Saudi Arabia oil reserves: Prime Minister Narendra Modi on Saturday began his two-day state visit to Kuwait, making it the first trip by an Indian PM to the Gulf nation after 43 years. Modi ...

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 ...

The Cabinet’s approval of a draft Financing and Liquidity Law, valued at KWD 30 billion over 50 years, has ignited widespread ...

Kuwait Oil Company announced in July that it had made a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field, with preliminary reserve estimates of around 2.1 ...

This is a locator map for the Gulf Cooperation Council member states: Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and United Arab Emirates. (AP Photo) ...

This time, Japan agreed to release oil from its reserves in alignment with the United ... it was urging Iraq to withdraw from Kuwait as oil prices were skyrocketing. The U.S. government had ...

Ruhollah Latifi said that Iran exported non-oil commodities valued at $192.611 million to Kuwait in the ten-month period. In last September, the head of the Iran-Kuwait Chamber of Commerce criticized ...

DUBAI, United Arab Emirates (AP) — Flights to the small, oil-rich country of Kuwait were briefly disrupted Saturday under unclear circumstances. Local media in Kuwait reported the disruption, blaming ...