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Kuwaiti company joins operator of Galoc oil field

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AP FILE PHOTO

Kuwait Foreign Petroleum Exploration Co. (Kufpec), a subsidiary of Kuwait’s national oil company, has acquired a 26.8-percent working interest in the joint venture operating the Galoc oil field off Palawan.

Posted: May 3rd, 2013 in Latest Business Stories | Read More »

AirPhil eyes flights to Kuwait

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Low-cost carrier AirPhil Express has bared plans to start long-haul operations to the Middle East, going head-to-head with industry leader Cebu Pacific.

Posted: January 28th, 2013 in Editor's Pick,Headlines | Read More »

Vietnam signs $9B oil refinery deal

State-owned PetroVietnam will own a 25.1-percent stake in the Nghi Son refinery , which is due to start operating by 2017 in Thanh Hoa province.

Vietnam on Sunday inked a deal with firms from Japan and Kuwait to build an oil refinery complex worth nearly $9 billion as part of efforts to meet its growing energy needs.

Posted: January 27th, 2013 in Latest Business Stories | Read More »

Cebu Pacific seeks CAB permit to fly 4 times a week to Kuwait

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Budget airline Cebu Pacific is adding Kuwait to its list of planned destinations once it starts long-haul operations later this year.

Posted: January 10th, 2013 in Headlines | Read More »

Kuwait firm to invest $3B in Clark project

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A company based in Kuwait has signified its commitment to pursue its $3-billion investment by renaming the logistics and business center it is developing in a 177-hectare land in this economic zone to honor the country’s amir.

Posted: March 28th, 2012 in Headlines | Read More »

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