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Kuwait

COSCO SHIPPING Specialized Carriers Launches New Direct Route, Accelerating Fuzhou Auto Exports to the Persian Gulf

COSCO SHIPPING Specialized Carriers subsidiary, Guangzhou Yuanhai Auto Carrier, has officially launched the “Fuzhou – Persian Gulf” direct shipping route, marking a major boost...

Reliance Buys 1 Million Barrels of Crude from Kuwait’s KPC, Trade Sources Say

November 19, 2025 - India’s Reliance has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four trade sources...

Mideast Gulf gasoline flows to Singapore rise in Oct

Dubai, 19 November (Argus) — Gasoline exports from the Mideast Gulf to Singapore have risen sharply in October, reaching their highest level since April...

Reliance Industries buys 1 million barrels crude oil from Kuwait

Reliance Industries has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four trade sources said. Last week, KPC...

Global oil refining profits surge and may stay strong

Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts,...

Kuwait’s state oil firm KPC signs $4.9 billion loan deal with local banks

Kuwait Petroleum Corporation said on Tuesday it had signed an agreement for a 1.5 billion dinar ($4.89 billion) syndicated loan led by the National...

LR and Jinan Shipyard sign MOU

Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) with Jinan Shipyard, a Qatar Free-Zone-based shipbuilding company, to collaborate on the development, classification,...

Kuwait Petroleum Corporation agrees to $4.9bn loan to boost oil output

Kuwait Petroleum Corporation (KPC) has agreed to procure a syndicated loan of Kd1.5bn ($4.89bn) to support its strategy to boost oil output. The syndicated loan,...

Lloyd’s Register and Jinan Shipyard join forces to advance maritime innovation in the GCC

Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) with Jinan Shipyard, a Qatar Free-Zone-based shipbuilding company, to collaborate on the development, classification,...

Chevron, Phillips 66, Total win India’s first tender to buy US LPG, sources say

Indian state refiners have awarded their first joint, long-term tenders to Chevron, Phillips 66 and TotalEnergies Trading SA to import U.S. liquefied petroleum gas...
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