Kuwait Petroleum Signs Two-Year Crude Storage Agreement in Korea

• Monday, 4th November 2024
• by Doaa Ashraf

Kuwait Petroleum Corporation has signed a two-year agreement with Korea National Oil Corporation (KNOC) for the storage of up to 4 million barrels of crude oil within KNOC’s storage facility located in Ulsan.

KPC Borrows $6.58 B from National Banks

• Tuesday, 14th January 2020
• by Editorial Team

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. ...

KPC Sells First shipment of Low Sulphur Diesel  

• Thursday, 2nd January 2020
• by Fatma Ahmed

Kuwait Petroleum Corporation announced that it's international marketing sector has sold its first shipment of low Sulphur Diesel with a Sulphur content of 10 ppm, in cooperation with Kuwait National petroleum com ...

KPC to Boost Oil Exports, Gas Production

• Monday, 14th October 2019
• by Mai El Ghandour

Kuwait Petroleum Corporation (KPC) aims to boost its oil exports and increase gas production.

Kuwait Extracts Light Crude From Jurassic Production Units

• Thursday, 7th June 2018
• by Editorial Team

Kuwait Oil Company has separated and extracted light crude oil from Jurassic production.

Kuwait Petroleum to Produce 4.75 b/d by 2040

• Thursday, 1st February 2018
• by Sarah Samir

Kuwait Petroleum Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.

Kuwait Doubles Crude Oil Storage in Egypt

• Wednesday, 1st February 2017
• by Sarah Samir

Kuwait increased the monthly amounts of crude oil to be stored in Egypt to 4m b/m.

Kuwait Bumped Oil Price to $44 a Barrel

• Thursday, 1st September 2016
• by Sarah Samir

Kuwait Petroleum Corporation (KPC) stated that the country increased oil prices increased by $0.13, late August, from $43.87 per barrel to reach $44 per barrel

Egypt, Kuwait Debate Joint Investment Strategies

• Sunday, 19th June 2016
• by Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Tarek El Molla welcomed a delegation from Kuwait Petroleum Corporation (KPC) headed by Nabil Bourisly, the Managing Director of International Marketing, with whom he discus ...

Kuwait to Boost Oil Exports through Suez Canal

• Wednesday, 1st June 2016
• by Egypt Oil & Gas

The Kuwait Petroleum Corporation has signed an agreement with Egypt’s Suez Canal Authority to boost the bilateral cooperation between the two countries and increase the number of Kuwaiti tankers to increase the Kuwai ...