UK's oil and gas major BP and the state-run Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and ...
Kuwait's National Petroleum Company (KNPC) will set up a new company, KBRC, to run its planned Al-Zour refinery and petrochemical complex and to manage a new liquefied natural gas (LNG) import terminal.
China is expected to further increase crude oil imports from West Africa in February in spite of the country's weak economic growth, with tankers estimated to load 1.38mb/d of crude, the highest daily level since Jul ...
India seeks to expand its oil ties with African nations in order to lock in supplies at the time of low oil prices to be able to meet country's future demand.
Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...
Kuwait's Petrochemicals Industries Company (PIC) has agreed to pay $100m to buy a 25% equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co.