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 owed to Iran for pre-sanction oil and gas purchases, Al-Jazeera report...
Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums, reported Reuters. A drop in purchases by Kuwait’s long-standing term cus...