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US futures tumble as Trump says Iran deal is 'over'; oil climbsOn Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Ira...
Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
Shipping data reveals see-saw situation in Strait of HormuzShipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...
Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. Th...
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
Kuwait declares force majeure on oil shipments amid Hormuz blockadeKuwait has declared force majeure on its crude oil and refined product shipments. This action follows a blockade of the Strait of Hormuz. T...
Kuwait extends oil supply deal for Indian refiners to March: SourcesThis year, Kuwait had shortened an annual oil supply deal with Indian refiners to 9 months ending in December. Kuwait Petroleum Corp has to...
Kuwait's KPC signs deal to store 3.14 mln barrels of oil in Japan, news agency reportsThe 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...
Talks with Kuwait's PIC over petrochemical plant at Dahej remain inconclusive: ONGCPIC, 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.
Kuwait signs $3 bln deal to buy gas from BPThe 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 eyes stake in IOC's Paradip refineryKuwait 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 keen to buy stake in ONGC petrochemical plantsKuwait Petroleum Corp has shown interest in buying stake in ONGC's several petrochemical plants.
- India offers Kuwait stake in 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...
- Kuwait to spend $ 90 bn on oil over 5 years
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...
- IOC might offer Kuwait co stake in two projects
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...