Oil-rich Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged ...

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 ...

KUWAIT CITY - Oil Minister Tariq Al-Roumi has stressed the need to Kuwaitize the oil sector in the coming years, particularly ...

Kuwait Oil Company (KOC), a KPC subsidiary, has already made significant strides with the discovery of two new fields: the 74-square-kilometer Al-Jlaiaa field, revealed in January, and the promising ...

Kuwait Amir Sheikh Abdullah Al-Salem Al-Sabah issues a law approving the Arab Radio Stations U ...

Kuwait and China signed a military cooperation agreement. 2016 -- Kuwait Oil Company declared discovery of a new oil field in Al-Jathatheel in western Kuwait. 2020 -- The National Assembly approved a ...

Over the past 10 months, the Municipal Council has approved several major development projects -- all of which fall within ...

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 nationalization of the oil industry in the Islamic Republic of Iran is the manifestation of a clear-cut victory over Western imperialism.