UAE’s Enoc Pays Iran $4b in Oil Dues

• Tuesday, 30th May 2017
• by Editorial Team

Iran has said it had received more than $4b from Emirates National Oil Company (Enoc), as part of the UAE retailer's settlement of its debts.

Kuwait Cut Fuel Premiums

• Sunday, 6th November 2016
• by Egypt Oil & Gas

Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums.