October 18, 2026
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Tag : natural gas

Business

Indonesia begins building $20.9 billion Masela LNG project

omandailynews.com
Indonesia expects the Abadi Masela LNG project to deliver about $37.8 billion in direct government revenue. Energy and Mineral Resources Minister Bahlil Lahadalia also projected $6.43 billion in indirect tax receipts. Officials released the figures after a July 16 groundbreaking...
News

EU lawmakers back gas storage flexibility to cut prices

omandailynews.com
The European Parliament’s Industry, Research and Energy Committee has adopted a draft law to extend and revise the European Union’s gas storage framework, introducing more flexible rules to help reduce market pressure and lower gas prices. The initiative, supported on...