Australia’s Macquarie Group has pulled out of a planned bid for a stake in Kuwait’s oil pipeline network, in a deal valued at up to $7 billion, according to sources familiar with the matter, as geopolitical tensio ...
Kuwait Petroleum Corporation (KPC) has begun cutting crude oil production and declared force majeure amid ongoing disruptions to energy shipments through the Strait of Hormuz as the conflict between US and Iran en ...
Minister of Petroleum and Mineral Resources Tarek El Molla has met with a delegation from Kuwait Foreign Petroleum Exploration Company (KUFPEC) to discuss its activities in El-Zeit Gulf and Ras Kanayis as well as ...
Kuwait announced that it has qualified around 70 local companies, particularly the small and medium-sized petroleum enterprises, to be awarded by the Kuwaiti government.
Japan announced that it conducted a joint deal for oil storage with Kuwait Petroleum Corporation (KPC).
Kuwait and Saudi Arabia will suspend oil production from their joint Khafji oil field and shut down affiliated facilities for one month starting from June 1.
Kuwait Petroleum Corporation (KPC) is set to cooperate with clients in international markets in an effort to cut its supply of Kuwaiti crude oil in accordance with OPEC oil cuts.
The Kuwait Petroleum Corporation’s (KPC) board of directors made several vital decisions to finance its strategic projects, among them KPC has gained the approval to borrow around $6.58 billion from Kuwaiti banks. ...
Kuwait Petroleum Corporation (KPC) aims to boost its oil exports and increase gas production.
Analysts at GlobalData are expecting Kuwait to add three new crude oil refineries by 2023.
