.62 per cent of the equity share capital from OQ S.A.0.C. (formerly known as Oman Oil Company S.A.0.C.) for a consideration of approx Rs 2,399.26 crore". The transaction, it said, is subject to the execution of the relevant transaction documentation and other conditions agreed upon among the parties. "Upon completion, BPCL will hold 100 per cent of the equity share capital in BORL," it said. On Tuesday, BPCL Director (Finance) N Vijayagopal had said that discussion

India sending Covid-19 vaccines testimony of bonds of friendship, says Oman

Oman on Monday thanked India for sending coronavirus vaccines and said that the initiative is a "testimony of the bonds of friendship and cooperation between our governments and peoples"

Gulf travel ban imposed for 7-8 days, to hit Indian and West Asian airlines

While India has suspended all flights from UK till December 31, the three West Asian states have stopped air travel from countries around the world for next 7-9 days

BPCL to consider buying 36.62% Oman firm stake in Bharat Oman Refineries

Proposes to merger Bharat Gas Resources with itself