A large flotilla of vessels belonging to Kuwait Oil Tanker Co has been assembling in the crowded waters off the Omani port of Sohar in the Arabian Sea. Vessel tracking data shows six of the company’s ...

After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the ...

Kuwait Oil Company (KOC) is currently preparing for the second exploration campaign. The campaign covers three offshore fields, the latest ...

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

Washington carried out new strikes on southern Iran, while Tehran downed a US drone and fired at a fighter jet.

The emirate has been hit hard by the Hormuz shutdown, underscoring the increased regional risk as it seeks international ...

KARACHI: Pakistan plans to boost domestic storage for crude oil and refined products to increase its energy security, ...

Sovereign funds, banking strength and trade gains boost GCC’s global standing Gulf Cooperation Council (GCC) ...

The Central Bank of Kuwait has announced that Standard & Poor’s (S&P) has affirmed Kuwait’s long-term sovereign credit rating ...

KUWAIT -- Kuwait's Ministry of Oil organized Sunday a virtual seminar on developments in liquefied natural gas (LNG) and ...

Major oil producers within OPEC+ are planning to increase their oil output targets for July, despite persistent supply ...

Seven leading OPEC+ oil-producing countries ‌will likely agree to a modest hike to July output when they meet on June 7, four sources said, though delivery for several remains disrupted by the Iran ...