Pakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...

Kuwait has declared force majeure on its crude oil and refined product shipments. This action follows a blockade of the Strait of Hormuz. T...

Oil tankers from various nations are successfully passing through the Strait of Hormuz. These vessels are carrying vital oil and gas suppli...

Oil tankers are successfully transiting the Strait of Hormuz. Vessels from various nations are carrying crude oil and refined products to d...

Iran is searching for a missing American pilot after two warplanes were shot down. Two airmen have been rescued. The incidents highlight on...

Iran attacked a fully loaded crude oil tanker at Dubai Port’s anchorage on Monday, setting it on fire and damaging its hull, according to K...

This year, Kuwait had shortened an annual oil supply deal with Indian refiners to 9 months ending in December. Kuwait Petroleum Corp has to...

The agreement is part of KPC's efforts to secure storage abroad and increase its market share in the Far East, he said according to the sta...

PIC, a subsidiary of state-run Kuwait Petroleum Corp (KPC), was in talks to buy at least 26 per cent stake in ONGC Petro-additions Ltd.

UAE's oil company Adnoc and Kuwait Petroleum Corp have shown interest in hiring a part of India's under-construction strategic storage.

The BP deal, signed by state-run Kuwait Petroleum Corp (KPC), will help Kuwait run its power plants through the hottest time of the year.

Kuwait Petroleum Corp (KPC) is in talks with IOC for taking a stake in the state-owned firm's Rs 29,777-cr Paradip refinery and a proposed ...

Kuwait Petroleum Corp has shown interest in buying stake in ONGC's several petrochemical plants.

India has offered Kuwait a stake in ONGC's Rs 21,396-crore petrochemical plant at Dahej in Gujarat and in IOC's proposed chemical unit at P...

Pakistan wants to start fuel imports from India and the two neighbours are working out a payment mechanism to start fuel trade.

OPEC member Kuwait plans to spend as much as $90 billion on oil projects inside and outside the country over the next five years, a top oil...

Indian Oil Corp (IOC), the country's largest oil firm, plans to offer Kuwait Petroleum Corp (KPC) a stake in an upcoming refinery at Paradi...