Kuwait Petroleum International (KPI) announced on Tuesday that Duqm Refinery, its joint venture with Oman's OQ Group, has successfully passed the Lender Reliability Test, enabling it to secure ...

Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.

Kuwait cut power supply to some agricultural and industrial areas as demand rose while there was maintenance work at ...

Maintaining a 100% operational rate throughout 2024, the refinery has exported over 4.1mn tonnes of refined products globally ...

The refinery will cost a whopping Shs7.7 trillion. While Uganda has joined the club of oil-producing countries, it is far from being an oil-rich country. And that shows why its oil cannot be the magic ...