KPC | Egypt Oil & Gas
Badawi, KPC’s Al‑Sabah Explore Boosting Kuwaiti Investment in Egypt’s Oil, Gas
On the sidelines of his visit to the US, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Sheikh Nawaf Saud Al-Sabah, Deputy Chairman and CEO of Kuwait Petroleum Corporation (KPC), to discuss ways t...
KPC Returns to Spot Market Amid Iran War Disruptions
Kuwait Petroleum Corporation (KPC), a state-owned company, has offered prompt-loading fuel products on the spot market for the first time since the outbreak of the Iran war, four sources familiar with the matter reve...
Kuwait Anoounces Force Majeure on Oil Exports
Kuwait has moved to protect its contractual obligations after disruptions to tanker traffic in the Strait of Hormuz forced it to suspend part of its oil export commitments, Reuters reported, citing Bloomberg News. Kuw...
Macquarie Pulls Out of Kuwait Pipeline Bid as Gulf Tensions Rise
Australia’s Macquarie Group has withdrawn from a planned bid for a stake in Kuwait’s oil pipeline network, a deal valued at approximately $7 billion, according to sources familiar with the matter. As reported by...
Kuwait declares force majeure as Strait of Hormuz disruptions persist
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 enters...
KUFPEC Looks to Increase Investments in Egypt
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 incr...
Kuwait Qualifies 70 Companies for Oil Projects
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, Zawya reported. This comes as a part of Kuwait ...
Japan Reaches Joint Storage Deal with KPC
Japan announced that it reached a joint deal for oil storage with Kuwait Petroleum Corporation (KPC), Reuters reported. According to the deal, KPC can use a capacity of 3.14 million barrels for free. In return, Japan ...
