NBK, KFH Arrange $1.2-B Facility for KPC
National Bank of Kuwait (NBK) and Kuwait Finance House (KFH) have arranged a five-year loan and Murabaha facility at $1.2 billion for Kuwait Petroleum Corporation (KPC).
Kuwait Petroleum Corporation (KPC) | Egypt Oil & Gas
KPC Plans an 8% Share in Global LNG Regasification Capacity by 2023
Kuwait Petroleum Corporation (KPC) plans to have an 8% share in the capacity of the global liquefied natural gas (LNG) regasification industry through its new, planned and announced, projects between 2019-2023.
KPC to Invest $50 B in Expansion Projects
KPC plans to invest around $50 billion in expansion projects and new refineries.
KPC to Investigate Kerosene Refinery’s Fire
The fire was detected on April 3 and led to the shutting down of the unit.
KPC Inks MoU with Britain for Loans, Credit Facilities
KPC has inked a MoU with Britain for up to $3 billion in loans and credit facilities.
Kuwaiti Oil Price Decreases
The price of Kuwaiti oil went down by $0.42 to reach $48.75 per barrel.
Egypt, Kuwait Renew Oil Supply Contracts
Kuwait Petroleum Corporation (KPC) renewed two 3-year commercial contracts with the Egyptian General Petroleum Corporation (EGPC) to supply Egypt with 2.5m tons/y of petroleum products and 2mb/m of crude oil.
Kuwait Oil Tanker Company Establishes New Fleet Program
Kuwait Oil Tanker Company (KOTC) finalized establishing a nine-vessel new building program.
Oman, Kuwait to Sign Refinery MoU
Oman Oil Company's (OOC) CEO will sign a memorandum of understanding (MoU) with Kuwait Petroleum Corporation (KPC) for a partnership at Oman's Duqm refinery during November. The MoU would equally combine crude oil fr ...
