The former US President Joe Biden administration’s focus on alternative energy and reducing reliance on fossil fuels over its ...

KUWAIT: Oil prices fell in 2024, weighed down by concerns over the robustness of global oil demand growth amid weak economic activity in China especially and burgeoning non-OPEC+ supply led by output ...

Sager, Vice Chairman and Group Chief Executive Officer of National Bank of Kuwait (NBK), stated that despite the continuing challenges arising from macroeconomic and geopolitical tensions; NBK ...

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

Since Korea-Kuwait diplomatic relations were established in 1979, three distinct periods of evolution have occurred in the ties between the two nations which were enabled by different bridge builders.

Dublin, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The "Oil Refining Industry in Kuwait 2025" report has been added to ResearchAndMarkets.com's offering. This report is a complete source of information on ...

KUWAIT, Feb 4 (KUNA) -- The Kuwaiti crude oil price dropped 38 cents during Monday's trading to reach USD 79.41 per barrel (pb), compared with USD 79.79 pb the day before, Kuwait Petroleum Corporation ...

OPEC producer Kuwait is planning to pump two billion Kuwaiti dinars ($ ... initiatives to develop industries involving pipelines and other products related to the oil and gas sector in a bid to lessen ...

(Bloomberg) — Kuwait Petroleum Corp.’s oil trading unit appointed company veteran Abdullatif Almukhaizeem as chief executive officer, taking the division closer to starting operations just as a clutch ...

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil ...

Kuwait's oil production capacity now exceeds 3 million barrels per day, Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah told reporters on Tuesday. The country's oil production ...