Kuwait Petroleum Corporation

  • KPC Borrows $6.58 B from National Banks

    KPC Borrows $6.58 B from National Banks

    Tuesday, 14th January 2020

    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  

    KPC Sells First shipment of Low Sulphur Diesel  

    Thursday, 2nd January 2020

    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 company (KNPC).

  • KPC to Boost Oil Exports, Gas Production

    KPC to Boost Oil Exports, Gas Production

    Monday, 14th October 2019

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

  • Kuwait Extracts Light Crude From Jurassic Production Units

    Kuwait Extracts Light Crude From Jurassic Production Units

    Thursday, 7th June 2018

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

  • Kuwait Petroleum to Produce 4.75 b/d by 2040

    Kuwait Petroleum to Produce 4.75 b/d by 2040

    Thursday, 1st February 2018

    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

    Kuwait Doubles Crude Oil Storage in Egypt

    Wednesday, 1st February 2017
    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

    Kuwait Bumped Oil Price to $44 a Barrel

    Thursday, 1st September 2016
    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

    Egypt, Kuwait Debate Joint Investment Strategies

    Sunday, 19th June 2016
    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 discussed joint investments strategies.
  • Kuwait to Boost Oil Exports through Suez Canal

    Kuwait to Boost Oil Exports through Suez Canal

    Wednesday, 1st June 2016
    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 Kuwaiti oil exports to Europe.
  • Kuwait Boost Purchase of Russian LNG

    Kuwait Boost Purchase of Russian LNG

    Sunday, 24th April 2016
    Kuwait has plans to purchase up to 1.5m metric tons of LNG from Russia on an annual basis, according to Deputy Managing Director of Kuwait Petroleum Corporation (KPC), Nasser Abdullah Saleh.