KPC | Egypt Oil & Gas

Badawi, KPC’s Al‑Sabah Explore Boosting Kuwaiti Investment in Egypt’s Oil, Gas

Badawi met with Sheikh Nawaf Saud Al-Sabah, Deputy Chairman and CEO of Kuwait Petroleum Corporation (KPC), on the sidelines of his visit to the United States.

KPC Returns to Spot Market Amid Iran War Disruptions

Kuwait Petroleum Corp (KPC) 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 revealed, according to Reuters.< ...

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.
Kuwait Petroleum Corporation (KPC) ...

Macquarie Pulls Out of Kuwait Pipeline Bid as Gulf Tensions Rise

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 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 en ...

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 ...

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.

Japan Reaches Joint Storage Deal with KPC

Japan announced that it conducted a joint deal for oil storage with Kuwait Petroleum Corporation (KPC).

Kuwait, Saudi Arabia Suspend Joint Field Production in June

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.

KPC to Coordinate with Clients Concerning Oil Cuts

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.

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