Kuwait has approved a new financing and liquidity law, enabling it to borrow up to $97.3 billion to fund projects aimed at ...

KUWAIT: Kuwait's Ministry of Oil, on Monday, explored boosting cooperation in oil and gas sectors along with a delegation from Iraqi Oil Ministry. In a press release, the Ministry mentioned that the ...

Kuwaiti oil price increased 14 cents to reach US$77.54 per barrel during Thursday's trading compared to Wednesday's US$77.4, reported Kuwait Petroleum Corporation (KPC) on Friday.In global markets, ...

Horizon Oil has signed a sale and purchase agreement to acquire stakes in the producing Sinphuhorm and Nam Phong gas fields onshore Thailand from ExxonMobil. The acquisition involves a 7.5% ...

Sinopec discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes.

Hot topics in cross-border transactions include the application of the ultimate beneficial ownership rules issued by the Ministry of Commerce and Industry (MOCI), which are creating ongoing compliance ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

BP had stalled plans for Kirkuk for years citing risks of political instability in the province claimed by Iraq’s autonomous ...

Talks to restart Kurdish oil exports through the Iraq-Turkey pipeline have hit a snag as a lack of clarity over payments and ...

Microsoft’s .NET MAUI lets developers build cross-platform apps in C#, but its use of binary blob files poses new risks by ...