Tag: Kuwait

Kuwait declares drive majeure as Hormuz disruption halts oil export flows

(Bloomberg) – Kuwait declared drive majeure on shipments of crude oil and refined merchandise because the blockade of the Strait of Hormuz makes it not possible to fulfill obligations to clients that may’t...

bp, Kuwait Oil Firm prolong technical providers settlement by means of 2029

(WO) - Kuwait Oil Firm (KOC) and bp have prolonged their Enhanced Technical Providers Settlement (ETSA) by means of March 2029, persevering with bp’s technical help for enhanced oil restoration (EOR) and subject...

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