Kuwait has raised oil production to more than 2 million barrels per day (mmbbl/d) after output fell to nearly zero at the height of the Iran war, Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Al-Sabah said in an...
Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation, announced a new natural gas discovery at the offshore Al-Jazah field. The discovery set a historical national production record f...
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. The comp...
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, as ...
Kuwait Petroleum Corporation announced that its 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 ...
Kuwait Petroleum Corporation (KPC) aims to boost its oil exports and increase gas production, Zawya reported. According to the chief executive of the state-run company, Hashem Hashem, KPC plans to focus on offshore oi...
Kuwait Oil Company (KOC) has separated and extracted light crude oil from Jurassic production, Kuwait News Agency (KUNA) reported. Kuwait Petroleum Corporation (KPC) plans to export the first shipment of this grade of...
Kuwait Petroleum Corporation (KPC) eyes boosting its crude oil output through spending an expected amount exceeding $500 billion. The new capacity is expected to reach 4.75 million barrels per day (b/d) in 2040, from ...
Egyptian Media reported that Kuwaiti sources stated that Kuwait doubled the monthly amounts of crude oil to be stored in Egypt to 4m b/m. The sources explained that the Kuwait Petroleum Corporation renewed its storing...
Kuwait Petroleum Corporation (KPC) stated that the country increased oil prices by $0.13 , late August, from $43.87 per barrel to reach $44 per barrel, reported Kuwait News (KUNA). In related news, the Kuwaiti nationa...